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Burnham warned Iran war could hit UK growth next year
Posted onAndy Burnham has been warned that the UK economy could barely grow next year if disruption in the Strait of Hormuz continues until the end of 2026. Treasury sources have confirmed that internal modelling presented to the new prime minister and chancellor suggests UK GDP growth could be as low as 0.3% in 2027, as…
‘Failings at every level’ led to botched insulation scheme
Posted onA botched net zero scheme which has caused damp issues in thousands of homes was the result of ”serious failings at every level”, a UK government official has said. Last month, the National Audit Office found that 98% of the 23,000 homes that had external wall insulation installed under two separate schemes will result in…
Hackers delete data stolen in nursery cyber-attack after backlash
Posted onHackers who attempted to extort a nursery chain by posting stolen images and data about children on the darknet have removed the posts and claim to have deleted the information. The criminals began posting profiles of the children to their website last Thursday, adding another 10 children days later and vowing to continue until Kido…
How Saudi Arabias spending spree reached the end of the line
Posted on“The thinking now is to basically get small wins, small successes here and there, instead of these mega projects,” says Abdullah. “Like, for example, the Red Sea island resort of Sindalah could be one small win that they can promote, which is basically a very traditional style of resort, which can still be presented as…
