Author: News Desk

New chancellor made no mention of policy in economic update, but Treasury sources confirm he will go ahead with controversial move The new chancellor, Jeremy Hunt, is pressing on with plans to scrap the bankers’ bonus cap, protecting one of the most divisive policies from his predecessor’s disastrous mini-budget. Hunt made no mention of the EU-imposed cap, which limits payouts to two times bankers’ salaries, in his economic update on Monday in which he reversed nearly all of Kwasi Kwarteng’s 23 September announcements. Continue reading… ​New chancellor made no mention of policy in economic update, but Treasury sources confirm he…

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  Amid the financial turmoil caused by former Chancellor Kwasi Kwarteng’s mini-budget announcement last month, Nicola Sturgeon has said independence will free Scotland from the UK’s failing economic model. ​Amid the financial turmoil caused by former Chancellor Kwasi Kwarteng’s mini-budget announcement last month, Nicola Sturgeon has said independence will free Scotland from the UK’s failing economic model. 

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Improved offer came as Unite union prepared to ballot members for industrial action Workers at London’s biggest bus operator, Go-Ahead, have secured a 10.5% pay deal, heading off the threat of more industrial action in the capital. About 7,700 bus staff, both drivers and engineers, will benefit from the increase, which is slightly ahead of current CPI inflation. Continue reading… ​Improved offer came as Unite union prepared to ballot members for industrial actionWorkers at London’s biggest bus operator, Go-Ahead, have secured a 10.5% pay deal, heading off the threat of more industrial action in the capital.About 7,700 bus staff, both…

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