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UK fiscal headroom wiped out, NIESR warns
Read the full story: UK fiscal headroom wiped out, NIESR warnsUK fiscal headroom has already been exhausted, according to new forecasts. Fresh analysis from NIESR shows weak growth, rising unemployment, and higher labour costs are eroding the Chancellor’s budgetary margin, prompting warnings from business leaders about the impact on hiring and investment.
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Industrial giants launch global carbon framework
Carbon Measures coalition to enhance carbon accounting frameworks. A coalition…
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UK launches ‘Sterling 20’ club to drum up investment
The UK government has unveiled the “Sterling 20” initiative. It…
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China imports no US soybeans in September for first time in seven years
China imported zero soybeans from the United States in September…
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Shadow energy secretary criticises net zero targets
Shadow energy secretary criticises Labour’s net zero targets as harmful.…
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Fintech industry challenges banking watchdog
UK fintech industry body criticises banking watchdog over regulation. Innovate…
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L&G unveils £2bn plan for 24,000 jobs
Legal & General plans £2bn UK investment to create jobs.…
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US regulators abandon climate risk rules for banks
US banking regulators withdraw climate risk management framework for banks.…
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Leadership —
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Lloyds appoints new London ambassador
Lloyds Banking Group appoints Ajneet Jassey as its new London ambassador. The bank has named the senior legal executive to focus on housing delivery, business growth, and technology engagement across the capital.
