The government’s inconsistent approach to net zero is confusing businesses ready for a change December 23, 2022 Faced with labour shortages, rising costs and falling consumer spending, business confidence has dropped to levels not seen since the financial crisis of 2008. The government isn’t doing enough to restore this confidence. And it isn’t preparing businesses for a net zero economy either – which would be the only enduring route to prosperity. A [...]
AstraZeneca boss urges UK government to invest in medicines of the future November 10, 2022 The chief of AstraZeneca has urged the UK government to invest in the medicines of the future, as the regulatory environment for pharma in the US grows tougher. With the UK’s upcoming budget, CEO Pascal Soriot called on the government to protect the funding for innovative treatments as the long-term outlook for the healthcare industry [...]
London SMEs ‘choked off’ from government contracts, says Labour November 9, 2022 The government is “choking off” opportunities for London SMEs by missing targets in awarding government contracts, Labour deputy leader Angela Rayner has said. Rayner today told City A.M. that the public procurement process was a “Tory racket”, with new figures showing just a quarter of London SMEs have been successful in their bid to win [...]
Government blocks Hong Kong takeover of electronics specialist August 18, 2022 The proposed takeover of an electronic design company by a Hong Kong firm has been blocked by the Government over national security concerns.
Government must investigate energy pricing for businesses, urges hospitality body November 7, 2022 The boss of one of the country's leading hospitality bodies has urged the Government to look into energy pricing for commercial businesses.
UK risks losing out on green energy projects under latest government auction plans March 16, 2023 The UK will miss out on vital investment in energy projects in the upcoming renewable auction this month, warned Renewable UK.
Government launches net zero review to maximise business benefits September 26, 2022 The Government has appointed Tory MP Chris Skidmore to lead a review of net zero, and will look to make the business case for the target.
George Osborne calls on government to fix ‘schizophrenic’ levels of borrowing September 25, 2022 Liz Truss must end the “schizophrenic” economic policy of slashing taxes and increasing government borrowing, according to former chancellor George Osborne. Osborne said he was pleased to see Truss acting like a “conviction politician”, but said the government must make spending cuts if it wants to also lower taxes. Chancellor Kwasi Kwarteng unveiled the largest [...]
Government needs to do more to win over North Sea oil and gas firms wounded by windfall tax June 14, 2023 The government has made the North Sea's investment climate inhospitable for smaller oil and gas firms, warned a leading energy trade association.
Backing fracking: Government lifts ban to boost energy security September 22, 2022 The Government has officially lifted the lifted the moratorium on fracking in England, paving the way for further shale gas generation.