By Nicholas Earl The Government has named a Nottinghamshire power station as the home for the UK’s prototype fusion energy plant. West Burton power station will host ‘STEP’ (Spherical Tokamak for Energy Production), which aims to be built by 2040. Fusi…
‘What a day!’: Kwarteng says his plan created ‘turbulence’, but it’s ‘not irresponsible’
By Stefan Boscia Kwasi Kwarteng has said he will focus on “delivering the major parts of our growth package” in the wake of his U-turn on tax cuts for the UK’s highest earners, while insisting his plans are “not irresponsible”. The chancellor said that…
England series is great preparation for World Cup but tour meant more
By Matt Hardy England’s highest-ranked batter Dawid Malan hit 78 not out as Moeen Ali’s Twenty20 side won the final match of their tour to Pakistan and claimed a highly competitive seven-game series 4-3 last night. With the series on a knife-edge follo…
Rees-Mogg hints government will merge financial services regulators
By Stefan Boscia Jacob Rees-Mogg has hinted the government will merge the UK’s financial services regulators, after the Prime Minister’s team spoke about the move during summer. It was reported during the Tory leadership contest that Truss wanted to ro…
Minister says Rees-Mogg wants to ditch ‘all business regulations’ for SMEs
By Stefan Boscia Business secretary Jacob Rees-Mogg wants to scrap all business regulations for SMEs with under 500 employees, according to a Treasury minister. Chief secretary to the Treasury Chris Philp told a fringe event at the Tory party conferenc…
Not a good look: PIRC advisory group scrutinises golden goodbye for JD Sports boss
By Emily Hawkins An influential shareholder advisory group has said JD’s payout to former boss Peter Cowgill is “not a good look” for the sportswear retailer. Former JD Sports’ boss Peter Cowgill will receive a £6.4m ‘golden goodbye’ after making his d…
London Marathon: Yehualaw and Kipurto win in the capital
By Matt Hardy Both the men’s and women’s London Marathon races were won by maiden victors today as Kenya’s Amos Kipruto and Ethiopia’s Yalemzerf Yehualaw claimed inaugural titles on the Mall this afternoon. In one of the biggest marathons on the circui…
Michael Gove says Truss tax cuts are ‘not Conservative’
By Stefan Boscia Michael Gove has savaged Liz Truss and Kwasi Kwarteng’s recent mini-Budget, labelling the debt-funded tax cuts as “not Conservative”. The Tory big beast said the package – which included an abolition of the top 45p band of Income Tax w…
Forex trading interest remains popular as currencies fluctuate in 2022
By Darren Parkin by Justin Grossbard, co-founder and CEO of CompareForexBrokers Foreign exchange is still the most popular market in the world. A global analysis of retail investors has revealed which countries have the highest turnover and which are e…
Ukraine’s forces push Russia out of key stronghold
By Nicholas Earl Russian forces have withdrawn from Lyman, after Ukrainian forces closed in on the Donetsk town. Russia’s Ministry of Defence said: “Allied forces were withdrawn from the settlement of … Lyman to more advantageous lines because of the c…