Political News
25 Sep
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Taxpayers set to pay £65m for Carillion redundancy payments

UK taxpayers will have to pay £65m to cover redundancy payments for former Carillion workers who were made redundant after the company’s collapse in January.

25 Sep
tesco, markets, low
UK grocers commit to halving food waste by 2030

Large supermarkets and manufacturers are committing to reduce the annual £20bn food waste bill in half by 2030.

25 Sep
China says US putting 'knife to its neck', hard to continue trade talks

China's vice commerce minister said trade talks with the US are complicated at the moment and accused the US of bullying China and holding “a knife to its neck”.

25 Sep
Simon Wolfson
Next upgrades profit guidance and calls for Brexit clarity

Next raised its guidance for annual profit after the fashion retailer’s trading in August and early September was better than expected.

24 Sep
Russia hikes rates unexpectedly due to currency weakness, risk of further sanctions

Central Bank of Russia surprised financial markets on Friday, hiking its main interest rate in response to the recent overshoot of its inflation target on the back of weakness in the rouble and food price inflation, although Governor Elvira Nabiullina had reportedly flagged that possibility a week beforehand.

24 Sep
Turkish lira boosted as Pompeo lets slip Brunson could be released soon

The Turkish lira was boosted on Monday (USD/TRY -3. 2% on the day at 6. 09) as the US Secretary of State, Michael Pompeo, let slip that the administration would be holding talks with Turkey regarding the release of Pastor Brunson.

24 Sep
water cleaning plant
Labour pledges to set up publicly-owned water services run by workers

The Labour party has pledged to "turn off the tap" that sells-off utilities for private profit and to set up publicly-owned transparent water companies run by local councils, workers and customers.

24 Sep
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Volvo halts Iran truck operations over US sanctions

Carmaker Volvo has halted its truck assembly lines in Iran over US sanctions that are preventing it from being paid, a company spokesman said on Monday.

24 Sep
US Deputy Attorney General set to step down - Axios

US Deputy Attorney General, Rod Rosenstein, tendered his resignation to the White House on Monday, in the belief that President Donald Trump was set to dismiss him.

24 Sep
Labour's McDonnell unveils employee share ownership plans

Shadow Chancellor John McDonnell unveiled a plan to force larger companies to give shares worth up to £500 per employee, in a speech at the Labour party conference on Monday.

24 Sep
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UK export growth reaches lowest level since Brexit vote - BDO

The UK export growth has fallen for a sixth consecutive quarter and has reached its lowest level since the Brexit referendum in 2016, a survey has found.

24 Sep
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May faces cabinet pressure amid calls to drop Chequers plan

Theresa May will face pressure on Monday as Brexiters will urge the Prime Minister and her cabinet to ditch the Brexit Chequers plan after her meeting with EU leaders in Salzburg last week.

21 Sep
China demands US remove 'unjustifiable' sanction for Russian weapons purchase

China has demanded that the US remove sanctions placed on a defence agency and its director for purchasing Russian weapons.

21 Sep
article50 theresa may
Theresa May says still 'long way apart' from EU on Brexit

UK Prime Minister Theresa May said Brexit negotiations were at an impasse and accused the European Union of not treating the UK with respect, sending the pound tumbling on Friday.

21 Sep
Majority support plans to fund NHS through tax hike

More than half of people on both sides of the political spectrum agree the government should increase taxes in order to better fund public services, according to the British Social Attitudes survey.

21 Sep
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Grayling warns of no-deal Brexit unless EU soften Irish position

Cabinet minister Chris Grayling warned that a no-deal Brexit was on the cards if the European Union did not soften its position regarding the Irish border.

20 Sep
Tusk says Chequers plan won't work as May urges EU leaders to grant concessions

Chief of the European Council Donald Tusk, said on Thursday that Theresa May's proposed new economic partnership with the EU "will not work" as it risks undermining the EU's single market.

20 Sep
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EU to push Facebook to comply with consumer rules or face sanctions

Facebook could face European Union sanctions if they fail to bring their user terms in line with the block’s consumer laws and continue to mislead users regarding the main characteristics of the platform’s services.

20 Sep
Ladbrokes, betting, gaming, bookmakers, gambling
Labour calls for ban on TV gambling adverts during sports events

Britain's Labour party has pledged to ban certain types of gambling advertising if it wins the next general election.

19 Sep
UK calls for regulating 'wild west' cryptocurrencies

UK lawmakers on the Treasury select committee have called for regulation of cryptocurrencies which they consider to be "wild west" assets that expose investors to risks.