The new Labour government must remain “laser-focused” on seizing the positive signals in the UK economy and delivering growth, influential business groups have said. At Keir Starmer’s first press conference as prime minister on Saturday, he pledged to chair new “mission delivery boards” to “deliver change” and deliver on Labour’s election promises, including boosting economic … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. A UK human rights organization has launched a legal campaign to prevent online fast-fashion group Shein from successfully listing on the London Stock Exchange. Stop Uyghur Genocide, which alleges minority Uyghur groups are being used … Read more
The existing ban on gas boilers in favor of heat pumps will be scrapped if the Labor Party wins the general election, Shadow Energy Minister Ed Miliband has said. Heat pumps are considered a viable option to reduce energy bills and achieve Net Zero targets. Currently, the Conservative-led government has pledged to phase out traditional … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. A new Labor government could raise extra money for investment in the bond markets without triggering a Liz Truss-style government bond crisis, according to fund managers. Shadow Chancellor Rachel Reeves has pledged to deliver on … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The Labor leadership is resisting calls to close a tax loophole used by Shein as the party looks to encourage the controversial Chinese-founded fast fashion company to operate in London. Tax campaigners and some retailers … Read more
LABOR last night promised new powers to protect drinkers threatened by closure – and hinted beer duty will be frozen. Shadow Chancellor Rachel Reeves unveiled a five-point plan to save traditional pubs. Labour’s Rachel Reeves unveiled a five-point plan to save traditional pubsCredit: Darren Fletcher The Shadow Chancellor with sunman Ryan SabeyCredit: Darren Fletcher It … Read more
This article is a local version of our Disrupted Times newsletter. Subscribers can sign up here to receive the newsletter three times a week. Discover all our newsletters here Today’s top stories Israeli Prime Minister Benjamin Netanyahu dissolved the war cabinet he created after the Hamas attack on October 7, following the resignation of two … Read more
Wednesday, June 12, 2024 1:42 PM Part Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp E-mail Share via email Shares of Britain’s major banks were among the biggest gainers in a broader market rally on Wednesday. Banks breathed a sigh of relief after Rachel Reeves appeared to … Read more
Labor has pledged to cut car insurance costs for millions of motorists, tackle the UK backlog and improve infrastructure development. In its latest manifesto, the Labor Party has cast itself as the party on the side of drivers, aiming to make major progress on several factors it claims the Conservatives failed to address during their … Read more
Stay informed with free updates Simply log in to the British employment myFT Digest – delivered straight to your inbox. British wage growth remained strong in the three months to April as a rise in the minimum wage boosted pay packets despite a slowing labor market, official data showed on Tuesday. The Office for National … Read more