£62bn of spending cuts needed to balance books, IFS forecasts October 11, 2022 Liz Truss and Kwasi Kwarteng will need to slim the size of the state by £62bn to put the UK’s public finances on a stable footing, a top economic think tank said today. The prime minister and chancellor could be forced to reduce education and transport spending, which suffered deep cuts during the David Cameron [...]
Beneath the hysteria, there is a real opportunity for a growing British economy October 11, 2022 Britain could be at the brink of a massive turnaround, but you wouldn’t know it if you were to pick up most newspapers. As all corners decry a brewing crisis, there are also generational opportunities we’ve missed in the eye of the furore. The bulk of Liz Truss’ package is almost undebatable – capping energy [...]
Diabetes and sight loss in Nepal October 11, 2022 Professor Shahina Pardhan, Director of the Vision and Eye Research Institute at the Anglia Ruskin University writes about diabetes and sight loss in Nepal. Diabetic-related blindness is one of the leading causes of vision loss worldwide. It is largelypreventable with good diabetes control and regular retinal screening. People from Asian backgrounds including Nepali people have [...]
Letters: We need to talk about Elon October 11, 2022 [Re: Musk’s Twitter u-turn is the beginning rather than the end, October 5] So, after 6 months of throwing his toys out the pram, publicly criticising Twitter, and accusing the company of deliberately misleading their shareholders, Elon Musk has… bought Twitter. He appears unphased by public humiliation, and claims the acquisition will be an “accelerant” [...]
Glencore hit with investor lawsuit after bribery conviction October 10, 2022 Glencore is facing a class-action-style lawsuit in London's High Court, following its conviction for bribery earlier this year.
US watchdog calls for better crypto market oversight as EU votes on MiCA regulation October 10, 2022 CryptoCompare's Francisco Memoria takes a look over the last seven days of cryptocurrency markets to see what narratives are driving prices.
Ministers chase mega-deal for gas from Norway amid supply scramble October 10, 2022 Ministers are still chasing a gas deal with Norwegian energy giant Equinor as the UK races to stave off blackouts this winter.
Sturgeon wants to inspire? Her campaign is based on finger-pointing, not potential October 10, 2022 Nicola Sturgeon, yesterday, at SNP conference: “Let us inspire with hope in our hearts.” It would take a heart of stone not to laugh. This is, after all, the same Sturgeon who spent much of her speech bemoaning Westminster, the Labour party, and “aggressive unionism” for holding Scotland back – which sounds to us a [...]
Green hydrogen fund raises €2bn powered by renewables transition October 10, 2022 A fund targeting green hydrogen has raised €2bn to invest in projects as it looks to harness the West's transition to zero-carbon energy.
London’s FTSE 100 dragged down by industrial giants as pound weakens against US dollar October 10, 2022 London’s FTSE 100 dipped today driven lower by investors ditching industrial giants on concerns over a slowdown in commodity demand amid a global economic slowdown. The capital’s premier index dropped 0.45 per cent to close below the 7,000 mark, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the [...]