Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. In May, credit rating agency S&P Global downgraded the creditworthiness of French government bonds, essentially telling the country’s politicians: just do it. “Political fragmentation contributes to uncertainty about the government’s ability to continue implementing policies that … Read more
The Labour government could face fresh trouble just days into the new administration amid concerns electric vehicle sales targets are being missed. Keir Starmer’s party won a landslide victory last week, taking 412 seats in the House of Commons, forcing Rishi Sunak to resign as prime minister, while the Conservatives lost 251 seats in parliament. … Read more
Britons are bracing for a number of major legislative changes in the coming years, following Labour’s landslide victory in this week’s general election. Keir Starmer dominated the vote, winning 412 seats in a stunning election campaign that saw the Conservatives lose 250 seats and Rishi Sunak ousted as prime minister. With Labour set to take … Read more
The Labour Party’s landslide victory in Thursday’s British election means it takes power in the country after more than a decade under the leadership of the Conservative Party. The change comes at a time when there is still a lot of economic uncertainty in the country, the effects of higher inflation are still being felt … Read more
Thousands of motorists could be forced to pay a hefty daily rate if major rule changes affecting London’s congestion charge are introduced next year. The Transport for London website states that only battery electric vehicles or hydrogen fuel cell vehicles are eligible for the cleaner vehicle discount. However, the discount for cleaner vehicles under the … Read more
Openreach (BT) has begun the process of reviewing its position on compliance with its “place of residenceThis could lead to them taking further contractual action against alternative UK broadband networks (altnets) that are struggling to meet the necessary 90% performance threshold, which could ultimately include restrictions on network access. To give this some context, Openreach’s … Read more
BT (EE) has confirmed to ISPreview that they are in advanced talks over a new deal with rivals, including at least O2 (Virgin Media) and Vodafone, which will give them the ability to access some of EE’s mobile masts in remote locations . The deal could help improve 4G (mobile broadband) coverage in partial non-spot … Read more
The number of Britons over retirement age paying tax on their state pension has increased significantly in the past year, according to new figures published by HM Revenue and Customs (HMRC). Tax authority data shows that annual figures on the number of people paying income tax on their pension payments have risen by 660,000, from … Read more
Moreover, in 2022, despite the phasing out of its pandemic emergency purchasing programme, the ECB launched a new “anti-fragmentation instrument”, the Transmission Protection Instrument, which was explicitly aimed at keeping spreads under control by allowing the central bank to to buy government bonds from countries. countries whose interest rates vary excessively due to speculation. What … 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