5 h. ago Powering Net Zero: investment and incentives for the journey

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Politics

4 d. ago Google’s emissions up 51% as AI electricity demand derails efforts to go green

Increase influenced by datacentre growth, with estimated power required by 2026 equalling that of Japan’sGoogle’s carbon emissions have soared by 51% since 2019 as artificial intelligence hampers the tech company’s efforts to go green.While the corporation has invested in renewable energy and carbon removal technology, it has failed to curb its scope 3 emissions, which are those further down the supply chain, and are in large part influenced by a growth in datacentre capacity required to power artificial intelligence. Continue reading...

Events

8 d. ago Nato to unveil new 5% defence spending target this week, chief indicates

Prime Minister Sir Keir Starmer is among the world leaders expected in The Hague in the Netherlands this week for the Nato summit.

Events

1 week ago Rachel Reeves made us a promise last week, but we still don't know what it means

The Chancellor said the government will 'take forward' Northern Powerhouse Rail - but she's not set out exactly what that means

Politics

1 week ago Reeves promised oil industry ‘quid pro quo’ over windfall tax in private meeting

Government accused of making ‘secret exchange deal’ with fossil fuel companies to compensate for tax hikeThe chancellor, Rachel Reeves, told a fossil fuel company the industry would receive a “quid pro quo” in return for higher taxes on its windfall profits, it can be revealed.In a meeting with the Norwegian state energy company Equinor on 27 August, Reeves suggested that the government’s carbon capture, usage and storage (CCUS) subsidies were a payoff for oil firms being hit with a higher tax rate. Continue reading...

Economics

2 w. ago Chancellor Rachel Reeves promises to 'change the future' in Wales visit

Ms Reeves was visiting Wales in the wake of her decision to allocate Wales £445m for rail projects in her multi-year spending review this week

Politics

2 w. ago Rachel Reeves came out fighting — but there are big problems down the line

Analysis: Chancellor accused of unveiling a spending review which is ‘full off numbers, few of them useful’

Politics

2 w. ago ANDREW NEIL: Starmer's claim to be 'investing in Britain's renewal' is delusional drivel in a class of its own

'Our first job was to stabilise the economy and public finances,' Keir Starmer tweeted yesterday morning, a few hours before Rachel Reeves delivered Labour's spending plans.

Politics

2 w. ago A reckless splurge we (and our children) will be paying off for years: Voters brace for tax hikes as Rachel Reeves embarks on unprecedented spending spree

In a return to Labour's tax-and-spend approach, the Chancellor set out plans to 'invest' a staggering £4 trillion to fund 'the renewal of Britain'.

Economics

2 w. ago These unanswered questions could be Rachel Reeves’s downfall

Analysis: Chancellor accused of unveiling a spending review which is ‘full off numbers, few of them useful’

Politics

2 w. ago Rachel Reeves unveils 3% NHS spending boost but cuts other budgets

Home Office and Foreign Office among Whitehall departments facing squeeze in chancellor’s spending review

Economics

2 w. ago Labour promised people we would rebuild Britain – and that’s what we’re doing | Keir Starmer

This week’s spending review marks a new stage in the mission of national renewal, built on the foundations laid last yearKeir Starmer is the prime minister of the United KingdomThe mandate we received from the British people could not have been clearer. First, we had to stop the chaos and return Britain to economic stability. Second, we had to turn the page on Tory decline with clear Labour choices. Third, we were instructed to rebuild our country.Wednesday’s spending review turbocharged that rebuilding. It is an investment in Britain’s renewal, so working people have more money in their pocket, more pride in their community and more hope for their children’s future. It’s what people voted for. An NHS cutting waiting lists, with care closer to the community. Wealth and opportunity no longer hoarded by only a few towns and cities. Continue reading...

Politics

2 w. ago Reeves unveils record spending plans but experts warn of tax rises ahead

Chancellor announces £39bn boost for social housing, £29bn for NHS and £11bn for defence – and promises to close all asylum hotels as she takes a swipe at Farage and dismisses Tory warnings of a ‘cruel summer’ of tax rise

Events

2 w. ago What the spending review means for you: RACHEL RICKARD breaks down Reeves' spending spree

Chancellor Rachel Reeves has unveiled a Government spending spree on Britain's schools, hospitals and armed forces as critics immediately questioned how she would pay for it.

Politics

3 w. ago DAN HODGES: Rachel Reeves has opted to spend like a drunken sailor on shore leave in the Chagos Islands. It's now a matter of 'when' not 'if' she comes back to pick our pockets with tax rises

After the statement Rachel Reeves just delivered to unveil the Government's Spending Review, it appears she is actually cosplaying at being the new Liz Truss, says DAN HODGES.

Economics

3 w. ago Spend now, tax later! Rachel Reeves splurges on NHS and Net Zero... despite fears she has no idea where the money is coming from

Unveiling the Spending Review in the Commons, Chancellor Rachel Reeves claimed she is 'renewing Britain'.

Economics

3 w. ago DWP changes in full as Rachel Reeves announces Spending Review for 'working people'

After weeks of intense behind-the-scenes wrangling over who gets what, Chancellor Rachel Reeves unveiled her Spending Review after the Labour Government U-turned on cuts to the Winter Fuel Payment

Economics

3 w. ago Everything Rachel Reeves promised in Spending Review, including new asylum rules

The Chancellor has set out how money will be spent on everything from energy and border security to education, housing and the NHS

Events

3 w. ago Rachel Reeves pledges more 'jobs in Scotland' as Chancellor announces record £52 billion for Holyrood

"We are renewing Britain," the Chancellor told MPs as she announced huge investment in the defence industries on the Clyde and at Rosyth.

Economics

3 w. ago Brits on high alert for tax hikes as Rachel Reeves unveils spending plans: Chancellor splurges on NHS and Net Zero... despite fears she has no idea where the money is coming from

Unveiling the Spending Review in the Commons, Chancellor Rachel Reeves claimed she is 'renewing Britain'.

Economics