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The Latest Breaking News from HMT

Rachel Reeves finds £1.5bn to subsidise electric vehicles in net zero drive

The chancellor will take on the climate sceptics in the Tories and Reform with a push to help people buy EVs

The Independent UK

Treasury has tried to push previous chancellors to means-test winter fuel allowance

Policy ‘always shot down immediately’ by Tories but was part of prepared series of options presented to Rachel Reeves, insiders say

The Guardian - UK

RBDCK likely to complete airport extension of Seaport-Airport Road by 2027

With decks being cleared to acquire land from the Naval Armament Depot (NAD) and HMT, stakeholders are hopeful that the 6-km NAD-Mahilalayam stretch of Seaport-Airport Road can be completed by 2026 and the 4-km Mahilalayam/Aluva-Chowara stretch by 2027.

The Hindu

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HMT land to be spared for Seaport-Airport Road extension

Supreme Court permits land transfer for Kochi airport extension, boosting progress with Naval Armament Depot and RBDCK involvement.

The Hindu

Employees want price of land for High Court building to be paid to HMT unit

HMT Employees' Union demands State government pay for land acquisition for Kerala High Court building.

The Hindu

Aberdeen’s Lords of Misrule: A review of Sleeping Beauty at His Majesty’s Theatre

IN the medieval period, the jester charged with the crucial task of being master of the Christmas revels was also known as the Lord of Misrule.

The National (Scotland)

Chief scientific adviser to appear before pandemic inquiry

It comes after it emerged that Professor Dame Angela McLean is said to have referred to Rishi Sunak as ‘Dr Death’.

The Independent UK

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Boris Johnson referred to Treasury as ‘pro-death squad’, Covid inquiry hears

The former prime minister reportedly used the phrase at a meeting in January 2021, when he wanted a path to eased restrictions

Evening Standard

Boris Johnson referred to Treasury as ‘pro-death squad’, inquiry hears

The former prime minister reportedly used the phrase at a meeting in January 2021, when he wanted a path to eased restrictions.

The Independent UK

Telangana BJP leader seeks Governor’s help to protect HMT, IDPL lands

BJP seeks Governor's intervention to protect ₹5,000cr land of HMT & IDPL in Telangana from illegal occupation. 50 acres of HMT land & 100 acres of IDPL land have been usurped by realtors, religious structures & hut dwellers. Govt requested to use land for public purposes & buildings leased to…

The Hindu

Still ticking: HMT watches are trending again with Varchas, a limited edition series

HMT watches are cherished heirlooms, passed down from one generation to the next. They began 60 years ago and are still ticking, symbolizing India’s industrial growth.

The Hindu

An ode to lost time

Inside the HMT watch musuem

The Hindu

Antique shops in Chennai abuzz with young collectors

Antiquing gets trendy as younger people seek the romance of the past by acquiring vintage collectibles. We join the quest

The Hindu

Five reasons why Heavy Metal Truants is the most awesome metal charity

Heavy Metal Truants, the charity cycling club set up by Iron Maiden manager Rod Smallwood and former Metal Hammer editor-in-chief Alex Milas, want your help to make 2023 a blockbuster fundraising year

Metal Hammer

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Birmingham Post

THG and musicMagpie move to reassure investors as Silicon Valley Bank's UK arm is sold to HSBC

Chancellor Jeremy Hunt has confirmed that all customer deposits have been protected under the deal, and that no taxpayer cash was involved

Wales Online

HSBC buys UK arm of troubled Silicon Valley Bank with no cost to taxpayer

Silicon Valley Bank's (SVB) possible collapse had posed a serious threat to the tech sector which had deposited large amounts of cash with the bank. HSBC has now bought the UK arm of the struggling bank.

Birmingham Post

Silicon Valley Bank's UK arm is sold to HSBC to protect customers

Government and Bank of England helped facilitate the deal amid fears that the tech sector would be devastated by the bank's failure

Insider UK

Silicon Valley Bank UK arm is sold to HSBC with all deposits 'safe and secure'

Chancellor says SVBUK customers should 'feel reassured by the strength, safety and security' of HSBC

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news in one place.

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The Hindu

Acquiring HMT, NAD land crucial for extension of Seaport-Airport Road in Kochi

KOCHI

Evening Standard

Defiant Truss defends mini-budget despite market mayhem

Britain is an unusual country. Prolonged sunshine (three successive days) makes front pages. Travel five or 10 miles and you’ll hear different accents, even dialects. But perhaps the biggest oddity is the outsized influence of our Treasury.

The Independent UK

Government plan to tackle NHS staff shortages shelved amid Treasury row

Exclusive: ‘HMT now says we have the money. If [the plan] is out before Christmas I’ll eat Santa’s hat,’ says one senior NHS figure

The Hindu

BJP seeks protection of HMT land from encroachment

HYDERABAD

The Hindu

About time! Lalbagh’s iconic floral clock to run again by June-end

The clock stopped functioning seven months ago during 2021’s rains

The Guardian - UK

Revealed: betting giants lobbied UK government over proposed crackdown

Documents show gambling firms warned Treasury officials against tightening up industry laws

The Hindu

Grant autonomy to HMT unit, demands Chandran Pillai

Strengthening workforce will better the performance, he says

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