Burnham warned Iran war could hit UK growth next year
UK Treasury modelling suggests GDP growth could fall to 0.3% in 2027 if Middle East disruption continues, significantly below forecasts, raising pressure for government support measures.
BP to develop offshore gasfield in Venezuela with firms linked to Trump administration
BP will develop an offshore gasfield in Venezuela with partners linked to the Trump administration, marking one of the first major foreign investments in the country following recent political changes.
Electric vehicle sales targets could be cut after pressure from car makers
The UK government is reviewing its electric vehicle sales targets after pressure from car makers, potentially reducing the mandate from 80% to 50% by 2030.
Thames Water plans to restart desalination plant – after drought has ended
Thames Water plans to restart its Beckton desalination plant by year-end to rebuild winter reservoir supplies, though drought conditions are expected to ease before operations begin.
Royal Parks gardeners vote to strike over 70p an hour pay rise
Gardeners employed at London’s Royal Parks have voted to strike over a proposed 70-pence-per-hour pay increase, with their union calling the offer insufficient.
Boeing sells eVTOL subsidiaries, takes stake in Archer
Boeing sells three eVTOL and aerospace subsidiaries to Archer Aviation in exchange for a 19.75% stake in the startup, streamlining its focus on core operations.