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Press Round-Up Short (Premium)
04 Jul
Friday newspaper round-up: UK chemical plants, home workers, BAE Systems

A Cheshire chemicals factory is to start capturing carbon dioxide on an industrial scale from energy generation in what is described as the UK’s first major use of the emissions-reduction technology. Tata Chemicals Europe (TCE) hopes to capture 40,000 tonnes of the greenhouse gas per year, reducing its annual emissions by 10% and providing it with a supply of high-purity carbon dioxide that could be used in products ranging from glass and washing detergents to pharmaceuticals and food.

04 Jul
Thursday newspaper round-up: BNPL, Britishvolt, Reckitt, Rolls-Royce

Almost a third of shoppers who use buy now, pay later credit say repayments on the loans have become “unmanageable”, with the cost of living crisis pushing them into a debt spiral, new research has found. Consumers are spending more via the controversial form of credit, with shoppers who use BNPL now paying off an average of 4. 8 purchases – almost double the 2. 6 purchases in February, the research found. The average BNPL user’s outstanding balance currently stands at £254.

04 Jul
Wednesday newspaper round-up: Average UK pay, Brexit, Pendragon

Annual pay growth stalled at 4% in May, leaving most workers with a rise in earnings worth less than half the 9% increase in prices. Figures from XpertHR, a pay and personnel data publisher, said employer pay deals for the three months to May failed to increase on April’s median 4%, undermining concerns that workers would push for inflation-busting rises in earnings that could start a wage-price spiral. - Guardian.

04 Jul
Tuesday newspaper round-up: UK telecoms industry, shop workers, BoE staff

The UK’s biggest mobile and broadband companies have agreed a plan to help customers struggling to pay bills amid the cost of living crisis, including moves to allow switching to cheaper deals without paying a penalty. The package was agreed at a summit at Downing Street, co-chaired by the culture secretary, Nadine Dorries, and the cost of living business tsar, David Buttress, and attended by the top executives of the country’s biggest telecoms firms, including BT, Virgin Media O2, Vodafone, Three, Sky and TalkTalk.

04 Jul
Monday newspaper round-up: Sainsbury's, manufacturing, inflation

The Queen’s bank, Coutts & Co, and the Coal Pensions Board have joined a group of investors backing a resolution calling for Sainsbury’s to pay the independently set living wage for all staff and contracted workers. The vote at the UK’s second-largest supermarket’s annual shareholder meeting on 7 July will be the first on a resolution committing a UK company board to pay the living wage. ShareAction, the responsible investment campaign group, said the resolution would be a “litmus test for investors’ social commitments amid the cost-of-living crisis”.

04 Jul
Friday newspaper round-up: Gatwick, Twitter, housebuilders

Gatwick airport will reduce its summer capacity to ward off potential chaos, after dozens of last-minute cancellations wrecked the travel plans of holidaymakers over the platinum jubilee and half-term holiday. London’s second busiest airport will limit the number of daily take-offs and landings to 850 in August – about 50 more than the average in early June, but more than 10% below its pre-pandemic maximum. - Guardian.

04 Jul
Thursday newspaper round-up: Business start-up funding, food prices, Royal Mail

Labour has launched a review of business startup funding driven by a group of industry leaders including the former Goldman Sachs chief economist and Conservative Treasury minister Jim O’Neill as it attempts to improve its credentials with business. Announcing the review amid concern over the strength of the British economy, Rachel Reeves, the shadow chancellor, said Labour wanted to make Britain the best place in the world to start and grow a business. - Guardian.

04 Jul
Wednesday newspaper round-up: BP, airlines, Coinbase

Global fossil fuel company BP has bought 40. 5% of a renewable energy hub in the Pilbara, billed as having potential to become one of the biggest suppliers of green hydrogen in the world. The company will also operate the Asian Renewable Energy Hub, which has plans to generate up to 26GW of wind and solar energy – about a third of the electricity generated in Australia today. - Guardian.

04 Jul
Tuesday newspaper round-up: Energy price cap, Palantir, Newport Wafer Fab

The energy price cap could reach nearly £3,000 in the Britain at the beginning of October, with the planned increase possibly being more than £1,000 according to a new forecast. It is expected to rise to £2,980. 63 for the next period, which runs between October and December, after another spike in wholesale demand prices last week. – Guardian.

04 Jul
Monday newspaper round-up: House prices, UK manufacturers, Asda

House prices in Great Britain hit a record high in June but are likely to start falling during the next few months as five interest rate rises and a worsening cost of living crisis finally start to put the brakes on the property market’s record-breaking run, according to Rightmove. The property website said asking prices hit a record for a fifth consecutive month in June, rising by 0. 3% – or £1,113 – to reach £368,614. However, this was the smallest monthly increase since January, with the site saying: “The exceptional pace of the market is easing a little.

04 Jul
Monday newspaper round-up: Leicester factories, Google, household spending

More than half of the Leicester garment workers involved in a new study say they are paid below the minimum wage and receive no holiday pay, almost two years on from revelations about poor standards in the city’s factories. The study was commissioned by a new body, the Garment and Textile Workers Trust, which is funded by online fashion retailer Boohoo, as part of efforts to clean up its act after revelations about poor practice in the group’s Leicester supply chain.

04 Jul
Tuesday newspaper round-up: HBOS, energy deal, Shell, British Airways

Victims of one of Britain’s biggest banking frauds will each be offered £3m compensation packages, according to a source familiar with the proposed deal expected to be announced later this week. Halifax Bank of Scotland (HBOS) – which is now part of Lloyds Banking Group – was involved in a major fraud at its Reading branch in the early 2000s. - Guardian.

04 Jul
Wednesday newspaper round-up: Shein, BNPL, Marks & Spencer

Chinese fashion behemoth Shein might be the organisation least expected to win applause at an international conference on fashion sustainability, but that’s what happened at this week’s global fashion summit in Copenhagen. The industry’s largest forum for sustainable progress saw the ultra-fast fashion brand praised for making a donation of $15m (£12m) over three years to a charity working at Kantamanto in Accra, the world’s largest secondhand clothing market.

04 Jul
Friday newspaper round-up: UK debt, Grenfell, steak shortages

Rishi Sunak has been accused of wasting £11bn of taxpayers’ money by paying too much in interest servicing the government’s debt. The National Institute of Economic and Social Research (NIESR) said the losses were the result of the chancellor’s failure to insure against interest rate rises on £900bn of reserves created through the quantitative easing (QE) programme. - Guardian.

04 Jul
Thursday newspaper round-up: Gambling, Amazon, John Lewis

More than 420,000 British gamblers lose at least £2,000 a year, according to a major report that warns losses on the most addictive products are “strongly skewed” towards deprived areas. The report lays bare the punishing losses incurred by the heaviest gamblers and raises “concern” at the low level of intervention by gambling companies to prevent them suffering harm. - Guardian.

04 Jul
Wednesday newspaper round-up: Airport chaos, shop prices, Brewdog

The International Air Transport Association (Iata) has blamed the half-term gridlock besetting UK airports on a problem with getting clearances for new staff, saying the time taken to approve recruits has more than tripled. Willie Walsh, director general of Iata, said it was now taking as long as three months to get security badges for new employees in the UK, compared with three to four weeks previously, meaning potential staff were seeking out other jobs. - Guardian.

04 Jul
Tuesday newspaper round-up: City donations, Apple, Edinburgh Worldwide

Concerns have been raised over the City’s influence on Westminster, after a report found financial firms and individuals tied to the sector donated £15m to political parties and gave £2m to MPs during the pandemic. The campaign group Positive Money tallied the gifts, expenses and donations handed to MPs, peers and their parties, as well as the value of income from politicians’ second jobs, saying it contributed to finance’s “oversized influence” on policymaking.

04 Jul
Monday newspaper round-up: EasyJet, four-day week, FirstGroup

UK holidaymakers have faced yet more travel chaos as easyJet cancelled another 80 flights on Sunday, Eurostar trains experienced further delays, and roads began to clog up with drivers returning from half-term and jubilee weekend breaks. Tens of thousands of British travellers are estimated to be stranded at airports across Europe after close to 200 flight cancellations over the weekend. - Guardian.

30 Jun
noticias
Thursday newspaper round-up: Gambling reform, Three Arrows Capital, Ocado

Ministers’ plans for reforming Britain’s gambling laws were in disarray on Wednesday as a rift emerged at the top of the Conservative party over whether to ban football shirt sponsorship and impose a levy to fund addiction services. Multiple sources said the process of putting the finishing touches to a white paper on gambling reform had driven a wedge between departments and senior MPs, with the publication deadline just weeks away. - Guardian.

29 Jun
noticias
Wednesday newspaper round-up: Climate crisis deal, fuel duty cut, EY

EU countries clinched deals on proposed laws to combat the climate crisis in the early hours of Wednesday, backing a 2035 phase-out of new fossil-fuel car sales and a multibillion-euro fund to shield poorer citizens from the costs of carbon dioxide emissions. After more than 16 hours of negotiations, environment ministers from the 27 member states agreed their joint positions on five laws, part of a broader package of measures to slash planet-heating emissions this decade.