Author: britishbulletin.com

Labour’s armed forces revamp is “putting thousands of jobs at risk” amid there being funding uncertainty, it has been alleged.Delays to Labour’s investment plan, which was expected last year, have created instability among UK defence firms, putting thousands of jobs at risk, the general secretary of Unite has cautioned. Sharon Graham, head of the trade union, has criticised Labour’s hesitation over publishing its defence spending plans, which will outline how the Government intends to allocate funds to transform the armed forces. The anticipated plans were expected last Autumn, but there is still no sight of them being published . It…

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NatWest has reduced its mortgage rates this week, moving to the front of the market for borrowers seeking competitive fixed deals ahead of the Chancellor’s spring statement on March 3.The bank is now offering a two-year fixed mortgage at 3.62 per cent, down from 3.70 per cent the previous week, with a £1,495 product fee attached.Its five-year fixed deal has also been trimmed to 3.84 per cent from 3.85 per cent.Both products are available only to borrowers with a deposit of at least 40 per cent.By contrast, other major high street lenders have kept their rates unchanged as markets await…

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The report doesn’t break down the loss into its component parts, but there are clues.Uefa’s figures show Chelsea’s overall revenue was significantly lower than some of their Premier League rivals.The Blues brought in £511m, compared to £746m for Manchester City and £744m for Liverpool.That difference comes from a few key areas.Chelsea’s income from ticket sales was the ninth-highest in Europe but still £28m less than Liverpool, one place ahead of them.The average amount Chelsea made per matchday was £1.2m less than Liverpool, who again were one spot ahead.Chelsea’s matchday revenue is restricted by the capacity of Stamford Bridge, which at…

Martin Daubney was left “close to tears” after a Cornish brewery was announced to close – a cut which will cause 50 job losses in the process.American brewing company Molson Coors said Sharp’s Brewery, based in Rock, would close by the end of 2026 since the site was “no longer financially sustainable”. Managing director Simon Kerry confirmed 200 staff would be made redundant across the firm – and 50 would be those employed at the Rock brewery.Speaking about the closure, Martin said: “You know, Gillian, I’m actually getting quite close to tears. I’ve got those pints that will be taken…

The handling of the 115 charges Manchester City are facing for alleged Premier League financial rule breaches has been “damaging” for the competition, says La Liga president Javier Tebas.The club were initially charged in February 2023, and more than three years later there has been no publicly announced outcome.A hearing into the charges – which City strongly deny – took place in front of an independent commission between September and December 2024.No announcement has been made on when a decision will be reached, though it was widely expected to be in the first quarter of 2025.Speaking at the Financial Times…

Labour’s planned mansion tax is already influencing behaviour at the top end of the housing market more than two years before it comes into force.New analysis from Hamptons shows in February, 83 per cent of offers made on homes priced within 10 per cent of the £2million threshold were submitted below that level.That marks a sharp increase from 64 per cent recorded in the same month a year earlier.The pattern is also reflected in completed transactions, with sales agreed above £2million falling by 26 per cent year-on-year in January.The figures indicate that both buyers and sellers are adjusting pricing strategies…

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