Octopus to repay £3bn of Bulb nationalisation costs after supplier’s collapse June 21, 2024 Octopus Energy will pay the UK government an early £3bn windfall after the company promised to reimburse all the public funds it received to take over the collapsed energy supplier Bulb.
‘An encouraging signal’: Private equity nerves settle as Labour sets limit on tax raid June 18, 2024 A Labour government will allow private equity dealmakers to continue to benefit from a lower tax treatment on profits when their own cash is at risk, shadow chancellor Rachel Reeves has suggested.
Alstom: Fund new Elizabeth Line trains so we don’t have to cut jobs November 20, 2023 The government has been urged to fund new trains for the Elizabeth Line in order to avoid further job losses at the UK's largest rail assembly factory in Derby.
Government’s communications failures can be remedied – if they’re fixed soon January 12, 2021 The Prime Minister’s lockdown announcement last week has left a collective sense of déjà vu and a frustration at seemingly being back to square one ten months into the pandemic. Whilst we are facing an evolved virus, a key component to our fight against the virus has not changed: human behaviour. Rallying behind an approach [...]
Government traffic light travel policy attacked from all sides June 16, 2021 Labour leader Sir Keir Starmer has stepped up his attacks on the government’s traffic light system, calling for more stringent travel restrictions and an end to the amber list. The government is also facing attacks on its border policy from right-wingers and moderates alike in the Tory party who want to see more lax travel [...]
The law is sufficiently clear for the UK to become a global leader in digital assets July 25, 2023 Bittrex Global CEO Oliver Linch discusses why the Law Commission's report on digital assets should spur the UK government into action.
UK risks falling behind US and EU in green energy race, warn MPs February 22, 2023 MPs are piling pressure on the government to compete with rival markets for green energy investment, such as the US and EU.
Shapps pledges to ‘max out’ North Sea’s oil and gas reserves July 23, 2023 The government will “max out” the UK’s remaining reserves of North Sea oil and gas, declared energy security secretary Grant Shapps.
UK rejects AMTE Power’s urgent plea for funds as it works to avoid administration July 23, 2023 AMTE Power faces an increasingly uncertain future, with its urgent pleas for financial support from the government have fallen on deaf ears.
One-in-three working Britons had wages subsidised by government during Covid July 8, 2021 One-in-three of the UK’s workforce had their pay subsidised by the government during Covid-19, new figures from the Treasury revealed today. The figures showed that 11.6m people were on the furlough scheme at some point throughout the pandemic, while 2.9m self-employed people made use of the Self-Employment Income Support Scheme. The furlough scheme has seen [...]