Wall Street climbs and Dow rises more than 300 points as stocks worldwide rally September 15, 2023 Wall Street rose on Thursday after a blizzard of reports suggested the US economy is still humming, though inflation may be too. The S&P 500 climbed 0.8 per cent for its best day in two weeks. The Dow Jones Industrial Average rallied 331 points, or 1 per cent , and the Nasdaq composite added 0.8 [...]
Wimbledon MP Stephen Hammond joins exodus of Tory MPs quitting at next election September 15, 2023 Stephen Hammond has become the latest MP to confirm they will call it quits at the next election. The Wimbledon MP and former minister will join a Conservative exodus, with more than 40 announcing that they will not defend their seat in an election that is likely to take place next year. In a letter [...]
Gatwick Airport: 42 cancellations as thousands disrupted by air traffic control shortages September 15, 2023 Thousands of airline passengers have been impacted by cancelled, delayed or diverted flights due to a lack of air traffic control staff (ATC) at Gatwick airport. The airport confirmed a short notice staff absence in its ATC tower, managed by National Air Traffic Services (Nats), which meant 42 flights were cancelled or diverted while dozens [...]
Port Talbot: 3,000 of jobs at risk as Tata steelworks bids to make ‘greener’ steel September 15, 2023 There are concerns that thousands of job losses are set to be announced at Britain’s biggest steelworks under plans to produce “greener” steel. Tata, the Indian conglomerate that owns the Port Talbot steelworks in south Wales, has been in talks with the Government for months over state aid worth hundreds of millions of pounds to [...]
Arm shares soar on debut with hopes rising float could kick off IPO revival September 15, 2023 The Cambridge chipmaker's IPO has bankers hoping the moribund float market may finally be opening up again
Supermarkets hike prices to make loyalty card customers feel like they are getting a discount, new study claims September 15, 2023 Supermarkets such as Tesco and Sainsbury’s could be hiking their ‘regular’ prices to make loyalty scheme customers feel they are getting a discount, according to a new report by Which. The consumer choice group analysed 141 Clubcard and Nectar card prices at Tesco and Sainsbury’s and tracked their pricing history back six months. According to [...]
UK risks losing ‘competitive advantage’ in race to develop self-driving cars September 15, 2023 The UK risks losing its “competitive advantage” in the development of self-driving vehicles if the government fails to pass legislation urgently, MPs and industry groups have warned. A report from the Transport Committee argues that self-driving has been a “Great British success story” but that if appropriate legislation is not included in the upcoming King’s [...]
Susan Hall could win London, if the Tories decide to back their own candidate September 15, 2023 Sadiq Khan success at the next election for London mayor has been seen as a done deal, but Susan Hall stands a chance if the Conservatives lend her their support, writes Cameron Smith
Failure to scrap nutrient neutrality rules a ‘national disgrace’, say housebuilders September 14, 2023 The government’s failure to scrap rules on so-called nutrient neutrality which have limited the construction of new homes are a “national disgrace”, a housebuilding body has said.
US and Japanese diplomats in the spotlight as envoys in London owe £150m in congestion charges September 14, 2023 Foreign diplomats in London owe nearly £150m in congestion charge debt, ministers have said. It comes as new figures given to MPs showed that 15 serious and significant offences, including sexual assault and drunk-driving, were allegedly committed by diplomats or those entitled to diplomatic immunity between 2019 to 2022. The new details came in two written ministerial statements published [...]