UK business blames long run-up to Budget for fuelling uncertainty

Make UK’s call for the government to recognise that the energy crisis for industry is happening now is spot-on In the long list of budget submissions from the business world, here’s one the chancellor is probably disinclined to smile upon. Make UK, the body representing manufacturers, would like the government to expand its energy support scheme – the one unveiled in June as part of the shiny new industrial strategy – from 7,000 firms to 115,000 businesses. And it would like the promised savings in electricity bills to be backdated to April this year; as scheduled, the so-called British…

Bureau of Labor Statistics canceled release of October’s consumer price index, citing the government shutdown The US federal government will not publish official data on inflation for October, depriving policymakers at the Federal Reserve of key information as they consider whether to cut interest rates. The Bureau of Labor Statistics canceled the release of the closely watched consumer price index (CPI) for October, citing the government shutdown – the longest in history, before it ended earlier this month – and stating it could not “retroactively collect” the data required for the report. Continue reading… Source link

A replica of the skeleton of “Hong Kong’s Whale” that famously wandered into Victoria Harbour 70 years ago has been installed in Shek O, where the original bones once stood before they were destroyed by Super Typhoon Mangkhut in 2018. Researchers from the University of Hong Kong’s (HKU) Swire Institute of Marine Science (Swims) erected the replica at Cape D’Aguilar on Wednesday. The replica was created by a specialist firm in mainland China. “I see it as a public service for Swims to maintain… Source link