Government should further consult finance industry on UK’s net zero path, says investment body December 16, 2021 The government should consult on a ‘transitional taxonomy’ to ensure the finance industry understands the country’s net zero pathway, the UK Sustainable Investment and Finance Association (UKSIF) has urged. In a government policy briefing today, the group will also caution policymakers to avoid a mandatory approach to carbon targets and instead encourage a broader range [...]
Go-Ahead says government decision to strip rail operator from South Eastern franchise cost £51.3m February 24, 2022 Go-Ahead group’s stripping of the London Southeastern rail franchise is to cost the business around £81.3 million, the company said. Bosses revealed they expect to pay the Government £51.3m over its failures in running the service, which it lost last year, and has put aside £30m for a possible fine. Around £49.2m has already been [...]
Energy industry backs Ofgem’s net zero role in bid to ramp up renewables June 7, 2023 The energy sector has broadly welcomed the government's move to expand Ofgem's remit and legally require the watchdog help drive the UK towards net zero carbon emissions over the next three decades.
Britain to trial ‘flying taxis’ by 2026 and explore possible £45bn boost to economy with new drone tech March 18, 2024 Britain's first flying taxis will be trialled in 2026 and could come into wider use by the end of the decade, the government has announced.
Etoro chief: UK should do more if it wants us to float in London August 29, 2024 Etoro is weighing up whether to list in London or New York, but is hoping the UK government will do more to empower capital markets.
When it comes to delivering growth, talk is cheap August 29, 2024 Keir Starmer might not have much in common with Liz Truss, but they both put the pursuit of economic growth at the heart of their plan for government.
Airbus UK boss: Europe must march in step on defence in the face of conflict November 9, 2023 Airbus UK chairman says when countries work together, governments get the product they want — and revenues
Budget 2021: Government invests in road and railway, as APD for domestic flights goes down October 27, 2021 In his Autumn Budget speech, Chancellor Rishi Sunak has set out the funding for the transport sector, focusing on road and rail improvements as well as lowering air passenger duty (APD) taxes on domestic flights. To level up the country’s “uneven economic geography”, the Chancellor is allocating £130bn for infrastructure investments such as road, railway [...]
Government blocks reappointment of Channel 4 board members including The King’s Speech director Tom Hooper December 14, 2021 Academy Award-winning director Tom Hooper, and the board’s only person from a Black, Asian or Minority Ethnic background, Althea Efunshile, have been blocked by the UK government from re-appointment to the Channel 4 board this evening.
Budget: Government risks lost generation of self-employed Brits, warns tax leader October 27, 2021 Ahead of the Budget today, the Chancellor has been urged to resist introducing further tax changes that offer ‘quick wins’ for the economy but deal long-term, or even permanent, damage to the UK’s self-employed workforce. After breaking a Conservative manifesto pledge in September by announcing the social care levy, which will see national insurance and [...]