US culture war show comes to London – and strikes a chord with European populists
St Pancras and Channel tunnel plan rail routes to Germany and Switzerland
St Pancras railway station in London and the Channel tunnel operator have agreed to work together to open up more trains from Britain to France, and routes to Germany and Switzerland.The agreement is the latest sign of growing momentum for new passenger rail links from England across the Channel, after Great Britain’s only international station announced plans to triple the number of people who can travel through every hour.St Pancras station is looking at ways to nearly triple the number of passengers passing through at peak times from 1,800 to 5,000, in an effort to open up more services to France and routes to Germany and Switzerland.London St Pancras Highspeed (LSPH) – the company formerly known as HS1 that runs St Pancras – and Getlink, the Paris-based Channel tunnel operator, said they would work together to shorten journey times, improve timetable coordination, align on growth strategies and introduce more trains each hour for international services in each direction.In January the rail regulator for Great Britain, the Office of Rail and Road, forced HS1 to cut the prices it charges rail companies for using its track between St Pancras and the tunnel to try to encourage new entrants
Elon Musk rebuffs claims that Tesla could invest in Nissan
Elon Musk has rebuffed the idea that Tesla could put money into the struggling carmaker Nissan, after a report that said a Japanese group was seeking its investment sent shares soaring.Nissan’s stock market value jumped by 9.5% on Friday after claims that the former prime minister Yoshihide Suga was among those who want the US electric carmaker to become a strategic investor, possibly in exchange for Nissan’s American factories.Musk immediately appeared to reject the idea, but his comments came after Nissan’s shares had closed trading in Tokyo at ¥458.80 (£2
Rachel Reeves given smaller than expected £15bn tax boost to UK finances
A rise in self-assessment and capital gains tax receipts gave the UK’s public finances a smaller than expected £15.4bn lift in January.The surplus is still the highest since records began in 1993 and a reversal of December’s slump, when the public finances slid to a £17.8bn deficit.In a blow to the chancellor, however, last month’s figure came in below the predictions of City economists and the government’s independent forecaster, the Office for Budget Responsibility (OBR), who had expected a surplus of £20bn
UK lenders paid car dealers cash upfront that may have led to costlier loans
UK lenders paid “advance commissions” to car dealers that may have encouraged them to push costlier loans on to consumers, legal filings linked to the motor finance scandal reveal.Court documents seen by the Guardian show that lenders, including Lloyds Banking Group, have paid commission to individual dealerships in lump sums upfront, which campaigners say total millions of pounds.The filings claim that the practice encouraged sales staff to funnel contracts to those specific loan providers, regardless of whether it resulted in more expensive payments for the buyer.These advance commission arrangements were not explicitly disclosed to borrowers and “created stark conflicts of interest” that stood to harm customers, the filings claim.Failing to sell enough loans to earn all the pre-paid commission resulted in negative consequences for the dealers, it is alleged, such as problems with profitability, cashflow or the relationship with the lender
Britain lost 100 breweries last year, says ‘indie beer’ trade body
The number of independent breweries in Britain declined at its fastest rate in 2024, figures from the “indie beer” trade body suggest.The UK had 1,715 breweries at the end of 2024, 100 fewer than at the start of the year, according to the data released by Siba, which represents independent brewing companies. The overall fall the previous year was just eight.While Siba’s UK brewery tracker is only in its third year, the data it uses is comparable to figures from the real ale group Camra, because they both count only companies that are actually producing beer.Although the rate of closures slowed during the year, the drop recorded in 2024 is larger than any single-year decline recorded by either Siba or Camra
UK hiring on the rise as confidence lifts, research suggests
Companies have ramped up hiring in recent weeks while consumer confidence has started to rise, research suggests, in a boost for Rachel Reeves as the government looks for signs of economic growth.The chancellor has received a fillip after the market research company GfK’s consumer index improved from -22 in January to -20 in February as households said they were more optimistic about their personal finances and the economic outlook.A separate survey of employers by the Recruitment and Employment Confederation (REC) found that companies had increased hiring in January for the first time since last June.The studies are in contrast to recent official figures and gloomy reports from business groups that showed the job market worsening.Businesses have complained that increases in employers’ national insurance and the national minimum wage – due in April – together with planned improvements to workers’ employment rights have forced many firms and charities to consider layoffs and hiring freezes
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