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It sets out a possible recruitment plan that would bring in new hires from across Greater Manchester and the wider North of England.In total, the report suggests around 300 staff should be employed within 18 months.It proposes transferring teams from Whitehall departments, including the Treasury, Cabinet Office, and the Ministry of Housing, Communities and Local Government – all of which are now being led by secretaries of state from the North of England.Whitehall officials willing to move to Manchester have been told they will be offered relocation packages, the BBC understands.It’s also likely there will be a significant movement of…
Photo illustration of a group of weight loss medications on a white background.Ucg | Universal Images Group | Getty ImagesNovo Nordisk on Tuesday filed a lawsuit against Eli Lilly, alleging that its advertising campaigns for its blockbuster obesity and diabetes drugs are designed to mislead consumers about their superior efficacy relative to the Danish drugmaker’s rival injections. Novo is specifically taking issue with nationwide ads that cite what it called “outdated” clinical trials to compare the highest doses of Lilly’s medicines to lower doses of Novo’s drugs. For example, those campaigns don’t include new evidence about Novo’s recently approved high-dose version…
July 21 (Reuters) – lifted its full-year profit forecast on Tuesday on the back of cost-control measures, price hikes and continuing strength in its safety & industrial business, sending shares of the industrial giant up 6% in premarket trading. However, the company said it expects higher pricing to “fully offset” a hit to its profit from oil-led inflation forecast in a range of $150 million to $175 million. 3M previously forecast a $125 million annual cost impact from it. Companies are grappling with rising costs as oil prices have risen to their highest levels in more than a month in…
Andy Burnham has replaced Sir Keir Starmer as UK prime minister, after becoming Labour leader last week. Source link
Boeing and Airbus are starting to map out the next generation of narrow-body aircraft, but the world’s two dominant planemakers say their airline customers are more concerned with getting today’s jets delivered than pressing for all-new models.Boeing CEO Kelly Ortberg said Monday that the company still needs “a couple more years” to put its finances in a position to support a new commercial aircraft program. Airbus CEO Guillaume Faury, meanwhile, said the European manufacturer is targeting the launch of a next-generation single-aisle program around 2030, with entry into service in the second half of the following decade.While the two CEOs struck…
A Boeing 777-9 sits on the tarmac at Al-Maktoum International Airport during the Dubai Airshow 2025 in Dubai on Nov. 17, 2025. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images) Giuseppe Cacace | Afp | Getty ImagesBoeing has asked the U.S. government to press the European Union for transparency over a €3 billion ($3.43 billion) loan package to Airbus, resurfacing potential trade tensions after the two sides extended a tariff truce over jet subsidies.The request for the U.S. government to intervene comes as Airbus has been talking about the development of a new plane as…
Why is Micron Technology stock up over 6% today? Source link
Jones, who was also previously chief secretary to the Treasury, wrote on X, external that the Digital ID programme was unfunded.While praising the VAT cut as “good”, he said “the government will have to set out how it will pay for its new policies at the budget”.Conservative Shadow Chancellor Mel Stride also criticised the use of the Digital ID budget to fund the VAT cut.”The cuts to the Digital ID card budget are not real because the money was never provided in the first place. “We are only one day in and already its smoke and mirrors on the public…
Andy Burnham after officially being confirmed as the new leader of the Labour Party, at a special conference held at the Trades Union Congress, in central London. Picture date: Friday July 17, 2026. (Photo by Yui Mok/PA Images via Getty Images)Yui Mok – Pa Images | Pa Images | Getty ImagesAndy Burnham wasted little time making his mark.Within hours of taking office, Britain’s new prime minister Andy Burnham surprised Westminster with his choice of finance minister, opting for John Healey instead of the widely expected Shabana Mahmood. He also unveiled his first major policy: scrapping VAT, a consumption tax, on…
Nebius stock surged on Tuesday after Nvidia disclosed a 9.3% stake in the neocloud. The Amsterdam-based company has emerged as one of Europe’s leading neoclouds providing AI compute, and has inked multiple deals with tech giants in 2026 amid massive infrastructure spending.Shares of Nebius were up 7% in premarket trading. The company has been one of the big beneficiaries of the AI boom, with the stock gaining nearly 250% in the past 12 months. Its market cap stood at $46 billion as of Tuesday morning.Nebius and Nvidia have been approached for comment. Stock Chart IconStock chart iconNebius stock.Nvidia previously announced…