Govt drags feet with new digital markets bill October 25, 2022 A new report by MPs on the Business, Energy and Industrial Strategy Committee has called on the Government to push forward with a draft Digital Markets Bill that would allow regulators to take a more proactive approach to curbing big tech dominance. The bill would enshrine the Competition and Markets Authority’s (CMA) Digital Markets Unit (DMU) [...]
Business groups ‘welcome’ maths focus to plug ‘skills gap’ April 17, 2023 Business groups say Rishi Sunak’s focus on maths is a “welcome” measure to plug key “skills gaps” as Britain goes for growth, despite concerns over a lack of teachers. The Prime Minister has unveiled plans to transform the UK’s approach to maths education, including an expert advisory group, maths hubs and a new primary teaching [...]
Gas prices spike after explosion at US LNG plant leaves Europe scrambling for supplies June 9, 2022 Freeport LNG, which operates the largest US export plants producing LNG, will cease trading for three weeks, raising fears of supply shortages.
Oil prices to stay high this year on China reopening and OPEC output snags, experts predict February 19, 2023 Oil prices will be propped up this year by rebounding demand from China alongside tightening supplies into Europe and OPEC's capacity issues.
Rishi Sunak urged to block Liz Truss’s reported resignation nominations March 25, 2023 Former prime minister Liz Truss reportedly nominating four close supporters for peerages has sparked outrage among opposition MPs.
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.
Number 10 confirms Rishi Sunak will bring back fracking ban October 26, 2022 Downing Street has confirmed Rishi Sunak will drop Liz Truss’ plans to end the England ban on fracking. The Prime Minister told MPs today that he “already said I stand by the manifesto on” fracking, which committed to maintaining a moratorium on the practice unless scientific evidence shows it’s safe. Sunak’s spokesperson confirmed today that [...]
World will ‘never forgive’ leaders for not making hard choices to save planet, says Lord Deben October 25, 2021 The world will “never forgive” leaders for not making the hard choices needed to save the planet from the climate crisis at COP26, chairman of the UK’s Climate Change Committee has said. “We know that we face total destruction and we know how to prevent it, isn’t that a wonderful challenge,” Lord Deben, also known [...]
Business Secretary says households will have to wait until March for help with soaring energy bills January 21, 2022 Business Secretary Kwasi Kwarteng has said households must wait until March to find out what help the government can offer for rising energy bills.
Online Safety Bill: Government called to water down executive influence on Ofcom June 7, 2022 The government have been urged to water down the powers of the Secretary of State in the Online Safety Bill, suggesting it threatens the legitimacy of the law moving forward.