Vaping hits record high with over four million Brits turning to e-cigarettes August 29, 2022 New data has revealed that there are now five times as many vapers in the UK than there were in 2012, as the e-cigarette revolution takes off.
Government should have allowed airlines to collapse, according to new report February 21, 2022 The government should have allowed airlines to collapse during the Covid-19 crisis to improve the long-term performance of the travel sector, according to a new report published today. The wave of taxpayer money drilled into airlines to ensure they survived the sharp drop off in passenger volumes has made the sector more imbalanced, the Institute [...]
IEA raises oil demand forecast but warns of coronavirus threat July 10, 2020 The International Energy Agency (IEA) raised its 2020 oil demand forecast today but warned the ongoing spread of coronavirus could cause more disruption. The organisation raised its oil demand forecast to 92.1m barrels per day, 400,000 higher than its prediction last month as the virus-struck second quarter suffered a smaller decline than expected. But the [...]
Economics now one of UK’s top ten most popular A-levels August 17, 2023 Economics is now one of the UK’s top ten most popular A-levels, after students flocked to study the subject amid a period of instability for the UK. More than 39,000 students received results for the qualification this summer, according to the Joint Council for Qualifications, a 7.3 per cent increase on last year. It marks [...]
Labour ‘may as well hand out dole notices’ after North Sea oil ban plans May 29, 2023 LABOUR were accused of undermining the UK’s energy security after it emerged the party was considering banning new North Sea oil and gas licences, should it win the next election. Reports in the Sunday Times suggested that Keir Starmer and his shadow chancellor, Rachel Reeves, were minded to block any new development in what remains [...]
Oil markets suffer four quarters of losses as concerns grow over China slowdown June 30, 2023 Oil markets are on the verge of a year-long slide in prices with a fourth consecutive quarter of losses.
Oil prices stuck between global economic woes and China’s resurgence June 16, 2023 Oil prices have steadied today, with both major benchmarks on course for a modest weekly gain after a sustained slump.
Glencore expects strong year from trading arm but reports lower copper output April 30, 2024 lencore reported total copper production of about 239,700 tonnes for the first quarter, compared to 244,100 tonnes a year earlier. It said cobalt production was down due to lower output at its Mutanda mine in Congo.
Government slammed as ‘for NIMBYs, by NIMBYs’ as planning reform watered down May 10, 2022 The government has been criticised after references to planning reform focused on “minor and trivial issues” in the Queen’s Speech. Property bosses and campaigners have urged ministers to go further with planning reforms. The Institute of Economic Affairs (IEA) accused the government of having “unconditionally surrendered to the NIMBYs.” “The fact that the references to [...]
Oil prices slide after Fed hikes interest rates for the ninth time in a row March 23, 2023 Oil prices are dipping again this morning, after the Federal Reserve hiked interest rates a further 25 basis points today.