CBI: Jeremy Hunt and Rishi Sunak must use budget to prevent recession and bolster UK economy February 9, 2023 Jeremy Hunt and Rishi Sunak need to use the spring budget to stimulate growth to prevent the UK tipping into a recession this year, the country’s biggest business group has urged today. The chancellor and prime minister should at the 15 March statement soothe the impact of a sharp rise in the UK’s profit tax [...]
Randox delays release of audited results amid concerns over Covid procurement process March 30, 2022 Covid test maker Randox has delayed release of its audited results amid mounting scrutiny over the government’s decision to award it contracts worth almost £777m. The delay to publication comes after the UK’s public spending watchdog said the government failed to document the procurement process that led to Randox being awarded 22 government contracts for [...]
China supply fears send London’s top indexes tumbling March 15, 2022 Fears over a possible slowdown in Chinese production caused by Beijing locking down one of the country’s top manufacturing hubs amid an outbreak in Covid-19 cases sent London’s top indexes lower yesterday. The capital’s premier FTSE 100 index dropped 0.25 per cent to 7,175.70 points, while the domestically-focused FTSE 250, which is more aligned with [...]
Pictures: Revellers return to nightclubs at midnight on ‘Freedom Day’ July 19, 2021 Dancefloors across England were packed with pandemic partygoers at midnight as Covid rules eased in the country. Thousands of clubbers queued for sell-out venue events on Sunday July 18 to celebrate the lifting of restrictions that came into force this morning. As of 00:01 today England dropped most of its remaining Covid-19 social restrictions, such [...]
India calling: Boris Johnson to tour Delhi and Ahmedabad as much-delayed post-Brexit trip is going ahead April 17, 2022 The Prime Minister will meet his Indian counterpart Narendra Modi in New Delhi this coming week, with the aim of deepening the security partnership between the two countries. Boris Johnson is set to embark on the much-delayed trip to India on Thursday, where he will focus on defence and trade. The visit to India’s capital [...]
Recession to be more than twice as bad as first feared, forecasters warn January 23, 2023 The much touted coming recession in Britain will be twice as bad as first feared, new forecasts out today reveal. Soaring prices coupled with the Bank of England’s efforts to tame them are set to deal a heavier blow to GDP than projected just a few months ago. According to the EY Item Club, the [...]
Clinical trials can be our turning point to turbocharge life sciences here in the UK June 2, 2023 Being a leader in clinical trials means approving new groundbreaking drugs at pace. Here in the UK, we're bound by bureaucracy; breaking free would provide benefits for the whole life sciences sector, writes Patrick King
EU faces €100bn bill to stave off blackouts next winter, warns IEA December 12, 2022 The European Union faces a €100bn bill to stave off supply shortages next winter, warned the International Energy Agency.
New Chinese lockdowns and inflation drives down oil prices ahead of trading this week June 12, 2022 Oil prices dipped last week, after US consumer prices rose more than expected and China imposed more restrictions on millions of people.
British Airways announce new flight routes to Aruba and Guyana August 14, 2022 British Airways has announced their first new long-haul flight routes since before the pandemic. The heritage British airline will serve Aruba and Guyana from late March 2023. BA last announced a new long-haul flight route in 2019 to Portland, Oregon, but due to Covid-19 that inaugural flight was delayed until June of this year. Both [...]