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      UK workers suffer bigger tax hikes than any leading economy after Reeves’ raid

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Business

  • Meta accused of breaching workers rights over union rep cleaner’s dismissal

    September 1, 2022

    Meta has been accused by Amnesty International of breaching workers’ rights over claims a Bolivian cleaner working at its London offices was fired for being a union rep. The Facebook owner is set to face a protest outside its Brock Street offices on Friday ahead of the start of an unfair dismissal tribunal on Wednesday [...]

  • Liz Truss or Rishi Sunak to face Whitehall strike on first day as prime minister

    September 1, 2022

    The next prime minister will be forced to face strike action in Whitehall on their first day in office, the public sector workers’ union has warned. Either Liz Truss or Rishi Sunak will face industrial action on the part of Whitehall workers, after members of the Public and Commercial Services (PCS) union voted strike. The [...]

  • Manufacturers urge government to table support package in face of ‘stormy waters’

    September 1, 2022

    The government has been urged to table a support package for the British manufacturers. Industry body Make UK has warned that rising gas and oil prices and overall inflation will “shatter” expectations of a sustaining a pandemic recovery. “We are clearly heading for very stormy waters in the face of eyewatering increases in energy costs [...]

  • Ovo Energy proposes ‘progressive’ support package to ease record bills

    September 1, 2022

    The boss of Ovo Energy has called for a "progressive" support package to ease household energy bills, similar in design to the country's income tax system.

  • Johnson commits funding to Sizewell C nuclear plant to ‘get on’ with project

    September 1, 2022

    Press Association Boris Johnson promised £700 million of funding for the Sizewell C nuclear power project as part of a drive to improve the UK’s energy security. The Prime Minister said the spike in gas prices driven by Vladimir Putin’s invasion of Ukraine showed why new nuclear generation capacity was needed in the UK. The [...]

  • BT and Warner complete sports streaming mega-deal

    September 1, 2022

    Warner Bros Discovery and BT completed its ambitious 50:50 tie-up this morning, marking a major moment for live sports coverage in the UK. The deal brings together BT Sport and Eurosport UK under roof, which the companies say will eventually merge to make one single brand. BT Sport and Eurosport UK said they will retain [...]

  • Rio Tinto strikes £2.86bn deal to snap up remaining Turquoise Hill stake

    September 1, 2022

    Rio Tinto has struck a $3.3bn deal to buy the rest of Canadian firm Turquoise Hill today in a move that will see it take direct ownership of a major copper mine in Mongolia. 

  • Twitter begins testing edit button for premium users

    September 1, 2022

    Twitter are now testing the edit button for tweets, allowing users to edit out typos and mistakes for the first time. It is understood that this new pilot scheme will only apply to Twitter Blue subscribers. The company confirmed the news on its official account this afternoon writing: “if you see an edited Tweet it’s [...]

  • Top Cineworld shareholder dumps stake as firm faces bankruptcy

    September 1, 2022

    A major shareholder in Cineworld has shed almost the entirety of his stake in the past two days as the beleaguered cinema chain teeters on the edge of bankruptcy.

  • Exclusive: Green groups call for red-tape cuts to ramp up onshore wind

    September 1, 2022

    Environmental groups and green think tanks have urged the Government to cut red-tape blocking onshore wind projects.

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