ECONOMY

The war in Ukraine is difficult because Davos is shrouded in apocalyptic sentiment

TThe impact of the Russian invasion of Ukraine this year dominated the belated and lean World Economic Forum, but it took George Soros to express what many of those who traveled to the Swiss Alps thought. Davos would not have been Davos without the pitfalls of a 91-year-old philanthropist and former speculator, but the conflict …

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VW Exhaust

Dieselgate scandal: More than 90,000 VW drivers in England and Wales will be paid

Volkswagen has reached a settlement of £ 193 million with British drivers involved in a class action lawsuit over the so-called dieselgate scandal in 2015. The German carmaker, which refused to compensate the owners of diesel models affected in the United Kingdom on the basis of EU law, faced lawsuits filed on behalf of more …

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Energy crisis lifeline as British company promises to cut price cap by £ 550: 'Enough is enough'

Energy crisis lifeline as British company promises to cut price cap by £ 550: ‘Enough is enough’

The energy crisis has deepened after industrial regulator Ofgem warned that the maximum annual tariff that consumers can charge is expected to skyrocket by £ 830. That would mean an increase of more than £ 1,500 in 12 months and, according to Chief Ofgem, could push up to 12 million people into energy poverty. But …

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Profit is an additional idea for awakened corporations

Profit is an additional idea for awakened corporations

You are reading the Response. To receive the weekly newsletter of Iain Martin, commentators including Tim Marshall, Maggie Pagano and Adam Boulton, full access to the site and invitations to events exclusive to members, become a member HERE. “Blasphemy!” The world of banking and foreign hordes of awakened and politically correct enforcers have been reduced …

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Ocado halves its growth forecast due to the cost of living crisis and returning to offices

Ocado warned that its revenue growth would be less than half the rate it had hoped for as the business was hit by a cost-of-living crisis and a return to office work and dining. The online grocery store, which is partly owned by Marks & Spencer, said it now expects growth of less than 5% …

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The state pension will increase by £ 1,000 to match soaring inflation - you'll see what you get

The state pension will increase by £ 1,000 to match soaring inflation – you’ll see what you get

It has been confirmed that the state pension is set to increase significantly by as much as £ 1,000 next year to meet soaring inflation. Although pensioners have seen only a 3.1% increase in their payments this year after the normal rules were postponed, it is time for an increase between 2023 and 2024. The …

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Pakistan is trying to renegotiate the IMF loan because food prices are rising sharply

Pakistan is trying to renegotiate the IMF loan because food prices are rising sharply

Pakistan’s foreign minister said he hoped the country could renegotiate the deal with the IMF in response to soaring global food and fuel prices as growing political unrest put pressure on Shehbaz Sharif’s new government. Officials are negotiating with the IMF to resume lending under a $ 6 billion loan program agreed in 2019, but …

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Treasurer Jim Chalmers warns of a “threatening” budget situation as inflation rises

Labor has inherited a “threatening” budget situation with a deficit that could fall further due to soaring inflation, Treasurer Jim Chalmers warned. Chalmers has accused the coalition of not posting budget pressures, as the Treasury briefing said on Saturday’s Labor victory in the election. Prior to its defeat, the coalition predicted budget deficits would reach …

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The "Fridays of Wine" in Whitehall reveal the clan culture coming from above

The “Fridays of Wine” in Whitehall reveal the clan culture coming from above

This article is the online version of our Inside Politics newsletter. Sign up here to receive your weekday newsletter straight to your inbox Good morning. During the first lock-in, I started drinking drinks on Friday night through Houseparty, a short-term video messaging service for the New Statesman political table. So it’s official: I’m demonstrably a …

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