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Heathrows plan for longer third runway chosen by government
Posted onHeathrow Airport’s plan for a third runway, which involves moving the M25 motorway, has been chosen by the government. Two plans had been under consideration – one from the airport itself, and another from Arora Group, led by hotel tycoon Surinder Arora. Heathrow had proposed a new runway which would be up to 3.5km (2.2…
Stamp duty: Five ways abolishing the tax could change the housing market
Posted onKevin PeacheyCost of living correspondent Getty Images The debate around stamp duty is intensifying. When Kemi Badenoch said a future Conservative government would abolish it on the purchase of main homes, it went down well at the Tory Party conference. There has also been speculation that the Chancellor, Rachel Reeves, is considering replacing it. Scrapping…
ITV in talks to sell television business to Sky
Posted onFaarea MasudBusiness reporter Getty Images ITV has said it is in “preliminary” discussions to sell its television business to Sky for £1.6bn. The talks focus on ITV’s Media and Entertainment division, which include its TV channels as well as its streaming service, ITV X. The discussions with Sky, which is owned by US-based Comcast, come…
Driving test rules to change in bid to stop bots booking slots
Posted onEmer Moreau,Business reporter and Katy Austin,Transport correspondent Getty Images The backlog of driving tests grew after the covid-19 lockdown Only learner drivers will be able to book driving tests in plans aimed at reducing long waiting lists and preventing slots being sold at inflated prices. Transport Secretary Heidi Alexander said limiting third parties from reselling…
Trucking’s uneasy relationship with new tech
Posted onSam Gruet Technology Reporter Getty Images Digital trucking apps look to minimise trucks without cargo When Jared first started out in trucking more than two decades ago, he didn’t anticipate he’d be on tour with a country music star, hauling guitars, amps, and other pieces of on-stage equipment. “It just happened, right place, right time,”…
Rachel Reeves should avoid ‘half-baked’ tax fixes in Budget, says IFS
Posted onMichael Sheils McNameeBusiness reporter EPA Chancellor Rachel Reeves should avoid “directionless tinkering and half-baked fixes” when trying to boost the government’s tax take in next month’s Budget, a leading think tank has said. Taxes are widely expected to go up in the Budget, with pressure on the chancellor to raise money in order to meet…
