Government releases £150m bus funding package March 1, 2022 The government has released the £150m final tranche of pandemic-related support for buses and light railway services. Part of a £2bn package set up by the government during the pandemic, the funding is expected to run until October 2022, helping more than 160 operators with services. “The funding I’ve announced today will ensure millions of [...]
Crypto platform Zumo handed government grant to help make Bitcoin green June 8, 2022 UK crypto platform Zumo is pioneering a solution with potential to drastically reduce the carbon footprint of Bitcoin.
UK government should introduce VAT relief for small businesses, says Tide boss July 11, 2022 The government should provide VAT relief for small companies to help them cope with rising business costs, the chief executive of business banking and financial services platform Tide has said. Oliver Prill, who became chief executive in 2018, said small businesses are finding it extremely tough in the current economic climate and that the UK [...]
A windfall tax raised by a money-hungry government will scare off our businesses June 8, 2022 Rishi Sunak’s windfall tax on energy firms – what he called a “temporary targeted profits levy” – has gone down well with voters. The tax makes it look like money is raised from someone else and given to them through subsidies to their bills. Despite claims that the tax will yield an additional £5bn in [...]
Government empowers compliance unit with teeth to curb big tech dominance May 5, 2022 New 'fair-play' rules and ten per cent turnover fines will be among the strong tools available to a new technology unit.
Online Safety Bill: Government called to water down executive influence on Ofcom June 7, 2022 The government have been urged to water down the powers of the Secretary of State in the Online Safety Bill, suggesting it threatens the legitimacy of the law moving forward.
Exclusive: Energy crisis is a ‘state of emergency’ and the Government has to act now, warns So Energy August 11, 2022 The Government is running out of time to tackle rising household energy bills ahead of winter, warned Simon Oscroft, co-founder of So Energy.
Government urged to launch public inquiry into P&O scandal April 1, 2022 The government has been urged to launch a public inquiry into the P&O scandal, during which almost 800 workers were made redundant. The Liberal Democrats have written to the cabinet secretary Simon Case calling for immediate action so “families can get the answers they deserve”, after hundreds of people lost their jobs and were plunged [...]
Gas prices ease as Norway’s government steps in to stop strikes from offshore workers July 6, 2022 Gas prices have dropped across Europe after the Norwegian government stepped in to end strike action from offshore workers.
Government is failing to incentivise chip manufacturers to remain on UK soil, say tech leaders July 6, 2022 The government is failing to properly entice semiconductor companies to remain on UK soil, tech leaders told ministers yesterday. Simon Thomas, CEO of Paragraf, a manufacturer of advanced semiconductors made of graphene, accused the Department of International Trade (DIT) of sending “mixed signals” and warned that the UK risks being side-lined as bullish efforts by [...]