Mood – Taking the biscuit (3/10)

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Ahead of National Biscuit Day, last straws are being accused of breaking camels’ backs, with Rishi Sunak charged with costing taxpayers £6bn by dithering over his windfall tax U-turn to pay for his £15bn cost of living support package and Labour asked how it will cope with its main policy being stolen. As the super-wealthy stand to collect £1,200 if they have three homes, the Chancellor says he will give his rebate to charity. Security guards and cleaners are to protest in Downing Street after the ‘partygate’ report claimed there’s a Whitehall ‘culture of disrespect’.

DISTURBING THE STATUS QUO

As Jaguar Land Rover’s owner Tata Motors threatens to move its electric vehicle production to Slovakia in a row over government funding for its planned gigafactory, the BBC is putting 1,000 jobs at risk by making CBBC, BBC Four and Radio 4 Extra online-only services. Wimbledon is to stop using Mrs and Miss on its women’s honour roll

PUTTING CHERRIES ON TOP

Corporates are trying to excel on the upside, with KPMG hiring 3,500 tech workers and EY planning to become the first big four accountancy group to spin off its auditing arm. As FirstGroup considers a £1.2bn private equity offer, Stagecoach is spending £20m on 150 east London buses. Justin Timberlake is selling his song catalogue for more than $100m. Macy’s shares have surged 19% after the retailer raised its 2022 profits outlook. The FTSE All-Share is bucking Britain’s gloom.

UPSETTING THE ODDS

Scientists say Methuselah, a 4,853-year-old Californian bristlecone pine thought to be the world’s oldest tree, may actually be 600 years younger than a Chilean conifer known as the Great-Grandfather. And new banana-flavoured Jammie Dodgers are dividing opinion at budget stores group B&M.

 

 

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