Trump removes jobs data official after employment report August 2, 2025 President Donald Trump has removed the head of the agency that produces monthly jobs figures for the US after a report showed hiring slowed in July and was much weaker in May and June than previously reported. Trump, in a post on his social media platform, alleged that the figures were manipulated for political reasons [...]
Physician associates union takes government to court over planned role changes July 27, 2025 A union will take the Government to court over its decision to implement recommended changes to the roles of physician associates (PAs) within the NHS, the United Medical Associate Professionals (UMAPs) has said. It follows findings by a Government-ordered report that PAs have been used as substitutes for doctors despite having significantly less training. The [...]
One in eight high earners with no inheritance ‘trapped by financial outgoings’ July 27, 2025 One in eight (12 per cent) people with a salary over £100,000, but with no parental wealth to fall back on, feel “trapped” by their current financial commitments, a survey has found. More than two-fifths (44 per cent) do not feel that they are able to comfortably meet their financial commitments each month, according to [...]
Shell: FTSE 100 giant in line for profit hit after oil woes July 26, 2025 Shell is expected to report lower profits for recent months as the energy giant continues to battle oil price volatility and strives to return cash to its shareholders. The FTSE 100-listed company is predicted to report adjusted earnings of 3.74 billion US dollars (£2.78 billion) for the second quarter, when it publishes its latest figures [...]
Businesses to pay £1.1bn in new packaging fees to councils July 26, 2025 Councils in England are set to receive a share of £1.1 billion in recycling funding taken from money charged to companies for the packaging they produce. Under the current system, local councils have footed the bill for disposing of items such as milk bottles, cereal boxes and soup tins using taxpayers’ money. But the new [...]
IMF warns UK faces ‘significant challenges’ amid trade war July 25, 2025 The Chancellor could be left at risk of breaking her fiscal rules by unexpected economic shocks and faces “significant challenges” in delivering the government’s agenda, the International Monetary Fund (IMF) has warned. The IMF said the UK’s “limited” so-called headroom on its public finances gave little room to manoeuvre and called on Rachel Reeves to [...]
London Foundation for Banking & Finance appoints new trustees July 23, 2025 The London Foundation for Banking & Finance (LFBF) has appointed three new trustees, drawing from the top ranks of the finance, insurance, and private equity sectors. Stephen Mann, Quentin Nason and Steve Darrington were named as the newest members of the foundation’s board of trustees. Mann, a seasoned insurance executive and former CEO of the [...]
Retail profit warnings more than double as high street pressures mount July 21, 2025 Profit alerts among retailers more than doubled in the second quarter as consumers reined in their spending and firms faced soaring wage costs, according to a report. The latest report from EY-Parthenon also revealed that overall profit warnings among UK-listed firms jumped by a fifth year-on-year in the second quarter – with a record proportion [...]
London Waterloo: Disruption after major signalling failure July 21, 2025 A major signalling failure at London Waterloo has caused severe disruption, with trains unable to use 14 platforms at the station, according to a rail company. South Western Railway (SWR) asked customers not to travel on its services on Monday morning in a statement posted on social media. Passengers have been told that they will [...]
Labour revives Pensions Commission amid fears workers are saving too little July 21, 2025 Ministers are to resurrect the Pensions Commission amid fears that today’s workers face a greater risk of poverty in retirement than their parents. Experts have warned that people looking to retire in 2050 are on course to receive £800 per year less than current pensioners. The Department for Work and Pensions (DWP) said 45 per [...]
