Latest Business News, Market Insights & Global Economy Updates
When Labour came to power, it set a “long-term ambition” of increasing the employment rate – the share of the working age population with a job – to 80%. The latest data suggest things are moving in the wrong direction. The employment rate in the three months to October was 74.9%, according to the Office…
In the corner of one of Westminster’s endless Christmas receptions, a Conservative veteran of the Brexit years admits they are somewhat baffled by the frenzied leadership speculation among the new Labour ranks. It was easy to forget, they said, given how many Tory leaders the party cycled through – but prime ministers were not that…
Liz Truss, Britain’s shortest-serving prime minister, began the first edition of her YouTube show with a vow to unmask “the evil-doers” attempting to bring down Britain, the US and Europe. She would, she explained, reveal how an “international network of leftists work to subvert democracy and the will of the people”. Despite her bleak monologue,…
That’s gratitude, eh? It’s not even a fortnight since the government agreed to raise the prices the NHS pays for new medicines and here comes the boss of GSK, Britain’s second largest pharma firm, to extol the virtues of doing business in the US. The US is “still the leading market in the world in…
Bonnie Blue, the porn actor who recently made headlines for her antics in Bali – which you probably shouldn’t Google – has come out in support of Nigel Farage. And in not unconnected news, “rage baiting” – saying deliberately annoying things to get attention – is the Oxford University Press’s word of the year. Bonnie’s…
The Welsh valleys have some of the highest numbers of people claiming incapacity benefits in the whole of Britain. In Abertillery, Maesteg and Merthyr Tydfil, getting on for a quarter of the working-age population is not employed – in large part due to long-term ill-health. If the government was serious about reducing the growing welfare…
A “de-alcoholisation facility” sounds like somewhere to check in after a boozy Christmas, but in the new annexe of a brewery in south Wales they are extracting hangovers from beer. With demand for no-alcohol and low-alcohol (“nolo”) beer taking off in the UK, the hi-tech brewing apparatus enables the plant at Magor, which produces more…
I subscribed to Your Party at its shambolic start and am now finding it impossible to cancel my membership. No one replies to emails. My local party branch told me it can’t help. The portal requires me to open a new account and commit to another payment in order to cancel anything. I tried to…
