Rail strikes to halt commutes again as RMT union boss warns of more to come June 23, 2022 Rail strikes are set to hit London and the rest of the country again today, as union members picket outside an unusually quiet Euston Station. While Tube services are running, delays are expected to hang over from yesterday’s bout of industrial action. RMT union general secretary Mick Lynch, who joined picketers for the second of [...]
Zahawi: Education union strike threat after rail chaos would be ‘unforgivable and unfair’ for students June 23, 2022 The education secretary has accused education trade unions of “failing” children by threatening strikes. Nadhim Zahawi branded threats to walk out of the classroom by the National Education Union “irresponsible” in a piece for the Telegraph this morning. This comes after industrial action from rail workers brought the country to a standstill on Tuesday, with [...]
Businesses raise concerns over the cost of net zero amid energy crisis June 23, 2022 Nine in ten businesses are concerned about costs of funding the transition to net zero amid a spike in energy prices according to research from Npower.
On Brexit’s sixth birthday, the DUP has come back to haunt Boris Johnson June 23, 2022 The problem with inchoate rejections of globalism is that they don’t have a Facebook profile to remind you when they were born. It’s easy to forget but today is six years since Britain voted to leave the European Union. It’s Brexit’s birthday: I’ve got the candles, let’s hope the cake isn’t held up in customs. [...]
A summer of discontent is the unions’ fight for power in the modern workforce June 23, 2022 This week, London was awash with bikes and e-scooters as the biggest rail strikes in thirty years kicked off on Tuesday. Other unions were watching closely as they plan for their own industrial action. Some are calling it the summer of discontent, as a waterfall of job losses and long hours stir up a storm [...]
Brits put off buying EV due to record inflation June 23, 2022 Brits are becoming increasingly put off buying electric vehicles (EV) due to rocketing inflation rates. According to a research published today by Close Brothers Motor Finance (CBMF), 41 per cent of Britons have decided against going electric as a result of the cost-of-living crisis. Figures reported that 84 per cent of people are taking at [...]
MPs launch finance watchdog unit to prevent ‘systemic risks’ from post-Brexit rule changes June 23, 2022 A cross-party group of MPs will this week launch a task force to scrutinise proposed changes to the UK’s financial service regulatory regime after Brexit. The treasury committee’s new financial services regulations subsidiary unit will spearhead interrogating tabled amendments to rules governing the City’s banks, brokers and insurers. Its work will be supported by the [...]
As the Tories fight on both political flanks, they need to ditch policy-by-stereotype June 23, 2022 TODAY’s by-elections risks exposing the government on both political flanks. A loss in Wakefield, in West Yorkshire, would dent their working class 2019 gains, and a defeat in Tiverton & Honiton, in rural Devon, would strike deep into their southern heartlands. Losses on both these fronts in the next general election could be the recipe [...]
Barclays calls on retailers to help stop mounting BNPL debt crisis June 23, 2022 Barclays has sounded the alarm over rising buy-now pay-later debt today and called on retailers to step up and protect shoppers, warning that 876,000 Brits could be plunged into unmanageable debt this year without intervention.
Letters: Regulate Now or Pay Later June 23, 2022 [Re: BNPL set to hit $607bn by 2026 despite regulatory scrutiny, analysts predict, yesterday] Against a tumultuous economic backdrop, the need for robust and proportionate regulation of BNPL is arguably more urgent today than it was when the Woolard Review was published at the start of 2021. The Treasury’s response is therefore overdue, but welcome. [...]
