Energy firms welcome Government support package for households September 8, 2022 Energy firms have broadly welcomed the announced support package for households this winter, but called for more focus on demand.
UK outlines measures to clamp down on Russian oligarchs using the ‘London laundromat’ February 28, 2022 The UK has announced a package of measures today to help ban corrupt Russian oligarchs from laundering their money in London, which will aim to force foreign owners of British assets to reveal their true identities. Business secretary Kwasi Kwarteng said the package will stop “oligarchs and kleptocrats from Russia and elsewhere” who “have used [...]
High gas prices here to stay, as government faces more pressure to provide support with energy bills May 9, 2022 High gas prices will persist for the next three years, warned investment bank Stifel, as millions of households struggle with the cost of living crisis.
Demand to buy in London soars thanks to office return September 28, 2021 Demand for homes in London has risen 14 per cent over the last month as Brits rush back to the office. Prospective Londoners appear keener to purchase homes rather than flats, with homes marking an increased demand of 25 per cent compared to a six per cent boost for flats. Average UK house prices have [...]
Developers looking at ‘legality’ of government demand to commit to funding cladding remediations February 7, 2022 Builders have accused the government of taking a disproportionate approach with its plans to relieve leaseholders of remediation costs for unsafe flats. Developers were sent a letter by the government last week calling on them to sign a legally binding agreement that committed them to covering the costs of fixing tower blocks with dangerous cladding. [...]
Brexit beating for British scientists as academics sound alarm over UK exclusion from £95bn Horizon program May 21, 2022 The EU has confirmed it will block the UK’s participation in the EU’s £95bn Horizon Europe programme as part of the escalating row over the Northern Ireland protocol. The UK’s association with Horizon Europe was the source of debate in the run up to the Brexit deal and is still being defined following the agreement, [...]
Bitcoin flat as China tensions increase August 4, 2022 The crypto markets are broadly flat this morning, with the price of bitcoin having fallen 2 per cent to $22,873 over the past 24 hours
As we loosen Russia’s grip on energy, we mustn’t hand the reins to Beijing April 7, 2022 As the much delayed energy strategy is set to come out today, one thing is clear: the rhetoric has been centered around the need to phase out Russian oil and gas, and increase British self-reliance. Reaching both of these aims won’t be possible in the short-run, as an energy revolution of such Herculean proportions takes [...]
Taylor Wimpey’s order book hits £2.5bn amid strong demand for homes January 17, 2022 Home builder Taylor Wimpey ended the 2021 financial year in a strong position with an order book valued at £2.5bn.
London has been riding high on IPOs but must find favour in its post-Brexit status April 28, 2022 Against all the odds, the London IPO markets boomed in late 2020 and 2021, defying the uncertainties of Brexit and the pandemic to bring 126 new companies to market: 60 on the main market and 66 on AIM. In addition to the sheer volume of deals, there was an encouraging pivot to technology, as a [...]