Exclusive: Industry faces £50bn ‘ticking time bomb’ of record energy bills August 17, 2022 UK industry will suffer painfully high energy costs next year, fuelled by soaring wholesale costs.
HMRC owes construction workers close to £1.5bn following pandemic property boom March 8, 2022 Almost £1.5bn is owed to Britain’s construction workers by the taxman following the pandemic property boom, according to new data shared with City A.M. today. It is estimated that more than 1m people working in the sector could be owed a tax refund, after the industry “weathered a particularly fierce storm” to keep Britain building [...]
The UK economy has defied gloomy expectations. Can this continue? July 25, 2024 The UK economy has surprised pundits again and again this year, growing at a much faster rate than almost anyone had expected.
Cairn Homes bosses hike revenue forecast to £520m following record home sales September 8, 2022 Irish housebuilder Cairn Homes has sold a record number of homes in the first half of the year, as Ireland’s population grows. The FTSE-listed company has lifted its forecast for the rent of the year, with bosses anticipating €760m (£660.7m) in forward sales, a more than €600m (£521.6m) revenue and 1,500 closed home sales. The [...]
UK urged to take post Brexit payments lead after EU publishes bold plan June 28, 2023 The UK payments industry urged regulators and legislators to take a bold approach to new rules following the publication of the EU’s latest proposals. In a landmark set of regulations, the European Union (EU) will deepen and extend open banking, put in place greater fraud protections and give regulators more firepower to enforce the rules. [...]
Onshore wind is not just about net zero, it’s a vote winner June 26, 2023 Onshore wind is not just about going green, it's a vote winner that could ease bills and liberalise planning for housing and transport.
Build, Baby, Build: Will Labour be radical enough? June 20, 2024 Labour stands to win a whole host of rural and suburban seats and Starmer could face a battle with his own MPs to meet his housing targets. Yet the muddled thinking on display in his manifesto does not offer much reassurance that he’s prepared for the fight, says Will Cooling It is striking that as [...]
Sky-high bills are not inevitable and our energy bosses shouldn’t buy into this myth July 7, 2023 Chris O'Shea, the boss of Centrica, is wrong to accept energy prices of over £2,000.
Why can’t we level up? It takes years to start new infrastructure November 2, 2023 As much as 80 per cent of the lifespan of a regeneration project is spent securing planning, rather than building, writes Tracy Blackwell
Thames Water and Ofwat tight-lipped on plans to cut fines and avoid nationalisation May 29, 2024 Thames Water has asked Ofwat to allow it to increase bills for customers. A decision will be made by 11 July.