Oil and gas body warns windfall tax will deter investment in domestic energy sector June 20, 2022 OEUK has ramped up its criticisms of the imposed windfall tax - describing the new levy as "punitive," amid fears it could jeopardise investment.
Balancing the budget won’t win voters hooked on Sunak’s years of spending April 20, 2022 On a balmy September day eight years ago, Ed Miliband strode onto the stage at Labour Party Conference and proceeded to deliver a marathon 66-minute speech without notes. Unfortunately for the then Labour leader, he managed to forget a key chunk of his prepared remarks – the bit about tackling the deficit. Cue glee from [...]
Boris Johnson to force all new UK buildings to install EV charging points November 21, 2021 Owners of newly built homes and commercial buildings will be forced to install electric vehicle charging points from next year under new regulations to be announced by Boris Johnson tomorrow. The new regulations, which Downing Street says will lead to 145,000 extra charge points installed across England each year, will also extend to properties “undergoing [...]
Oil prices peak at $113 per barrel as fears over supply shortages escalate March 2, 2022 Both major benchmarks have continued to rally amid growing concerns over supply disruption following Russia's invasion of Ukraine.
Klarna clampdown? UK boss Alex Marsh says the time is right for regulation February 2, 2022 Klarna's UK boss tells Charlie Conchie why buy-now pay-later firms need regulation
Next era is knocking: Possible runners and riders to replace Boris Johnson as Tory leader and PM July 10, 2022 Boris Johnson announced on Thursday he has agreed to step down as Prime Minister in September, following the resignation of Sajid Javid and Rishi Sunak on Tuesday and a wave of government resignations this week. Looking ahead, City A.M. zooms in on potential frontrunners to replace Johnson as Prime Minister. Rishi Sunak The former Chancellor’s [...]
The City View: Musk on cusp of Twitter buy, and global markets down April 25, 2022 Today Andy Silvester talks to Jack Barnett, City A.M.’s Economics and Markets reporter. They go through the global market dip and why China’s zero-Covid lockdowns are concerning investors; bank earnings for Q1; and new ONS data showing that 9 in 10 households have recorded an uptick in their cost of living. And in the news, [...]
Ahead of Budget: Millions of terrified businesses fear they will not survive another year November 16, 2022 In the midst of political uncertainty and ahead of the Autumn Statement, a quarter of SMEs believe the UK economy has been damaged irreversibly by Brexit and Covid-19 – with an astonishing 64 per cent of business owners stating they are worried their businesses won’t survive the next 12 months. The fresh data reveals a [...]
North Sea oil and gas production will be hit by hiked windfall tax, says Investec November 16, 2022 The UK jeopardises future North Sea oil and gas production, if the windfall tax is toughened up tomorrow, argued Investec.
Russia will weaponise a refugee crisis if we’re not prepared to open our arms February 25, 2022 Putin has invaded Ukraine. He was never going to be satisfied with only taking Donetsk and Luhansk. The result will be a bloody and likely protracted war accompanied by another refugee crisis as many Ukrainians make the heart-wrenching decision to desert their home. Britain has a long and proud history of welcoming refugees, especially from [...]