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Ed Davey promises tax cuts for millions if UK rejoins EU single market
Posted onThe Liberal Democrats will fight the next general election on a promise to cut taxes for millions of workers, Sir Ed Davey has said in a speech to his party conference. The Lib Dem leader said that if he gained power, he would raise the annual tax-free personal allowance to £15,000. He would also raise…
Oil briefly falls below $100 and shares jump on Trump Iran war pledge
Posted onOil prices have surged as much as 64% in March – when they reached nearly $120 a barrel – in the biggest monthly gain since 1990 when Iraq’s invasion of Kuwait took both countries’ oil off the market, resulting in an energy supply shock, said Nicolas Daher from the Economist Intelligence Unit.
Nature is not a blocker to housing growth, MPs find
Posted onPritti Mistry,Business reporter and Marc Ashdown,Business correspondent Getty Images Nature is not a blocker to housing growth and the government risks missing both its housing and nature targets if it views it as one, a cross-party group of MPs has warned in a new report. The Planning and Infrastructure Bill overrides existing habitat protections, which…
Japan movie releases postponed in China after Taiwan row
Posted onThe releases of at least two popular Japanese films have been postponed in China as the countries are locked in a dispute over Prime Minister Sanae Takaichi’s remarks about Taiwan. The delayed releases include Cells at Work! and Crayon Shin-chan the Movie: Super Hot! The Spicy Kasukabe Dancers, Chinese state media CCTV said. Cinema tickets…
Next wins key appeal to overturn £30m equal pay ruling
Posted onNext has won an appeal allowing it to keep paying warehouse workers a higher hourly rate than shop floor staff in a long running battle over equal pay. The Employment Appeal Tribunal has overturned a key part of a landmark ruling in 2024 which found the retailer was wrong to pay its warehouse staff higher…
