A ‘be British’ mandate won’t make up for seasonal workers picking our fruit July 11, 2023 Bringing back "pick for Britain" won't solve the problems of seasonal workers who come to the UK and find a substandard job market ripe for exploitation, writes Elena Siniscalco
The combined power of AI and WhatsApp could wreak havoc for the next election July 11, 2023 The speed of AI generation of deepfakes, combined with WhatsApp’s power for dissemination, could set up for a new battleground at the next election, writes Giles Kenningham
Cynical investors trading off of the ESG wave have burst a sustainable finance bubble July 11, 2023 The government must prove it is serious about ESG and sustainable investing, so companies and investors know they are safe to follow through, writes James Alexander
Pension giants back plans for £75bn private investment bonanza July 10, 2023 The country’s top pension and insurance giants have today thrown their weight behind a package of government reform that will aim to unleash a £75bn wave of capital into Britain’s private companies.
Thames Water hangs on, but its future, and the health of our waterways, remains unclear July 10, 2023 Thames Water’s reprieve this morning may have refreshed the company’s coffers, but the firm remains parched of funding for its future ambitions.
FTSE 100 close: London index muted as interest rate fears linger July 10, 2023 London’s FTSE 100 kicked off a new week just about in the green today as a reduction in UK debt costs gave the index a reprieve from a torrid time of late. The capital’s premier index edged 0.23 per cent higher to close at 7,273.80 points, while the domestically-focused mid-cap FTSE 250, which tends to [...]
Grounded: Council blocks plan for London City Airport passenger and hours expansion July 10, 2023 Newham Council has voted unanimously to reject London City Airport’s plans to expand its passenger capacity from 5m to 9m and lengthen flying hours. Following an extended meeting this afternoon, councillors on Newham’s Strategic Development Committee voted to block the airport’s bid due to concerns over noise pollution. London City said it was “disappointed with [...]
Bank of England won’t hesitate to hike rates if inflation persists, warns Andrew Bailey July 10, 2023 The Bank of England will have to keep on lifting interest rates if wages keep rising at a near record pace and businesses continue to pass on swelling costs, Governor Andrew Bailey has signalled today. In a speech delivered at the annual Mansion House bankers’ dinner, Bailey said price pressures emanating from the labour market [...]
Gatwick’s £2.2bn second runway would boost important long-haul flying, says airport chief July 10, 2023 Gatwick’s £2.2bn expansion plans represent an “opportunity for us to encourage more long-haul flying,” its chief executive has said, as the West Sussex airport looks to muscle in on Heathrow’s dominance in the long-haul market. “Certainly this will be an opportunity for us to encourage more long haul flying to and from Gatwick and to [...]
Unite votes not to break historic link with Labour July 10, 2023 Unite has voted to maintain its historic links with Labour – as its chief warned party leader Sir Keir Starmer to listen to the union’s demands amid a rift between the two organisations.Unite votes not to break historic link with Labour General secretary Sharon Graham told a debate at Unite’s rules conference in Brighton on Monday it is not the time for [...]