Sir Keir Starmer is preparing to push Britain into significantly stricter net zero commitments as part of negotiations to rejoin the EU’s internal electricity market, a move that has triggered accusations from critics that the government is surrendering control over UK energy policy. The Prime Minister and Ed Miliband, the Energy Secretary, are in talks with Brussels over closer alignment ...
A British parcel entrepreneur forged documents as part of a failed attempt to seize control of Yodel, according to a damning High Court judgment that brings fresh clarity to one of the most chaotic corporate battles in the UK logistics sector. Mr Justice Fancourt ruled that Jacob Corlett conspired with his mother, Tamara Gregory, to falsify share warrant documents in ...
British farmers are voicing growing anger after a sharp rise in Australian beef and lamb imports, which they say is undercutting domestic producers and putting further pressure on an already strained livestock sector. New figures show that beef imports from Australia have surged since the UK-Australia free-trade deal came into force in May 2023. Volumes jumped by almost 200 per ...
Capitol Hill is a ghost town with both the House and Senate out of session until a few days into the new year. Lawmakers left town the week before Christmas, and with their departure have left several key fights unresolved — with deadlines looming large for both Republicans and Democrats. Government funding Congress voted to end the longest-ever government shutdown ...
Britain’s long and often spectacular history of mismanaged inventions, doomed projects and ill-fated ideas is finally getting its own cultural institution. Next spring, the internationally touring Museum of Failure will open in the UK, celebrating everything from grand design disasters to corporate overreach – all viewed through the lens of learning rather than ridicule. Its founder, Dr Samuel West, believes ...
Romina Boccia and Ivane Nachkebia The United States is already experiencing the consequences of fiscal excess, driven in part by the growing imbalance in major entitlement programs, including Social Security. Federal interest costs now exceed spending on national defense, surpassing $1 trillion per year and projected to roughly double over the next decade as debt continues to rise. The government ...
Major sports events are not just thrilling spectacles; they are economic powerhouses. These events ripple through various industries, driving significant economic activity. The betting sector, in particular, sees a notable surge in activity during such times. Global sports events such as the FIFA World Cup play a pivotal role in the economy by attracting millions of spectators and participants. These ...
British businesses are sharply reducing their public support for Pride, mirroring a broader retreat from diversity, equity and inclusion (DEI) initiatives that has gathered pace in the United States. Analysis of corporate social media activity shows that references to Pride by some of the UK’s largest companies have fallen dramatically in the past two years. Mentions are down by more ...
The UK is on course to overtake Japan and become the world’s fifth-largest economy by the end of the next decade, according to new long-term projections from Centre for Economics and Business Research (CEBR). In its latest global outlook, the think tank forecasts that Britain’s gross domestic product will rise from just under $4 trillion in 2025 to around $6.8 ...
Boxing Day sales are expected to deliver a £3.6 billion boost to UK retailers this year, around £1 billion less than in 2024, as cost-of-living pressures continue to weigh on household spending. The forecast comes from Barclays, which tracks nearly half of all credit and debit card transactions across the UK. The anticipated decline represents a blow to retailers during ...