Keir Starmer’s brand of blue collar progressivism is coming into focus November 24, 2022 It’s been a good 12 months for Labour. Sir Keir Starmer’s party began 2022 with a small polling lead over the Tories and will finish it looking like a government-in-waiting, thanks largely to the risible collapse of two Prime Ministers and economically crippling stagflation. Pressure will now come onto the opposition leader to give away more [...]
FTSE 100 hoisted by investors pouring into retailers ahead of Black Friday November 24, 2022 London’s FTSE 100 was bumped higher today by investors heading into retailers ahead of Black Friday today. The capital’s premier index inched 0.02 per cent higher to close at 7,466.60 points, while the domestically-focused mid-cap FTSE 250 index, which is more responsive to the health of the UK economy, jumped 0.2 per cent to 19,540.34 [...]
Consumer protection groups: Social media needs to do more to block Black Friday fakes November 24, 2022 Consumer protection groups have called on social media to do more to block fake Black Friday deals as hundreds of counterfeit items are removed from Instagram. Facebook’s owner Meta and the Trading Standards said it had removed hundreds of items from the app in the run up to tomorrow’s sale. Items included potentially dangerous chargers [...]
Foxconn apologises for pay issue after iPhone factory protests November 24, 2022 Apple’s iPhone partner Foxconn has apologised for a pay-related “technical error” when hiring new staff at the Covid battered Zhengzhou plant. Protests erupted this week across the world’s biggest iPhone factory, with videos circulating on social media of workers taking action against strict lockdown measures and pay issues. Foxconn said in a statement this morning: “Our [...]
Hunt rejects OBR forecasts of Brexit hit to UK economy November 24, 2022 Forecasts of the economic hit caused by Brexit from the UK’s budgetary watchdog are wrong, according to chancellor Jeremy Hunt. Hunt today said he doesn’t “accept” predictions by the Office for Budget Responsibility (OBR) that the UK’s economy will be 4 per cent smaller in the medium-term due to Brexit. Hunt told Sky News that [...]
Bank of England could cut rates to offset deep recession, deputy governor hints November 24, 2022 The Bank of England may have to cut interest rates if the UK economy slumps into a long, tough recession, a senior official at the monetary authority predicted today. Sir Dave Ramsden, a deputy governor at the Bank, told the Bank of England Watchers’ conference today that if households and businesses are under greater financial [...]
EU fails to agree price level for Russian oil cap as splits emerge in bloc November 24, 2022 The EU is split over the price of a Russian oil cap as the West seeks to slash the Kremlin's war revenues and tame the cost of living crisis.
UK bans Chinese surveillance equipment in ‘sensitive’ Whitehall buildings November 24, 2022 Government departments must stop installing surveillance cameras made by Chinese companies in “sensitive” sites, it was announced today. Cabinet Office minister Oliver Dowden told MPs that a review by the Government Security Group found “additional controls are required” due to “the threat to the UK and the increasing capability and connectivity” of surveillance systems. The [...]
Twitter’s Brussels office exodus raises alarm bells for online safety November 24, 2022 Twitter has reportedly disbanded its entire Brussels office, as Elon Musk continues his rampage of headcount. According to initial reports from the Financial Times, Julia Mozer and Dario La Nasa, who were in charge of Twitter’s digital policy in Europe, left the company last week. The pair were reportedly instrumental to the social media company’s [...]
Farmers without solar panels could lose out on £1bn as Government weighs up clampdown November 24, 2022 Farmers without solar panels could be missing out on up to £1bn over the next two years, according to new analysis from ECIU.
