Author: WTX News Editor

The WTX News Teams works around the clock to deliver, breaking news and news Briefings to you on a daily basis. It is our opinion that sometimes you need information, not speculation so we try to cut through the bull**** and give you that in your Daily News Briefing.

PwC, administrator of Lehman’s London arm since bank’s failure in 2008, secures three more years to finish process Administrators will spend at least three more years winding up the London-based arm of Lehman Brothers, swelling the almost £1.1bn in fees that PwC has already raked in since the bank’s calamitous collapse in 2008. PwC has secured court approval to extend the administration process for the investment bank’s European hub to 2025, given the “complexity of…

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Plan will bring Durham, Northumberland, Gateshead, Sunderland, Newcastle, South Tyneside and North Tyneside under control of one mayor A £1.4bn devolution deal for the north-east of England would bring seven local authority areas under the control of an elected mayor in 2024, Michael Gove has announced. The levelling-up secretary set out the £48m-a-year deal for Northumberland, Durham, Newcastle, South Tyneside, North Tyneside, Gateshead and Sunderland on Wednesday after months of negotiations over the new devolved…

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Visit the Paris Christmas lights Paris is a beautiful city and has its own brand of magic at Christmas time. The city of lights is lit even brighter over the festive period and each district of the famous city has something festive going on. There’s plenty to see whilst taking in the Christmas lights, making Paris one of the best city’s to stroll around during the winter. There’s window shopping, outdoor market stalls and plenty…

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Company’s oil and gas investments for 2023 will be as much as double those on renewables BP has been accused of prioritising fossil fuels over green energy as it plans to spend as much as double the amount on oil and gas projects than on renewable investments next year. The FTSE 100 company has earmarked up to $7.5bn (£6.2bn) for oil and gas projects, compared with a range of $3bn to $5bn for green energy.…

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Calls for more funding as potential surge in demand for services in England threatens to put unsustainable pressure on system More people will be shut out from mental health services if no new cash is invested in the next two years, experts have warned. Sean Duggan, chief executive of the mental health network at the NHS Confederation, which represents the health and care system in England, Wales and Northern Ireland, said that a lack of…

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