Brits’ energy bills to swell more than £300 with poorest hit hardest – CityAM : CityAM September 26, 2021 Brits’ household bills are set to swell over the next year, with the poorest households being hit hardest by the energy crisis, according to new research. Energy bills will rise by more than £300 over the next year, highlighting the scale of the impact the crisis will have on Brits’ finances, shows research by the [...]
D-Day in Germany: End of the Merkel era as Germans go to the polls in three-way battle September 26, 2021 As polls have opened in Germany and election day has begun for just over 60m eligible voters, Europe’s largest economy is seeing its first three-way contest for the chancellery as the environmentalist Greens join the country’s two traditional big parties in fielding a candidate for the top job. The Social Democrats’ candidate, Olaf Scholz, is [...]
AUKUS pact is ‘crazy beyond belief’ as it triggers new cold war, says Jeremy Corbyn September 26, 2021 Britain should stay out of a defence pact that he fears could see the country drawn into a new cold war with China, according to former Labour leader Jeremy Corbyn. Speaking at an event at The World Transformed conference, which is running alongside the Labour Party conference in Brighton this weekend, Corbyn said the idea [...]
‘You’re free to go’: Huawei CFO Meng Wanzhou reaches shock deal with US September 25, 2021 Meng Wanzhou, Huawei’s chief financial officer and the daughter of the company’s founder, Ren Zhengfei, has resolved criminal charges against her as part of a shock deal with the US Justice Department that paves the way for her to return to China. The agreement with Wanzhou calls for the Justice Department to dismiss fraud charges [...]
Johnson to unveil temporary visa scheme to ease Christmas-period shortages – CityAM : CityAM September 25, 2021 Prime minister Boris Johnson is set to unveil a temporary visa scheme to allow overseas workers into the UK in a bid to ease the country’s shortages in the lead up to Christmas. Following months of pressure from businesses, with supermarkets and fuel giants alike reporting issues, the new programme will cover up to 10,000 [...]
Exclusive:Lib Dem candidate slams City of London Corp over China stance : CityAM September 24, 2021 The Liberal Democrats’ new candidate for the Cities of London and Westminster constituency has launched an attack on the City of London Corporation’s “weakness towards the Chinese Communist Party”. Edward Lucas, a veteran journalist, said the powerful Square Mile local authority “don’t get the threat” from China. Also Read: Exclusive: City of London Corporation chief says [...]
Government in talks to build new nuclear power plant in Wales – CityAM : CityAM September 24, 2021 The UK is reportedly in talks with a US company over plans to build a nuclear power plant in Wales which will ease reliance on electricity as the country moves to net zero. Under the proposals the US nuclear reactor company Westinghouse would build a new plant in Angelsea the Times first reported. The project [...]
Twitter adds tipping with Bitcoin after turbulent week for crypto markets September 24, 2021 It was a week in which Bitcoin and other cryptocurrencies once again appeared to be trapped in lockstep with the traditional markets.
Fashion firm Asos joins forces with esports brand Fnatic – CityAM : CityAM September 24, 2021 Fashion retailer Asos and gaming brand Fnatic have inked a multi-million pound deal for a three-year partnership. London-based global esports brand Fnatic said they would launch a number of online and offline activations with the online retailer. It is the first time Asos has joined forces with an espots brand and the fashion firm’s logo [...]
EU citizens fund billboards to expose conflicting messages in bloc’s food policies September 24, 2021 A group of European citizens have donated thousands of Euros to protest conflicting messages at the heart of existing EU food policies. The billboard campaign ‘thismakesnosense.org’, launched by ProVeg International, calls out the EU’s efforts to encourage the public to consume more meat and dairy while simultaneously urging people to reduce their consumption of meat [...]