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☆ Thousands of Prisoners in U.K. to Be Freed Early to Ease Overcrowding
▼ + stars: | 2024-07-12 | by ( Stephen Castle | ) www.nytimes.com time to read: +1 min

In one of its first big decisions, Britain’s new Labour government on Friday announced the early release of thousands of prisoners, blaming the need to do so on a legacy of neglect and underinvestment under the Conservative Party, which lost last week’s general election after 14 years in power. With the system nearly at capacity and some of the country’s aged prison buildings crumbling, the plan aims to avoid an overcrowding crisis that some had feared might soon explode. But with crime a significant political issue, the decision is a sensitive one and the prime minister, Keir Starmer, a former chief prosecutor, lost no time in pointing to his predecessors to explain the need for early releases. “We knew it was going to be a problem, but the scale of the problem was worse than we thought, and the nature of the problem is pretty unforgivable in my book,” Mr. Starmer said, speaking ahead of the decision while attending a NATO summit in Washington.

Persons: Keir Starmer, “, ” Mr, Starmer Organizations: Labour, Friday, Conservative Party, NATO Locations: Washington

☆ Exclusive: Britain’s Starmer says Biden ‘in good form’ in private talks, reaffirms ‘unshakable support’ for NATO
▼ + stars: | 2024-07-12 | by ( Christian Edwards | ) edition.cnn.com time to read: +7 min

Keir Starmer, Britain’s newest leader, wants to force lawmakers in the country’s upper chamber to step down at the same age. Does this mean he thinks octogenarians like President Joe Biden should step back from politics? Starmer said the talks were “a really good opportunity” for him to “speak to the president about the special relationship” between their two countries. He said Biden “deserves credit” for presiding over a summit that Ukrainian President Volodymyr Zelensky has called a success. “I took over the Labour Party four and a half years ago.

Persons: Winston Churchill, Keir Starmer, Joe Biden, ” Starmer, CNN’s Jake Tapper, Starmer, King Charles III, Biden, “, Tapper, ”, Biden “, Volodymyr Zelensky, Putin, Kamala Harris “, Trump ”, We’ve, Emmanuel Macron, David Lammy, Lammy, Donald Trump –, CNN Tacking, Britain’s, Jeremy Corbyn, We’d, ’ ” Starmer, ‘, we’ve, ’ ” Organizations: CNN, it’s, NATO, Conservative Party, Labour, Trump, BBC, Labour Party, Conservative, European Union Locations: America, Washington, United Kingdom, Ukraine, Russia, Britain, NATO

☆ Wanted: A Miracle Worker on Migration
▼ + stars: | 2024-07-12 | by ( Stephen Castle | ) www.nytimes.com time to read: 1 min

Wanted: an “exceptional leader” with experience in policing, intelligence or the military, who is ready to tackle one of the thorniest issues in British politics. Days after coming to power, Britain’s government is recruiting a chief for a new Border Security Command to “smash,” the job description says, the smuggling gangs that help asylum seekers arrive from France on small, often unseaworthy, boats. The search for the border security commander is the first action taken by the new Labour government to address the unauthorized landings that have become an embarrassing symbol of Britain’s failure to control its borders. Immigration is a divisive political topic across Europe and in Britain the issue of migrants arriving on small boats fueled gains in the general election last week by the anti-immigration party Reform U.K., led by Nigel Farage.

Persons: ”, Nigel Farage Organizations: Border Security Command, Labour, Immigration, U.K Locations: France, Europe, Britain

☆ UK economy returns to growth in May, beating expectations as British pound hits four-month high
▼ + stars: | 2024-07-11 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City of London is widely referred to simply as the City is also colloquially known as the Square Mile. LONDON — The U.K. economy grew by 0.4% in May, flash figures published by the Office for National Statistics showed on Thursday, with the British pound jumping to a four-month high against the U.S. dollar after the announcement. The British economy exited a shallow recession in the first quarter of the year, then flatlined in April. Goldman Sachs last week upgraded its growth forecast for the U.K. following left-of-center Labour's thumping victory in the country's general election.

Persons: Sterling, Keir Starmer, Goldman Sachs, Ashley Webb, Price, BOE Organizations: Office, National Statistics, U.S, Gross, Labour Party, Capital, Bank of England's, Bank of England, European Central Bank Locations: London, United Kingdom, The City, British, U.K

☆ Tributes for John Hunt, BBC sport commentator whose wife and daughters were killed in suspected crossbow attack
▼ + stars: | 2024-07-11 | by ( Catherine Nicholls | Sana Noor Haq | ) edition.cnn.com time to read: +4 min

London CNN —Figures from across the sporting world have offered their condolences to a BBC sport commentator, after his wife and two daughters were killed by an alleged crossbow attacker, in deaths that again drew attention to the epidemic of violence against women. Carol Hunt, 61, wife of BBC horse racing commentator, John Hunt, and their daughters, Hannah Hunt, 28, and Louise Hunt, 25, died from injuries sustained in an attack in Bushey, just northwest of London, on Tuesday, according to police and Britain’s public broadcaster. BBC Sport presenter Mark Chapman said: “John Hunt is our colleague, and our friend, not just to the current 5 Live Sport team, but to all of those who have worked here with him over the past 20 years. Truly horrific.”The British Horseracing Authority (BHA) said in a statement that its thoughts are with Hunt, his family, and friends. Ascot Racecourse, one of Britain’s most famous horse-racing grounds, said that it echoed the BHA’s words and posted that “our thoughts are with John Hunt at this tragic time.”

Persons: Carol Hunt, John Hunt, Hannah Hunt, Louise Hunt, Kyle Clifford, Clifford, Reem Alsalem, Yvette Cooper, Mark Chapman, “ John Hunt, John, ” Chapman, Dan Walker, James Manning, Tim Peach, Hunt, ”, He’s peerless, ” Peach, he’s, Carol ’, ’ ” Michael Owen, ” Julie Harrington Organizations: London CNN, BBC, British, Britain, United Nations, Labour, BBC Cricket, European, British Horseracing Authority, Ascot Racecourse Locations: Bushey, London, Enfield, Hertfordshire, United Kingdom, Britain, Bushey , Hertfordshire

☆ REC CEO expects labour market to recover in second half of the year
▼ + stars: | 2024-07-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailREC CEO expects labour market to recover in second half of the yearNeil Carberry, CEO of the Recruitment & Employment Confederation, weighs in on how the labour market has been affected by macro trends such as inflation, falling investment levels, and high interest rates.

Persons: Neil Carberry Organizations: Employment

☆ Pricing is really weird lately
▼ + stars: | 2024-07-10 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at why pricing is so weird these days . More recently, Walmart introduced digital price tags, which some people said could be used for variable pricing. The constantly changing costs have consumers feeling a sense of price fatigue, Emily writes. Emily writes that most economists agree that government-mandated price-fixing isn't the way to go about it. So, as Emily writes, you can't fault anyone for feeling a certain sense of doom and gloom about the economy.

Persons: —, Alyssa Powell, Emily Stewart, Emily, Michael Raines, Rebecca Zisser, Michael Arone, Steve Granitz, Elon Musk, Tyler Le, Larry Page, Biden, Keir Starmer, Rishi Sunak's, Jerome Powell, Jordan Parker Erb, Lisa Ryan, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Soviet Union, Business, Walmart, JPMorgan, Wall, Group, State, Navy, Spotify, Labour Party, Samsung Locations: Montana, Soviet, America, USA, Diego, Idaho, New York, London

☆ It's all about supply in the housing market, Zoopla's executive director says
▼ + stars: | 2024-07-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's all about supply in the housing market, Zoopla's executive director saysZoopla's Executive Director Richard Donnell joins Street Signs to discuss the state of the U.K. housing market after the new Labour Government unveiled plans to boost the sector.

Persons: Richard Donnell Organizations: Labour Government

☆ Britain Has Huge Clean Energy Ambitions, but Are They Realistic?
▼ + stars: | 2024-07-10 | by ( Stanley Reed | ) www.nytimes.com time to read: +1 min

There may be no better place to see evidence of Britain’s shift to cleaner energy than a sleek industrial complex on the Humber estuary outside Hull, a faded port city. On a July morning, workers in a brightly lit building were preparing molds for fiberglass wind turbine blades longer than football fields. Outside on the docks, squat six-wheeled vehicles gingerly maneuvered a blade weighing 50 metric tons for loading onto a ship that would take it to Scotland for installation. The factory, which is operated by Siemens Gamesa, a unit of the German company Siemens Energy, began producing the massive blades in 2016. The factory is a case study for how the new British government under Prime Minister Keir Starmer, whose Labour Party delivered a decisive election victory last week, hopes to use investment in clean energy to bolster stagnant economic growth.

Persons: Keir Starmer Organizations: Siemens Gamesa, Siemens Energy, British, Labour Party Locations: Humber, Hull, Scotland

☆ Election Results in Europe Suggest Another Reason Biden Has to Go - The New York Times
▼ + stars: | 2024-07-10 | by ( Nicholas Kristof | ) www.nytimes.com time to read: +1 min

There’s a dollop of good news for Democrats from the British and French elections, but it’s bad news for President Biden. The basic lesson is that liberals can win elections but perhaps not as incumbents. The election results abroad strike me as one more reason for Biden to perform the ultimate act of statesmanship and withdraw from the presidential race. The U.K. elections on July 4 resulted in a landslide for the Labour Party, ending the Conservative Party’s 14 years in power. The two main reasons voters backed Labour, according to one poll, were “to get the Tories out” and “the country needs a change.” A mere 5 percent said they backed Labour candidates because they “agree with their policies.”

Persons: Biden, statesmanship, Keir Starmer, mucking, ” Organizations: Labour Party, Conservative, Labour

☆ Number of millionaires to soar globally but plunge in the UK, research finds
▼ + stars: | 2024-07-10 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

LONDON — The number of global millionaires is set to keep rising over the next five years — with the U.K. a stark outlier, according to the 2024 Global Wealth Report from UBS. Gains will be led by tech powerhouse Taiwan, where the number of millionaires is set to jump 47% on the back of the booming microchip industry and a rise in immigration by wealthy foreigners. The two hubs in which the most global millionaires are based, the U.S. and mainland China, are set to see their figures rise 16% and 8% respectively. Another country where the number of dollar millionaires is forecast to decline was the Netherlands, which is estimated to see a 4% drop in such wealthy individuals. The report meanwhile sees the number of U.S. dollar millionaires in Russia growing by 21%.

Persons: Paul Donovan, Donovan Organizations: UBS, Taiwan, UBS Global Wealth Management, Russia, Labour Party, Conservative Locations: Turkey, Kazakhstan, Indonesia, Japan, U.S, China, France, Italy, London, Dubai, Singapore, Netherlands, Russia

☆ Incumbents pay the price in year of global elections
▼ + stars: | 2024-07-09 | by ( Stephen Collinson | ) edition.cnn.com time to read: +13 min

And elections in Taiwan and South Korea proved the dynamism of the idea that free elections can promote stable governance. The two round French election system once again kept the far-right out of power on Sunday but Macron’s gamble didn’t exactly pay off. An era of political turmoil now looms with a hung parliament, a likely shaky coalition and instability ahead of the next presidential election in 2027. Kevin Coombs/ReutersIndonesiaPrabowo Subianto, a former army general, won the presidential election in the world’s fourth most populous nation, which is home to its largest Muslim population. IranIran wasn’t supposed to have a presidential election this year.

Persons: El, they’ve, Donald Trump’s, Joe Biden, Trump —, Ursula von der Leyen, Emmanuel Macron, Le, Macron, Keir Starmer, Kevin Coombs, Suharto, Narendra Modi, Adnan Abidi, Imran Khan, Nawaz, Asif Ali Zardari, Benazir Bhutto, Sheikh Hasina, Vladimir Putin, Alexey Navalny, Putin, El Salvador, Nayib Bukele, ”, Bukele, Claudia Sheinbaum Pardo, ObturadorMX, Claudia Sheinbaum, Andrés Manuel López Obrador, Sheinbaum, Lai Ching, Yoon Suk Yeol, André Ventura, Peter Pellegrini, Robert Fico, Fico, Nelson Mandela —, —, Macky Sall, Sall, Bassirou Diomaye Faye, Ebrahim Raisi, Ayatollah Ali Khamenei, Masoud Pezeshkian, ultraconservative Saeed Jalili, Pezeshkian Organizations: CNN, European Union, United States –, France, European People’s Party, Popular Front, Britain Voters, Conservative, Labour Party, Reuters, Reuters Indonesia Prabowo, Bharatiya Janata Party, BJP, Pakistan Muslim League, Pakistan People’s Party, Bangladeshi, Kremlin, El, El Salvador Strongman, El Salvador —, Getty, Democratic Progressive Party, Portugal Incumbents, Democratic Alliance coalition, Putin, Russian, South Africa Voters, National Congress, ANC, Democratic Alliance Locations: France, Britain, Iran, El Salvador, Slovakia, Russia, Indonesia, Mexico, South Africa, United States, India, Senegal, Taiwan, South Korea, Germany, London, Reuters Indonesia, Subianto, New Delhi, Reuters Pakistan, Pakistan, —, Bangladesh, South Asia, America, China, Beijing, Portugal, Ukraine, Europe, Senegal Senegal, Africa, Sall, Iran Iran, Islamic Republic

☆ Greece responds to backlash after introducing a 6-day workweek
▼ + stars: | 2024-07-09 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Read previewThe Greek government responded to backlash about its new six-day workweek policy and said the regulation doesn't change the current workweek, according to a CNBC report published Tuesday. "It is important to note that this new regulation does not in any way affect the established 5-day/40-hour working week mandated by Greek law, nor does it establish a new 6-day working week," Greek Minister of Labour and Social Security Niki Kerameus told CNBC. AdvertisementBut Kerameus said the extra working day is only applicable in situations of increased workload, the report said. Employees who work the extra hours will see a 40% jump in pay for that time. Kerameus said the law also provides more protection for workers, like guaranteed days off, set working hours, and measures to prevent wrongful termination, the report said.

Persons: —, Niki Kerameus, Kerameus Organizations: Service, CNBC, Labour, Social, Business, Employees, European Union Locations: Europe

☆ Greece defends new six-day working week legislation, says it's an 'exceptional measure'
▼ + stars: | 2024-07-09 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

The Greek government has defended its new six-day working week policy, saying it is an "exceptional measure" that would only be applied in "specific circumstances." "It is important to note that this new regulation does not in any way affect the established 5-day/40-hour working week mandated by Greek law, nor does it establish a new 6-day working week," Greek Minister of Labour and Social Security Niki Kerameus told CNBC in emailed comments late last week. "All it does is provide only in limited circumstances for the option of an additional working day, as an exceptional measure." Especially for businesses that are not operational every day, "the additional working day option is permissible only in the case of an increased workload," Kerameus explained. "Most countries in Europe have similar provisions for exceptional additional working days.

Persons: Niki Kerameus, Kerameus Organizations: Labour, Social, CNBC, Organization for Economic Cooperation, Development, European Union Locations: Athens, Greece, U.S, EU, Europe

☆ 'Get Britain building again': New UK finance chief restores housing targets
▼ + stars: | 2024-07-08 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

LONDON — Britain's new finance chief on Monday outlined a spate of measures to revitalize the U.K.'s languishing economic growth and address national housing shortages. "I have repeatedly warned that whoever won the general election would inherit the worst set of circumstances since the Second World War. A former Bank of England economist, Reeves was appointed as Britain's first female chancellor of the exchequer — equivalent to a finance minister — on Friday, when newly-invested Prime Minister Keir Starmer named his first cabinet. Ahead of her first speech, she championed economic growth as both a party priority and the "national mission." Housing and planning were center stage in Reeves' Monday speech:"First, we will reform the national planning policy framework, consulting on a new growth-focused approach to the planning system before the end of the month.

Persons: Rachel Reeves, Reeves, —, Keir Starmer, Housebuilding Organizations: Treasury, Labour Government, LONDON, Bank of England, Conservative, Labour Locations: London, England

☆ Euro eases on French poll gridlock, dollar sluggish after US payrolls
▼ + stars: | 2024-07-08 | by ( ) www.cnbc.com time to read: +3 min

The euro slipped on Monday after projections from France's election pointed to a hung parliament amid an unexpectedly strong showing for a left-wing alliance, spawning fresh uncertainty over the country's fiscal outlook. The euro slipped on Monday after projections from France's election pointed to a hung parliament amid an unexpectedly strong showing for a left-wing alliance, spawning fresh uncertainty over the country's fiscal outlook. The yen headed for a third day of gains after rebounding from last week's nearly 38-year trough to the dollar. The euro was 0.06% lower at $1.0827, and earlier slid as much as 0.4% as investors weighed the consequences of a hung French parliament. The dollar slipped 0.07% to 160.70 yen, down from as high as 161.96 on Wednesday.

Persons: Sterling, Emmanuel Macron's, Chris Weston, Macron, Weston, bitcoin Organizations: Federal Reserve, Labour, Conservative, New Popular Front, Le, Traders Locations: Gox

☆ Gold eases from May peak on profit taking
▼ + stars: | 2024-07-08 | by ( ) www.cnbc.com time to read: +2 min

A view of ingots of 99.99 percent pure gold, which are placed in a workroom, at Novosibirsk Refining Plant, Russia's leading gold refining and bar manufacturing plant, in Novosibirsk, Russia on Sept. 15, 2023. Spot gold fell 0.4% at $2,382.17 per ounce as of 0346 GMT, after rising to its highest level since May 22 on Friday. Traders are also pricing in a rising chance of a second rate cut in December. Elsewhere, top consumer China's central bank refrained from gold purchases to its reserves for a second consecutive month in June. "China may have paused their gold purchases, but it remains in demand overall.

Persons: We're, Kyle Rodda, CME's, Jerome Powell's, Powell, Matt Simpson, bullish, Simpson Organizations: Novosibirsk Refining Plant, Capital.com, Federal, Fed Locations: Novosibirsk, Russia, China

☆ Farage, Anti-Immigrant Icon, Could Reshape Britain’s Tory Trajectory
▼ + stars: | 2024-07-07 | by ( Stephen Castle | ) www.nytimes.com time to read: +1 min

At first, Nigel Farage kept his cool. When protesters disrupted an election victory speech by Mr. Farage, Britain’s veteran political disrupter, anti-immigrant activist and ally of former president Donald J. Trump, he ignored them. But as the chaos persisted at the media conference on Friday, Mr. Farage began heckling back, drowning out critics by shouting “boring!” into the microphone no fewer than nine times. With Mr. Farage around, things are rarely boring, however, as Britain’s center-right Conservative Party has just discovered to its cost. By contrast, Mr. Farage’s small insurgent party, Reform U.K., is on a roll and has elevated him to a central determinant of the future of Britain’s political right — and perhaps the overall direction of the country.

Persons: Nigel Farage, Farage, Donald J, Trump Organizations: Conservative Party, Labour Party, Reform

☆ This Gen Xer thought he was too old to work at Google. Then he landed a $320,000 job at the tech giant without applying.
▼ + stars: | 2024-07-07 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

But a few months ago, Boardman was working at Boston Consulting Group and had taken the tech giant on as a client. But he was also surprised by the offer, as he thought he was too old to be taken on by a company like Google. Related storiesBut it's still possible to get a Big Tech job at a later stage, as Boardman proves. Boardman suggests networking throughout your career and attending professional events to make connections and get to know the people at companies you're applying to. AdvertisementDon't get complacentBoardman didn't stumble into a job at Google — he's been working for this moment his whole career.

Persons: —, Mark Boardman, Boardman, he'd, it's, pigeonhole, who's, he's, That's Organizations: Service, Google, Business, Boston Consulting Group, —, Big Tech, US, Labour, Companies Locations: London

☆ The UK used to be a European tourism hot spot. Here’s how it all went wrong
▼ + stars: | 2024-07-06 | by ( Julia Buckley | ) edition.cnn.com time to read: +14 min

Tax-free shopping for tourists has been axed, and EU visitors now need a passport to visit, which most don’t have. Matt Cardy/Getty ImagesAs a result of Brexit, in 2021 the UK government abolished tax-free shopping for non-EU citizens. It means the UK is now the only European country not offering tax-free shopping to visitors from outside the continent. “The impact of losing tax-free shopping is clear to see,” says Dee Corsi, chief executive of the NWEC. “Whilst the likes of Italy and France are actively leveraging tax-free shopping as a driver of growth, British businesses continue to trade at a disadvantage.

Persons: CNN —, Rishi Sunak, what’s, JC Milhet, Hans Lucas, Tom Jenkins, ”, “, ” Patricia Yates, Kayla Zeigner, Marcy Zyonse, We’ve, –, Yates, ” There’s, Zeigler, Zyonse, ’, Owen Humphreys, VisitBritain, That’s, she’s, Keir Starmer, VisitBritain's Yates, Phil Noble, ” “, Marcus Lee, hasn’t, Matt Cardy, Dee Corsi, Jenkins, “ It’ll, King Charles, John Sibley, London “, Mia, ” She’ll, Britain Organizations: CNN, UK’s Labour Party, Conservative, Labour, Getty, European Tourism Organisation, VisitBritain, Destination, Tourism, New, London, ”, UK, “, China Travel, Visitors, West End Company Locations: Britain, Italy, Luxembourg, London, AFP, Europe, Caribbean, Greece, Lake, Ireland, It’s, Spain, France, New York, ”

☆ The American Inspiration for Britain’s First Female Chancellor
▼ + stars: | 2024-07-06 | by ( Eshe Nelson | ) www.nytimes.com time to read: +1 min

After 14 years in the shadows, Britain’s Labour Party has returned to governing. And the country’s first female chancellor of the Exchequer, Rachel Reeves, is faced with the tough job of restoring Britain’s economic growth prospects and ending a decade and a half of stagnation. For inspiration, she has turned to another glass-ceiling-shattering woman, on the other side of the Atlantic: the U.S. Treasury secretary, Janet L. Yellen. Ms. Reeves was named chancellor on Friday after the Labour Party won a majority in Thursday’s general election. Ms. Yellen’s “modern supply-side economics” aims to bolster economic growth by increasing the number of workers and raising productivity while reducing inequality.

Persons: Rachel Reeves, Janet L, Reeves, Yellen, Yellen’s Organizations: Britain’s Labour Party, U.S, Treasury, Labour Party Locations: United States

☆ Britain’s New Leader Is About to Get a Crash Course in Statecraft
▼ + stars: | 2024-07-06 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

Prime Minister Keir Starmer of Britain will barely get his feet under the desk in 10 Downing Street before he flies to Washington this coming week to attend a NATO summit. A week after that, he will play host to 50 European leaders at a security meeting at Blenheim Palace, the birthplace of Winston Churchill. It’s a crash course in global statecraft for Mr. Starmer, Britain’s first Labour prime minister in 14 years. But it will also give him the chance to project an image of Britain that is uncharacteristic in the post-Brexit era: a stable, conventional, center-left country amid a churning tide of politically unsettled allies. In Washington, Mr. Starmer will encounter President Biden, who is resisting calls to abandon his race for re-election because of age-related decline.

Persons: Keir Starmer, Winston Churchill, It’s, Starmer, Britain’s, Biden, Emmanuel Macron, Chancellor Olaf Scholz of Germany Organizations: NATO, Labour Locations: Washington, Blenheim, France

☆ Britain’s Keir Starmer has done the hard part. Now comes the really hard part
▼ + stars: | 2024-07-06 | by ( Luke Mcgee | ) edition.cnn.com time to read: +4 min

CNN —Keir Starmer’s historic victory in Britain’s general election Thursday hands him a level of power that was unthinkable for a Labour leader just five years ago. Convincing the public that the Labour Party could be trusted with public finances was a big part of his electoral campaign. Most notably, the hard-right Reform UK, led by friend of Donald Trump Nigel Farage, secured 14% of the national vote. It’s extremely likely that with Starmer now in power, Farage and his acolytes will turn their attention to tearing chunks out of the Labour Party. Fortunately for Starmer, he has quite a lot of political capital to spend.

Persons: CNN — Keir Starmer’s, Jeremy Corbyn, Starmer, Donald Trump Nigel Farage Organizations: CNN, Labour, Conservative Party, Labour Party, Conservative Locations: Britain’s, Europe, Britain, Downing

☆ Can the Labour Party Bring Back Britain’s Green Groove?
▼ + stars: | 2024-07-05 | by ( Somini Sengupta | ) www.nytimes.com time to read: +1 min

Britain, the birthplace of the Industrial Revolution, erstwhile coal-burning imperial behemoth, wants to be a “clean energy superpower.”At least that’s the promise of the man poised to be the next prime minister, Keir Starmer. His Labour Party was projected to win the parliamentary elections on Thursday, ending 14 years of Conservative Party rule. Labour made big campaign promises on climate. It’s where the Industrial Revolution began in the 18th century, giving rise to a global economy driven by coal, oil and gas and with it, the emissions of planet-heating greenhouse gases. So the speed and scale of Britain’s energy transition is likely to be closely watched by other industrialized countries and emerging economies alike.

Persons: Keir Starmer Organizations: Labour Party, Conservative Party, Labour, Industrial Locations: Britain, It’s

☆ UK's Labour could announce tax changes 'quicker than expected': Teneo
▼ + stars: | 2024-07-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUK's Labour could announce tax changes 'quicker than expected': TeneoCarsten Nickel of Teneo says a fragmented opposition could allow a new Labour government to deliver more tax announcements ahead of the U.K. budget in October.

Persons: Carsten Nickel, Teneo Organizations: Labour

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