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The Latest Breaking News from Government Intervention

Electricity prices to rise by up to a quarter in parts of Australia after energy regulator issues market default decision

Australian Energy Regulator says power bills would have gone up twice as fast without government intervention

The Guardian - AU

ChatGPT chief tells US Congress that AI regulation is 'critical'

The head of the artificial intelligence company that makes ChatGPT told Congress on Tuesday that government intervention will be critical to mitigating the risks of increasingly powerful AI systems.

France 24

Bill Ackman: 'No regional bank can survive bad news'

The hedge fund manager has called for stronger government intervention, including full depositor protection, since turmoil began in early March.

Fortune

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US bank failures ‘very different’ from 2008 crisis, Yellen says

US treasury secretary hails government intervention to guarantee depositors’ money and says banking system is ‘sound’.

Al Jazeera

Thousands protest in Portugal to demand higher wages, cap on food prices

Thousands of protesters filled downtown Lisbon on Saturday to demand higher wages and pensions, as well as government intervention to cap soaring food prices they say are strangling already tight budgets.

Reuters

Electricity prices set to surge up to 30 per cent as regulators reveal draft pricing plans

The Australian Energy Regulator releases its draft electricity price increase for the coming financial year, but says its default market offer would have been higher without government intervention.

ABC News

Train fares to rise by 5.9% TOMORROW - how to get cheaper tickets before deadline

This is the largest regulated rail fare price hike in more than a decade as the Transport Secretary says it is the "biggest-ever government intervention" - with millions of travellers set to be affected

Daily Mirror

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Shock and Orr: Rate hikes kill off housing affordability and development

With the cost-of-living and housing crises, the need for Government intervention in the housing market is becoming more urgent. What that intervention will be may determine the colour of our next Government, argues Edward Miller

Newsroom.co.nz

2 Nottingham pubs being sold off by the city council as it looks to balance books

It comes at a time when the city council continues to work to avoid Government intervention in the form of commissioners.

Nottingham Post

Rent freeze in Scotland 'diverting millions of pounds in development to England'

A leading Scottish architect called a government intervention in the private rental sector "well-intentioned" but warned it was now "proving to be damaging".

Daily Record

Nottingham City Council avoids government intervention but warned not to 'loosen its grip'

The Government has confirmed that it will not be sending commissioners in to run Nottingham City Council at this stage, but that there is "much to do" for it to improve.

Nottingham Post

Uncertainty remains over whether Government commissioners will be sent to run Nottingham City Council

Nottingham City Council's leader hopes that certainty will soon be provided on whether more Government intervention will take place at the authority.

Nottingham Post

'Finally have the backbone': why Hunter Gas Pipeline backer supports price cap

Hunter business identity Garbis Simonian has backed calls for government intervention to curb the price of gas.

Newcastle Herald

Treasury backs intervention in Australian energy market to ‘quickly’ reduce prices

‘War-driven price shocks’ signal possible need for government intervention to address energy costs, Treasury secretary says

The Guardian - AU

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Nottingham Post

Nottingham City Council has 67 'requirements' to avoid more government intervention

The requirements have to be met by the end of November

The Hindu

Kuttamperoor river in Alappuzha – the story of the resurrection of a river

The rebirth of the 7.2-km waterbody, a tributary of the Pampa and Achencoil rivers, has been made possible over a period of six years through public participation and government intervention

Wales Online

Two Welsh health boards placed under higher level of government intervention

The Welsh Government, Healthcare Inspectorate Wales and Audit Wales meet at least twice a year to discuss the overall position of each health board

The Independent UK

Yellen warns inaction on climate could cause economic crisis

Treasury Secretary Janet Yellen is warning of economic calamity if climate change is not addressed with immediate government intervention

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Daily Record

Wishaw businesses will feel pinch this winter despite government intervention on energy costs

Energy bills for UK businesses will be cut by around half their predicted level this winter under a huge government support package.

The Hindu

Moscow to stop energy supply if prices are unfair, says Russian Ambassador to India Denis Alipov

India has maintained that the purchase of Russian crude is not made through government intervention and the supply is being sourced from the global market

Bristol Post

Martin Lewis close to tears as he says he has no answer to the energy price hike

He says we are "extremely in need of some Government intervention"

The Guardian - AU

Guardian Essential poll: 70% of people want price caps on essential services such as energy

Most want more government intervention in ‘broken’ Australian economy with support also strong for windfall profits tax

Liverpool Echo

Further government intervention 'won't solve Liverpool's problems' - Mayor

Mayor Joanne Anderson questioned the wisdom of further oversight from Westminster in a statement

ABC News

Tourism leaders call for short-stay property regulation as Daylesford housing crisis worsens

Daylesford's councillors have already knocked back a higher rates system for short-term accommodation owners. Now its peak tourism body says it's time for government intervention.

Reuters

S.Korea's Yoon says shipyard strike unacceptable, signals intervention

A strike by contract workers at Daewoo Shipbuilding Marine Engineering (DSME) is unacceptable, South Korean President Yoon Suk-yeol said on Tuesday, raising the prospect that his government could use force to break it up.

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