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Gatwick airport second runway approved by transport secretary
Posted onKaty AustinTransport correspondent and Jamie WhiteheadBBC News PA Media Transport Secretary Heidi Alexander has approved plans for a second runway at London Gatwick Airport, as the government looks for economic growth opportunities. The £2.2bn privately-financed project involves in effect moving the current Northern Runway 12 metres to bring it into regular use, as well as…
Even if Iran war ends now farmers costs will have to be passed on
Posted onPatrick Crehan buys fuel on behalf of a 3,500 member consortium, who are mainly agricultural farmers. Before the conflict, he was paying around 70p a litre. Just before the ceasefire, he was paying around 130p a litre, though that has fallen back a little since Wednesday.
Airbnb and local councils crack down on social home listings
Posted onUnder the data-sharing programme, coordinated by the Public Sector Fraud Authority within the Cabinet Office, local authorities across London, as well as Edinburgh City Council, Birmingham City Council and Anglesey Council will work with Airbnb and listings confirmed as operating without permission will be removed. David Harvey from Westminster City Council, said the authority believes…
Government borrowing costs jump on reports of Reeves dropping income tax rise
Posted onReuters UK government borrowing costs have risen in reaction to reports the chancellor will not increase income tax in the upcoming Budget. The interest rate on 10-year government bonds, known as the yield, jumped to 5.56% from 5.44%, indicating the cost to government if it chose to borrow over this length of time. The jump…
