Analysis: UK economy shrinks for second month in a row
5 DAYS AGO - Britain's economy unexpectedly shrank in October, according to the latest official data.
British businesses criticise Labour tax rises
27/11/2024 - The head of the CBI says the Chancellor's tax rises caught companies off guard, and they can no Expand
27/11/2024 - The head of the CBI says the Chancellor's tax rises caught companies off guard, and they can no longer afford to invest or hire new people. Collapse
Unexpected inflation rises driven by increase in household bills
20/11/2024 - The rate of inflation has gone up by more than expected - thanks to the recent increase in gas and Expand
20/11/2024 - The rate of inflation has gone up by more than expected - thanks to the recent increase in gas and electricity bills. Collapse
COP29: Political will, not shortage of cash, is the problem
11/11/2024 - COP29: Around $2.4 trillion annually are required, and on the face of it, those figures look Expand
11/11/2024 - COP29: Around $2.4 trillion annually are required, and on the face of it, those figures look screamingly, painfully, impossible. In fact, though, we are already awash with money. Collapse
What Trump’s win means for Bitcoin, tariffs and global finance
06/11/2024 - From deregulation to soaring trade tariffs - what impact is Trump's win likely to have on global Expand
06/11/2024 - From deregulation to soaring trade tariffs - what impact is Trump's win likely to have on global financial stability Collapse
Chancellor Rachel Reeves confirms government will change fiscal rules
24/10/2024 - Rachel Reeves: I’ll be setting out two fiscal rules at the budget next week. The first is Expand
24/10/2024 - Rachel Reeves: I’ll be setting out two fiscal rules at the budget next week. The first is the stability rule to pay for the spending through tax receipts. That was something that the previous government weren’t even trying to do, let alone able to meet. That’s really important because that’s about the sustainability of the public… Collapse
Inflation falls to its lowest level in three and a half years – what is the impact?
16/10/2024 - The UK has been struggling through the worst cost of living crisis in 4 decades, so many people Expand
16/10/2024 - The UK has been struggling through the worst cost of living crisis in 4 decades, so many people will be hoping that today’s figure is the strongest evidence so far that the big squeeze is finally over. Collapse
Nearly 2,000 jobs to be lost as Port Talbot braces for closure of blast furnace
27/09/2024 - It's the end of an era in Port Talbot, South Wales. From Monday, the last blast furnace will shut Expand
27/09/2024 - It's the end of an era in Port Talbot, South Wales. From Monday, the last blast furnace will shut down at one of the biggest steelworks in the world, leaving it unable to make its own steel. Collapse
Stagnation and decline if government doesn’t boost investment, warn leading economists
16/09/2024 - Rachel Reeves has been warned that she needs to “substantially increase” government investment to Expand
16/09/2024 - Rachel Reeves has been warned that she needs to “substantially increase” government investment to avoid “a vicious circle of stagnation and decline”. Collapse
|
Chancellor’s spending crackdown explained
10/12/2024 - Here in the UK, the Chancellor Rachel Reeves has promised a crackdown on 'waste' within government Expand
10/12/2024 - Here in the UK, the Chancellor Rachel Reeves has promised a crackdown on 'waste' within government departments - insisting they find savings of five percent in the next four years. Collapse
How Labour plan to get long-term sick population back to work
21/11/2024 - The Government will soon set out its strategy to bring down the soaring number of people who are Expand
21/11/2024 - The Government will soon set out its strategy to bring down the soaring number of people who are too sick to work.
One thing we know it will do is stick with the last Conservative government’s plan to cut spending on sickness benefits by £1.3bn a year, confirmed in last month’s Budget. Collapse
COP29: Politicians play catch-up as business chases profit from green transition
14/11/2024 - It feels, indeed, like a twin track process, with the world of politicians and diplomats trying to Expand
14/11/2024 - It feels, indeed, like a twin track process, with the world of politicians and diplomats trying to play catch-up in a world where global capitalism senses that money, jobs, profit and The Future lie in the world of green transition. Collapse
Interest rates slashed for second time this year
08/11/2024 - The Bank of England has cut interest rates again to 4.75% - although it came with a warning, that Expand
08/11/2024 - The Bank of England has cut interest rates again to 4.75% - although it came with a warning, that Rachel Reeves' budget would add more inflationary pressure to the economy. Collapse
Private tenants in England spend over a third of income on rent
29/10/2024 - Latest figures show that rents have been above affordable levels in every one of the last nine Expand
29/10/2024 - Latest figures show that rents have been above affordable levels in every one of the last nine years. Collapse
Government borrowing surges above forecasts – ahead of Budget
22/10/2024 - With barely more than a week to go to the Budget, speculation is reaching fever pitch about what Expand
22/10/2024 - With barely more than a week to go to the Budget, speculation is reaching fever pitch about what taxes the Chancellor may be planning to increase. Collapse
Carbon credits pioneer charged with fraud after Channel 4 News probe
04/10/2024 - A carbon offset pioneer who sold hundreds of millions of dollars in carbon credits has been Expand
04/10/2024 - A carbon offset pioneer who sold hundreds of millions of dollars in carbon credits has been charged with fraud by US authorities following an investigation by Channel 4 News. Collapse
Port Talbot braces for closure of historic blast furnace
27/09/2024 - The long goodbye to blast furnace no. 4 is nearly over, as Port Talbot stands on the precipice of Expand
27/09/2024 - The long goodbye to blast furnace no. 4 is nearly over, as Port Talbot stands on the precipice of becoming a ‘steel town’ stripped of its ability to make its own 'virgin' steel. It is a huge moment. Collapse
EU court orders Apple to pay back billions
10/09/2024 - The EU’s highest court has ordered Apple to pay back €13 billion to Ireland in one of the world’s Expand
10/09/2024 - The EU’s highest court has ordered Apple to pay back €13 billion to Ireland in one of the world’s biggest ever corporate tax rulings. It’s an expensive knock in the teeth for the technology giant, at a time when competitors are nipping at its heels. And it raises questions once again about Ireland’s low-tax business economy. Collapse
|
Budget was ‘really tough on business’, says CBI chief
27/11/2024 - We spoke to Rain Newton-Smith, the chief executive of the Confederation of British Industry.
Bitcoin soaring close to $100,000 valuation
21/11/2024 - The world's largest cryptocurrency is soaring towards an extraordinary milestone, with one Bitcoin Expand
21/11/2024 - The world's largest cryptocurrency is soaring towards an extraordinary milestone, with one Bitcoin worth almost $100,000. Collapse
UK Banks still lending to oil and gas giant BP – despite climate pledges
14/11/2024 - A joint investigation from Channel 4 News and the Bureau of Investigative Journalism has found Expand
14/11/2024 - A joint investigation from Channel 4 News and the Bureau of Investigative Journalism has found that the UK bank NatWest is continuing to lend to the oil and gas company BP. Collapse
Bitcoin reaches record high after Trump election victory
07/11/2024 - Donald Trump's victory made the Dollar, Wall Street and the crypto markets - along with his Expand
07/11/2024 - Donald Trump's victory made the Dollar, Wall Street and the crypto markets - along with his crypto-bro backers - yelp with joy, sending Bitcoin to a record high. Collapse
IMF meetings: How could the US elections impact the global economy?
27/10/2024 - Just a few blocks from the White House - some of the leading names in global finance have been Expand
27/10/2024 - Just a few blocks from the White House - some of the leading names in global finance have been gathering at the International Monetary Fund's Annual Meetings. Collapse
Will there be tax hikes as Chancellor faces £40bn funding gap?
17/10/2024 - Attention is increasingly focusing on what will be in the Chancellor's budget in less than two Expand
17/10/2024 - Attention is increasingly focusing on what will be in the Chancellor's budget in less than two weeks time. And the mood music is negative. Collapse
Heavy job losses as furnace at UK’s largest steelworks shuts down
01/10/2024 - It's the end of an era for two major industries in the UK today. The country's last coal-fired Expand
01/10/2024 - It's the end of an era for two major industries in the UK today. The country's last coal-fired power station will shut down tonight, at Ratcliffe-on-Soar. Collapse
Anti-pylon battle lines forming as government demands green energy revolution
20/09/2024 - That means pylons - across Norfolk, Suffolk and Essex. And the battle lines are forming. To bury Expand
20/09/2024 - That means pylons - across Norfolk, Suffolk and Essex. And the battle lines are forming. To bury or not to bury, that is the question. Nobody wants to look out on pylons. Collapse
|
