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Evening Standard
Health Secretary says nurses’ pay demands ‘neither reasonable nor affordable’
Pay demands from unions representing nurses are “neither reasonable nor affordable” amid the threat of strike action, the Health Secretary has said.Steve Barclay is “saddened” by the proposed industrial action by the Royal College of Nursing (RCN), which he said is in “nobody’s best interests”.He is resistant to negotiating on pay, with the union demanding …
Business
Evening Standard
Sunak urged to crack down on UK-based firms stashing profits in tax havens
Rishi Sunak is being urged to act “immediately” to crack down on UK-based firms stashing their profits in overseas tax havens, in a move Labour claims would raise as much as £7 billion per year.Sir Keir Starmer’s party wants the Prime Minister to implement a “multinational top-up tax” in line with reforms agreed by the …
Business
Evening Standard
Hunt: I’m Scrooge with a plan to save Christmas by beating evil inflation
Jeremy Hunt has declared he is “Scrooge” out to save Christmas as he warned of “horrible decisions” on tax and spending to crack down on inflation and restore stability to shorten a recession he said was made in Russia.The Chancellor has promised a “rabbit-free budget” prioritising “honesty” and “sound money”, whereby people with the broadest …
Business
Business Live
Dental nurse named Greater Birmingham Apprentice of the Year 2022
A young dental nurse who has had to juggle her studies, work and being a home carer has been crowned our Greater Birmingham Apprentice of the Year. Summar Wilkes works at Smile Style Dental Care Centre in Stafford where she is also studying for a dental nursing apprenticeship. She won the Health, Education and Care …
Business
Sky News
Households paying £94 extra on energy bills because Ofgem ‘too slow to act’
Ofgem’s failure to effectively regulate energy suppliers since 2018 has “come at a considerable cost” to British households, a watchdog report has found.The Public Accounts Committee (PAC) said the energy regulator did not tighten requirements for new suppliers until 2019, or for existing suppliers until 2021, despite issues with the financial resilience of energy retailers …
Business
Evening Standard
London’s house price growth rate beaten by the home counties
House prices are often the talk of town across London, which is home to some of the highest average valuations in the country, but new research shows that prices in areas outside the capital have been rising faster, for longer. Saxo, the investment platform, has crunched the numbers on average house price data going back …
Business
Evening Standard
Rishi Sunak ‘set to cut defence spending in real terms’ as inflation soars
Rishi Sunak is said to be preparing to cut defence spending in real terms as planned budget hikes are dwarfed by soaring inflation.The allowance for all departments, including the Ministry of Defence (MoD), will rise in line with the 2021 spending review, representing a cash boost, according to reports.But it has been suggested this will …
Business
Evening Standard
AA calls for fuel duty cut to be extended
Chancellor Jeremy Hunt is being urged to extend the 5p cut in fuel duty amid the “nightmare” of high costs for motorists.The AA said when then-chancellor Rishi Sunak announced earlier this year that the 5p fuel duty cut represented the biggest cut ever, it was set to remain in place until March 2023.The motoring organisation …
Business
Sky News
Sale of collapsed energy company Bulb delayed over ‘very serious concerns’
The sale of collapsed energy company Bulb has been delayed by a High Court judge after concerns were raised by rival firms.The business is set to be bought by Octopus Energy, who announced it would be taking on Bulb’s 1.5 million customers after the company was placed into special administration last year. The deal aims …
Business
Sky News
Burger chain Byron to be flipped to new owner two years after going bust
Byron, one of the UK’s best-known burger restaurant chains, is to be flipped to a new owner two-and-a-half years after a brush with insolvency.Sky News has learned that the company, which was one of numerous hospitality sector victims of the COVID pandemic, is working with advisers on a potential transaction. Sources said that the owners …
Business
Evening Standard
FTSE slips into the red as UK economy shrinks
International stocks fell back from Thursday’s highs amid the UK economy shrinking and fears of a looming prolonged recession.The FTSE 100 started the day on a good footing, but slipped into the red by the time the week drew to a close.It was down 0.78%, or 57.3 points, to 7,318.04 points.It comes as official figures showed …
Business
Evening Standard
Airbus and Qatar Airways allege regulator ‘collusion’ in A350 aircraft dispute
Airbus was allegedly involved in “collusion” with the European aviation regulator over the response to its A350 aircraft being grounded by Qatar Airways due to potential safety concerns, the High Court was told.The aircraft manufacturing giant is accused of “exerting its influence” over the European Union Aviation Safety Agency (EASA) and providing it with a …

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