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From Eton scholar to chancellor who sent economy spiralling – Kwarteng’s rise and fall
Kwasi Kwarteng’s stint as chancellor was perhaps as short as his rise to the top of politics was swift.Mr Kwarteng was promoted to chancellor by Liz Truss on 6 September from his previous post as business secretary under Boris Johnson. Within 38 days he had been sacked, his downfall set in motion by the economic …
Business
Sky News
Royal Mail plans to make up to 6,000 roles redundant by August
Royal Mail has announced it will begin a process to make 5,000 to 6,000 roles redundant by August next year.The announcement, made in a trading update by the postal service’s parent company, has been blamed on industrial action taken by Royal Mail workers, delays in improving productivity and falling parcel volumes. A process of “consulting …
Press Release
Pressat
3 ways to have a more sustainable Halloween
More and more people are taking part in Halloween in the UK each year, but the scariest thing about October 31st is the waste. With so many people now concerned about environmental issues, many are looking for ways to make Halloween more eco-friendly, so we’ve listed some suggestions below. 1. Say no to plastic Many …
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Pressat
UNIFONIC ANNOUNCES ACQUISITION OF SESTEK, FURTHER DIVERSIFYING ITS OFFERINGS AND EXPANDING ITS GEOGRAPHICAL REACH AS A LEADING CUSTOMER ENGAGEMENT COMPANY
The acquisition provides Unifonic with immediate access to Sestek’s suite of cutting-edge “Conversational AI and Analytics” solutions and a strong base of existing clients and partners. Sestek’s offerings complement Unifonic, and the combined capabilities will result in a more holistic customer engagement offering to their global customers. Unifonic, a leading Communications Platform as a Service …
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Pressat
The UK’s most innovative lighting and controls solutions provider, Prime Light, is celebrating 30 years in the business.
Launched in 1992, Prime Light is a leader in the UK commercial lighting industry. They provide components, controls, and custom lighting solutions for every type of business purpose. As they reach the end of their third decade of successful operation we ask Prime Light’s managing director, Sean Hounslow about the past, present, and future of …
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Pressat
Wirral community theatre company brings Calendar Girls the Musical to Runcorn
Wirral-based community theatre company D&S Productions is bringing a musical version of much-loved film and stage play, Calendar Girls, to The Brindley Theatre in Runcorn. The curtain will rise on “Calendar Girls the Musical” at the popular Runcorn venue from October 26 to 29 at 7.30 pm. Recently the company staged a critically acclaimed production …
Business
Sky News
Kwarteng insists he is ‘not going anywhere’ and is ‘totally focused’ on growth plan
The chancellor has insisted he is “not going anywhere” amid the economic turmoil in the UK and said he remains “totally focused” on delivering the government’s growth plan.During a visit to Washington DC, Kwasi Kwarteng was asked whether he and Liz Truss, the prime minister, will be in their respective roles this time next month. …
Business
Sky News
‘Don’t prolong the pain’: IMF criticises UK government for ‘undermining’ Bank of England
The head of the International Monetary Fund has delivered a blunt condemnation of the UK government’s mini-budget – pointing out government and Bank of England policies should not be working against each other.Kristalina Georgieva was speaking at a news conference in Washington after the government’s mini-budget unleashed chaos in the markets when it was announced …
Press Release
Pressat
Clearer water but greener pool at the Chilterns MS Centre
The Chilterns MS Centre has recently completed major improvement work on their hydrotherapy pool to help make it more energy efficient and reduce water wastage. The £25,000 project carried out by the Wendover-based charity, funded partly by a grant from the Clothworkers’ Foundation, involved several upgrades including the installation of a chemical dosing system, variable …
Business
Sky News
US inflation falls but still higher than expected
US inflation dropped to 8.2% over the 12 months to September.The American Department of Labor Statistics said the consumer price index (CPI), the measure of inflation, was down from the 8.3% in the year to August. A greater fall to 8.1% had been predicted by a Reuters poll of economists.The US central bank increased interest …
Business
Sky News
Kwasi Kwarteng sacked as chancellor after mini-budget turmoil
Kwasi Kwarteng has been sacked as chancellor three weeks after his mini-budget unleashed chaos in the economy.He was appointed to the role by Liz Truss only 38 days ago, making him the second-shortest serving chancellor after Iain Macleod, who died a month after being handed the job by Edward Heath. Mr Kwarteng’s downfall was set …
Business
Sky News
Kwasi Kwarteng sacked as chancellor as PM appoints Jeremy Hunt
Kwasi Kwarteng has been sacked as chancellor three weeks after his mini-budget unleashed chaos on the economy and Jeremy Hunt appointed in his place.Mr Kwarteng was appointed to the role by Liz Truss only 38 days ago, making him the second-shortest serving chancellor after Iain Macleod, who died a month after being handed the job …

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