The risks facing the Irish financial system have increased as inflation is weighing heavily on the global economy, the Central Bank has warned. Persistent inflation and higher interest rates continue to pose challenges to an otherwise resilient Irish economy, according to the Central Bank’s financial stability review which was publishedContinue Reading
T he squeeze on real wages in Britain is set to last at least until Christmas with inflation remaining the highest among key major economies, leading economists warned on Wednesday. The Organisation for Economic Co-operation and Development predicted that the UK’s headline inflation rate was set to be 6.9 perContinue Reading
L abour will bring a vote on the release of correspondence relating to the Government’s decision-making over an inquiry into a major development project. Shadow communities secretary Lisa Nandy has been calling for the National Audit Office (NAO) to lead the probe into Teesworks. Levelling Up Secretary Michael Gove hasContinue Reading
S cotland’s First Minister has vowed to keep lobbying for the release of a Scottish Sikh blogger who has been jailed in India for more than five years. Humza Yousaf made the pledge during a meeting with the brother of Jagtar Singh Johal at the Scottish Parliament on Tuesday afternoon.Continue Reading
L ucy Frazer has said she believes the BBC is “on occasion” biased but refused to provide a specific example of partiality. The Culture Secretary told MPs the corporation has a duty as a public service broadcaster that it “doesn’t always get it right” but insisted she was broadly aContinue Reading
Kinahan cartel gang boss Liam Byrne has said he will fight extradition during a court hearing. The 42-year-old has been remanded in custody following his confirmation he would refuse to be sent back to the UK for trial. It emerged on Tuesday he had appeared before an extradition judge onContinue Reading
M argaret Ferrier has been suspended from the House of Commons for 30 days for breaching coronavirus rules. The Commons voted 185 to 40, majority 145, to approve the motion to suspend the independent MP for Rutherglen and Hamilton West. Ms Ferrier, a former SNP MP, was in the CommonsContinue Reading
Almost 2,000 on-call firefighters have been staging industrial action since the early hours of Tuesday morning in a dispute over working hours and pay. Trade union Siptu said local authorities have failed to address the recruitment and retention crisis in the fire service. Firefighters will not be attending training drillsContinue Reading
L ord Morris of Aberavon lived a life of “exemplary public service”, Sir Tony Blair said in tribute to his former attorney general after his death at the age of 91. As well as Sir Tony’s Cabinet, John Morris, as he was then, served in those of two other LabourContinue Reading
E nvironmental campaigners are calling on Scotland’s First Minister to “hold his nerve” and press ahead with the UK’s first deposit return scheme (DRS) – despite the row it has provoked with Westminster. Humza Yousaf has insisted the plans for the scheme in Scotland are in “grave danger” after theContinue Reading
