Wheat price rallies could hurt hospitality and cause food prices to spike warn industry leaders March 8, 2022 Hospitality and supermarkets could bear the brunt of rocketing record prices following Russia's invasion of Ukraine.
First we need to cut fuel duty, then we must redesign our road taxes entirely March 8, 2022 In early 2011 at The Sun, I pestered the editor for long enough about rising petrol prices that he decided the newspaper should be doing something about it. A campaign to freeze fuel duty was born – with all the old-school trimmings. We even took post bags full of petitions signed by readers up Downing [...]
As inflation bites, Britain’s roadmap for start-up success needs to be kept up to date March 8, 2022 The rise in living costs over the next 12 months is set to be the highest in 30 years as inflation sets in. The UK’s Consumer Prices Index puts the inflation rate at 5.5 per cent, with some economists predicting this figure will rise close to 8 per cent by April. The Bank of England [...]
London law firms cannot continue to quietly take Russian money and clients March 8, 2022 In the face of Russia’s invasion of Ukraine, the silence from board rooms across the City’s law firms has been deafening. For too long now, global law firms with London bases have profited from work for Russian entities and oligarchs. Now, faced with dilemmas over taking a stand publicly and shunning Russian interests, many of [...]
Letters: Keeping a hold of our young talent March 8, 2022 [Re: UK’s leading fintech bosses call on government to ramp up efforts to overhaul regulation, Feb 21] Industry body Innovate Finance is right, we absolutely need to see more institutional investors and pension funds being braver in supporting high-growth, growth-stage fintechs. That being said, the consequences of this lack of available capital are far more [...]
Explainer-in-brief: Clearing up London’s air and TfL budgets March 7, 2022 Last week, Mayor of London Sadiq Khan announced he would expand the Ultra Low Emission Zone (ULEZ) to include the entirety of Greater London. Drivers of old, polluting vehicles will have to pay £12.50 a day to enter the city. The first aim of this move is to turn London into a city with clean [...]
Londoners pay the price as Khan and No10 stay on the carousel of fights over TfL funding March 7, 2022 A FEW weeks ago, after months of wrangling, Transport for London and the Department for Transport finally agreed a slightly longer term short-term funding deal for the network. After a series of deals lasting a week or two at a time, this one runs until June. We don’t know what’s going to happen in June [...]
Exclusive: Energy crisis needs crisis measures argues Octopus chief executive Greg Jackson March 7, 2022 Octopus boss Greg Jackson has called for long term reforms to the energy market alongside short term moves to protect consumers.
A tough crackdown on oligarchs must carry us as far as our rule of law allows March 7, 2022 It is an uncomfortable truth that the West sorely lacks experience of war. That may seem a peculiar statement, after the long and bloody interventions in Iraq and Afghanistan, but those were effectively operations of control and rebuilding. What we are seeing in Ukraine at the moment is quite different: one sovereign nation taking on [...]
Fuel be sorry: Record petrol prices could hurt retail sector warn experts March 7, 2022 Experts suggest record prices at the pumps could hurt the retail sector and potentially stall the UK's ecommerce boom.