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Decision to run Manchester to London ghost train uninformed, regulator admits
Posted onKaty AustinTransport correspondent Getty Images The rail regulator has admitted it “did not have all the facts” when it decided to not allow passengers on a peak-time train service between Manchester and London. The Office of Road and Rail (ORR) said it was missing “critical points” when it made a decision that would have turned…
UK drug price rises ‘necessary’, says Lord Patrick Vallance
Posted onThe 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…
The one measure that can tell us a lot about the state of the UK economy
Posted onFaisal IslamEconomics editor Reuters Shoppers on Oxford Street during the Boxing Day sales A new year, a new beginning. The latest monthly figures on the economy hardly confirm a change of gear, but nor do they back up the worst doom-mongers claiming decline and recession. It is neither doom nor boom, but a new year…
Why youth unemployment is rising
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