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Thursday newspaper round-up: Post Office, Vestas, McLaren

Thu 12 Dec 2024 07:18

(Sharecast News) - The police criminal inquiry into the Post Office has identified dozens of persons of interest so far, as a team bolstered to 100 officers investigates the actions of executives, legal teams and civil servants connected to the Horizon IT scandal. The investigation, which the police describe as unprecedented in size and scale, is in the first instance examining potential offences of perjury and perverting the course of justice by those involved in making "key decisions" on Post Office investigations and supporting prosecutions of branch owner-operators. - Guardian The wind turbine maker Vestas has said it will cut 300 jobs at its Isle of Wight factory. Staff at the plant in Newport have been told at least half of its manufacturing operation, which employs 600 people, will be cut amid changing demand for turbine blades. Vestas, a Danish manufacturer with operations in 88 countries, is switching from making offshore blades to smaller, onshore blades, which will only sustain 300 jobs at the site, it said. - Guardian

Labour has been accused of seeking to bulldoze through the Home Counties as Angela Rayner prepares to unveil the biggest overhaul of planning rules in a generation. The Housing Secretary will on Thursday unveil a new National Planning Policy Framework (NPPF) intended to pave the way for thousands of estates across the South East. - Telegraph

British supercar maker McLaren has been sold to an Abu Dhabi sovereign wealth fund, in a deal presided over by the Emirate's crown prince. The Woking-based company has until now been owned by state-owned Bahraini investment outfit Mumtalakat. But the firm has now sealed an agreement to sell McLaren's automotive business to CYVN Holdings, which is managed by the trillion-dollar Abu Dhabi Investment Authority. - Telegraph

One of America's largest car manufacturers is set to abandon its plans to develop a driverless taxi after the programme was marred by an accident last year. General Motors (GM) had made the new technology a priority, pouring more than $10 billion into its Cruise robotaxi vehicle since 2016. The company announced on Tuesday that it plans to shift the focus of the Cruise programme to concentrate on developing advanced driver assistance systems for personal vehicles instead. - The Times

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Thu 09 Jul 2026 07:17
Thursday newspaper round-up: UK vets, Sizewell B, Terry Smith
(Sharecast News) - UK vets may have to have a licence and cap prescriptions for pet medicine at £21 under plans being considered by the government. Ministers are also considering establishing a regulator for the veterinary sector, including inspections, a mandatory licensing system and published compliance reports to improve accountability and choice. Every vet practice could need an official operating licence - similar to GP surgeries and care homes - under proposals in a white paper. - Guardian
Wed 08 Jul 2026 07:27
Wednesday newspaper round-up: Regional income divide, John Lewis, mortgages
(Sharecast News) - Britain's deep regional income divide has barely changed in 30 years despite the promises of successive governments to narrow the gap, according to a report showing the challenge for Andy Burnham. As the prime minister-in-waiting prepares for government, the Resolution Foundation said almost no progress had been made since 1997 to tackle stark divisions in household income, before housing costs are taken into account, between the richest and poorest parts of the country. - Guardian
Tue 07 Jul 2026 07:17
Tuesday newspaper round-up: Gambling customers, student loan repayments, Russian bankruptcies
(Sharecast News) - The Scottish government is about to consider a sweeping moratorium on building new datacentres, putting a key plank of the UK's AI strategy at risk. Last Sunday the Scottish National party (SNP)'s national council passed a motion to freeze all new datacentres in Scotland. That motion has been sent to the Scottish government to consider. It could apply to all datacentre projects that have not yet received planning permission - although its exact implementation is up to the Scottish government to decide. - Guardian
Mon 06 Jul 2026 07:12
Monday newspaper round-up: Affordable housing, mobile coverage, unemployment
(Sharecast News) - Half of all affordable housing supply in rural England could be under threat under plans being considered by ministers to relax regulations for private housing developers, according to analysis. The government has proposed ending affordable housing quotas - known as section 106 agreements - for new developments of between 10 and 49 houses in an effort to jumpstart sluggish housebuilding rates. Ministers are due to make a final decision within weeks on whether developers should be allowed to make cash payments to local authorities instead. - Guardian

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