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      Diesel crisis: UK minister holds emergency talks with US Energy Secretary

      Miatta Fahnbulleh, CEO of New Economics Foundation, looking thoughtful during discussions on diesel prices.

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      ‘The world of Cat TV is more cut throat than you would ever imagine’ – inside the strange business of TV… for cats

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  • UK economy stalls in February but is just about on track to dodge recession in early 2023

    April 13, 2023

    Britain is just about on track to dodge a recession in the first half of this year, defying gloomy predictions from experts heading into 2023 that the economy would suffer the largest slump in recent memory, figures out today show. Gross domestic product (GDP) – which measures the value of all goods and services produced [...]

  • Carving up the Equality Act will create a radical change in the legal status quo

    April 13, 2023

    The changes Kemi Badenoch wants to make to the Equality Act would allow organisations to openly discriminate against trans people, writes Will Cooling

  • FTSE 100 close: US inflation boost runs out of steam as De La Rue tumbles a third

    April 12, 2023

    A sudden boost to London’s FTSE 100 from better than expected US inflation numbers ran out of steam toward the end of today’s trading session, although the premier index still notched gains. The FTSE 100 jumped 0.5 per cent to close at 7,824.83 points, while its mid-cap counterpart, the FTSE 250, which is more responsive [...]

  • US core inflation jumps to 5.6 per cent while CPI falls rapidly in mixed signal for Fed

    April 12, 2023

    Underlying US inflation is putting up a strong fight against the Federal Reserve’s aggressive interest rate hike assault, while general price rises are falling quickly, sending mixed signals to chair Jerome Powell and co ahead of their interest rate decision next month. Official figures out from the US Bureau of Labor Statistics today showed the [...]

  • North Sea energy giants told to ‘read the room’ on windfall tax demands

    April 12, 2023

    Green groups have urged the government to maintain the toughened windfall tax amid pressure from the North Sea industry.

  • Government risks higher wind power prices as industry slams lack of funds for auction round

    April 12, 2023

    The latest ongoing auction window for offshore wind projects could result in higher generation prices and a shortage in bidders.

  • Retail sector pins hopes on King’s coronation to lift sales

    April 12, 2023

    Shoppers put cost of living fears behind them as they splashed out on Mother Day gifts in March, helping to slightly boost retail sales, but damp weather and soaring inflation has left the sector holding out for the King’s coronation in May to see a “larger uptick” in sales.   According to data by the British [...]

  • Liz Truss to criticise high taxes and warn of authoritarian ‘threat’

    April 11, 2023

    Liz Truss is to renew her advocacy of low taxes in a speech questioning whether western nations are “match fit to take on China”. Britain’s shortest-serving prime minister will suggest the 1980s “Anglo-American” economic model of increased privatisation and limited government is being “strangled into stagnation” in the latest leg of her comeback to the [...]

  • Why Las Vegas’ El Cortez hotel in ‘Old Vegas’ is the city’s best stay

    April 11, 2023

    The El Cortez hotel’s recent renovation shows how Las Vegas is finally celebrating its history, says Adam Bloodworth If you thought the Las Vegas Strip was nuts, try Downtown Las Vegas, which one local tells me has recently adopted the nickname of ‘Drowntown.’ “Growing up here, everything is crazy,” he says, his expression suggesting he’s [...]

  • CBI boss Tony Danker ‘dismissed with immediate effect’ amid investigation into sexual misconduct claims

    April 11, 2023

    Tony Danker has been “dismissed with immediate effect” as head of the CBI following an investigation into workplace misconduct. It comes after the Confederation of British Industry (CBI), Britain’s biggest trade body, launched an investigation into allegations of sexual misconduct. Danker stepped aside as director general amid allegations of misconduct in March, while three other [...]

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