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The Latest Breaking News from CBI

Pre-budget howls from big business beasts go deeper than the usual tax grumbles

Top executives say ministers don’t ‘get’ business, they aren’t listening and key decisions are fluffed or take too long

The Guardian - UK

Reeves accepts impact of taxes on growth as she orders Cabinet to tighten belts

Chancellor Rachel Reeves sought to reassure business chiefs that she would seek spending restraint rather than growth-busting taxes.

Evening Standard

Starmer tightens grip on economic policy by strengthening autumn ‘budget board’

Key figures from No 10 and No 11 appointed to group include Torsten Bell, new economic adviser Minouche Shafik and comms chief Tim Allan

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

CBI boss calls on Chancellor to break Labour’s manifesto tax promise

Rain Newton-Smith warned Rachel Reeves against ‘slavish adherence’ to tax pledges made in the run-up to last year’s general election.

Evening Standard

Mandelson told Epstein ‘your friends love you’ after 2008 charges as Starmer faces growing backlash: UK politics live

Prime minister defies pressure to sack US ambassador over links with paedophile Jeffrey Epstein

The Independent UK

CBI boss calls for Reeves to tear up Labour’s pledge not to raise tax

Rain Newton-Smith tells chancellor ‘the time for tinkering is over’ and revisit promise not to raise taxes on working people

The Guardian - UK

How sweet is the EU honey market?

The EU is one of the largest consumers of honey in the world. And yet, EU production can only satisfy 60% of demand.

Euronews

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Confidence in UK services sector falls amid rising costs and weak demand

CBI polling of the sector shows most companies are downbeat about future and are reporting lower profits

The Guardian - UK

24 decomposing bodies removed from Colorado funeral home, investigators say

Authorities say they've removed two dozen decomposing bodies and other remains from a Colorado funeral home owned by a local coroner

The Independent UK

Why an Indian bill removing jailed leaders from office has sparked outrage

Elected representatives jailed for 30 days on serious charges could lose their posts – even without a conviction.

Al Jazeera

‘Flawed, deeply troubling’: Editorials on Bills to remove arrested ministers

In a heated Lok Sabha session on Wednesday, Union Home Minister Amit Shah introduced three Bills aimed at disqualifying central and state ministers – including the prime minister and chief ministers – if they are accused of corruption or serious crimes and have been in custody for 30 days or…

Newslaundry

7 FIRs, a bounty, still free: The untouchable rogue cop of Madhya Pradesh

A handlebar mustache. A gold ring glinting in one ear. Four rifle-toting men at his side. A bulky frame wedged into a green open jeep. Ramvir Singh Kushwah looked like he had just driven out of a crime film. As he cruised through the dusty streets of Madhya Pradesh’s Guna,…

Newslaundry

The Guardian view on the London Stock Exchange: its struggles are symptoms of a broken growth model

Editorial: The chancellor and the CBI have plans for reviving the institution. Neither will tackle Britain’s pitifully low levels of business investment

The Guardian - UK

Poora Sach: The story of the journalist who exposed Gurmeet Ram Rahim & paid with his life

The story was first published on Newslaundry in 2017 after Ram Rahim was convicted of rape. It has been republished this week as he has been cleared in a 2002 journalist murder case.

Newslaundry

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news in one place.

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Newslaundry

‘Don’t say anything against our pitaji’: The lure of Ram Rahim

The story was first published on Newslaundry in 2017, a day before Ram Rahim was convicted of rape. We are republishing it today as Ram Rahim, who is serving a 20-year jail term, gets parole – again.

The Independent UK

More American citizens are trying to migrate to these Caribbean islands this year. Here’s how to join them

Travelers racing to access ‘citizenship by investment’ schemes in wake of pandemic and 2024 U.S. election

Sports Illustrated

How Illinois State Men’s Basketball Bucked the Transfer Portal Trend

Power programs often lure up-and-comers in the mid-majors with NIL offers and greater exposure, but the Redbirds’ stars chose a different path.

The Guardian - UK

Rising UK food prices turn cash-strapped shoppers away from high street

BRC says food prices rose by 4% in July from 2024, while CBI blames economic uncertainty for people not spending

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news in one place.

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Newslaundry

4 decades, hundreds of ‘custody deaths’, no murder conviction: The curious case of Maharashtra

Read the previous installments of this series here.

Evening Standard

Building societies see jump in cash Isa applications amid speculation over limit

Reports have suggested that plans to cut the annual tax-free cash Isa allowance could be announced next week.

The Guardian - UK

Looser bonus rules and tax breaks needed to save London stock market, says CBI

Industry lobby group draws up 20-point plan to stop London ‘drifting into irrelevance’

The Guardian - UK

London’s stock exchange needs a shot in the arm from the Treasury

A marketing campaign is all very well but if the LSE’s fortunes are to turn, the real oomph needs to come from the chancellor

Evening Standard

Government could help City firms fund defence industry – taskforce report

Ministers have been urged to produce a 10-year outlook revealing their intentions for equipment procurement.

Newslaundry

‘Existence of a motive is no substitute for proof’: Court accepts CBI closure report in Najeeb case

Nearly nine years after the disappearance of JNU student Najeeb Ahmed, a Delhi court today accepted the Central Bureau of Investigation’s closure report in the case.

The Independent UK

UK economic growth downgraded in blow to Rachel Reeves

The Confederation of British Industry said rising costs are set to dampen the government’s growth ambitions

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