The government is expected to push ahead with a contentious plan to limit the amount of money that savers can put into cash Isas each year as part of efforts to revive Britain’s troubled stock market, Ben Martin writes. There has been speculation for months that Rachel Reeves, the chancellor, will reform the rules governing…
The Co-op will stop sourcing carrots from Israel and a number of other products from other “countries of concern” such as Russia. The supermarket chain said it would stop sourcing produce, where possible, from countries where there are “internationally recognised community-wide human rights abuses and violations of international law”. The 17 countries on its list…
President Trump is likely to have “already taken the decision to hit” Iran’s Fordo nuclear facility, according to Sir Niall Ferguson, the Milbank family senior fellow at the Hoover Institution, Stanford University, and a senior faculty fellow of the Belfer Center for Science and International Affairs at Harvard.Ferguson told The Times CEO Summit: “My Israeli…
Key moments Inflation cools in May to 3.4% FTSE 100 to open 8.5 points higher, with focus on Middle East US Federal Reserve set to hold interest rates Sign up for our daily business newsletter here Consumer price inflation dips The rate of growth in UK inflation dipped to 3.4 per cent in May, down…
Key moments Wage growth slows, and the unemployment rate rises Thames Water’s senior creditors submit a £5 billion rescue plan Asian shares buoyed as US-China trade talks continue for a second day in London Wage growth cools and jobless rate rises to 4.6% UK wage growth slowed in the three months to April and unemployment…
Key moments The FTSE 100 is forecast to open flat despite markets rising in Asia on hopes of an easing in trade tensions US Treasury Secretary Scott Bessent and other top Trump aides meet their Chinese counterparts in London on Monday for talks to resolve the trade war between the nations Nvidia has unveiled UK…
What you need to know KKR has pulled out of talks to rescue troubled Thames Water OECD gives its latest forecast on Britain’s growth prospects at 8am Later today Andrew Bailey, the Bank of England governor, gives evidence before the Treasury select committee about last month’s interest rate decision KKR abandons Thames Water rescue The…
Angus Robertson, the Scottish constitution secretary, said Labour had struck a deal on fishing “without any recourse, involvement or approval of devolved administrations”. He tweeted: “Scottish government received no documentation or draft proposals in advance. I asked UK minister last week for this. Nothing received. Reset?” A Scottish fishing industry body has described the 12…
The problem with cutting care worker visas is the sector is “really badly paid”, the immigration advisory committee chairman has said. Brian Bell told the BBC’s Today programme: “Lots of workers earn exactly minimum wage. Progression is really bad. “Five years in social care you’re probably going to get about 5p extra per hour relative…
Will we hear from Sir Keir Starmer in the Oval Office? The White House pushed back the time of the meeting by 30 minutes amid speculation that a call was being arranged with the prime minister during the event to announce the deal. Sources at the WHite House, where I am waiting to see the…