Use windfall tax to improve energy efficiency of British homes, argues climate charity Ashden June 16, 2022 The government should funnel revenues from the windfall tax into making the UK's housing stock more energy efficient, says Ashden.
London’s streets aren’t paved with gold but we do help direct investment across the UK January 16, 2023 London is often seen as a sponge, taking up crucial state funding, but the capital has some of the highest levels of deprivation in the country, even if it does drive investment, writes Nicholas Lyons
Rail strikes continue TODAY: Here’s all you need to know December 6, 2023 Train drivers from the ASLEF union are set to continue this weeks' string of walkouts on Tuesday, halting services at a host of operators.
Severing business ties with China risks weighing on UK economy, says CBI boss July 30, 2022 Severing ties with Chinese business risks weighing on the UK’s cost of living crisis, the boss of the Confederation of British Industry (CBI) has cautioned today. Worsening relations between Beijing and the West has piled scrutiny onto Chinese businesses and investments, including the move in 2020 to remove Shenzhen-based Huawei from UK 5G infrastructure, and [...]
City braces for BoE rate hike and mini-budget September 19, 2022 The City is bracing for a bumper week of economic data and policy announcements in a trading week shortened by the UK bank holiday for The Queen’s funeral. London’s premier FTSE 100 index posted mixed performance last week, initially jumping higher before closing 1.56 per cent lower at 7,236.68 points. Its mid-cap domestically-focused counterpart, the [...]
Bank of England to hike interest rates to five per cent after inflation tops forecasts to stay in double digits April 19, 2023 UK inflation has smashed expectations to stick in the double digits, in a sign that the cost of living crisis is still gripping families and businesses across the country, prompting markets to bet the Bank of England will hike interest rates to five per cent. The rate of price increases trimmed to 10.1 per cent [...]
Letters: Housing, interrupted April 5, 2022 [Re: House price growth hits highest level since 2004 with record average of £265.3k, March 31] New figures released by the Nationwide house price index defy premature predictions of slowing prices in early 2022. An increase in average house prices of 20 per cent in the last two years is a shocking figure which coincides [...]
Oil bosses dubbed ‘the new oligarchs’ as political focus on windfall tax for energy giants grows May 12, 2022 Conservative MP Robert Halfon this morning labelled oil company bosses “the new oligarchs” as he called on the Government to hit them with a windfall tax. Speaking on BBC Radio 4’s Today Programme, he said the Government had done “a fair bit” to tackle the cost-of-living crisis but that families were still struggling with food [...]
Boxing Day footfall bounce for retail as West End chief calls for recovery help December 27, 2022 Retail destinations across the country reaped the rewards of a Christmas without Covid restrictions as Boxing Day sales enticed shoppers out of their houses. However, business leaders noted footfall was still below 2019 levels and called on the government to help accelerate retail’s recovery from the Covid-19 pandemic as it grapples with an economic downturn. [...]
Green levies should be taken off energy bills to ease costs, says think tank May 18, 2022 Green levies should be scrapped from bills and shifted on to general taxation to reduce the burden on households, argues the CPS.