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World Cup expected to be the biggest betting event in history
UK-based gambling reform campaigner Matt Zarb-Cousin punters betting on the World Cup will be “cross-promoted more addictive casino content”. And he pointed to a National Centre for Social Research report showing that, in the UK, 79% of gambling company winnings came from the top 10% of spenders, those who wagered at least £5,639 in a…
UK drug price rises ‘necessary’, says Lord Patrick Vallance
The price the NHS pays for medicines will need to rise to stop a wave of pharmaceutical investment leaving the UK, science minister Patrick Vallance has said. His comments follow several recent announcements from some of the world’s largest drug companies either pausing or scrapping UK projects. Critics in the sector say low prices for…
ECB holds interest rates at 2%
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Central Bank has left its benchmark interest rate unchanged at 2 per cent for the fourth meeting in a row but raised its growth forecast for the Eurozone. Thursday’s rate decision was in…
Minister defends pragmatic U-turn on workers rights
Paul SeddonPolitical reporter PA Media The education secretary has defended Labour’s U-turn over offering all workers the right to claim unfair dismissal from their first day in a job. Instead, ministers now plan to reduce the qualifying period from the current two years to six months, in line with a deal agreed by some unions…
Petrol price: Whats driving Northern Irelands falling fuel costs?
“Locally, the prices are very much linked to geopolitical instability, they’re linked to supply and demand at global level… and money markets, currency exchange rates, which again there’s no ability for people in Northern Ireland to control,” explained Smyth.
