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US considers lifting sanctions on some Iranian oil
Posted on“To put it mildly, this is bananas,” said David Tannenbaum, director of Blackstone Compliance Services, a consultancy specialising in maritime sanctions. “Essentially we’re allowing Iran to sell oil, which could then be used to fund the war effort.”
Nissan Leaf production starts in Sunderland
Posted onEve Connor,North East and Cumbriaand Andy Watson,in Sunderland BBC The new Leaf will be built in Sunderland and powered by batteries also manufactured nearby Car manufacturer Nissan has started building its new electric Leaf at its UK factory. The government said it was the first new high-volume car to be built in the country since…
Leon to close stores and cut jobs in restructure
Posted onLeon has announced it will close several of its restaurants and cut jobs as part of a major restructure of the High Street food chain. The company has appointed Quantuma as administrators after Leon’s original co-founder John Vincent reacquired the company last month from Asda. The move places the future of the worst performing of…
Betfred says all its shops may close if Reeves hikes gambling tax
Posted onAll 1,287 Betfred shops could disappear from the UK High Street if Chancellor Rachel Reeves hikes taxes on gambling firms, the company’s co-founder and chairman has told the BBC. Fred Done, who set up Betfred in 1967 with his brother, said a closure of that size would put 7,500 jobs at risk. The billionaire businessman…
Lib Dems propose energy price discounts for all households
Posted onCooper said energy network firms, the private companies that own the pylons, cables and pipes supplying domestic users, “operate as total monopolies” and her party believed the regulator should force them “to pay back” what she said were windfall profits and not the product of investments they had made.
