Business
Swinney has ‘bottled it’ on nuclear, Starmer says as he urges SNP to end ban
The Prime Minister has urged John Swinney to end the ban on nuclear energy in Scotland after announcing the UK’s first small modular reactor in Wales.
Sir Keir Starmer said the SNP had “bottled it” on nuclear which has caused jobs to “vanish”.
Anas Sarwar, the Scottish Labour leader, accused the First Minister of “student politics”. He has promised to end the ban if he becomes first minister after the 2026 Holyrood election.
He said the Scottish Government’s no-nuclear policy is costing the country thousands of jobs and billions in investment.
The Scottish Government has consistently been against the creation of new nuclear power stations north of the border, with control of planning laws giving ministers an effective veto.
Mr Sarwar joined Sir Keir in calling for the SNP to change the policy.
Sir Keir said: “For years, the Tory government in Westminster and the SNP government in Scotland bottled it on nuclear.
“They talked big, delivered little, and left the country exposed. It’s our communities that have paid the price for that, watching as jobs vanish and ambition withers.
“John Swinney’s knackered SNP government has failed. They’ve banned nuclear in Scotland and the opportunities it brings.
“Instead, they consume themselves with yesterday’s arguments on independence.”
The Labour leader said Britain was “entering a new age of nuclear power” which he said would deliver well-paid jobs that will put “pride back in our towns”.
He went on: “Two Labour governments are working together in Wales to deliver on that promise. And with Anas Sarwar, Scotland has the chance for a new direction.
“It’s time to reclaim our heritage, outpace the world, and prove that when it comes to nuclear, Britain doesn’t just remember its past – we’re ready to own the future.”
SNP ministers have raised concerns about the cost of projects, how long it will take to build them, and potential safety issues around waste.
But Mr Sarwar said “SNP incompetence” meant Scotland would lose jobs and investment from nuclear.
He said: “For too long, the SNP’s student politics opposition to new nuclear energy has held Scotland back.
“Scotland is full of potential for new nuclear projects – with thousands of jobs and billions of pounds of investment there to be won.
“But while other parts of the UK are forging ahead with the jobs and investment that new nuclear brings, Scotland is being prevented from benefiting due to SNP incompetence.
“As first minister I will end the SNP’s student politics block on new nuclear power and deliver the jobs and the clean energy Scotland needs and deserves.
“It’s time to turn the page on SNP failure and chart a new direction for Scotland.”
Energy Secretary Ed Miliband said a Scottish Labour government would invite nuclear bosses to Scotland on the first day of a Labour administration at Holyrood in a push for new reactors.
The UK Government has been pushing for new projects in a drive for greater energy security and the move away from fossil fuels
Responding to the comments, Paul McLennan MSP said: “Keir Starmer is fighting desperately to cling on to power, and Anas Sarwar is leading his party to third place.
“If they think the answer to their unpopularity is to force expensive, unnecessary nuclear power stations on Scotland they are in for a surprise.
“Expensive new nuclear power stations will push bills up even higher, take years to build and leave us dealing with dangerous waste for years to come.
“Scotland doesn’t want or need new nuclear, we have an abundance of clean energy resources. What we need is the fresh start of independence, so that we can harness these resources to bring energy bills down.”
Business
Here’s what to expect when Disney reports earnings before the bell
A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida.
Gary Hershorn | Corbis News | Getty Images
Disney will report quarterly earnings on Thursday, and Wall Street will once again be focused on updates from the company’s media business — particularly when it comes to traditional TV and streaming.
Here is what Wall Street is expecting Disney to report for its fiscal fourth quarter, according to LSEG:
- Earnings per share: $1.05 expected
- Revenue: $22.75 billion expected
This will mark the last time the company reports subscriber numbers and the average revenue per unit, or ARPU, for its streaming services, which includes Disney+ and Hulu.
Disney will follow in the footsteps of streaming behemoth Netflix, which earlier this year stopped updating investors on its subscriber count.
In August, Disney said it had nearly 128 million Disney+ subscribers, and Hulu had 55.5 million. That same month the company also launched the ESPN direct-to-consumer app, which includes all of the content from its TV networks.
The company also said it would no longer report subscriber and ARPU metrics for ESPN+ beginning in the fiscal fourth quarter.
The company also once again hiked prices on its streaming offerings in October.
The final subscriber report will also shed light on whether Disney’s streaming subscriptions were affected by its decision in September to temporarily suspend late night program “Jimmy Kimmel Live!”
Disney had pulled the show from the air following comments Kimmel made about Charlie Kirk’s killing and President Donald Trump‘s MAGA movement. Following the decision to pause the program — which lasted less than a week — media outlets reported Disney experienced an exodus of subscribers.
While streaming remains the key area of focus for investors given its consistent growth, eyes will also be on Disney’s traditional TV networks, which include the broadcast network ABC and cable TV channels like ESPN and FX.
Media peers like Warner Bros. Discovery have recently reported quarterly earnings which showcase continued declines at TV networks, particularly when it comes to advertising revenue, as more consumers shift from the TV bundle to streaming options. Disney has reported operating income and ad revenue declines for the linear networks in prior quarters.
Business
Stock Market Updates: Sensex Down 100 Points, Nifty Below 25,850; TMCV Drops 3%, Honasa Consumer Up 9%
Last Updated:
Indian equity benchmark indices, Sensex and Nifty, are expected to open on a flat note on Thursday
Sensex Today
Sensex Today: Indian stock markets opened on a muted note on Thursday, with benchmark indices BSE Sensex and NSE Nifty50 hovering around the flatline amid a lack of major triggers.
The Sensex was trading at 84,405, down 114 points or 0.14%, while the Nifty50 slipped 26 points or 0.1% to 25,850.
In contrast, the broader markets edged higher, with the Nifty Midcap index rising 0.02% and the Nifty Smallcap index gaining 0.2%.
Global Cues
In Asia, markets traded higher following a choppy session on Wall Street. Investors continued to monitor developments in Washington amid growing optimism that the US government could reopen by the end of the week. Japan’s Nikkei 225 was up 0.4%, South Korea’s KOSPI gained 0.3%, while Hong Kong’s Hang Seng slipped 0.2%.
On Wall Street, major indices ended mixed on Wednesday as investors rotated out of high-valued technology stocks and focused on the possible resolution of the prolonged US government shutdown. The House of Representatives was preparing to vote on a temporary funding bill aimed at reopening the government, marking the potential end of the longest shutdown in US history.
Overnight, the S&P 500 ended flat with a slight positive bias, the Nasdaq Composite fell 0.26%, and the Dow Jones Industrial Average advanced 0.68%.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
November 13, 2025, 09:15 IST
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Business
Top stocks to buy today: Stock recommendations for November 13, 2025 – check list – The Times of India
Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Bajaj Auto, Minda Corporation, and Union Bank of India. Here’s his view on Nifty, Bank Nifty and the top stock picks for November 13, 2025.Index View: NiftyAfter a 750 point cool off, Nifty showed signs of reversal for the short term at the start of this week. Initial targets of 25700 and 25840 have been met and extended targets for 26050 remain open. Dips towards 25650 are now likely to get bought into given the current set up on daily charts.Bank NiftyBank Nifty could close above the 58000 mark negating any possibility of a fresh swing low. A buy on dip set up now emerges on this index as closing above 58000 is confirmed for target of 58600 / 59280.
Stock recommendations:
BAJAJ AUTO (BUY):
- LCP: 8868
- Stop Loss: 8600
- Target: 9440
After a bullish triangle breakout in early September 2025, stock has been missing a tailwind for further leg upside. A short term flag breakout is now seen on daily charts allowing for the stock to breakout out from its 8 week consolidation. Initial targets seen at 9440.MINDACORP (BUY):
- LCP: 607
- Stop Loss: 582
- Target: 652
Having consolidated in a broad range, Minda Corporation is now on the verge of giving a cup and handle breakout on weekly charts which has been in existence for the past 15 months now. Initial targets are now projected at previous all time high levels, before the stock gathers further momentum.UNIONBANK (BUY):
- LCP: 156
- Stop Loss: 150
- Target: 170
Given the PSU BANK space tailwind markets have been witnessing over the past 2 months, Union Bank of India is another name on the breakout list taking off from a cup and handle breakout on a 1.5 year time frame as well an inverted head and shoulder pattern on 10 year charts. A quick breakout move could target it to previous swing highs above 170 mark.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
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