Labour pledges ‘fiscal lock’ to protect UK economy, says Rachel Reeves October 9, 2023 A Labour government would deliver a “new fiscal lock” to legally guarantee significant tax and spending changes must be reviewed by economic experts, Rachel Reeves has vowed. The shadow chancellor said a government led by Sir Keir Starmer would “put forward a new charter for budget responsibility” in the wake of the chaos wrought by [...]
AA profits tumble to £23m despite soaring cost of motor cover October 9, 2023 The AA saw profits halve this morning amid a drop in trading in its breakdown segment, but soaring motor insurance prices helped it weather the storm.
Jos Buttler raises integrity concerns ahead of England Cricket World Cup match October 9, 2023 England captain Jos Buttler has voiced his fears that a “poor” pitch at Dharamshala could damage the integrity of the Cricket World Cup. The holders are due to play their second match of the tournament against Bangladesh at the striking HPCA Stadium in the shadow of the Himalayas on Tuesday. Governing body the International Cricket [...]
John Lewis faces fresh defiance from Ealing residents over build-to-rent tower October 9, 2023 The John Lewis Partnership is facing further resistance from Ealing residents over the retailer‘s attempt to erect a build-to-rent tower of 428 homes over a Waitrose supermarket in the west London borough. A campaign group, Stop the Towers, has made fresh calls to the council urging it to listen to residents’ concerns and reject the [...]
Starmer insists Labour is ‘ready for May’ election – but refuses to predict outcome October 9, 2023 Labour is “ready” to fight a May general election, Sir Keir Starmer has said, as he warned he fears the Conservatives will “go low” in a bid to hold onto power. The Labour leader said his party was “ready for May” but warned against predicting the outcome of the fight to enter government. It comes [...]
Copper bosses warn of mine shortage in race to meet net zero demand October 9, 2023 The transition to low carbon energy could be jeopardised by the lack of new copper mines to keep pace with growing demand.
Taskforce unveils UK ‘gold standard’ guidelines for firms to share green plans October 9, 2023 A Treasury taskforce has revealed its “gold standard” guidelines for companies to report their plans to tackle climate change.
GSK sells £2.5bn worth of shingles vaccine to China’s Zhifei October 9, 2023 GlaxoSmithKline is to sell £2.5bn worth of shingles vaccine Shingrix to China’s largest vaccine supplier Zhifei with a goal to double its global sales for the British pharma giant by 2026. The partnership, which was announced today, will give Zhifei the rights to import and distribute the vaccine across 30,000 vaccination points, starting in January. [...]
City watchdog issued nearly 150 alerts on crypto ads in 24 hours after new regulations October 9, 2023 The City watchdog issued nearly 150 alerts on the first day of its new crypto marketing regime as unauthorised crypto firms felt the heat from the new regulations.
Woodford investors take step closer to £230m payout after administrator’s takeover October 9, 2023 Burnt investors in Neil Woodford’s collapsed fund are a step closer to a £230m payout today after the management firm behind the failed vehicle was formally taken over.