Unlock Editor’s Roundup for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Market pressure is mounting on the People’s Bank of China to allow the renminbi to weaken, as traders bet that the widening gap with US borrowing costs will lead more investors to sell out of the … Read more
The key task for governments is to make clean energy technologies more accessible to those who might otherwise struggle with upfront costs, the IEA’s new special report finds. Accelerating the move to clean energy technologies improves energy affordability and could ease cost-of-living pressures more broadly, according to a new IEA special report published today. Report, … Read more
Water regulator Ofwat has been mocked after reports suggested fines could be reduced for polluting water companies to help them avoid financial collapse. According to Financial Times. Campaigners have criticized the proposals, arguing that lighter sentences “send a dangerous message that companies can get away with pollution”. Some of England’s water companies are struggling with … Read more
Missed bin collections across Edinburgh have been blamed on a group of rogue waste collectors who are taking industrial action, as council bosses warn staff against refusing kerbside collections or working overtime. An increasing number of overflowing bins have been reported in recent weeks due to delays in waste services in the capital. Yesterday, the … Read more
The latest UK inflation figures, published at the end of May 2024, saw the official rate of price increase fall to 2.3%, not far from the Bank of England’s target level of 2%. Jeremy Hunt, the chancellor of the exchequer, said the figures were encouraging. Later that day, the prime minister was apparently so encouraged … Read more
Photo 114782479 © Oana Ungureanu | Dreamstime.com By Gavin van Marle 29/05/2024 It was just over a month ago that shippers began to realize that a significant disruption was in the Asia-Northern Europe trade route – a sudden increase in demand led to tight space, combined with the start of growth in fast spot rates. … Read more