Category: News

The UK government plans to create 400,000 green energy jobs by 2030, with major investment in skills training for trades, veterans, and workers transitioning from fossil fuels.

Sir David Attenborough has become the oldest-ever Daytime Emmy winner at 99, honoured for Netflix’s Secret Lives of Orangutans. The legendary naturalist beat Martha Stewart and Anthony Mackie and now holds awards across every era of modern television.

A new report suggests 1,800 wealthy non-doms have left Britain since Rachel Reeves scrapped the tax regime in April — 50 per cent more than forecast — raising questions over whether her flagship plan to raise £34 billion will meet its target.

Betfred has warned that proposed gambling tax rises could force the closure of all 1,300 of its UK betting shops, threatening 7,000 jobs. The company says the move would drive customers to illegal sites and devastate the high-street gaming industry.

Bank of England governor Andrew Bailey has said Brexit’s economic impact will be “negative for the foreseeable future,” though the UK economy will gradually adapt. His remarks echo warnings from chancellor Rachel Reeves ahead of next month’s budget.

Veteran investor Ron Conway has quit the Salesforce Foundation board in protest at CEO Marc Benioff’s public backing of President Trump and demand for National Guard deployment in San Francisco, exposing a rare public fracture in tech-sector philanthropy and governance.

More than 400 companies have received awards under the UK government’s Fair Payment Code, recognising firms that pay suppliers quickly and transparently. The initiative aims to tackle the country’s £11bn late-payment problem and promote a positive payment culture.

Britain has imposed 90 new sanctions targeting Russian oil exports, shadow tankers, and refineries in India and China. Chancellor Rachel Reeves said the measures will “cut off Putin’s war funding” ahead of G7 talks in Washington.

Washington has accused Beijing of betraying a trade truce after China tightened export curbs on rare earth materials. US officials called the move “economic coercion” and warned of new tariffs, heightening fears of a renewed trade war.

India’s exports to the US have fallen 40% in four months as Trump’s 50% tariffs take effect, hitting textiles, jewellery and engineering goods. Talks are under way to ease tensions and rescue a trading relationship worth $190bn.

The PRA and FCA have cut the deferral period for senior banker bonuses from eight years to four, in the latest post-crisis reform aimed at boosting the City’s global competitiveness while maintaining safeguards against excessive risk-taking.

Donald Trump’s Turnberry and Aberdeenshire golf resorts reported smaller annual losses despite strong growth in turnover, as Eric Trump said sustained investment and new tournaments are helping to raise their international profile and drive a future return to profitability.

Andy Haldane, former Bank of England chief economist and advisor to the Treasury, will become president of the British Chambers of Commerce in February, succeeding Baroness Lane-Fox at a time of mounting economic pressure on UK businesses.

Chancellor Rachel Reeves has admitted both tax rises and spending cuts are being weighed for her 26 November Budget as she confronts a £30bn fiscal shortfall — warning that austerity, Brexit and weak productivity have “weighed heavily” on growth.