In Ukraine, the Middle East is starting to take sides and it could tip the scales October 12, 2022 Historically, the Gulf states have maintained a delicate balance in international conflicts outside of the Middle East and North Africa. This is a formula they adhered to when the Russia-Ukraine conflict broke out in February; keen to remain neutral, Saudi Arabia and the UAE were determined to be passive observers. But that may be changing. [...]
An information campaign on energy usage would have made a lot of economic sense October 12, 2022 The prime minister’s apparent veto of a plan to persuade people to use less energy this winter has stirred up controversy. The usual rabble have been quick to decry Liz Truss for abdicating responsibility, following the old lines of those who wanted more or less restrictions during the pandemic. But economic theory can readily justify [...]
Renewable revenues capped in Government push to ease record bills October 12, 2022 Renewable projects will be blocked from cashing in on the energy crisis, after the Government confirmed new plans to ease record bills.
Stop ignoring those who bowed out of the economy and get them back into work October 12, 2022 Good news or bad news first? Well, the good news is unemployment is at its lowest since the 1970s. The bad news is that this isn’t because more people are in work – employment is still 300,000 lower than pre-pandemic. Rather, large numbers of people aged over 50 and those with long-term health conditions have [...]
Letters: Businesses, step up on wages October 12, 2022 [Re: UK unemployment falls to 50 year low amid jobs market exodus, yesterday] As real time pay continues to fail to keep up with the rising cost of living, employees are increasingly worried about their financial situation. Our research found that 69 per cent of employees are concerned about their ability to pay for essentials, such [...]
CMA and food safety regulators ‘struggling to recruit’ post-Brexit, says MPs October 12, 2022 British food safety and competition regulators are “struggling to recruit and retain the skills they need to regulate effectively” post-Brexit, according to a Westminster committee of MPs. A new report from the cross-party Public Accounts Committee (PAC) today said some regulators need more staff post-Brexit to handle new responsibilities, leading to labour shortages. This has [...]
Biden reconsidering US relationship with Saudi Arabia after oil cuts October 11, 2022 US President Joe Biden is rethinking the country’s relationship with Saudi Arabia after OPEC+ unveiled heavy cuts to oil production.
Elliott holds talks with Hargreaves over backing Matalan bid October 11, 2022 John Hargreaves' bid to wrest back control of Matalan could be given a valuable boost from the owner of Westminster.
Bailey: No extension to emergency bond-buying programme October 11, 2022 Bailey tells pension funds the Bank is "out" of the bond-buying market
Motorists feel the pain of higher petrol prices as OPEC bolsters oil markets October 11, 2022 Prices at the petrol pumps have started to rise again after a three-month decline, according to reports from AA.
