The government’s hiked windfall tax on energy producer profits was said to be part of the company’s decision to cease production beyond 2029. Sky News revealed on Friday. Donald Trump …
Editorial Team
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A leading construction industry body has warned the prime minister that measures unveiled in the budget will “fatally undermine” family-run companies in the sector, adding to the business backlash facing …
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The Christmas gift to Labour is unlikely to keep on giving with the cost of state borrowing at a high not seen for more than a year. According to Sky …
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Asia kicks off the final full trading week of 2024 with the monthly ‘China data dump’ landing on Monday, and with investors leaning toward keeping the stock market bull run …
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UK news
Huge shift in interest rate predictions as Bank of England chief says cuts could be more ‘aggressive’
The pound has fallen sharply after the governor of the Bank of England told the Guardian it could become a “bit more aggressive” in cutting interest rates if inflation continues …
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Uncategorized
UK to finish with coal power after 142 years and becomes first G7 nation to exit coal-fired power
The country has been burning coal to make electricity since 1882 but the last remaining plant in Nottinghamshire, is being decommissioned as capacity from clean alternatives has allowed it. The …
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Chinese Embassy in the UK hosted a reception to mark the 75th anniversary of the founding of the People’s Republic of China on Wednesday last week . H.E. Ambassador Zheng …
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The US is planning to ban certain hardware and software made in China and Russia from cars, trucks and buses in the US due to security risks. BBC reports Officials …
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UK Projects with government, corporate and foreign investment
British steel industry braces for 2,500 job cuts at Port Talbot in government deal
Announcement on taxpayer-funded rescue plan for Tata-owned south Wales plant expected on Wednesday. From The Guardian’s report The British steel industry is braced for 2,500 job cuts at the Port …
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There is evidence that Labour’s honeymoon with big business is already showing signs of strain as a lobby group warns of a threat to growth if the government presses ahead …