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Government to water down business rate rise for pubs
Posted onThe government is poised to announce a climbdown on forthcoming increases to the business rates bill faced by pubs. In the coming days the government is expected to say it will make changes to how pubs’ business rates are calculated, resulting in smaller rises to bills. Treasury officials say they have recognised the financial difficulties…
EES: Stop pretending EUs new border system is working, says airports chief
Posted on“We urgently need full flexibility for border control authorities to suspend the EES whenever needed to avoid further chaos – along with a rethink of those processes,” Schulte said. “This is about showing respect and decency for those who chose to travel to the EU, and safeguarding our reputation as a welcoming and efficient destination.”…
How Europe is vying for rare earth independence from China
Posted onJonathan Josephs Reporting fromLa Rochelle, western France BBC Solvay’s rare earths processing facility in western France is one of only two in Europe For almost 80 years rare earth metals have been pumped out of this industrial plant in La Rochelle on France’s west coast. But as the materials become more and more crucial to…
US Fed holds interest rates and defends central bank independence
Posted onTwo Fed officials voted in favour of an interest rate cut – Stephen Miran, who is on leave from his post at the White House where he leads Trump’s Council of Economic Advisers, and Christopher Waller, a Trump appointee whose name has been floated as contender to succeed Powell.
