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Wednesday newspaper round-up: Lyft, Hinkley, Waitrose, BAT

UK shop workers are facing 1,300 incidents of violence and abuse a day and a battle to control “brazen” acts of shoplifting, as pressure mounts on ministers to intervene to protect retail employees. Retailers saw the number of incidents of racial abuse, sexual harassment, physical assaults and threats with weapons rise 50% last year, while thefts more than doubled to 16.7m incidents, according to the British Retail Consortium (BRC), the trade body which represents most major ...
United States United Kingdom Jeremy Hunt Erin Brewer Bruno Le Maire Marks Spencer

Tuesday newspaper round-up: Nuclear reactors, ITV, Metro Bank

MPs have warned that a planned fleet of small nuclear reactors are unlikely to contribute to hitting a key target in decarbonising Britain’s electricity generation, as the government opened talks to buy a site in Wales for a new power station. The Environmental Audit Committee (EAC) said that ministers’ approach to developing factory-built nuclear power plants “lacks clarity” and their role in hitting a goal of moving the grid to clean energy by 2035 was u...
United Kingdom Paula Vennells Silchester International Investors Metro Bank Office Horizon Insolvency Service

Sunday newspaper round-up: Cobham, Recession, Raspberry Pi

Advent International's Shonnel Malani, who has overseen the dismemberment of Cobham since its purchase in 2019 for £4bn, is preparing the sale of the last bits of the company over the next year or two. Any sale would come amid heightened geopolitical tensions, resulting in a premium for defence assets. Malani also told the Mail on Sunday that Advent may soon have more targets in the UK. - Financial Mail on Sunday
United Kingdom City Of Prime Minister Games Workshop Owlcat Games Financial Mail

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Friday newspaper round-up: Jes Staley, offshore wind farm, Mexico

The former chief executive of Barclays Jes Staley allegedly stayed in contact with Jeffrey Epstein long after joining the UK bank, according to legal documents that reportedly contradict claims he cut ties with the convicted child sex offender and disgraced financier in 2015. Documents from a now-settled lawsuit, seen by Bloomberg News, allegedly suggest that the two men used an unnamed third person, who “acted as an intermediary for messages between Staley and Epstein”, to s...
United Kingdom United States Jeremy Hunt Department For Work Fortnum Mason Us Department Of Commerce

Thursday newspaper round-up: Thames Water, HS2, Yodel

Thames Water has been ordered to update its service commitment plan by the regulator Ofwat after a minister said the company’s performance in regards to sewage dumping and serving customers was “completely unacceptable”. Robbie Moore, the floods minister, said Britain’s biggest water supplier was “under no illusions over the scale of the challenge” as MPs heard that Thames had allowed waterways to become polluted and homes to be flooded...
United Kingdom West Midlands United Kingdom General Greater Manchester Sam Woods Andy Burnham

Wednesday newspaper round-up: HS2, CBI, mortgages

The cancellation of the northern leg of HS2 has raised “urgent unanswered questions” and the government does not yet understand how the £67bn high-speed railway will now function, according to a scathing report from parliament’s spending watchdog. The remaining London-Birmingham line will be “very poor value for money”, the public accounts committee of MPs said, with costs now forecast to significantly outweigh the benefits. – Gua...
United Kingdom Rupert Soames National Institute Of Economic Confederation Of British Industry British Industry National Institute

Tuesday newspaper round-up: EVs, Arrival, Lloyds Banking Group

Ministers need to intervene to boost the secondhand electric vehicle market and allay “uncertainty and concerns” over the health of their batteries, a House of Lords committee has said. Peers on the environment and climate change committee urged the government to step up efforts to encourage electric vehicle adoption amid consumer jitters over the cost of vehicles, the longevity of their batteries and the availability of charging points. – Guardian
United Kingdom City Of Ardeshir Naghshineh Mark Carney Labour Party Centre Point

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