The pound is being weighed down by political uncertainty as Sir Keir Starmer struggles to stabilise his leadership.
Lord Mandelson Fired as UK Ambassador to the US Amid Epstein Scandal
Lord Mandelson has been dismissed as Britain’s ambassador to the United States following explosive new revelations about his relationship with disgraced financier and convicted paedophile Jeffrey Epstein.
Breaking News: Angela Rayner Resigns as Deputy Prime Minister Over Tax Row
Angela Rayner has resigned as Deputy Prime Minister following controversy over her tax affairs, marking a major setback for Sir Keir Starmer’s premiership.
Peter Hebblethwaite, Dubbed ‘Britain’s Most Hated Boss,’ Exits P&O
The chief executive of P&O Ferries, Peter Hebblethwaite, is stepping down three years after sparking outrage by sacking nearly 800 workers and replacing them with cheaper agency staff.
The long-term outlook for P&O Ferries remains uncertain.
MPs are raising concerns over P&O Ferries’ financial stability, despite the company providing written assurance that it has sufficient funds to continue operating, according to a report by ITV.
Starmer announces that five new freeports will be unveiled in the upcoming Budget.
Sir Keir Starmer has announced that the upcoming Budget will include funding for five new freeports across the UK, as well as a new investment zone.
P&O Ferries owner withdraws £1bn UK investment following criticism from Deputy PM over employment practices
DP World, the owner of P&O, has paused a £1bn expansion of one of the UK’s largest container ports following criticism from government officials over the ferry company’s employment tactics.
UK housebuilding has surged, marking its largest increase in over two years.
Housebuilding in the UK has seen its sharpest rise in over two years following the removal of planning restrictions by Housing Secretary Angela Rayner. In September, housing development surged, with