Energy body urges government to greenlight more gas projects to ensure supply security June 12, 2022 An energy industry body has slammed the government’s rejection of two proposed onshore projects, describing its approach as inconsistent.
Goldman Sachs: World is entering new era of ‘bigger government’ and ‘higher taxes’ May 11, 2022 The world economy is entering an era of “bigger government” and “higher taxes,” according to a top Wall Street bank. The scaling back of red tape and stronger corporate profits that characterised the global business environment since the 1980s is set to reverse, Goldman Sachs has said. Supply-side reforms pushed through by former British prime [...]
Channel 4 chief suggests government pushed privatisation agenda on its delayed annual report July 12, 2022 Channel 4 have said the government tried to tamper with the broadcaster’s annual report to ensure it aligned with its own privatisation ambitions.
Government introduces new telco laws to end ‘no bar blues’ March 7, 2022 The government have laid out new laws, which look to enhance its 5G roll out and remove signal blackholes across the country. The new laws will put tougher legal duties on operators to minimise the visual impact of network equipment, particularly in protected areas such as national parks and conservation areas. However, it will equally [...]
UK legal smoking age should increase every year, says government review June 9, 2022 The UK should increase the legal age someone can buy cigarettes every year until they are virtually illegal, according to a new government-commissioned review. The review, by Dr Javed Khan, said that the UK should create a “smoke-free generation” with people born after a certain time unable to legally buy cigarettes. New Zealand has a [...]
Rampant inflation to put public services under ‘visible strain’ unless government ramps up spending August 10, 2022 Rampant inflation is putting the NHS and other public services “under considerable, and visible, strain,” top economic experts have warned today. Government departments and local councils are set to struggle to provide services to taxpayers due to swelling costs eating up their budgets. Higher inflation will erode more than 40 per cent of announced funding [...]
Builders warn of ‘wasted opportunity’ with government brownfield funding January 31, 2022 Builders have warned that government plans to fund brownfield projects run the risk of being “more grandstanding and another wasted opportunity”. Under the government’s Levelling Up agenda, derelict sites in towns and city centres are to be used for new homes. Some 20 areas, including Wolverhampton and Sheffield, will be prioritised within a new £1.5bn [...]
Government readies pensions overhaul with digital dashboard consultation January 31, 2022 Government has outlined plans to overhaul savers’ access to pensions via a digital dashboard as it opened a consultation on new regulation today.
Energy giants fuel London indexes ahead of government white paper April 5, 2022 London’s top indexes were boosted by investors pouring into energy stocks yesterday ahead of the UK government publishing its much-awaited energy strategy. The capital’s premier FTSE 100 index rose 0.72 per cent to 7,613.72 points, while the domesticall-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, edged 0.13 [...]
Government outlines fintech steering body to push national sector strategy April 4, 2022 The government has outlined plans for a Centre for Finance, Innovation and Technology (CFIT) steering body today as it looks to push ahead with a national strategy for the fintech sector.