Cross-Party Committee Shakeup: Former Reform MP Lands Influential Spending Watchdog Role
Political Realignment in Westminster In a significant parliamentary development, former Reform UK MP Rupert Lowe has been appointed to the…
Tag: Member of parliament
Lancashire Council Declines to Support Permanent Fracking Ban Amid Political Debate
Lancashire County Council has refused to back a permanent ban on fracking following a motion from Labour opposition. The decision comes amid renewed political debate over the controversial extraction method that was effectively banned in 2019 after causing earthquakes in the region.
Council Rejects Fracking Ban Motion
The Lancashire County Council, currently led by the Reform UK party, has declined to support a motion calling for a permanent ban on fracking, according to reports from a recent council meeting. The decision comes after Labour group leader Mark Clifford put forward the proposal requesting the council formally ask the government to maintain the existing prohibition on the controversial extraction method.
** China Rare-Earth Export Restrictions Boost MP Materials Stock as Supply Fears Grow
** MP Materials stock surged 8% after China announced expanded rare-earth export controls. The US company stands to benefit from reduced Chinese supply and increased domestic investment. Geopolitical tensions highlight America’s critical minerals vulnerability. **CONTENT:**
China’s latest rare-earth export restrictions are pushing MP Materials stock significantly higher as investors bet on reduced Chinese supply and increased US domestic production. The Las Vegas-based company saw its shares jump approximately 8% on Friday after Beijing revealed expanded controls covering 12 of the 17 rare earth elements, with new regulations taking effect December 1 that will require foreign purchasers to secure licenses. This development comes amid renewed U.S.-China trade tensions and highlights America’s vulnerability in critical minerals supply chains.