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HS2 leg to Manchester axed – with ‘Network North’ pitched to voters instead
Rishi Sunak has confirmed the long-rumoured decision to scrap the northern leg of HS2.Reports the planned high speed rail line would end in Birmingham – rather than continuing up to Manchester – have been circling for weeks, with sources telling Sky News on Monday the decision had been made. But the prime minister has spent …
Business
Sky News
HS2 to Manchester axed in favour of ‘Network North’ – as ex-PM calls decision ‘wrong’
Rishi Sunak has confirmed the long-rumoured decision to scrap the northern leg of HS2 – a decision branded “wrong” by former prime minister David Cameron. Reports the planned high speed rail line would end in Birmingham – rather than continuing up to Manchester – have been circling for weeks, with sources telling Sky News on …
Business
Euro News
Central Asian economies are booming thanks to Russia: Here’s why
Business
Sky News
Tesco pledges to ‘drive down food bills’ as profits surge
Tesco has said it will continue to lower grocery prices “wherever we can” while revealing a leap in sales and profits.The UK’s biggest retailer said it expected the outlook for food inflation to continue to ease in the run-up to Christmas despite upward pressures remaining on shopping bills. Experts have warned that higher oil prices …
Business
Sky News
Fuel retailers deny profiteering as pump prices shoot up
Fuel retailers have dismissed claims that drivers are being overcharged following a surge in pump prices.Data released by the RAC on Wednesday showed an 8p per litre surge in the cost of diesel last month to a new average of 163.1p. Petrol prices rose by nearly 5p per litre to 157p.The motoring group blamed the …
Business
Sky News
Superdry in talks with Indian giant Reliance to fashion £25m licensing deal
Superdry, the struggling London-listed fashion retailer, is close to striking a partnership with India’s biggest retailer that will release tens of millions of pounds to bolster its fragile balance sheet.Sky News has learnt that Superdry is in advanced talks with Reliance Brands, part of the vast Mumbai-headquartered conglomerate, about a new licensing joint venture. City …
Business
Euro News
Housing crisis: Portugal ends special tax regime for new residents in 2024
Business
Euro News
World’s first carbon border tariff is launched in Europe
Business
Sky News
Train strikes: Full list and how lines will be affected as Tube workers cancel industrial action
Thousands of rail workers and train drivers are going on strike this month – with an overtime ban which started on Monday and mass disruption expected today.But planned industrial action by London Underground workers has been cancelled, it was announced on Tuesday. RMT (the Rail, Maritime and Transport union) and ASLEF (The Associated Society of …
Business
Sky News
Ex-BP boss sees risk of winter price spike and defends role for oil and gas in energy future
A former chief executive of BP has told Sky News there remains a threat of an energy price spike this winter while defending the role oil and gas will play in the transition towards net zero.Bob Dudley was speaking to Business Live with Ian King while attending an event in Abu Dhabi on tackling climate …
Business
Sky News
Strike action on London Underground suspended
Planned strike action on the London Underground has been suspended. More than 3,000 union members had planned to strike on Wednesday 4 October and Friday 6 October. The RMT union said “significant progress” had been made in negotiations and that it has managed to save jobs, prevent detrimental changes to rosters and secure protection of …
Business
Business Live
Plymouth Science Park awarded £500k for new digital engineering hub
Plymouth Science Park has been awarded around £500,000 to fund a new digital engineering test facility. The planned Digital Reverse Engineering And Metallurgy (DREAM) project at the 25-acre campus – home to science and technology businesses involved in digital, creative, marine, earth and life sciences – is being designed to allow firms a new base …

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