An exodus of more than half a million people from the British workforce since the Covid pandemic is putting the economy at risk of weaker growth and persistently higher inflation, a Lords report has warned. The House of Lords economic affairs committee said the sharp rise in economic inactivity – when working-age adults are neither […]
Around 1,200 members of the military and 1,000 civil servants are being sent in by the government to cover striking ambulance drivers and Border Force staff. The staff will be deployed to minimise disruption throughout the rest of the month as more key sector workers go on strike. Up to 10,000 ambulance staff will go […]
Border Force strikes threaten misery for millions of passengers arriving at UK airports during the first restriction-free Christmas in three years. Under contingency plans being drawn up, passengers will be held on aircraft to prevent overcrowding in airport arrival halls during the strikes. Officials also fear that passengers could be made to wait more than […]
Prime Minister Rishi Sunak has scrapped a taskforce launched by his predecessor to shore up the UK’s energy security by striking a series of long-term deals with gas suppliers. The Energy Supply Taskforce, announced by Liz Truss towards the beginning of her short tenure in No 10 as part of a package of measures to […]
Elon Musk will step down as head of Twitter if users of the social media vote for him to do so in a poll, he said on Sunday night – and voters currently want him to depart. As of 11.45pm, 55.5 per cent of the 1.8 million voters had voted ‘yes’ with 45.5 per cent […]
The UK government has appointed five, industry leading experts to make use of post-Brexit freedoms by driving innovation in cutting edge sectors that will be vital to Britain’s future growth. The five new experts will work with the government’s chief scientific advisor, Sir Patrick Vallance, to review existing rules and develop a pro-innovation, regulatory approach. […]
Article content Mortgage brokers are beginning to see more instances of default on privately financed loans and an increase in powers of sale as the central bank raises interest rates at an unprecedented clip. “We’re starting to see some power in sales in the marketplace in the GTA, and we are also starting to see […]