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- Indexed articles, last 90 days
- 77
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- Oct 1, 2026
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- Jul 4, 2026
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Ratcliffe’s INEOS calls on Labour to reopen North Sea drilling (opens the original)
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The chemical group owned by billionaire Jim Ratcliffe has urged the government to reopen the North Sea for drilling as it lashes out at its latest energy cost scheme for businesses. INEOS, which was founded by Ratcliffe in 1998, said Labour’s British Industrial Competitiveness scheme (BICS) fails to address UK industries relying “far more heavily on gas than electricity”. BICS is an initiative which allows manufacturing companies to apply for a cut of up to 25 per cent on their electricity costs
Billionaire Weston family closes in on £7bn Boots takeover (opens the original)
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The Canada arm of the billionaire family behind Primark is inching towards another deal, as it closes in on a £7bn takeover of Boots from its private equity owners. The Westons are in advanced talks to buy the UK pharmacy chain from Sycamore Partners, ending hopes of a potential London IPO. Discussions are ongoing, a person familiar with the matter said, but a deal is expected to be reached as soon as next week, the Wall Street Journal first reported. The two sides have been in talks regarding a
Economists warn of tax hikes after Burnham admits care funding 'shortfall' (opens the original)
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Andy Burnham has admitted there may be a “shortfall” in his ambitious plans to fund a new national care service, as economists warn that taxes will have to rise. Burnham announced plans to adjust the triple lock from 2030, effectively creating a double lock, using the savings to fund the new service. The new mechanism will see the state pension rise by either inflation or 2.5 per cent, depending on which is highest, removing wage growth from the equation. Burnham told Times Radio: “The decision
End of triple lock: What is the double lock and will it work? (opens the original)
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Andy Burnham has pledged to drop the triple lock on state pensions for a so-called ‘double lock’ in Labour’s next manifesto in order to pay for his new National Care Service. In an address to party members, Burnham confirmed the existing triple lock mechanism will remain in place for the remainder of this parliament before being changed in April 2030 if Labour win the next general election. Under the proposed system, the state pension would increase each year by either inflation or 2.5 per cent
Burnham set to signal end of triple lock in conference speech (opens the original)
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Andy Burnham is set to signal the end of the triple lock on pensions in his maiden conference speech as Prime Minister, in a move that is likely to divide the Labour party. In his maiden conference speech as Labour leader, Burnham will suggest the policy is not sustainable in its current form and should be reviewed in the party’s next manifesto, the Telegraph first reported. The prime minister is under pressure to ditch the policy, in which the state pension rises by the highest of inflation, wa
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