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The Latest Breaking News from Richard Hughes

Brexit damage as big as Covid, says OBR – predicting five years before incomes recover

UK seeing ‘biggest squeeze on living standards’ on record, says head of fiscal watchdog

The Independent UK

Bankruptcy won’t stop Qld coal-power plant getting back online by September: Administrators

Plans to get Qld's Callide C coal-fired power station back online will go ahead despite its co-owners' voluntary administration

The New Daily

Co-owners of troubled plant in voluntary administration

Voluntary administrators have been appointed to the co-owners of the issue-plagued Callide C coal-fired power station in central Queensland.

AAP

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

Officials 'must count cost' of climate change inaction to prevent 'drastic' debt rise

Ahead of the Budget, Pat McFadden, Labour’s Shadow Chief Secretary to the Treasury has called for officials to routinely publish data on the financial impact of failing to take action to hit net zero targets

Daily Mirror

Talking Horses: bumpy ride ahead for latest attempt to impose whip rules

Expecting jockeys to change habits of a riding lifetime heading into the cauldron of Cheltenham next month is a huge ask

The Guardian - UK

Newsboy's horse racing selections for Monday's three meetings, including Plumpton Nap

Newsboy expects his nap, Prince Imperial, to lord it over his rivals at Plumpton and he also fancies Munificent to score on the all-weather at Wolverhampton

Daily Mirror

Innocent man ‘screamed in agony’ when police officer snapped his arm

John Kennedy sued Merseyside Police and proved his case in court

Liverpool Echo

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Scotland loses out on £3bn a year due to Westminster failure on tax dodgers, SNP say

MSPs were told last week that around £35bn a year is lost due to tax avoidance in the UK. The SNP calculated this works out at just under £3bn for…

The National (Scotland)

2023 will be a very difficult year, OBR member warns MPs

David Miles said the impact of rising interest rates and inflation will cause pressure next year but they are predicted to turn a corner in 2024.

The Independent UK

Edinburgh gangland gunman accused of double murder bid walks free from court

Marc Webley was told he was free to leave the dock after it was alleged he ran his car into another vehicle on Telford Road in an attempt to kill the driver and a passenger

Edinburgh Live

Scots gangland gunman accused of double murder bid walks free from court

Marc Webley walked free over a pair of attempted murder charges at his trial in Edinburgh after a key witness couldn't identify her attacker.

Daily Record

Gary O’Neil talks up ‘exciting’ potential of Bournemouth takeover

American businessman Bill Foley is on the verge of taking over at the Vitality Stadium

The Independent UK

Stagecoach's response to bringing back 'essential' night bus

At one time, using the service was considered a rite of passage

Liverpool Echo

Why OBR forecast is being held back until Kwarteng’s next fiscal plan

Huge policy changes are needed to get UK back on track – so early publication would give an incomplete picture

The Guardian - UK

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The National (Scotland)

OBR will deliver forecast soon after meeting with Liz Truss and Chancellor

THE Prime Minister and Chancellor will “work closely” with the Office for Budget Responsibility (OBR) in the coming weeks and said they…

Daily Mirror

Top Tory bizarrely claims mini-Budget 'so detailed' it couldn't be assessed by watchdog

Treasury Minister Andrew Griffith suggested the Office for Budget Responsibility would have struggled to get through the 40-page document in time - directly contradicting the watchdog

The Guardian - UK

Treasury minister claims OBR could not have assessed mini-budget in time

Andrew Griffith contradicts finance watchdog, saying plans too ‘chunky’ to assess before publication

The National (Scotland)

PM and Chancellor to meet budget watchdog boss as market turmoil continues

THE embattled Prime Minister and her Chancellor will meet with the head of the Office of Budget Responsibility on Friday, in the latest effort by…

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news in one place.

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Evening Standard

Liz Truss and Kwasi Kwarteng promise to work ‘closely’ with OBR after meeting amid market turmoil

The Prime Minister and Chancellor will “work closely” with the Office for Budget Responsibility in the coming weeks, the Treasury said

The Independent UK

Liz Truss to hold meeting with OBR amid market alarm at mini-Budget

OBR says it offered to produce forecast for mini-Budget but Treasury declined

The National (Scotland)

FM mocks idea of 'mirroring' Tory policies – as UK poll gives Labour 33-POINT lead

NICOLA Sturgeon has questioned “what planet” Liz Truss is living on after the Prime Minister suggested Scotland should copy her financial…

Insider UK

PwC fined £1.75 million over BT audit work

The Financial Reporting Council also fined audit partner Richard Hughes £42,000 over the work

The Guardian - UK

PwC fined nearly £1.8m over BT fraud audit failures

Accounting firm failed to act with ‘requisite professional scepticism’, says FRC

Birmingham Post

PwC handed £1.8m fine over BT audit work

Audit partner Richard Hughes has also been fined £42,000 by the Financial Reporting Council

Evening Standard

New Tory war over ‘fairytale tax cuts’

Tory candidates vowing to cut taxes have been told their promises have to add up

1 … 6 7 8 9

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