Finance news

• Scrapping HS2 will damage trust in Britain, warn US buyers of Birmingham City

  25-09-2023 22:15 via ft.com
  Owners of Tom Brady-backed football club say truncating rail line will shake investor confidence
  
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• Gatwick cancels more than 160 flights because of ATC staff shortages

  25-09-2023 20:11 via ft.com
  London’s second-busiest airport to impose cap on departures and arrivals for rest of week
  
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• Bank of England studies sweeping reform of forecasting

  25-09-2023 19:37 via ft.com
  UK central bank indicates review by Ben Bernanke could result in process similar to that used by US Fed
  
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• Common global rules needed ahead of ‘flying taxi’ boom, UK regulator says

  25-09-2023 16:50 via ft.com
  Civil Aviation Authority head forecasts that air travel is on the brink of ‘new revolution’
  
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• Why has Leeds, birthplace of the tram, ground to a halt?

  25-09-2023 13:00 via ft.com
  For decades, the council has failed to return light rail to the largest city in western Europe without a mass transit system
  
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• Strike pay soars as UK union leader focuses on industrial action

  25-09-2023 12:52 via ft.com
  Unite has been involved in 950 disputes since Sharon Graham took over two years ago and has handed £30mn to striking members
  
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• Millions to get Christmas Bonus from DWP this year - check if you're eligible

  25-09-2023 12:20 via express.co.uk
  
  The Christmas Bonus is a one-off tax-free £10 payment made in December to people who receive certain DWP benefits.
  
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• ‘I sold my car when told it broke ULEZ rules – then TfL changed their minds’

  25-09-2023 11:44 via express.co.uk
  
  By the time Ajay Purbhoosing was told his car was both LEZ and ULEZ compliant, he had sold the car to its new owner.
  
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• British Business Bank reports £147m losses but boss insists taxpayers get ‘good return'

  25-09-2023 11:39 via express.co.uk
  
  The development bank blamed wider issues in the economy for a drop in the value of the businesses it has poured money into.
  
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• No interest rate cut for a year! Mortgage blow as BoE to freeze at 5.25% ‘until 2025'

  25-09-2023 11:01 via express.co.uk
  
  The Bank of England finally offered some relief to struggling mortgage borrowers last week by freezing interest rates at 5.25 percent, but it could be a long time before rates start to fall.
  
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• Leeds Building Society launches two savings accounts with 'extremely competitive' rates

  25-09-2023 10:42 via express.co.uk
  
  Easy access savers can now benefit from market-leading interest rates with Leeds Building Society's online savings account and online ISA.
  
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• Iceland launches new savings scheme to help your shop go further this Christmas

  25-09-2023 10:25 via express.co.uk
  
  Iceland's Bonus Card Christmas Savings scheme helped shoppers pocket over £5million in 2022 and is returning for Christmas 2023.
  
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• State pension increases should be linked to MPs pay if triple lock scrapped, petition says

  25-09-2023 10:18 via express.co.uk
  
  The petition has cited politicians branding the triple-lock unsustainable and suggests linking rises to MPs' pay rise instead.
  
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• UK councils missing energy efficiency targets for social housing, non-profit says

  25-09-2023 06:00 via ft.com
  Findings come days after ministers scrapped plans to force private landlords to upgrade their properties by 2028
  
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• UK councils missing energy efficiency targets for social housing, charity says

  25-09-2023 06:00 via ft.com
  Findings come days after ministers scrapped plans to force private landlords to upgrade their properties by 2028
  
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• Big Four shed UK staff after pandemic hiring boom

  25-09-2023 06:00 via ft.com
  ‘Overhiring’ in some areas has led consultancies to make job cuts, recruiters and analysts say
  
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