Hunt considers extending energy support for all businesses past March December 15, 2022 Jeremy Hunt is considering proposals to extend energy support for all businesses past March, instead of targeting a package at “vulnerable” industries. The chancellor may scrap his plan to target certain industries from April due to difficulties in getting information on sector-by-sector energy usage. The Financial Times reports that another universal support package would be [...]
RCN union boss warns of more strikes as nurses walk-out for first time in 100 years December 15, 2022 Nurses across Britain will go on strike today, as the dispute over fair pay continues. The walk-out will impact operations at 44 NHS trusts in the country, including Guy’s and St Thomas’ hospitals in London – at the busiest time of year for the NHS. Members of the Royal College of Nursing (RCN) union voted [...]
Police called as two protestors scale Home Office building December 15, 2022 Two protestors have scaled the Home Office building in central London. The Metropolitan Police announced they were called just before 6.30am to reports of the disturbance. It confirmed to City A.M. protestors were from the Animal Justice group. This comes after at least four migrants died in the English Channel yesterday amid criticism of the [...]
EXCL – UK investors abandon Sunak and Hunt as only one in four have faith in Tory economic policy December 15, 2022 Just over one in four UK investors have faith in Tory economic policy, with the majority concerned about slowing economic growth, according to new research shared exclusively with City A.M. today. In fact, less than a third believe Jeremy Hunt is the right person to be chancellor. Just 27 per cent have confidence in the [...]
UK must bridge ‘valley of death’ for homegrown science and innovation December 15, 2022 The UK must bridge the ‘valley of death’ in which prize-winning British innovation falls and fails to be commercialised. The Global Britain Commission said in a report today that the UK government should match Germany’s Fraunhofer programme, which helps businesses turn their research into marketable intellectual property. Britain’s fiscal support of research and development (R&D) [...]
Boris Johnson has made £1m since leaving Number 10 from speaking gigs December 14, 2022 Boris Johnson has already made more than £1m from speaking engagements since leaving Number 10 just three months ago. Johnson made the cash from just four speeches, which included a speaking gig at a CNN event in Portugal and a keynote speech for American boutique investment banking firm Centerview Partners. He received £261,652 from Indian [...]
EU-Qatar corruption scandal: Eva Kaili’s first hearing postponed December 14, 2022 The most high-profile suspect in the EU corruption scandal has had her first court hearing postponed, after being hit with money laundering and corruption charges this week. Eva Kaili’s pre-trial hearing was postponed until 22 December tonight due to striking workers in Belgian courts. It came as MEPs today called for an investigation into whether [...]
Brexit: UK and EU eye Northern Ireland Protocol deal by February December 14, 2022 UK and EU officials are hoping to seal a deal on the post-Brexit Northern Ireland Protocol by February, after more than a year of wrangling. Talks over a deal have intensified over the past month, after relations have thawed between London and Brussels during Rishi Sunak’s premiership. Bloomberg reports that foreign secretary James Cleverly and [...]
Chinese diplomats pulled from UK after Manchester consulate attack December 14, 2022 Six Chinese diplomats have been removed from Britain by Beijing, just months after a protester was beaten at a Manchester consulate. Consul general Zheng Xiyuan was among the group to leave the country, which came after police last week said they wanted to interview the six diplomats over the incident. Foreign secretary James Cleverly said [...]
Sunak calls on Khan to scrap Ulez expansion to all London boroughs December 14, 2022 Sadiq Khan should “listen to the public” and scrap the planned expansion of the Ultra Low Emission Zone (Ulez) to all of London, Prime Minister Rishi Sunak has said. Sunak said during Prime Minister’s Questions (PMQs) today that it is the “overwhelming” view of London residents that the levy should not be expanded. Ulez will [...]