‘A complete fabrication’: Government denies claims Ed Miliband has banned new North Sea oil licences July 11, 2024 The government has been forced to deny reports that Ed Miliband has banned the North Sea oil regulator from issuing any outstanding drilling and exploration licences.
Online travel agents urge government to investigate Ryanair over ‘invasive’ booking system August 10, 2023 A coalition of Europe’s largest online travel agents has called on UK regulators to urgently investigate potential “infringements of customers’ data privacy rights” by Ryanair, escalating a long-running row between the groups. In a letter addressed to the CMA, CAA and ICO, companies including Expedia Group, On the Beach and Skyscanner argued that Ryanair’s verification [...]
Surfers Against Sewage urge government to crack down on raw sewage spills June 7, 2023 Surfers Against Sewage has called on the government and water industry to ensure there is accurate data for raw sewage releases.
US drug giant Pfizer beats GSK to UK government contract for 4.9m vaccine shots June 25, 2024 Pfizer has beaten GSK to win a contract to supply millions of doses of a new respiratory vaccine in the UK after the government snubbed the local drugmaker.
Labour government could deter investment in new energy projects, report warns June 6, 2023 Some $30bn (£24.2bn) of investment in new UK energy projects is at risk if Labour wins the next election, a top energy consultancy has warned.
Higher debt interest payments means government will have ‘no room’ for tax cuts, IFS says October 17, 2023 The government will have "no room" for tax cuts as rising interest payments and slowing growth puts politicians in an increasingly tight fiscal space, the Institute for Fiscal Studies (IFS) has said.
British chip maker plans US move after government strategy let-down August 6, 2023 Chip manufacturer Pragmatic Semiconductor has suggested the government’s weak semiconductor strategy is to blame for a US expansion. The taxpayer funded chipmaker is looking to raise upwards of £100m of investment as it eyes up a US expansion after setting up a subsidiary there in February. “We’re not going to be raising 10 times that, [...]
Insurers’ £360bn pension plan bonanza could spark government bonds sell-off October 16, 2023 It is estimated that the UK private sector defined benefit pension plans could transfer up to £360bn of assets to insurers over the next five years, which would see a £100bn sell off in government bonds.
The Post Office scandal is a shocking example of how arms-length bodies allow government to escape accountability January 11, 2024 The Post Office scandal is a shocking example of how arms-length bodies allow government to escape accountability, writes Matthew Lesh.
Government should take ‘direct action’ to block firms floating outside London, City broker claims January 8, 2024 The government should grant itself powers to step in and block some companies from floating overseas or force them into dual listings in London, a top City broker has said.