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Three years after she took over the top role from Ross McEwan, and renamed Royal Bank of Scotland, or RBS, with the Natwest brand, Ms Rose said that the impact of inflation, higher interest rates and the invasion of Ukraine has caused a “concern” for business about “confidence to grow”.

“While electric car drivers may not be immune from the rocketing price of wholesale energy – most notably gas, which in turn dictates the cost of electricity – there’s no doubt that charging an electric vehicle still represents excellent value for money compared to filling up a petrol or diesel car,” RAC fuel spokesman Simon […]

But in a public letter last month the 86-year-old wrote: “At this point in my career, I consider it my responsibility to engage in constructive activism to help rectify glaring injustices perpetuated by many ineffective boards of directors and management teams leading America’s top public corporations.”

When challenged on pay levels, and the fact that seafarers on Dover to Calais route were being paid well below the UK National Minimum Wage, he said the firm’s wages were consistent with international standards, adding the crewing model was consistent with 80% of global shipping.

Rachel Reeves, Labour’s shadow chancellor, said: “After five months of being dragged kicking and screaming, the chancellor has finally come to his senses, U-turned, and adopted Labour’s plan for a windfall tax on oil and gas producer profits to lower bills.”

That is a bigger hit to domestic budgets than had been anticipated by many analysts. For about 19 million of the 23 million households affected in England, Scotland and Wales, the higher cost will reflected in bigger direct debit demands from their supplier. Prepayment meter users will see a sudden jump from October.

Mr Candy is also switching to “veganic production”, which prohibits the use of manure, or any other animal product, to improve the soil. For this, he is working with a body called International Biocyclic Vegan Network, which promotes and certifies plant-based, organic farms around the world.

Earlier in the week, Prime Minister Boris Johnson said: “We have got to do what we can, and we will, to look after people through the aftershocks of Covid, through the current pressures on energy prices that we are seeing post-Covid and with what’s going on in Russia, and we are going to put our […]

David Whitmore, chief executive of Slater and Gordon, which represented around 70,000 of the claimants, said: “The settlement avoids the need for a lengthy, complex and expensive trial process and we are delighted to have achieved this settlement for our customers as a result of the group action.”