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Carbon credits pioneer charged with fraud after Channel 4 News probe
A carbon offset pioneer who sold hundreds of millions of dollars in carbon credits has been charged with fraud by US authorities following an investigation by Channel 4 News.
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Heavy job losses as furnace at UK’s largest steelworks shuts down
It’s the end of an era for two major industries in the UK today. The country’s last coal-fired power station will shut down tonight, at Ratcliffe-on-Soar.
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5m
Nearly 2,000 jobs to be lost as Port Talbot braces for closure of blast furnace
It’s the end of an era in Port Talbot, South Wales. From Monday, the last blast furnace will shut down at one of the biggest steelworks in the world, leaving it unable to make its own steel.
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Port Talbot braces for closure of historic blast furnace
The long goodbye to blast furnace no. 4 is nearly over, as Port Talbot stands on the precipice of becoming a ‘steel town’ stripped of its ability to make its own ‘virgin’ steel. It is a huge moment.
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Anti-pylon battle lines forming as government demands green energy revolution
That means pylons – across Norfolk, Suffolk and Essex. And the battle lines are forming. To bury or not to bury, that is the question. Nobody wants to look out on pylons.
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Stagnation and decline if government doesn’t boost investment, warn leading economists
Rachel Reeves has been warned that she needs to “substantially increase” government investment to avoid “a vicious circle of stagnation and decline”.
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EU court orders Apple to pay back billions
The EU’s highest court has ordered Apple to pay back €13 billion to Ireland in one of the world’s biggest ever corporate tax rulings. It’s an expensive knock in the teeth for the technology giant, at a time when competitors are nipping at its heels. And it raises questions once again about Ireland’s low-tax business economy.
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Private landlords leaving the rental market, new research shows
Private landlords look to be leaving the rental market at a record pace, but will this prove to be a problem or an opportunity for private tenants?
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Government promises backing for over 100 renewable energy projects
Over 100 wind farms, solar and tidal wave projects are set to go ahead under a government scheme that provides backing to renewable energy projects.
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Dyson abandons libel case against Channel 4 News over Malaysia worker investigation
Dyson, the home appliances giant, has abandoned its lawsuit against this programme after a two and a half year court battle.
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Dyson abandons libel claim against Channel 4 News report
Channel 4 and ITN today confirm that Dyson has abandoned its libel case against Channel 4 News, after over two years of court proceedings.
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UK households facing slow growth in living standards, new report suggests
UK households are facing another parliament of very slow growth in their living standards, according to new analysis today by the Resolution Foundation
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Will the prime minister raise taxes?
Just how painful will the October Budget be?
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Will Reeves raise taxes after government borrowing surges?
New figures show government borrowing unexpectedly surged in July – adding to the intense pressure on Rachel Reeves as she prepares her first budget.
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8m
Bank of England cuts interest rate to 5%
Good news for homeowners with mortgages as interest rates have been cut for the first time in more than four years.