‘Quit smoking’ message could be put inside cigarette packs August 14, 2023 ‘Quit smoking’ messages could be added to the inside of cigarette packs under draft proposals being considered by the government. The inserts would set out the health and financial benefits of giving up and signpost advice and support available to those trying to quit smoking, the Department of Health (DHSC) said. A consultation launched on [...]
Explainer: An overhaul of cancer targets causes split between doctors August 14, 2023 Today NHS England announced proposals for new cancer targets following a consultation that began last year. The proposals include significant changes, like abolishing around two-thirds of the targets and changing others in a major overhaul of the cancer diagnostics and treatment system. The NHS says the new system, with fewer targets, will be easier for [...]
Santander becomes latest bank to cut mortgage rates amid falling inflation August 14, 2023 Santander has become the latest high street lender to reduce the rates of its mortgage deals, following a stream of other cuts by fellow banks last week, in a signal of hope for prospective buyers. On Monday, the bank cut its selected residential purchase and remortgage fixed rates by between 0.05 per cent and 0.29 [...]
No end in sight: Nearly 4m working days lost to strikes in past year as negotiations falter August 14, 2023 Talks between government and unions to resolve ongoing industrial disputes have repeatedly faltered, despite the UK losing nearly 4m working days to strikes over the past year. According to new research from the Resolution Foundation think tank, 3.9m working days have been lost to industrial action, higher than at any point since the 1980s. Highly [...]
Open banking should expand ‘systematically’ as fintech criticises ‘data protectionism’ of big banks August 14, 2023 Regulators should expand open banking rules “systematically” in order to save customers thousands of pounds across a variety of different financial products, experts told City AM. With stakeholders consulting on the next stages of open banking, many in the sector have suggested regulators need to be bold in expanding data sharing rules into new financial [...]
Yorkshire Post owner signals interest in buying Daily Telegraph newspaper August 10, 2023 The owner of the Scotsman and the Yorkshire Post has indicated it could be interested in buying the Daily Telegraph and Sunday Telegraph if the papers are put up for sale later this year. National World said it “will consider participating in a sale process” if owners Lloyds decide to sell Telegraph Media Group. Lloyds [...]
FTSE 100 close: London markets close in the green after US inflation print August 10, 2023 London’s markets ended higher as investors were boosted by data which suggested the US had got a firm grip on its inflation problem. The FTSE 100 index ended 0.4 per cent higher up to 7,616.38 while the mid-cap FTSE 250 index climbed 0.3 per cent to 18,986.76. Although US inflation increased slightly for the first [...]
Mark Kleinman’s column: WANdisco fiasco, Co-op auction and Chelsea’s misfires August 10, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his fortnightly City A.M. column. It’s payback time WANdisco? More like WANfiasco. Within weeks of the AIM-listed data software company letting it be known that it was solidifying its ambitions of pursuing a US stock market listing, the [...]
FTSE 100 close: London markets rise despite Chinese deflation August 9, 2023 London’s markets closed higher on Wednesday as a toning down of Italy’s windfall tax on banks calmed investors despite more negative news from China. The FTSE 100 closed 0.80 per cent higher at 7,587.30 while the midcap FTSE 250, which is more aligned with the health of the domestic economy, ended 0.51 per cent higher [...]
Taylor Swift helps Brits shake it off with entertainment spree but it’s a cruel summer for retailers August 8, 2023 Taylor Swift tickets, which went on sale in July, have powered a double-digit increase in entertainment spending so far this summer