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Monday newspaper round-up: hospitality businesses, rail passengers, Battersea Power Station

Mon 14 Sep 2026 07:18

(Sharecast News) - Hundreds of UK hospitality businesses, backed by celebrity chefs including Angela Hartnett and Heston Blumenthal, have asked Andy Burnham to lay out plans to lower VAT for the sector, urging him to make good on his previous pledge. More than 800 businesses have written an open letter to the prime minister as part of the #VATsTheProblem campaign, to warn that without a "fairer tax burden for hospitality", there will be more closures and job losses, and fewer opportunities for young people. - Guardian Rail passengers whose trains are cancelled will have the immediate right to travel on other operators' services to finish their journey without further charge, ministers have announced. The "commonsense change" will take effect from Sunday 20 September, ending the confusion in Britain where many pre-booked tickets are not valid on other firms' trains. - Guardian

Labour's wealth tax raid combined with stringent planning laws has effectively killed off ultra-luxury property developments in London, experts have warned. Branded residences - luxury homes with hotel services - are often viewed as symbols of status and wealth creation. Some of the UK's best-known examples include the Mandarin Oriental at One Hyde Park, and the OWO Residences by Raffles in Mayfair. - Telegraph

Wind farm owners have been accused of pushing up household bills by exploiting a "loophole" in green energy subsidies. The loophole involves contracts for difference (CfDs), the 15- or 20-year fixed-price deals that are handed to wind farms to give developers certainty about their future income. These are used to underpin the finances of most renewable energy schemes and are ultimately funded through consumer bills. - Telegraph

The transformation of the Battersea Power Station site is entering its final phase 14 years on from the beginning of the project after the owner unveiled its revamped plan for the remainder of the neighbourhood. A planning application outlining proposals for the 16 acres of undeveloped land in central London that are left has been submitted to Wandsworth council by the company overseeing the project. - The Times

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Mon 12 Oct 2026 07:23
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(Sharecast News) - John Healey has been warned by Britain's leading tax and spending experts that his budget risks being a "work of fiction" unless he sets out plans to cover £35bn in spending pressures. As the war in the Middle East rattles the public finances, the Institute for Fiscal Studies (IFS) said the damage from higher inflation meant the chancellor would need to either top up funds for his current government spending plans or impose deep real-terms cuts by the end of the decade. - Guardian
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(Sharecast News) - Top bosses at Goldman Sachs are in line to share a bonus pot worth up to $500m (£378m) this year, marking one of the biggest payouts in the Wall Street bank's history. The eye-watering sum will be shared between 20 bankers, with its chief executive, David Solomon, due to take about $100m (£75.6m) of the reward, which is made up of Goldman Sachs stock. That is more than double the value of the record $47m (£35.5m) annual pay packet he was granted last year. - Guardian
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(Sharecast News) - Drivers will be able to see live petrol prices on Google Maps for the first time from Thursday, in a move that will help motorists shop around for the cheapest fuel. Millions of motorists will be able to find the cheapest petrol and diesel prices by searching for a local forecourt in the Google app, in what could prove to be "a major development" in making fuel prices more fair, according to campaigners. - Guardian
Wed 07 Oct 2026 07:23
Wednesday newspaper round-up: Energy bills, O2 , BT/TalkTalk, Meta
(Sharecast News) - John Healey is planning a major intervention to cut energy bills for poorer households in this month's budget, after ministers became alarmed at forecasts that show bills rising by hundreds of pounds in January. The chancellor is working on plans to spend more than £1bn to help energy consumers, the bulk of which is likely to go towards increasing the discount given to households on certain benefits. - Guardian

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