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Midlands

  • Autumn Budget: JCB boss calls on Reeves not to do anything ‘daft’

    Business

    The chief executive of JCB has called on Chancellor Rachel Reeves not to do anything “daft” in her Autumn Budget which would deter inward investment. Graeme Macdonald, who leads the Staffordshire-headquartered manufacturing giant under chairman Lord Anthony Bamford, said he’s “not optimistic” about the Budget next month, adding that Reeves is “definitely” going to raise [...]

    Graeme Macdonald in a business setting, dressed professionally, engaging in a discussion on industry trends and market ins...
  • Britain’s last coal-fired power station set to close in landmark moment

    Energy

    The UK’s last remaining coal-fired power station is to shut at the end of September, drawing to a close Britain’s 142-year reliance on the fossil fuel to produce electricity. Ratcliffe-on-Soar power station has been generating electricity since 1968 via its four coal-fired boilers, eight vast cooling towers and 199-metre tall chimney, which occupies a prominent [...]

    The sun setting over Ratcliffe-on-Soar Power Station near Nottingham. The UK's last remaining coal-fired power station is to shut at the end of September, drawing to a close Britain's 142-year reliance on the fossil fuel to produce electricity. Photo Credit: Matthew Vincent/PA Wire

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  • As it happened: FTSE 100 falls as Iran and US clash over Strait of Hormuz; Oil stockpiles ‘rapidly depleting’

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