Hints and tips:
...Labour has been keen to avoid any more public U-turns after coming under fire from the Tories for “flip-flopping” over policies including the size of its £28bn green prosperity plan....
...Jess Ralston, head of energy at the Energy and Climate Intelligence Unit, said a CBAM could help reinstate some green investor confidence that was “shaken” by Sunak’s net zero U-turns in September....
...Jim PickardThere have been an awful lot of U-turns....
...The substance and style of Labour’s biggest U-turn for years demonstrated the ascendancy of cautious Blairites inside Britain’s main opposition party, as the green prosperity plan joined a long list of radical...
...Starmer announced the U-turn this month after a drawn out period of internal arguments over whether the pledge, made in 2021 when borrowing rates were close to zero, was still affordable at a time of higher...
...The U-turn is particularly awkward for Starmer given he used the £28bn figure himself just days ago in an interview with Times Radio....
...But barely 24 hours later he U-turned in a fresh email in which he said he was quitting after having reflected on the matter....
...Most Labour politicians who cite former premier Harold Wilson among their influences are really saying that they like the idea of winning but without having to upset anyone on the left....
...A Conservative spokesperson said: “The prime minister was saying there were a lot of U-turns that the leader of the opposition has been making, I don’t think those U-turns are a joke, these are serious changes...
...The Tories seized on the U-turn....
...Train operators in England had been planning to generate significant savings from the mass closure of ticket offices, but the government ordered a U-turn in October following a public backlash....
...Senior railway executives privately expressed frustration at the U-turn....
...Lucy FisherAnd the FT’s Jim Pickard. Hello, Jim. Jim PickardHi. [MUSIC PLAYING] George Galloway in clipKeir Starmer, this is for Gaza....
...Free links: Labour’s green U-turn: how Starmer dropped £28bn ‘albatross’ Mandates are overrated - Keir Starmer just needs the win Sunak urges Northern Irish executive to focus on ‘day-to-day matters’...
...Rishi Sunak on Wednesday ignited a business backlash and a Conservative civil war on the environment as he announced a series of U-turns on key targets to tackle climate change....
...government’s court case in Australia that attempted to block the publication of Wright’s book, in which he claimed he was part of a small group of MI5 agents that plotted to oust Labour prime minister Harold...
...You heard there the FT’s Jim Pickard talking about how the UK’s car industry could be affected by Rishi Sunak’s net zero U-turn. More from him later....
...The U-turn is a blow to government hopes that employers would use the powers to limit the effects of strikes, in the first big test of the legislation that covers some public sector workers, including rail...
...Rishi Sunak on Wednesday ignited a business backlash and a Conservative civil war on the environment as he announced a series of U-turns on critical targets to tackle climate change....
...Barker said he shared concerns about the volume of reporting requirements faced by UK companies but criticised the government’s U-turn....
...And shale doesn’t really help with that,” said Jim Krane at Rice University’s Baker Institute. “Yes, we’re a big producer....
...The ruling Conservatives have at times endured a fraught relationship with business over the way Brexit was implemented and more recently over U-turns on some of the government’s net zero targets....
...In May Starmer confirmed the U-turn, saying: “We are likely to move on from that commitment because we find ourselves in a different financial situation....
...The influential House of Commons Treasury select committee — whose chair Harriett Baldwin had described HMRC’s plans as a “great shame” — welcomed the U-turn, saying “common sense has prevailed”....
...Tuesday’s U-turn is the latest in a series of dilutions and delays to the overhaul, following a pushback by companies that would have been affected by the changes and a government push to lighten regulation...
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