Inflation fall puts a gloss on £14bn-worth of public borrowing in September October 20, 2023 UK public sector borrowing fell in September compared to last year, aided by healthier tax receipts, according to the latest government figures.
UK economy: Retail sales crash as cost of living crunch continues to bite October 20, 2023 In an ominous sign for the UK economy, retail spending fell in September with analysts warning of a tough Christmas ahead
More travel chaos coming after rail workers vote to keep striking for next six months October 20, 2023 Rail workers have voted to continue taking strike action for the next six months in their long-running dispute over pay, jobs and conditions. The Rail, Maritime and Transport union (RMT) said around 20,000 of its members were balloted across 14 rail companies with all of them individually achieving more than a 50% turnout and overwhelming [...]
“A political earthquake”: Labour shatter by-election records in Tory wipeout October 20, 2023 Labour won two by-elections with considerable swings away from the Conservatives, reflecting national polling
Biden: Funding Israel victory is a “smart investment” as IDF preps Gaza offensive October 20, 2023 U.S. President Joe Biden asked Americans to spend billions more dollars to help Israel fight Hamas while Israel’s defence chief told his troops to be ready to go into the Gaza Strip to destroy the Palestinian militant group. In a televised White House speech late on Thursday that also addressed Ukraine’s effort to repel Russia’s invasion, Biden [...]
Tech founders are turning away from the Tories, and into Labour’s open arms October 20, 2023 With an MBA from Stanford and a self-professed fondness for all things tech, you’d be forgiven for assuming that the country’s entrepreneurs would have taken a natural shine to Rishi Sunak and the party he leads. Yet, according to a recent report from The Entrepreneurs Network and Mishcon de Reya that could hardly be further from the [...]
SEC dropping lawsuit against Ripple executives October 19, 2023 The US Securities and Exchange Commission says it is dismissing aiding and abetting claims against Ripple Labs bosses Chris Larsen and Brad Garlinghouse.
Port charges making decarbonisation ‘uneconomical’, says rail freight boss October 19, 2023 The boss of one of the UK’s biggest rail freight operators has bemoaned high loading charges levied by ports as “uneconomic” for the sector.
FTSE 100 close: Israel Gaza war concerns weigh down London markets again October 19, 2023 London's FTSE indexes dipped in opening trade on Thursday as continued concern over possible escalation in the Middle East left investors feeling cautious.
Williams Racing and THG sign ‘ground-breaking’ deal between great British brands October 19, 2023 A new partnership between THG and Williams Racing has been described as a partnership of two great British brands by the historic Formula One team’s commercial director. The multi-year deal will see THG’s sports nutrition brand Myprotein become Williams Racing’s official nutrition partner, whilst Ingenuity – THG’s complete digital commerce offering – will become an official tech and ecommerce [...]
