Melrose sees potential £200m hit from aircraft engine problems September 12, 2023 Melrose Industries has said it could take a hit of around £200m from problems with an aeroplane engine which is likely to ground hundreds of planes.
Pensions: Cost of triple lock to soar by further £2bn as wage growth ticks up September 12, 2023 The 'triple lock' means today's average wage growth figure of 8.5 per cent will be applied to pensions - costing a further £2bn
Google vs the US Government: Tech giant in biggest antitrust trial in decades September 12, 2023 Google will confront a threat to its dominant search engine beginning on Tuesday when federal regulators launch an attempt to dismantle its internet empire in the biggest US antitrust trial in a quarter century. Over the next 10 weeks, federal lawyers and state attorneys general will try to prove Google rigged the market in its [...]
Wilko shuts first stores today as administration unfolds September 12, 2023 Wilko will shut its first group of shops on Tuesday as the dramatic collapse of the high street chain takes shape. The historic retailer will shut 24 stores across the UK in the first phase of closures, with hundreds of workers at the shops set for redundancy. It comes a day after administrators confirmed all [...]
China: Economists slash growth forecasts as fears grow for global economy September 12, 2023 China’s economy will grow less than previously thought this year and next as a struggling property market dogs what was once the world’s growth engine, according to a Reuters poll of economists who said the risks were skewed to further downgrades. The world’s second-largest economy has been struggling after a brief post-COVID recovery, dragged by [...]
Westminster’s alleged spy for China says he is ‘completely innocent’ September 11, 2023 The parliamentary researcher arrested on suspicion of being a spy for China has insisted he is “completely innocent”. The man said he had spent his career highlighting the “challenge and threats presented by the Chinese Communist Party”. The arrest under the Official Secrets Act led to the Prime Minister confronting Chinese premier Li Qiang at [...]
Don’t have Silver? Pret sells almost 1m sandwiches at Heathrow in August September 11, 2023 Heathrow Airport saw a series of records fall in August as the British summer getaway took off.
Sunak slams China’s ‘unacceptable’ interference after suspected spy arrested September 10, 2023 Rishi Sunak has confronted China’s premier over his country’s “unacceptable” interference in British democracy after the arrest of a parliamentary researcher on suspicion of spying for Beijing.
UK reported to UN workers’ rights watchdog over minimum service level strike law September 10, 2023 The TUC is reporting the government to the United Nations workers’ rights watchdog over the controversial new law on strikes, it has been announced.
Sunak hits out at Chinese interference after parliament ‘spy’ arrested September 10, 2023 Rishi Sunak said he raised concerns over reports of a Chinese spy in parliament
