Kwarteng tells City bosses that ‘we are committed to fiscal discipline’ September 27, 2022 Kwasi Kwarteng has told a group of City bosses today that the government is committed to “fiscal discipline” as the chancellor tries to calm markets and reassure the Square Mile. Kwarteng told them that “we are confident in our long-term strategy to drive economic growth through tax cuts and supply side reform”, and that he [...]
GWR engineers join rail workers and strike on 1 October September 27, 2022 Around 350 engineers will join colleagues working at Great Western Railways (GWR) as well as across the network and strike on 1 October over salaries. The union Unite said that, despite a current inflation rate of 9.9 per cent, GWR engineers were not offered a pay increase. Disruption will affect the operator’s depots and stations [...]
Web3 champion Opera to give browser users access to Elrond September 27, 2022 Web3 browser Opera says it plans to give users of its platforms access to the Elrond blockchain through an integrated wallet.
Unlock pension cash or start-ups will continue to flee, says Phoenix chief September 27, 2022 Pension cash must be freed up to flow into high-growth British firms or more homegrown startups will be driven overseas, the chair of pensions giant Phoenix warned today.
5m Brits have more than one job while double that number is looking for a side hustle September 27, 2022 More than 5m Brits are turning to a second or even third job to beat the cost of living crisis, while another 10m are considering it, according to new data out today from insurer Royal London. In fact, a separate study commissioned by GoDaddy shows that nearly one in three of firms that have under 10 employees are secondary [...]
The benefits of CBDCs, and designing a system that delivers them September 27, 2022 by Martin Hargreaves, Chief Product Officer at Quant, examines how CBDCs offer significant benefits over traditional payment mechanisms.
John Witherow steps down as editor of The Times after almost a decade September 27, 2022 John Witherow is stepping down as editor of The Times with immediate effect after nearly a decade in the role.
Serica’s profits surge 8,840 per cent amid soaring oil and gas prices September 27, 2022 Soaring oil and gas prices and booming production has powered Serica Energy to an 88-fold surge in profits year-on-year.
Exclusive: Yu Energy warns six-month business support will not be enough September 27, 2022 Market volatility will endure beyond this winter and businesses could face ultra-high energy bills well into next year, warned the boss of challenger supplier Yu Energy.
Virgin Atlantic boss calls on Govt to make ‘difficult decisions’ and bring pound up September 27, 2022 Virgin Atlantic’s boss Shai Weiss has called on Prime Minister Liz Truss to make “difficult decisions” and bring the pound’s value up. “The message to the government is pretty clear in my mind,” he told journalists on Tuesday morning. “Prime Minister Liz Truss has taken difficult decisions upon entering the role. “Maybe you need to [...]
