Tata Group to Invest £4 Billion in UK Electric Car Battery Factory, Creating Thousands of Jobs Summary: Tata Group announces £4 billion investment in a new UK electric car battery factory. The investment is expected to create thousands of jobs and make the factory one of Europe's largest battery production facilities. Chancellor Rishi Sunak praises the investment as a 'fantastic vote of confidence' in the UK economy. Factors influencing Tata's decision include the quality of skilled workers, the competitive tax regime, and supportive government policies. The location of the Gigafactory is yet to be disclosed. Prime Minister remai...

Summary: Jamie O'Hara and Jason Cundy engage in a fiery discussion about Chelsea 's summer spending spree. O'Hara criticizes the club's high fees for players from other Premier League teams, accusing them of 'ruining football'. The debate covers the financial aspects of Chelsea 's spending, with Cundy defending the investment -oriented approach and O'Hara remaining skeptical. A Chelsea fan, Shaq, joins the conversation to highlight the club's concentrated rebuilding strategy and future stability. The discussion ends with differing views on Chelsea 's spending and its potential impact on ...

Summary: FTSE 100 is down despite the announcement of new North Sea oil and gas licenses. Financial Conduct Authority (FCA) has undergone an overhaul for fair treatment of consumers. UK's largest banks are planning a £5 million advertising campaign to support customers with repayments. BT Group 's shares slipped after the announcement of Alison Kirkley as the new chief executive. Marshall 's share price plummeted following the news of 250 job cuts . Walmart acquires TigerGlobal 's investment in Flipkart for $1.4 billion, increasing its stake to over 80%. ScanCell 's share price rises as the company expa...

Summary: Housing costs are rising significantly, affecting millions of homeowners on variable or fixed-rate mortgages. The Bank of England's successive rate increases bring short-term stability but pose challenges for those struggling with housing costs. Volatility in the housing market is expected as some homeowners need to sell their properties at reduced prices. Investment in energy-efficient and high-quality housing stock is essential for the long-term stability of the market. ...

Summary: Spotify suffers a £34 million hit after cutting back its podcasting division, including terminating its deal with Meghan and Harry. Debates arise over whether the couple's popularity was worth the investment for Spotify. Some argue that Spotify's business decisions and overestimation of podcast returns contribute to the financial losses. Spotify has taken a £34 million hit after making heavy cutbacks in their podcasting division, including terminating their con...

Glazers DETERMINED TO SELL United For £5 Billion+ | Takeover UPDATE: Five Bidder Identities Revealed When it comes to Manchester United right now, nothing is more important than the sale of the club than getting rid of the glazes. In this video, I'm going to bring you bang up to date with everything that is happening because stage two is now underway. My interview with Ben Jacobs covered all of that in some real detail. This one's I suppose a little bit of a bite-size version of that and also some updates from James Ducker and Tom Morgan from the Telegraph because all the identities have now been revealed as to the hedge funds who are looking to come in from Manchester United. And I really want to serve this video as a warning against anything like that and why it isn't right for the club. Now look, last night at Old Trafford, the banners were there against Real Betis. The...

Summary: The government unveils plans to make it easier for people to expand homes upwards and outwards. Increased investment in brownfield sites aims to revitalize urban areas and boost homeownership. The government stands by its commitment to build 300,000 homes annually by the mid-2020s. Local opposition and environmental concerns pose challenges to housing development in certain areas. Addressing the housing crisis remains a significant issue for future elections. After a...

Summary: Buy-to-let mortgages entering arrears witness a significant increase, raising concerns for renters and the overall housing market . Rental costs are projected to rise in the coming months, further burdening tenants who already allocate a substantial portion of their earnings toward housing. Insufficient housing supply amid escalating demand emphasizes the urgency of addressing the housing crisis and promoting affordable solutions. The state of the housing market is compounded by decades of inadequate investment in social housing , leading to a deteriorating situation for renters and the homeless. Government interventi...

Summary: FTSE 100 reaches four-week highs after consumer prices rise 7.9% in June, according to ONS data. Tata Motors announces £4 billion investment for the UK's first large-scale EV battery plant. National Grid sells 20% of the UK's gas network in a £700 million deal. Hargreaves Lansdowne reports a 6% jump in net new business during the quarter. Thacker Pass Lithium project gets approval from the US Court of Appeal, boosting Trident Royalty shares. London's FTSE...

Summary: Retail sales in the UK increased by 0.7% in June 2023 compared to the previous month, but were down by 1% compared to June 2022, indicating a gradual slowdown. Consumer confidence in July showed a decline, attributed to rising interest rates, fiscal drag, and reduced disposable income. Small businesses face challenges due to the cost of doing business, including higher interest rates, inflation, and the highest tax burden in 70 years. The UK government borrowed £18.5 billion in June 2023, with a significant portion going towards paying interest on previous debt. Debates arise about the sustainability of government borrowin...

Northern mayors call for TransPennine to be removed as 20,000 trains cancelled | 5 News Whether coming or going by rail in Newcastle today, Plenty had something to say about. Rail services in the north of England. But it's no laughing matter when you're facing delays and cancellations or multiple changes. I come from Hull and it's bad enough to get a train from Hull to here. But having stopped at Leeds as well, I thought there would have been a direct train. The cross-country isn't very prompt. There's a turn-up on time, you've cancelled, you're not going to. I'm so tired of train turmoil, the mayor of West Yorkshire in Newcastle for a transport for the North Conference. She and other Northern mayors demanding more investment for rail in the region. How was your journey here? Well, certainly from Slout where I live in Huddersfield, the train was cance...

Summary: The Scottish village of Kenmore faces a radical transformation as an American real estate firm plans to build 208 luxury homes, causing concerns among the local community. Locals fear the development will lead to a privatized and exclusive environment, shutting them out of their own village and leaving many parts deserted. While some see the potential for economic benefits, others worry about the loss of the village's identity and call for government intervention to protect its character. ...

Summary: Youssef Chermiti expresses excitement and readiness to join Everton. The player is motivated by Everton's project and goals . Chermiti embraces the club's history and eagerly awaits engaging with the fans. He aims to enhance Everton's attacking options and contribute to the team's success. Chermiti highlights his qualities and looks forward to learning and growing at Everton. ...

Summary: Fans reflect on Harry Maguire 's legacy at Manchester United as he prepares to join West Ham United . Opinions vary on Maguire's performance , with some praising his professionalism and others highlighting his challenges . Supportive messages are shared for Maguire's future at West Ham, emphasizing his potential to excel in a different environment. Discussion includes Manchester United 's recent upgrades , managerial changes, and optimism for the upcoming season. Mixed perspectives on Maguire's captaincy and fit within different tactical systems are presented. Supporters express solidarity with Ma...

Summary: UK sees record number of heat pump and solar panel installations, averaging over 20,000 per month. Government offers up to £5,000 in incentives for renewable energy installations. Investment of £6.6 billion has upgraded 2.5 million homes, with 47% rated C or above. Goal of 600,000 heat pump installations per year by 2028. Debate continues over adequacy of government funding for reaching net zero targets by 2050. ...

Windsor Framework has received a 'cautious welcome' in Northern Ireland All right, let's get the view now of Michelle O'Neill, because this time last week all the talk was of the PM's deal with the EU over the Northern Ireland protocol. This seemed to get a decent enough reaction from most parts, but of course the big question is what do the DUP do, the largest unionist party in Northern Ireland? They say they won't rejoin power sharing if they're not happy. Well, the largest party at Stormont is Shinfeng, and its leader there would have been First Minister. That's Michelle O'Neill. She joins us live now. Thank you very much for being on the programme this morning. Has Rishi Sineq negotiated a good deal for Northern Ireland? Well, I think we've all had the best part of a week now to reflect on the deal, and I think it's fair to say that the ...

Summary: NVIDIA 's earnings report exceeded analyst expectations, leading to a 13.2% surge in stock price in extended trading. Other chip stocks , including AMD and Intel , also experienced significant gains as a result of NVIDIA 's success. ST Microelectronics , a French chip manufacturer, saw a positive stock price response due to the market's enthusiasm following NVIDIA 's earnings . ...