BBC News says up to eight more nuclear reactors could be built on existing sites as part of the UK’s new energy strategy.
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Breaking Business News from the UK and around the world. Covering issues such as personal finance, company formation, and financial and economic news.
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Highlights from all the main sources FT.com, BBC Business, Independent, Guardian, and Bloomberg News services.
We will bring you the latest Business News from the UK and around the world. Including information pertinent to Small and Medium-sized Businesses (SME) and legal information concerning business and tax law.
We will incorporate the financial indexes from all the important financial global stock exchanges.
BBC News says the burden of tax falling on workers and employers has increased as a hotly-debated rise in National Insurance payments takes effect.
TRT World says Elon Musk is joining Twitter’s board of directors a day after disclosing that the Tesla CEO took a 9 percent stake in the social media platform.
The Guardian says EasyJet cancelled more than 200 flights over the weekend with disruption expected to last into this week, leaving some passengers stranded amid travel chaos.
Sky News says the UK economy grew at a rate of 1.3% in the last three months of 2021, a faster pace than first thought and bringing GDP to just below pre-pandemic levels.
The Guardian says UK house prices grew at the fastest annual pace since 2004 in March, continuing the ascent to new record levels – a fifth higher than at the start of the coronavirus pandemic.
The Independent says the UK economy grew at a faster pace than first thought in the final three months of 2021 despite the spread of the Omicron variant of coronavirus, according to official figures.
The Guardian says the UK’s poorest families will see the amount of spare cash at their disposal drop by a fifth this year with £850 less to spend on non-essentials as shop prices hit a decade high.
Euronews says Spain is readying a package of emergency economic measures worth €6 billion in direct aid and tax breaks and €10 billion in loans for families and businesses.
BBC News says ministers plan to force all ferry operators operating from UK ports pay at least the National Minimum Wage, in a bid to persuade P&O Ferries to reinstate 800 workers it has sacked.
The Guardian says Rishi Sunak has sought to defend his mini-budget against accusations he failed to shield Britain’s poorest families from the worst hit to living standards in six decades.
BBC News says Chancellor Rishi Sunak has set out measures aimed at combating soaring energy, food and fuel prices, in his Spring Statement – resisting calls to scrap April’s National Insurance hike.
The Guardian says Britain’s annual inflation rate rose to 6.2% in February and now stands at its highest level in three decades.
The Guardian says Ferry operator P&O has revealed it is paying £36.5m to cover compensation for the 800 seafarers it sacked without warning.
BBC News says the US has agreed to ease Trump-era tariffs on UK steel and aluminium shipments, resolving an issue that had strained relations between the allies.
BBC News says Indian agency workers hired to replace P&O Ferries crews in Dover are being paid £1.81 an hour, a union claims.
The Guardian says Ministers and trade unions have condemned P&O Ferries’ mass sacking of 800 British seafarers to replace them with agency crew.
The Independent say Cineworld has said a “strong” slate of films at the end of 2021, including James Bond film No Time To Die and Spider-Man: No Way Home, helped audience numbers to rebound sharply.
Arab News says on Tuesday, oil prices fell to a two-week low following continued ceasefire talks between Russia and Ukraine.
The Guardian says the poorest households in the UK could see their cost of living jump by as much as 10% by this autumn if Russia’s invasion leads to a prolonged conflict.
TRT World says McDonald’s, Starbucks, Coca-Cola, PepsiCo and General Electric –– ubiquitous global brands and symbols of US corporate might.
The Independent says the economic fallout from conflict in Ukraine will help trigger the biggest fall in living standards for Brits since the mid-1970s, according to the Resolution Foundation, a leading think tank.
The Independent says Oil prices soared on Sunday to their highest point since mid-2008, as the global market continued to suffer the consequences of Russia’s assault on Ukraine.
The Metro says some 2,000 workers at Sainsbury’s may lose their jobs after the supermarket is set to shut around 200 of its in-store cafes.
The Guardian says MPs will get a £2,200 pay rise from next month, sparking a backlash given the change will coincide with the national insurance hike and a growing “cost of living crisis”.
