Network Rail maintenance staff are paid nearly a fifth more than workers in other industries

Network Rail’s maintenance staff earn nearly a fifth more than workers doing comparable roles, a new report has found ahead of the next rail strike on Saturday. Rail regulator the Office of Rail and Road (ORR) commissioned independent consultants to establish whether employment costs for more than 64,000 railway workers are higher or lower than …

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Aldi, Lidl, Asda, Morrisons and Tesco among supermarkets to introduce new ban

NEW SUPERMARKET BAN: The ban will stop supermarkets from displaying certain products. (Image by Martin Rickett / PA Wire) Reporting by Andrea Blazquez The Department for Health and Social Care (DHSC) has implemented a new ban on displaying unhealthy foods from prominent locations in supermarkets. The new rule means that every supermarket in the UK …

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HS2 launches Sushila: Machine begins digging five-mile tunnel under London for new high-speed rail

Contractors have launched the first of six machines that will dig the tunnels for London’s new High Speed ​​2 (HS2) railway. The tunnel-boring machine (TBM) – dubbed Sushila after local teacher Sushila Hirani – was activated near West Ruislip railway station on Thursday. It is one of two TBMs which will dig a five-mile twin-bore …

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Shoppers are feeling the pinch as they save on energy costs this winter

How hard-up middle class shoppers feeling the pinch are snapping up blankets and one-pot stoves to save on energy costs this winter Sales of portable electric ovens are up 54 per cent this year compared to 2021 55 per cent of people plan to give less presents this Christmas to save cash Sales of heated …

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Fed officials back further rate rises to tame high inflation

Top officials at the Federal Reserve on Thursday pushed back on speculation that the US central bank will soon pause its aggressive monetary tightening campaign, emphasizing instead the need for further interest rate increases. In her first public remarks since becoming a governor on the Federal Open Market Committee, Lisa Cook described inflation as a …

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Rustbelt renaissance: Pittsburgh becomes an FDI standout

Pittsburgh long symbolized America’s rustbelt, that stretch of the industrial midwest and north-east that once boomed with steel, cars and coal. In recent years, however, the city has been trading a rusty reputation for a robotic sheen. Still known as the Steel City despite no working steel mills, Pittsburgh has the muscular look of an …

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Polar bears lose up to 2kg per day as climate crisis bites

We’ve all seen the pictures of starving polar bears, struggling to survive climate change. But as global temperatures continue to rise, experts say bears today are spending up to a month longer than their parents waiting for the ice to return after summer. Every year, starting in late June when the bay ice disappears, polar …

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Euro Slumps as US Dollar Regains Momentum Ahead of NFP. Is EUR / USD in Peril?

EUR / USD FORECAST: EUR tumbles dragged down by broad-based US dollar strength in the FX market EUR / USD maintains a negative outlook in the near-term The US employment report will be a source of volatility for financial markets on Friday Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling …

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Bank of England official criticizes government’s mini budget action – as sidelined OBR creates more ‘uncertainty’ | Business News

Another Bank of England official has weighed in to criticize the government’s mini-budget announcement – rebuking the absence of Office of Budget Responsibility (OBR) input, detailing how the UK bond market reaction was unique, and reiterating the Bank’s resolve to return inflation to 2 %. Jonathan Haskel, a member of the Bank of England‘s interest …

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Ro says it ‘inadvertently’ exposed employees’ personal information

Healthcare unicorn Ro is notifying employees of a data exposure involving their personal information after a security contractor “inadvertently” uploaded a spreadsheet of employee data to the internet. In a data breach notice obtained by TechCrunch from an affected employee who received the notice this week, Ro said it discovered that the contractor uploaded the …

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