Business UK

Inflation hits record 10% in 19 EU countries using euro

Editorial Bureau September 30, 2022

Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar, signaling a looming winter recession for one of the globe’s major economies as higher prices undermine consumers’ spending power. Consumer prices in the

UK

South Western Railway leads rail industry with roadmap to net zero by 2040

Editorial Bureau September 30, 2022

South Western Railway announces commitment to reach net zero carbon emissions by 2040 at the latest  Supported by the Department for Transport, SWR is the first rail company to set out a robust, transparent, and cost-effective roadmap to net zero   The roadmap incorporates the latest science-based targets and has been independently assessed   TODAY South Western […]

UK

Truss defends economic plan that sent pound tumbling

Editorial Bureau September 30, 2022

British Prime Minister Liz Truss on Thursday defended her divisive economic plan and shrugged off the turmoil it has stirred in financial markets, saying she’s willing to make “controversial and difficult decisions” to get the U.K. economy growing. In her first public comments since her Conservative government announced billions in unfunded tax cuts last Friday […]

UK

UK PM Truss defends ‘controversial’ tax cuts despite market turmoil

Editorial Bureau September 29, 2022

UK Prime Minister Liz Truss on Thursday defended her tax cuts policy, despite it triggering market turmoil and forcing a Bank of England intervention to prevent “material risk” to the economy. “We had to take urgent action to get our economy growing, get Britain moving, and also deal with inflation,” she told local station BBC […]

Business IN UK 01 UK

£1.5 billion government funding to improve energy efficiency

Editorial Bureau September 29, 2022

Government funding of up to £1.5bn will see around 130,000 social housing and low-income properties in England upgraded  Upgrades will help households save around £400 to £700 a year on their energy bills at current prices and funding could support around 19,000 green energy sector jobs Funding follows government’s direct and decisive intervention ahead of 1

UK

Post Offices prepare for rush of customers depositing paper

Editorial Bureau September 29, 2022

Post Offices prepare for rush of customers depositing paper £20 and £50 banknotes by Friday deadline Post Office’s 11,500 branches are preparing for a rush of customers depositing paper £20 and £50 banknotes before they lose legal tender status this Friday, 30 SeptemberSince January, over £1.2 billion worth of paper £20 and £50 banknotes have […]

Entertainment IN UK 01 UK

Shortlist for London Press Club Awards announced

Editorial Bureau September 29, 2022

The shortlists are announced today for the London Press Club 2022 Awards. The winners will be announced at the annual awards lunch on Wednesday 26 October at Stationers’ Hall, with Michael Gove MP as the guest speaker. Chair of the judges of the London Press Club Awards Nick Ferrari said: “Cracking exclusives, game-changing investigations, top […]

IN UK 01 UK

Transport Secretary calls for international action to decarbonise global aviation

Editorial Bureau September 29, 2022

Transport Secretary will call on countries worldwide to agree long-term goal for reducing aviation carbon emissions  Earlier this week, the UK led a meeting of 56 states pushing for higher ambition to tackle aviation’s climate impacts Government continues to deliver on COP26 commitments Decarbonising the aviation sector requires global action, new Transport

IN UK 01 Travel UK

Scotland’s first tourist e-boat sets sail from The Falkirk Wheel

Editorial Bureau September 29, 2022

Scottish Canals latest offering at The Falkirk Wheel was officially launched by Transport Minister, Jenny Gilruth MSP alongside Scottish Canals CEO, Catherine Topley as part of Climate Week. Visitors to the world’s only rotating boat lift, can now experience a little more canal side scenery in an environmentally conscious way by hiring one of Scottish […]

IN UK 01 UK

UK central bank intervenes in market to halt economic crisis

Editorial Bureau September 29, 2022

The Bank of England took emergency action Wednesday to stabilize U.K. financial markets and head off a crisis in the broader economy after the government spooked investors with a program of unfunded tax cuts, sending the pound tumbling and the cost of government debt soaring. The central bank warned that crumbling confidence in the economy […]