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Murdochs reach deal in succession battle
A years-long succession battle within Rupert Murdoch’s conservative media empire has drawn to a close, with his son Lachlan set to control the news group. The deal, which the family announced on Monday, will ensure the ongoing conservative leaning of Fox News, The Wall Street Journal and The New York Post even after 94-year-old Rupert’s…
Faisal Islam: Mandelson, Darling and the conversation I cant forget
While the office got built, the bonus tax remained and JP Morgan did not, in the end, stop buying gilts, this episode is an incredible live example of the relative power of government and financial markets, of the actual dynamics of the “bond vigilantes”.
Reeves urged to make Budget ‘bold’ or risk future tax rises
The chancellor should be “bold” in next month’s Budget or risk future spending cuts and tax rises, an influential think tank has said. The Institute for Fiscal Studies (IFS) is projecting Rachel Reeves will need to find £22bn to make up a shortfall in the government’s finances, and will “almost certainly” have to raise taxes….
Busiest Christmas Eve for air travel, says aviation body
Faarea Masud & Simon BrowningBBC News Getty Images The number of passengers passing through UK airports will be the most ever seen on any Christmas Eve since records began in 1972, the Civil Aviation Authority (CAA) said. It projects over 335,000 people will be flying in the UK on Wednesday, which is up 5% from…
How is the Budget affecting businesses in Surrey?
Zac Sherratt,South East, Adrian Harms,Dorkingand Jack Fiehn,Farnham BBC Pub landlord Martin Groves said the Budget ‘could have been a lot worse’ Businesses in Surrey have given mixed reactions to Chancellor Rachel Reeves’ Budget, which outlined spending and taxation plans for the years ahead. Key measures announced on Wednesday include scrapping the two-child benefit cap, freezing…
