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UK politics
UK manufacturing groups hit out at Sunak’s U-turns on net zero pledges
...The U-turns included pushing back a ban on the sale of new petrol and diesel cars from 2030 to 2035 and diluting the phaseout of fossil fuel boilers....
September 26, 2023
Transcript
Transcript: Will Labour’s green U-turn weaken Starmer?
...Jim PickardThere have been an awful lot of U-turns....
February 9, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Letter
Letter: What a new temple tells us about a ‘secular’ India
...The government of a secular republic very evidently should not be promoting a particular religion or basing its development on the promotion of that religion....
January 19, 2024
Stephen Bush
Little good can come of Starmer’s green U-turn
...But some in today’s shadow cabinet remember — and worry — that Wilson struggled to win a majority in his first election and that his government was a byword for chaos and bitter division....
February 9, 2024
News in-depthGerman politics
EU partners lose trust in Berlin after policy U-turns
...But Scholz’s government came into power promising a new approach....
February 16, 2024
UK politics
Starmer slashes green spending pledge to £4.7bn in major U-turn
...The U-turn is particularly awkward for Starmer given he used the £28bn figure himself just days ago in an interview with Times Radio....
February 8, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
News in-depthLabour Party UK
Labour’s green U-turn: how Starmer dropped £28bn ‘albatross’
...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...
February 8, 2024
Rare earths
The rare earths mine becoming a bellwether for US minerals policy
...Amos Hochstein, the US government’s chief energy security adviser, said the future energy market could fall into similar traps to those seen with fossil fuels....
April 21, 2024
Labour Party UK
Labour vows to be ‘laser-focused’ on net zero despite £28bn U-turn
...Ed Miliband has insisted a Labour government will be “laser-focused” on decarbonising the UK’s electricity system by 2030, in his first major speech since the party dropped its £28bn a year green investment...
February 27, 2024
Fortescue Metals Group Ltd
Fortescue chair slams Germany for U-turn on EU supply chain rules
...Australian mining billionaire Andrew Forrest has slammed Germany for its U-turn against EU legislation that would punish companies for environmental and human rights abuses in their supply chains....
February 19, 2024
War in Ukraine
Slovakia’s prime minister U-turns on Ukraine support during visit
...Slovakia’s Russia-friendly prime minister has made an unexpected U-turn on Ukraine, pledging support on his first trip to the war-torn country only days after questioning its sovereignty....
January 24, 2024
News in-depthLabour Party UK
Labour’s political credibility questioned after green spending U-turn
...The slow-motion scrapping of Starmer’s most expensive policy was ridiculed by Conservative Prime Minister Rishi Sunak, who said Labour’s plan for government was “in tatters”....
February 9, 2024
Investments
UK reverses thresholds for promos to angel investors after backlash
...Sarah Turner, chief executive and co-founder of Angel Academe, a network supporting female investors, welcomed the move but said she would like to see the government go further....
March 6, 2024
News updates from February 9: S&P 500 finishes above 5,000, Sunak notches capital gains of £1.8mn in 2023
Labour blames government finances for ditching £28bn green investment plan
...Shadow chancellor Rachel Reeves blamed a Labour U-turn on its pledge to spend £28bn on decarbonising the UK economy on the “Conservatives crash[ing] the economy and causing huge damage”....
February 9, 2024
Rail
Government orders U-turn on rail ticket office closures in England
...Senior railway executives privately expressed frustration at the U-turn....
October 31, 2023
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
UK local government finance
Scotland council tax U-turn prompts backlash from local authority leaders
...The U-turn “completely undermines the powers of local government, which are very few and far in between”, Cammy Day, Edinburgh council leader, told the Financial Times....
November 3, 2023
ExxonMobil
ExxonMobil makes U-turn on monitoring its methane emissions
...The decision represents a sharp U-turn for Exxon, which as recently as its annual meeting in May urged shareholders to vote against a resolution calling for it to join the programme, arguing that doing so...
November 29, 2023
Alice Ross
Sunak’s green U-turn dismays sustainable investors
...Some point to the likelihood of a change in government at the next election....
October 12, 2023
Rail
England’s train operators brace for further budget cuts
...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....
December 28, 2023
Transcript
Is Rishi Sunak’s net zero U-turn a vote-winner?
...This is an audio transcript of the Political Fix podcast episode: ‘Is Rishi Sunak’s net zero U-turn a vote-winner?’...
September 22, 2023
Labour Party UK
Labour set to ditch £28bn-a-year green investment target
...The Tories seized on the U-turn....
February 8, 2024
Climate change
Scotland ditches 2030 climate target as being ‘out of reach’
...The UK commitment is also one that the Climate Change Committee has said it has “low confidence” would be met, after UK Prime Minister Rishi Sunak announced a series of U-turns on key green measures....
April 18, 2024
Instant InsightCamilla Cavendish
Cynicism about Sunak’s net zero U-turns is understandable
...Sunak’s speech reflected a reality that has been dawning for most European governments since Russia invaded Ukraine....
September 20, 2023
UK economy
The Bank of England is misusing its fiscal powers
...For Labour, it’s public dithering followed by U-turn after U-turn, the most recent on spending £28bn yearly for green investment....
February 29, 2024
US economy
Goldman: The US GDP–GDI gap won’t hurt you
...— Fourth, the list of state and local government enterprises that are included in GDI has not been updated for several decades, and several of the largest state and local government enterprises no longer...
February 12, 2024

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