In a letter to staff, seen by the BBC, Stuart Crooks, the managing director of Hinkley Point C, said there were 7,000 substantial design changes required by British regulations that needed to be made to the site, with 35% more steel and 25% more concrete needed than originally planned.
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Oil cartel leader warns of prolonged high prices
admin, , Business, 0
Brent crude, a benchmark for prices, breached $95 a barrel on Tuesday amid predictions of shorter supplies, with fears...
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Ambulance strikes: Unite union suspends action in England
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The Unite union suspends strikes in England to enter pay talks, following the Unison and GMB unions.
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Airports set to be busy after IT outages
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Airports are expected to be busy over the weekend after massive outages hit computer systems globally. Journeys could still...
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Mortgage rates soar to cusp of mini-budget peak
admin, , Business, 0
The recent rises in mortgage costs are also likely to have a knock-on effect on renters who could face...
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Gas prices rise on fears of strikes in Australia
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Speaking to the BBC’s Newsday programme earlier this month, Mr McWilliams said: “Australia typically supplies Asia, but if these...
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Bank opens door to August interest rate cut
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The Bank of England has opened the door to cutting interest rates in August in what would be the...
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Coronavirus drives shop closures to new record
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Lisa Hooker, consumer markets leader at PwC, says amid the turmoil, there continues to be a steady flow of...
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