UK government is shifting its attitude over crypto – Westminster is backing this horse! November 3, 2022 There's growing movement in both the Houses of Commons and Lords that is slowly but surely embracing a future with cryptocurrency.
Jenrick warns of coming ‘frustration and disruption’ as hundreds of thousands to be ‘pinged’ by app July 18, 2021 Robert Jenrick has today warned that the next month will be blighted by “frustration and disruption” as hundreds of thousands of people are set to be pinged by the Test and Trace app. The housing secretary also said the government stood by the decision to only exempt double-jabbed people from self-isolating from 16 August as [...]
Petrol firms defend ‘nauseating prices’ as business minister implores retailers to pass on fuel duty cut May 17, 2022 Retailers have defended forecourt prices as politicians call for costs to be slashed after a fuel duty cut earlier this year. Business minister Kwasi Kwarteng has written to businesses to implore them to pass on the savings from a 5p per litre cut in fuel duty introduced in March. It comes after motoring group the [...]
Come dine with me: Johnson to host dinner for business leaders October 16, 2021 Prime Minister Boris Johnson is expected to host a dinner with some of the business world’s leading players – including Bill Gates and JP Morgan’s chief executive Jamie Dimon – reported the Telegraph. Invited to Downing Street, the 20 business leaders will be joined by the Prime Minister and the foreign secretary Liz Truss for [...]
Partygate: Junior minister resigns after PM given police fine April 13, 2022 Junior justice minister Lord David Wolfson has quit the government for “repeated rule-breaking” in Downing Street in what is the first ministerial resignation after Boris Johnson was handed a police fine yesterday. Wolfson said in a resignation letter to the PM that “the scale, context and nature” of the breaches of Covid rules by the [...]
Wartsila boss calls for onshore wind to power Europe’s energy ambitions November 23, 2022 Onshore wind should "absolutely" be part of Europe's ambitions, as it looks meet net zero goals and reduce its reliance on overseas supplies.
Sunak has enough room to scrap national insurance hike, according to top City economists January 25, 2022 Chancellor Rishi Sunak has enough room to scrap the looming national insurance hike to ease the heavy cost of living burden weighing Brits down, according to leading City economists. Bumper tax revenues driven by the UK economy performing much better than forecast has provided the Chancellor with a big enough tax windfall to cancel the [...]
Boris Johnson will be a slave to U-turns until he discovers the art of policy flexibility May 31, 2022 It is not easy for a party to run the country for twelve years, so have some pity on the Conservative Party. Perhaps it was in response to the absolute dearth of ideas ranging from “getting a better paid job” to shopping “own-brand products” that Rishi Sunak finally capitulated and delivered a mini-budget last week [...]
Sunak causes rift with Cabinet over EV discount end October 13, 2021 Chancellor Rishi Sunak is reportedly in a row with other Cabinet members – including transport secretary Grant Shapps and business secretary Kwasi Kwarteng – over his proposed plans to cut grants for buying electric vehicles (EV). As reported by the Telegraph, the Treasury is expected to slash the grants – which amount to £2,500 for [...]
Exclusive: Revolut boss criticises FCA over sluggish progress on banking licence June 15, 2022 The founder of fintech giant Revolut has criticised the Financial Conduct Authority (FCA) after the firm’s progress towards a full banking licence had been "slower” than expected.