Similar Posts
HS2 could cost up to £102.7bn and trains will be slower than first planned
Two-thirds of the increase in cost is due to an underestimate of costs by the previous government, inefficient delivery, and to works being missed from the scope of the original plan, according to the government. One third of the increase is due to inflation, Alexander said.
Saltend: Major UK rare earths refinery scrapped in favour of US
Plans for a groundbreaking rare earths refinery in East Yorkshire have been abandoned, after the company behind the project decided to seek investment in the United States instead. Pensana has spent the past seven years developing a rare earths mine in Angola. The $268m (£185m) project, one of the largest of its kind in the…
Boxing Day sales fall flat once again
Faarea MasudBusiness reporter Getty Images Boxing Day sales have seen a muted start as shoppers continued to shun bricks-and-mortar stores in favour of online. By 3pm, visits to UK high streets were down 1.5% on 2024, while shopping centres saw a 0.6% fall, according to data from MRI Software. MRI’s footfall data showed retail parks…
Unemployment rate unexpectedly falls as fewer students look for work
Liz McKeown, director of economic statistics at the Office for National Statistics (ONS) figures, said: “Alongside falling unemployment, the number of people not actively seeking work increased, with data suggesting fewer students seeking work alongside their studies.”
