Reeves: Latest interest rate hike is a ‘hammer blow’ which did not need to happen August 4, 2023 Shadow chancellor Rachel Reeves has labelled the latest rise in interest rates as a “hammer blow for working people” which did not need to happen. The Bank of England raised the base rate for the 14th time in a row on Thursday, taking it to 5.25% in a bid to bring inflation under control. The [...]
Child benefit changes to kick in as government expands free nursery hours April 3, 2024 Changes to child benefit are set to save higher earning parents an average of £1,260 a year as the high income charge threshold increases.
BT to convert street cabinets into EV charging units January 8, 2024 BT is launching its first electric vehicle (EV) charging unit connected to a street cabinet to help solve the UK's charger shortage.
Rising star Claire Coutinho faces gruelling start in energy secretary role September 5, 2023 Claire Coutinho has taken over energy policy from Grant Shapps, and faces a highly challenging start to her new role.
Rayner: Fear over Labour workers’ rights plans like ‘squealing’ over minimum wage April 1, 2024 Angela Rayner has said fears over her workers’ rights plans is similar to the “squealing” over the minimum wage law brought in by the party in 1999.
Investors pressuring Power Metal Resources to back Uranium listing March 25, 2024 Uranium spot prices rose to a 16-year high of $106 (£84) per pound in February.
Goldman warns oil prices could double if Houthi Red Sea shipping attacks continue January 5, 2024 Maersk has suspended all shipping through the Red Sea until further notice
Lord Pannick: Activision hires top KC for £55bn Microsoft takeover legal challenge May 10, 2023 Computer Games company Activision Blizzard has hired Boris Johnson’s former lawyer to represent it in a £55 billion legal battle with the competition watchdog. Lord David Pannick KC, who represented the ex-prime minister through the partygate hearings, will be representing the games giant at a Competition Appeal Tribunal, the Financial Times reported. It comes after [...]
UK ‘can’t afford’ another decade of lost growth, CBI warn November 21, 2022 The UK “can’t afford a repeat” of its severe economic underperformance since the 2008 financial crisis, the chief of the country’s top business group will warn chancellor Jeremy Hunt today. Responding to last week’s autumn statement, Tony Danker, director general of the Confederation of British Industry (CBI), will slam the chancellor for failing to roll [...]
BT misses deadline to remove Huawei technology January 3, 2024 British telecoms giant BT has missed the deadline to remove Huawei technology from its core network, meaning it could soon face a fine.