Peers working for big City firms including Santander, Secure Trust Bank and the London Stock Exchange are sitting on a new Lords committee scrutinising regulation of the financial services industry, the Guardian has found. The House of Lords financial services regulation committee was formed in January last year and 10 of its 13 members have … Read more
Key events Show key events only Please turn on JavaScript to use this feature Badenoch says surprise closure SFI grant scheme shows government treating farmers ‘with contempt’ Kemi Badenoch has this morning accused the government of treating farmers “with contempt”. She has been attacking Labour repeatedly over its decision to extend inheritance tax to cover … Read more
Northvolt, the Swedish electric vehicle battery startup, has filed for bankruptcy in Sweden, marking the end of a company once seen as Europe’s best hope of challenging the dominant Asian battery industry. The company said in a statement it had been unable to “secure the necessary financial conditions to continue in its current form” in … Read more
Industry Minister Ed Husic has called Donald Trump’s tariffs on aluminium and steel a “dog act”, as Australian parliamentarians continue to react with shock to the decision not to issue Australia a carve-out. The Trump administration announced it had rejected Australia’s request for an exemption to the tariffs that took effect on Wednesday afternoon local … Read more
The captain of the Solong ship who was arrested after a collision with a tanker off the coast of England is a Russian national, the ship’s owner, Ernst Russ, said. The rest of the crew were Russian and Philippine nationals, the company said. Humberside police said a 59-year-old man had been arrested on suspicion of … Read more
Key events Show key events only Please turn on JavaScript to use this feature Education department to cut half its staff as Trump vows to wind the agency down The US education department said on Tuesday it would lay off nearly half its staff, a possible precursor to closing alltogether, as government agencies scrambled to … Read more
Nine Entertainment has defended the decision to publish an advertisement worth $200,000 from Clive Palmer’s Trumpet of Patriots party on the front page of the Age, saying any other decision might imply it endorsed the sentiments of political ads. But staff and readers have criticised the Age for running the ad, which says “There are … Read more
A 13-year-old girl has been charged with murder and arson after the body of a woman was found in a house in Northamptonshire. Firefighters and police officers discovered the body of a woman in her 40s in a house in Newcomen Road, Wellingborough, in the early hours of Monday after reports of a fire at … Read more
Simon Holmes à Court has denied any ties between Climate 200 and a community media organisation the Coalition claims is peddling “disinformation” and promoting teal independent candidates. The Coalition has filed a complaint to the Australian Electoral Commission about the five digital newspapers owned by Gazette News. “I don’t know a lot about Gazette,” Holmes … Read more
The Coalition has once again been forced to clarify its policy on breaking up the big insurance companies, with Peter Dutton now saying “certainly something has failed” in the market as Australians struggle with spiralling premiums. After days of confusion over whether their divestiture policy would apply to the insurers, the opposition leader appeared to … Read more