The mayors of Manchester and Liverpool have hailed the government’s decision to renationalise the failing Northern rail franchise as a “victory for passengers” while calling for major investment to fix the north’s railways. HS2 is a major element of this outlay and backers of the high-speed rail project have been boosted with reports that Chancellor […]
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As the government continues to define its post-Brexit immigration rules, a report has recommended lowering the wage threshold for migrant workers. Up until now, the threshold was at £30’000, but experts have stressed that reducing it to £25’600 could boost the British economy. The limits apply to migrant workers who come to the UK with […]
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The prime minister has told African leaders there will not be “single penny more” of UK taxpayers’ money spent on coal mining or coal powered energy stations. Boris Johnson also said an overhaul to the immigration system post-Brexit will “put people before passports” and ability before country of origin, in a bid to attract talented […]
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Sajid Javid has warned manufacturers there will be no alignment with EU regulations after Brexit, signalling the “death knell for frictionless trade”, according to an industry expert. The chancellor insisted UK manufacturers must adjust to new regulations and said the Treasury will not lend support to those that favour EU rules because companies “have known […]
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The head of England’s mental health service has called on UK bookmakers to take urgent action to tackle the gambling-addiction crisis as it emerged Tory-donor-bookmakers are making millions from the NHS to treat gambling addicts. The NHS report that 430,000 people have a “serious betting problem” and NHS England mental health director Claire Murdoch said: […]
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The boss of British Airways has slammed the UK government’s rescue deal for the regional airline FlyBe with an official complaint filed to the European Commission against the plan. Ministers announced a rescue package for the country’s biggest domestic airline carrier on Tuesday night that includes a £100 million tax deferral to keep Flybe flying. […]
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The prime minister has asked “what’s the alternative?” after the UK government was warned by the US it would be “madness” to let Huawei develop the nation’s 5G network. Boris Johnson insisted he will not risk Britain’s national security when deciding if the Chinese technology giant will be allowed to upgrade the UK’s 5G communications […]
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Buisness leaders in Northern Ireland are demanding £100 million cash-compensation from the UK government for any disruption to trading caused by Brexit. The call comes following a meeting between leading entrepreneurs, business people and politicians on Friday to discuss fears surrounding increased costs arising from the effective trade barrier down the Irish Sea. In a […]
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The Bank of England has warned £16 trillion ($20tn) worth of assets held by firms are at risk if companies do not take action on climate change. Mark Carney, the outgoing governor of the BoE said millions of pension funds could become “worthless” unless companies and banks take effective steps to deal with the climate […]
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Amazon’s deal with Deliveroo is under a formal investigation by the competition watchdog after the companies failed to address concerns and provide concessions needed to green-light the partnership. The Competitions and Markets Authority (CMA) announced the tie-up could be bad for customers, retailers and restaurants and follows Amazon’s £440 million investment in Deliveroo through a […]
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