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Commuters will be affected by more than just strikes in 2023
Shell profits soar 53% to new record high amid growing calls for windfall tax The Independent says Shell recorded the highest profit in its 115-year…
Shell reports highest profits in 115 years Shell has reported record annual profits after energy prices rocketed last year following Russia’s invasion of Ukraine. Profits…
King Charles will not appear on new Australia $5 note King Charles will not appear on Australia’s new five-dollar note, the country’s central bank announced. …
FT – UK alone in heading for recession as other big economies grown, IMF says The IMF report is the leading story for the Financial…
Tesco to make big changes to stores, affecting 2,100 jobs The Guardian says Tesco has announced a shake-up of its shop management in large UK…
UK to be only major economy to shrink in 2023, IMF predicts The International Monetary Fund (IMF) has predicted the UK economy will be the…
City AM – Tax trouble sees Sunak sack Zahawi London business paper City AM leads – like most of Monday’s newspapers – with the sacking…
Financial Times – Sunak sacks Tory party chair Zahawi over ‘serious breach’ of ministers’ code All of todays newspapers are dominated by the sacking of…
UK homes cancelled 2m streaming services last year as cost of living crisis soared More than 2 million subscriptions to services such as Netflix, Prime…
FT – Rolls-Royce’s new chief sees group as ‘burning platform’ that depletes value Financial Times says Rolls-Royce’s new chief executive has told employees the group…
UK chancellor Jeremy Hunt prioritises stability over tax cuts FT says Jeremy Hunt, Britain’s chancellor, has issued a message to small-state Tory MPs that they…
Hundreds of thousands paying wrong tax fines Almost 400,000 self-employed Britons on low incomes are being penalised for filing their tax returns late when most…
Royal Mail says strikes have cost them £200m The recent wave of postal strikes that have swept the UK have cost the Royal Mail £200m…
UK car production falls to lowest for 66 years UK car production – the number of cars made in the UK – fell sharply again…
Striking Amazon workers have ‘nothing to lose’ in first UK walkout, says union The Independent says Amazon workers staging their first ever strike in the…
Microsoft has reported ‘new highs for Game Pass subscriptions’ but won’t actually say what they are.
Eurostar carrying 1/3 fewer passengers between UK and Paris The Eurostar boss Gwendoline Cazenave has said its trains between the UK and Paris are carrying…
Elon Musk on trial in fraud case – the controversial $40m tweet A controversial 2018 tweet from Elon Musk has seen the Tesla owner on…
FT – Zahawi fights for political life over tax scandal as Sunak orders ethics review The Financial Times says Mr Zahawi is fighting for his…
‘The UK may already be in what has been one of the mostly widely anticipated recessions in living memory.’
CITY AM – No room for tax cuts in budget CITY AM reports that economists are predicting that tax cuts look unlikely in the upcoming…
FT – Eurozone to avoid recession in 2023 as energy prices and China boost outlook The Financial Times says the eurozone is forecast to defy…
The Economist – Turkey’s looming dictatorship The Economist says TURKEY matters not just for its size, but also as a bellwether of the political forces…
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