Economy

Criminal barristers in England and Wales have started their strike over low legal aid funding with a warning their profession faces an “existential crisis” because of severe cuts imposed by the government. Barristers say their incomes have decline by almost 30% in the last two decades. Specialist criminal barristers now earn less than the minimum wage with an average income...

British Airways staff at Heathrow vote to strike over ‘fire and...

British Airways workers at Heathrow airport have voted to strike with their industrial action set to cause even more chaos during the peak holiday season. Around 700 British Airways ground crew and check-in staff voted for strike action following a...

Govt want rail strikes to ‘feed off division’, says Starmer

Anger is growing at the government’s failure to engage in talks to avoid the UK’s biggest rail strikes in three decades. Transport secretary Grant Shapps is insistent that it is...

OECD gives dire forecast for UK economy

The UK will have the weakest economic growth of all developed countries – except sanction hit Russia – next year, according to a new report by the OECD. Despite Boris...

Travel chaos – ministers have ‘scant’ understanding’ of industry, say airline bosses

Airline bosses have hit back at transport secretary Grant Shapps for blaming them for the travel chaos saying government ministers have “scant” understanding about how their industry actually works. Shapps...

Sunak insists £15bn package is not the cost of Sue Gray report

Rishi Sunak has emphatically denied the timing of his £15 billion emergency package to help households battling with the cost of living crisis has anything to do with yesterday’s publication of the Sue Gray...

40% of UK households face fuel poverty, says E.ON boss

The boss of energy giant E.ON has warned that four-in-ten households in the UK are facing fuel poverty if the government fails to act in the face of soaring energy bills. Michael Lewis, the CEO...
windfall tax

Windfall tax would go some way toward helping struggling households

Rishi Sunak appears to be warming to the idea of a windfall tax. Previously, he and the Prime Minister had rejected the idea of introducing such a tax, fearing it may repel investment and...

UK recession and inflation warning as interest rates rise and pound falls

UK interest rates have risen to 1% - their highest level for 13 years - with the Bank of England (BoE) warning the economy will slip into recession this year as experts predict inflation...

Cooking oil rationing is ‘temporary measure’, say supermarkets; consumer confidence plummets

UK supermarkets are rationing cooking oil due to supply-chain problems caused by the war in Ukraine, the world’s biggest supplier of sunflower oil. The British Retail Consortium said restricting supplies is a temporary measure with...