Wine sector reeling as price of a bottle set to be taxed 20 per cent more July 5, 2023 Wine lovers will be taxed 20 per cent more on their favourite bottle of red or white in a month’s time, as the government steams ahead with its alcohol duty tax hikes, spelling further pain for customers and businesses. Chancellor Jeremy Hunt announced the measures as part of the Spring Budget back in March, which [...]
New Online Safety Bill sparks privacy and national security concerns among public July 4, 2023 The draft Online Safety Bill (OSB) has sparked security and online privacy concerns according to a new survey – although Ofcom has brushed off the scrutiny. Under the new OSB, which is in its final stages of passing through parliament, authorities could force communication providers like WhatsApp to scan online messages sent in the UK [...]
Wine sector reeling as price of a bottle set to be taxed 20 per cent more come August July 4, 2023 Wine lovers will be taxed 20 per cent more on their favourite bottle of red or white in a month’s time, as the government steams ahead with its alcohol duty tax hikes, spelling further pain for customers and businesses. Chancellor Jeremy Hunt announced the measures as part of the Spring Budget back in March, which [...]
Sadiq Khan lacks legal authority for ULEZ expansion, court told July 4, 2023 The mayor of London Sadiq Khan lacks the legal authority to expand the Ultra-Low Emission Zone (ULEZ), five Conservative councils told London’s High Court this morning, marking the beginning of a two-day judicial review hearing. Represented by Craig Howell Williams KC – Bexley, Bromley, Harrow, Hillingdon and Surrey – are challenging the mayor over the [...]
Cornwall Insight: Don’t expect energy bills to ease this winter July 4, 2023 Energy bills will remain near double pre-crisis levels, suggests Cornwall Insight in its latest price cap forecasts.
UK now only rich country where inflation is rising despite Bank of England interest rate hikes July 4, 2023 Britain is now the only rich country where inflation is rising, signalling the Bank of England’s series of interest rate rises have been less effective than its peers’, new data out today shows. Inflation across the Group of Seven (G7) nations fell to 4.6 per cent in May, down from 5.4 per cent in April, [...]
Barclays, Shell and BP feel the heat as activist investors launch record green campaigns July 4, 2023 Shell, BP and Barclays have felt the wrath of activist investors this year as corporate pressure campaigns are launched in record numbers across Europe, new research shows. The number of activist campaigns in Europe has climbed each month this year to a total of 25 campaigns by May, fuelled by a spike in environmental campaigns [...]
Brits spend £4.1bn drinking beer at home during cost of living and price of a pint crises July 4, 2023 Brits are staying at home and cracking open cold beers from the fridge, as twin cost of living and price of a pint crises change drinkers’ habits. New research out today show a 25 per cent surge in beer sales in supermarkets and shops outside local boozers, during the cost of living crisis. While the [...]
The hypocrisy of crypto regulation – oblivious or nefarious? July 4, 2023 Jason Meyers walks through the SEC's view of regulating cryptocurrency and points out flaws in the design of regulatory compliance.
‘Be a better neighbour’: BBC warned its digital expansion will ‘wreak untold damage’ for local news outlets July 4, 2023 Local news outlets are pleading for government intervention in the BBC’s plans to digitally expand, saying it will decimate an already struggling industry. Independent publishers such as News Media Association, Bristol Post, and The Northern Echo have said the nation’s license fee-funded broadcaster needs to ‘be a better neighbour’ and rethink its plans to grow [...]