Steelworks costing £1.3m a day to run
The government spent £377m to keep British Steel’s Scunthorpe site operating, according to a report. Source: Original News
Category: Business
Read More
Banknotes, beavers and a very British backlash
Politicians are furious Churchill will be replaced on banknotes. The RSPCA wants rats and pigeons to feature. Source: Original News
Firms to be paid to hire unemployed young people
Payments of £3,000 for each 18-24 year old given a job are among proposals to tackle youth unemployment being announced later. Source: Original News
Ukraine’s urgent fight on the financial frontline
The war-torn country is battling to secure crucial funding from the IMF and EU, as well as putting up taxes. Source: Original News
Starmer to set out support plan for heating oil costs
Households have faced a sharp rise in the cost of heating oil since the outbreak of the US-Israeli war with Iran. Source: Original News
New US trade probe targets EU, Canada, UK over forced labour
The US said it would examine whether countries are effectively blocking goods made with “forced labour”. Source: Original News
Why has Trump eased sanctions on Russian oil – and will it help Putin?
The US said easing sanctions on Russian oil would provide only a limited financial boost to Putin. Source: Original News
Petrol retailers in row with government over ‘rip off’ accusations
They briefly threatened to pull out of a government meeting, accusing ministers of using “inflammatory language” over rising fuel prices. Source: Original News
Judge says ‘no evidence’ to justify Federal Reserve probe
Jeanine Pirro said she would appeal the ruling, which blocks the subpoenas she issued to the central bank. Source: Original News
‘We’re not profiteering on fuel. But my staff still face abuse’
Independent retailer Goran Raven says the higher oil price is “horrific” for him as well as his customers. Source: Original News