As Sir Keir Starmer seeks to deliver economic growth, the worklessness crisis he inherited from Rishi Sunak is getting markedly worse, The Telegraph reported. Around 9.5m people of working age are neither in work nor looking for work – they are economically inactive, in the parlance of the Office for National Statistics. That is terrible news for the Prime Minister, who will struggle to drive up GDP if so many of the nation’s adults are not even interested in working. The figures also show the causes of another crisis: migration levels.
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Bharti Global has agreed to buy a major stake in BT Group Plc, a deal that will bolster the Indian company’s international expansion while giving the British carrier more investor stability, Bloomberg reported. Bharti, an affiliate of conglomerate Bharti Enterprises, is buying the 24.5% stake from shareholder Altice UK, part of Patrick Drahi’s troubled telecommunications empire. Drahi has been selling off assets to pay down debt and the BT stake is among his most valuable.
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