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                UK economy

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                • Wednesday, 27 September, 2023
                  Global Economy
                  Oilfield approval reignites debate over UK’s green transition

                  Also in this newsletter: Trump troubles, HS2 hullabaloo, flying taxis

                  1 hour ago
                  Protests against Rosebank oil field
                • Wednesday, 27 September, 2023
                  Pensions
                  UK savers continue to raid pensions as inflation takes its toll

                  £4bn withdrawn between April and June this year

                  3 hours ago
                  Workers walking to work with the City of London in the background
                • Wednesday, 27 September, 2023
                  UK energy
                  UK regulators approve plans for new Rosebank North Sea oilfield

                  Move condemned as ‘reckless’ by climate change campaigners

                  3 hours ago
                  Eight protesters, some wearing wetsuits and gasmasks, on the beach with surfboards and a poster featuring slogans against Rosebank and oil
                • Wednesday, 27 September, 2023
                  Financial Services Compensation Scheme Ltd
                  Director of troubled charities bank to head UK deposit protection scheme

                  Martyn Beauchamp is set to be named interim chief executive of the Financial Services Compensation Scheme

                • Wednesday, 27 September, 2023
                  Chapel Down Group PLC
                  Hotter weather boosts growth prospects for English winemaker Chapel Down

                  Reluctant beneficiary of climate change says temperature rises will double the size of its business by 2026

                  Freshly picked grapes are emptied in to storage crates at a Chapel Down vineyard
                • Wednesday, 27 September, 2023
                  Chris Giles
                  Beware fiscal rules that are easy answers to complicated problems

                  I was wrong to think that taking into account UK public sector assets, as well as debt, would be a silver bullet

                  A construction worker closes a gate in hoardings around the HS2 development near Euston station in London
                • Wednesday, 27 September, 2023
                  Robert Shrimsley
                  Rishi Sunak’s new strategy exposes 13 years of Tory failure

                  Any attempts at reinvention are hampered by a governing record the prime minister can’t escape

                  Illustration of Rishi Sunak, Boris Johnson, Theresa May and David Cameron sat on a tiny train
                • Wednesday, 27 September, 2023
                  Scotland
                  Scotland recycling failure doubles National Investment Bank losses

                  Collapse of company set up to administer project leads to £4.5mn writedowns

                  A grocery store customer puts an empty plastic bottle into the recycling bank
                • Wednesday, 27 September, 2023
                  UK agriculture
                  Farming subsidies trigger row over future of British countryside

                  The government’s post-Brexit subsidy regime has left some farmers with less money than before

                  Helen Drinkall, a livestock farmer from Chorley, Lancashire
                • Tuesday, 26 September, 2023
                  UK tax
                  Scrapping UK inheritance tax hands £1mn to richest 1%, finds IFS

                  Abolition would cost Treasury about £7bn a year and favour wealthiest households, says study

                  An elderly couple enjoy the sunshine
                • Tuesday, 26 September, 2023
                  Renewable energy
                  Developer halts onshore wind farm due to rising costs and windfall tax

                  Scottish renewable project paused in latest blow to UK green power development

                  Sanquhar Wind Farm in Scotland
                • Tuesday, 26 September, 2023
                  HS2
                  Greater Manchester mayor proposes compromise on HS2 rail line

                  Burnham says northern leg could be delayed if government commits to east-west route

                  Trains at Manchester Piccadilly station
                • Tuesday, 26 September, 2023
                  The FT ViewThe editorial board
                  High-speed trains and the crashing of Britain’s credibility

                  Dropping a chunk of HS2 would undermine the country as a place to do business

                  An artist’s impression of an HS2 train. HS2 is not just a solution on passenger capacity but has become vital to Britain’s net zero goals
                • Tuesday, 26 September, 2023
                  Pound Sterling
                  Sterling heads for worst month since Truss’s mini-Budget

                  British pound declines as traders shift interest rate expectations

                  The Bank of England in London
                • Tuesday, 26 September, 2023
                  Water Services Regulation Authority UK
                  Water companies in England and Wales told to cut £114mn off bills

                  Ofwat says almost all groups missed targets on pollution, leakage and customer service

                  An aerial view of the Thames Water Long Reach water treatment facility
                • Tuesday, 26 September, 2023
                  UK politics
                  UK manufacturing groups hit out at Sunak’s U-turns on net zero pledges

                  Trade associations criticise uncertainty created by ‘huge setback’ to industry planning

                  Internal components of a Sunamp heat battery at the Sunamp factory in Tranent, UK
                • Tuesday, 26 September, 2023
                  Sarah O'Connor
                  Net zero was never going to be an easy win for workers

                  The green transition will be hard and involve trade-offs policymakers would rather not talk about

                  James Ferguson illustration of miners’ helmets left rusting in a field, with wind turbines set against a blue sky behind them
                • Tuesday, 26 September, 2023
                  ExplainerUK tax
                  The calculations behind Sunak’s potential inheritance tax shake-up

                  Though unpopular, IHT is paid by few in UK and revenue lost would have to be made up for elsewhere

                  Montage including a house and pound notes
                • Monday, 25 September, 2023
                  HS2
                  Scrapping HS2 will damage trust in Britain, warn US buyers of Birmingham City

                  Owners of Tom Brady-backed football club say truncating rail line will shake investor confidence

                  Tom Wagner, left, and Tom Brady, right, at a Birmingham City game earlier this month
                • Monday, 25 September, 2023
                  UK airports
                  Gatwick cancels more than 160 flights because of ATC staff shortages

                  London’s second-busiest airport to impose cap on departures and arrivals for rest of week

                  Gatwick terminal
                • Monday, 25 September, 2023
                  Central banks
                  Bank of England studies sweeping reform of forecasting

                  UK central bank indicates review by Ben Bernanke could result in process similar to that used by US Fed

                  Ben Bernanke and the Bank of England
                • Monday, 25 September, 2023
                  Aerospace & Defence
                  Common global rules needed ahead of ‘flying taxi’ boom, UK regulator says

                  Civil Aviation Authority head forecasts that air travel is on the brink of ‘new revolution’

                  A Volocopter flying taxi on display at the Paris Air Show in June
                • Monday, 25 September, 2023
                  OutlookHarvey Nriapia
                  Why has Leeds, birthplace of the tram, ground to a halt?

                  For decades, the council has failed to return light rail to the largest city in western Europe without a mass transit system

                  Sepia photo of a street scene on the Briggate in Leeds, England with electrified tramcars, circa 1910
                • Monday, 25 September, 2023
                  Unite
                  Strike pay soars as UK union leader focuses on industrial action

                  Unite has been involved in 950 disputes since Sharon Graham took over two years ago and has handed £30mn to striking members

                  Unite leader Sharon Graham on a picket line with striking ambulance workers in January
                • Monday, 25 September, 2023
                  UK social housing
                  UK councils missing energy efficiency targets for social housing, non-profit says

                  Findings come days after ministers scrapped plans to force private landlords to upgrade their properties by 2028

                  New council houses in Top Valley, Nottingham
                Previous page You are on page 1 Next page

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