Press Association
Mel Stride launches national campaign to build the British workforce
Mel Stride has launched a national campaign to build the British workforce in a speech at a Jobcentre in south London.
Press Association
PM says welfare reforms not about cost cutting as ‘hostile rhetoric’ criticised
Rishi Sunak has told of the “moral mission” to reform welfare as he announced major changes to the system in the face of criticism of his “hostile rhetoric” and accusations that the proposals are a “full-on assault on disabled people”....
Press Association
PM says welfare reforms not about cost-cutting as ‘hostile rhetoric’ criticised
Rishi Sunak has told of the “moral mission” to reform welfare as he announced major changes to the system in the face of criticism of his “hostile rhetoric” and accusations that the proposals are a “full-on assault on disabled people”....
Press Association
Labour announces “fiscal lock” to stop another Mini-budget
Shadow chancellor Rachel Reeves and deputy leader Angela Rayner visited Crawley at a new housing estate to discuss a “fiscal lock” to prevent another Truss Mini-budget.
Press Association
Government urged to guarantee orders to secure future of train-making in Derby
The Government has to “stop dithering” and do everything in its power to secure the future of Derby’s Alstom train factory, Labour has said. Speaking during a visit to the plant – the UK’s biggest rail assembly site – on Thursday, shadow...
Press Association
Amazon workers strike in Coventry in long-running dispute over pay
Members of the GMB union at the online giant’s site in Coventry mounted an early morning picket line outside the centre on Tuesday.
Press Association
Amazon staff stage strike in Coventry in long-running dispute over pay
Amazon staff members on a GMB union picket line outside the online retailer's site in Coventry, as they take part in a strike in their long-running dispute over pay.
Bloomberg
BofA CEO Moynihan Doesn't Expect US Recession
Bank of America Chair and CEO Brian Moynihan says the US economy is "reaching a pretty good equilibrium" between the consumer and the Federal Reserve during an interview with David Westin on "Wall Street Week Daily."
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Unemployment rate remains low, but GOP says Americans still struggling
The U.S. labor market remains strong, but some point to high inflation and credit card debt as indicators of a failing economy.
Press Association
Rishi Sunak tells Maltby pub of his aim to abolish national insurance
The Prime Minister repeated his “long-term ambition” to abolish national insurance in the next Parliament. Speaking at an event at a pub in South Yorkshire, Rishi Sunak said: “The reason we have chosen to cut national insurance in...
Press Association
National insurance is 'unfair' and 'unnecessarily complicated' - Rishi Sunak
The Prime Minister told a pub in Maltby, South Yorkshire that national insurance is 'unfair' because it's a tax on work and is 'unnecessarily complicated', as he laid out his “long-term ambition” to abolish national insurance in the next...
Press Association
Labour promises crackdown on benefits payments to inactive young people
Labour has promised tougher measures on handing out benefits payments as it sets out plans to reduce the number of young people out of work, education or training. Shadow work and pensions secretary Liz Kendall said the party would...
Press Association
Sir Keir Starmer visits Siemens Three Bridges Traincare Facility
Labour leader Sir Keir Starmer has visited Siemens Traincare Facility in Three Bridges, Crawley, alongside Shadow Secretary of State for Work and Pensions Liz Kendall. They discussed how Labour will help Britain's long term sick get back...
Press Association
Mayor Khan delivers speech at the London Government Dinner
London Mayor Sadiq Khan slammed Brexit and said it has had a detrimental effect on the city of London. Mr Khan delivered a speech at the annual London Government Dinner on Thursday which took place at The Mansion House. He also said...
Press Association
Michael McGrath and Paschal Donohoe reflect on the health of the Irish economy
Minister for Finance Michael McGrath and Minister for Public Expenditure Paschal Donohoe reflect on the health of the Irish economy and forecast how it will respond amid a gloomy economic outlook for 2024. At Ireland's Department of...
Press Association
Junior doctors stage strike in Bristol as six-day NHS walkout begins
Footage of junior doctors staging a strike outside University Hospitals Bristol and Weston as the longest walkout in NHS history started. Hospital bosses said the strike will be “incredibly tough” for the health service as junior doctors...
Press Association
Mayor says Tory party dynamics around Rwanda scheme resembles a 'psychodrama'
London Mayor Sadiq Khan has criticized the Government's plans on Rwanda and described the dynamics in the Conservative party as resembling a that of a "psychodrama".
Press Association
Sunak says there is 'momentum' in UK economy as business leaders gather for Global Investment Summit
Rishi Sunak said there is “very positive momentum behind the UK economy” as leading investors gathered at Hampton Court Palace. Arriving at the Global Investment Summit, the Prime Minister told reporters: “My singular focus is driving...
Bloomberg
October ISM Index Falls to 46.7 in October
Tim Fiore, Chair of the ISM Manufacturing Business Survey Committee, joined Alix Steel and Guy Johnson to talk about the ISM report for October. The gauge fell 2.3 points to 46.7, which was weaker than all forecasts.
Bloomberg
Blackstone CEO Schwarzman Says Remote Workers Don't Work as Hard
Blackstone CEO Steve Schwarzman, whose firm is one of the largest owners of commercial property, said part of the reason workers are proving difficult to lure back to offices is because they enjoy a lighter workload at home. Speaking...
Bloomberg
'Cautiously Optimistic' on China Fixed Income: Ninety One
Wilfred Wee, portfolio manager at Ninety One, discusses the state of the Chinese economy, the country's real estate debt crisis, and the implications for financial assets. China's main CSI 300 Index slid more than 4% last week, its worst...
Bloomberg
Powell Says Fed 'Proceeding Carefully' on Policy Path
Federal Reserve Chair Jerome Powell said, "given the uncertainties and risks, and how far we have come, the committee is proceeding carefully," as the US central bank considers the path of policy. Powell spoke Thursday to the Economic...
Bloomberg
Core CPI Up for Second Month, Jobless Claims Unchanged
The core CPI increased 0.3% last month as initial jobless claims remained unchanged at 209,000. Mike McKee reports on "Bloomberg Surveillance."
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Press Association
What went wrong at Wilko?
As Wilko's last high street shops shut for good this weekend after the retailer's financial troubles became insurmountable, let's take a look at the chain of events leading to this point. The high street chain fell into administration in...