Government chases gas deals with Norway amid supply crunch fears October 4, 2022 The Government is chasing gas deals with Norway, as it looks to ramp up supply security and ensure the lights stay on this winter.
Goldman Sachs: World is entering new era of ‘bigger government’ and ‘higher taxes’ May 11, 2022 The world economy is entering an era of “bigger government” and “higher taxes,” according to a top Wall Street bank. The scaling back of red tape and stronger corporate profits that characterised the global business environment since the 1980s is set to reverse, Goldman Sachs has said. Supply-side reforms pushed through by former British prime [...]
UK prepares to simulate supply crunch as challenging winter looms August 7, 2022 The UK is preparing to simulate a gas supply crisis, to test how resilient the energy system is in the case of emergency shortages this winter.
Food industry: Government must act to tackle cost of living crisis as prices spike March 22, 2022 A food industry leader has called on the government to intervene to ease supply chain pressures on food firms as a cost of living crisis looms. Food and Drink Federation boss Karen Betts has urged ministers to act to help millions of households as they face rising food and energy prices this spring. Measures urged [...]
Households face £900 hike to energy bills after Ofgem keeps price cap high at £3,280 February 27, 2023 Households face a painful hike to their energy bills, with support tapering off and the price cap remaining above £3,000.
UK sends 350 soldiers to Poland to ‘stand firm’ with Ukraine, says defence secretary February 8, 2022 The UK is set to send 350 soldiers to bolster security on the Polish border, as prime minister Boris Johnson prepares to deploy RAF Typhoons and warships to eastern Europe. “Poland is one of our oldest allies,” defence secretary Ben Wallace said today. “As strong partners in NATO and Europe we will both stand firm [...]
Nations allowing a deluge of Russian money are a threat to our global democracies March 29, 2022 In the month since Russia’s invasion of Ukraine, the West has come together to face what could be the greatest military crisis since the beginning of the Cold War. This has clearly wrong-footed Putin and the invasion has not gone according to his plan. This geopolitical explosion has been a long time in the making, [...]
Ukraine: Number 10 warns of ‘grave possibility’ of Russian invasion this week February 14, 2022 Number 10 has warned there is a “grave possibility” of Russia invading Ukraine this week as diplomatic efforts to de-escalate the crisis continue to falter. Boris Johnson’s official spokesman told journalists today that “there remains a window of opportunity to deescalate and pursue a diplomatic path … we stand ready to have further discussions with [...]
Truss: All major Russian businesses at risk of heavy UK sanctions if Putin invades Ukraine January 31, 2022 The UK will not hesitate to freeze the assets of any major Russian business or any oligarch linked to the Kremlin if Vladimir Putin invades Ukraine, Liz Truss today announced. The foreign secretary said any Russian business that has “economic or strategic significance” to Russia could be shut out of operating in Britain and that [...]
Spotify shuts Russian offices ‘indefinitely’ March 3, 2022 Spotify said it has closed its Russian office “indefinitely” following Putin’s invasion of Ukraine. However, in contrast to many tech firms, including Google and YouTube, Spotify has not restricted its services in the country. A Spotify representative confirmed the news to Variety, and commented: “We think it’s critically important to try to keep our service operational [...]