Richard Sharp speaks out after resignation: BBC chair is a ‘target’ July 8, 2023 Former chair Richard Sharp has said that the BBC chairman position is a “target” and whoever holds it is “vulnerable.”
Hunt downplays tax cuts odds, conceding calming inflation is tougher than feared July 8, 2023 Tax cuts was growing less likely as Chancellor Jeremy Hunt signalled the pledge to halve inflation was proving harder than expected.
Oil prices up three per cent to nine-week high on supply concerns July 8, 2023 Oil prices climbed about three per cent to a nine-week high on Friday as supply concerns and technical buying outweighed fears that further interest rate hikes could slow economic growth and reduce demand for oil. Brent futures rose $1.95, or 2.6 per cent, to settle at $78.47 a barrel, while U.S. West Texas Intermediate crude [...]
Boulter carries British hopes at Wimbledon after Norrie, Murray and Broady lose July 8, 2023 Britain’s hopes at Wimbledon rest with Katie Boulter after a trio of British men’s players crashed out within around 90 minutes on day five.
Cabinet Office MUST hand over Boris Johnson messages by Monday after court loss July 6, 2023 The Cabinet Office will have to hand over Boris Johnson’s unredacted WhatsApp messages, notebooks and diaries by Monday afternoon after it lost a High Court challenge against the chairwoman of the UK Covid-19 Inquiry. The department brought legal action over Baroness Heather Hallett’s order to release the documents, arguing it should not have to hand [...]
Coffey: Government has full confidence in water industry’s financial resilience July 6, 2023 Therese Coffey says she has “full confidence in the financial resilience” of the water industry, amid warnings Thames Water’s struggles are “not an isolated case”.
We are not rip-off retailers, says Sainsbury’s July 6, 2023 Bosses at Sainsbury’s have said they are “not rip-off retailer” or “profiteers” as they defended the profit made by the retailer amid scrutiny related to food inflation over the past year. The company also defended increased pay packages for its senior executives at its annual general meeting in London, despite the continued cost-of-living crisis. It [...]
‘Blatant profiteering’: Bank chiefs hauled in front of FCA to discuss failure to pass on interest rates to savers July 6, 2023 Bank chiefs are meeting Financial Conduct Authority (FCA) officials on Thursday to discuss concerns surrounding interest rates for savers lagging behind the cost of mortgages. Bosses from HSBC, Natwest, Lloyds and Barclays are expected to attend. According to data from Moneyfactscompare.co.uk, the average easy access savings rate on offer on Thursday is 2.49 per cent. [...]
Starmer speech interrupted by climate activists calling for ‘green new deal’ July 6, 2023 Sir Keir Starmer’s speech on education reform was interrupted by protesters calling for a “green new deal.”
Shell boss warns cutting oil and gas production would be ‘dangerous’ July 6, 2023 The boss of Shell has warned that slashing oil and gas production now would be “dangerous and irresponsible."