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      UK inflation overshoots forecasts in cost of living warning

      A new paper by the free-market think tank IEA demands the Treasury to broaden its focus from inflation to total spending in the economy – which would account for both economic growth and inflation.

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Media

  • Royal Mail slams union’s ‘wholly unacceptable behaviours’ at strikes

    December 1, 2022

    Royal Mail has today written to union bosses to intervene in “wholly unacceptable behaviours” on the picket line. Writing to the general secretary of the Communication Workers Union (CWU) Dave Ward, the delivery giant said there had been more than 100 allegations of violence and assault, harassment and intimidation have been reported over the four [...]

  • World Cup: England v Wales peaks at 17.6m viewers on BBC

    November 30, 2022

    England v Wales peaked at 17.6m viewers on BBC One last night as the Welsh get knocked out of the tournament. The whopping figure does not include people watching in public spaces or people using a streaming service, according to data from Digital i. The numbers smash viewing figures from the Lions’ first game of [...]

  • Future tops profit expectations with acquisitions and US push

    November 30, 2022

    Publisher of The Week Future tops profit expectations as it continues to diversify offering with fresh buys and push into the States. Full year revenue climbed 36 per cent to £825.4m, reflecting a combination of continued organic growth and acquisitions. Adjusted operating profit topped expectations, jumping 39 per cent to £271.7m, with 11 per cent [...]

  • Editors call for law change to stop oligarchs silencing press

    November 29, 2022

    A group of UK journalists have banded together to call on the justice secretary, Dominic Raab, to back a proposed law to tackle “abusive legal tactics to shut down investigations” The letter, signed by the editors of the Guardian and the Daily Mail, has urged the government to address the “endemic” use of strategic lawsuits against [...]

  • Music to Spotify’s ears: Watchdog says streaming intervention not needed

    November 29, 2022

    The competition regulator said it will not intervene in the music streaming market, deeming the industry valuable to both artists and consumers. In its final report published this morning, the Competition and Markets Authority (CMA) found that consumers actually benefited from digitisation and competition between music streaming services. Prices for consumers have fallen by more [...]

  • The man behind the O2 says Brits back ‘good times’ in the face of recession

    November 29, 2022

    The man behind London’s The O2 says that despite cost of living concerns, people are still spending big on events, with the consumer mindset shifting to “having good times”. Paul Samuels, who heads up global partnerships at events giant AEG, told City A.M. that the arena is yet to see a dip in visitors amid [...]

  • Govt boots legal but harmful provision from online safety bill

    November 28, 2022

    The “legal but harmful” provision has been formally scrapped from the online safety bill, in a push to water down moderation and put greater focus on free speech protection. The provision, which would have allowed tech firms to remove content that wasn’t actually illegal, sparked controversy across free speech advocates raising concerns around overcensorship. However, [...]

  • Bob Dylan apologises for using machine to ‘hand-sign’ new £495 book

    November 28, 2022

    Bob Dylan has issued a public apology after using a machine to “hand-sign” limited-edition copies of his new book, Philosophy Of Modern Song. In a rare statement, the 81-year-old music legend said it was an “error in judgement” to use a machine, blaming pandemic complications and vertigo for his decision making. “So, during the pandemic, [...]

  • I’m A Celeb: Matt Hancock finishes third as Lioness Jill Scott crowned Queen of Jungle

    November 28, 2022

    Matt Hancock finished third in the ITV reality show I’m a Celebrity Get Me Out Of Here, as Lioness Jill Scott was crowned Queen of the Jungle. The MP, who lost the Conservative whip upon entering the Australian rainforest, was kept in the competition until the end, but proved not to be the winner. The [...]

  • Camelot posts record half year thanks to online boost

    November 23, 2022

    Outgoing National Lottery operator Camelot posted its highest half-year sales this morning as soaring online sales continue to save the day. The company said that the rising number of online players offset the dwindling in-store ticket and scratchcard demand, with sales topping £4bn for the first time in its history. Despite the “difficult” retail landscape [...]

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