Whoever wins the fight over housing and energy will hold the key to victory September 5, 2023 With Parliament back, both parties need to focus on what's going to matter to voters in the next months: housing and energy prices will be top issues, together with questions on net zero, writes Elena Siniscalco
Michael Gove to approve UK’s first new coal mine in 30 years April 23, 2022 Housing secretary Michael Gove is expected to approve the UK’s first new coal mine in three decades. Tory sources told the Telegraph Gove is supporting plans to open a new colliery in Cumbria to help the country cut its reliance on Russian coal. People close to the matter said Gove, who has until 7 July [...]
European Central Bank could be forced into 75 basis point hike to tame record inflation August 31, 2022 The European Central Bank could be forced to hike interest rates by a historic 75 basis points next week to tame the largest inflation surge on record, economists bet today. The monetary authority governing the 19 countries using the euro may have to respond strongly or risk elevated prices being embedded into the bloc’s economy [...]
London Stock Exchange’s FTSE 100 plunges by more than 200 points as Ukraine war heats up rapidly February 24, 2022 The London Stock Exchange’s leading FTSE 100 index plunged more than 200 points, or 2.7 per cent, within moments of opening in reaction to Russia’s invasion of Ukraine. In response to the situation in Ukraine, Boris Johnson is leading a crisis meeting of senior ministers and officials to consider how to respond to Vladimir Putin’s [...]
Brits slash spending on essentials as cost of living soars July 8, 2022 Brits are tightening the purse strings and cutting back on essentials as the cost of living continues to soar, according to official polling today.
Ukrainians increasingly confident Zelensky is beating Putin as thousands of refugees make plans to return home April 18, 2022 Many Ukrainians who fled their country in recent weeks are increasingly confident the Russian Army is losing the war. A new poll in the Netherlands among refugees in the Benelux countries showed this Easter weekend that over half believe it is safe to return home to Kyiv as well as north, west and central Ukraine. [...]
More sectors flash recession warning amid spending cooldown September 21, 2022 More sectors of the UK economy are flashing recession signals caused by consumers cutting spending in response to surging prices, a fresh survey published today reveals. Some 11 sectors out of the 14 tracked by Lloyds Bank recorded a slump in both demand and output last month. It is the fourth month in a row [...]
London boots out European rivals to claim Continent’s top finance hub crown March 24, 2022 London has muscled out its rivals on the Continent to take the top spot as Europe’s best finance hub, reveals a closely watched survey shared exclusively with City A.M. today. The City beat the likes of Paris, Frankfurt and Amsterdam to Europe’s crown, according to Z/Yen Group’s thirty first global financial centres index (GFCI). Pesimisits [...]
Germany rules out energy sanctions on Russia amid spiralling gas prices March 3, 2022 Germany has ruled out the prospect of oil and gas sanctions, with economy minister Robert Habeck warning against the measures.
Hunt pledges £20bn for carbon capture and nuclear ramp-up in clean energy push March 11, 2023 The government will commit billions of pounds to new energy projects at next week’s budget, in a bid to compete with rival markets.