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BBCNEWS Business Today September 6, 2024

On wednesday following a report the White House is preparing to formally block Nippon Steels 14 Billion takeover bid. People familiar with the matter say a decision could be made as soon as this week. The move would be highly controversial and critics say it would lead to Job Losses and could chill foreign investment in the us. For more, heres our North America Business correspondent Ritika Gupta in new york. Nippon steels 14 Billion bid to acquire united States Steel has been caught in the crosshairs of an election year, and in the crucial Swing State of pennsylvania, where us steel is based. Us president Joe Biden has long pledged that the iconic american company, headquartered in pittsburgh, should remain dom ....

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BBCNEWS Breakfast September 6, 2024

New Regulator Powers aimed at reducing pollution. Cheese as far as the eye can see. Good morning from this dairy in nottinghamshire where they have made stilton for over 100 years. But have we lost our taste for the traditional Christmas Favourite . Good morning. Start spreading the news. Jack draper is making it in New York, as he powers through to the last four, at the Us Open a first semifinal, at the Us Open a first semifinal for him at a grand slam. And big contrasts across the country. We could see a Months Worth of rain for some in the south whereas in scotland potentially the warmest weather since may. Its thursday, 5th of september. Survivors and relatives of those who died as a result of the Grenfell Tower Disaster say theyre still waiting for justice, after a damning report set out a catalogue of failures. The six year public inquiry s final report laid the blame on su ....

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BBCNEWS BBC July 2, 2024

at the general election. there had been uncertainty about her political future after she was readmitted by the party yesterday. ms abbott who was the uk s first black woman mp was suspended by labour last year after suggesting thatjewish, irish and traveller people did not face racism all their lives. she later apologised. the breaking news about diane abbott was just put to labour s shadow health secretary wes streeting on bbc breakfast. here s what he had to say. well, you are right, lam hearing this for the first time. i am glad that yesterday the suspension of diane abbott was lifted and the whip was restored. what she said that led to her suspension was wrong, and when keir starmer said he would restore discipline and standards in the labour party, he really meant it. i think it is also important to acknowledge that diane abbott herself apologised and accepted she had done wrong and that apology has clearly been accepted. i am not up to speed with the latest decisi ....

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Lock 'em up? The Pensions Regulator's new criminal powers

Lock ‘em up? The Pensions Regulator’s new criminal powers
From 1 October 2021, The Pensions Regulator (TPR) will have new criminal powers to bolster its anti-avoidance arsenal, but what does it really mean for those involved with the running of pension schemes?
The new powers allow TPR to investigate and prosecute any person who avoids an employer debt, anyone who does (or doesn’t do) something which would prevent pension scheme members from receiving their benefits in full, and anyone who does not comply with a contribution notice issued under Section 38 of the Pensions Act 2004.
Anyone prosecuted by TPR for these offences faces up to seven years in prison and a potentially unlimited fine. Either consequence is likely to be a worrying one for those potentially within scope of the new powers, and many are speculating that we might see an exodus of non-professional trustees who do not want to open themselves up to the risk of imprisonment for a task they often vol ....

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