Gas prices soar as Russia cuts off flows from Nord Stream pipeline September 5, 2022 Gas prices have spiked after Gazprom cut off gas flows into Europe via the key Russia-Germany Nord Stream 1 pipeline.
‘Brexit’s biggest rewards’: New data bill makes way through parliament September 5, 2022 New data reforms, which digital secretary Nadine Dorries reckons will be “one of Brexit’s biggest rewards”, is set to be debated in parliament today. Under the Data Protection and Digital Information Bill, firms will be given the flexibility to protect personal data in more proportionate ways rather than forcing them to follow the same processes [...]
Information watchdog reviews data complaint from striking barristers September 4, 2022 THE UK’s data protection watchdog is reviewing a complaint that argues justice secretary Dominic Raab could have breached privacy laws, after he allegedly requested that the names of striking barristers be collected and handed over to the Ministry of Justice (MoJ). London law firm Mishcon de Reya, acting on behalf of the Criminal Bar Association [...]
Truss appears to soften Bank of England independence stance September 4, 2022 Liz Truss appeared to soften her stance on the Bank of England’s level of independence today as the Tory party prepares to crown a new leader and Prime Minister. Truss, the presumptive next Prime Minister, said she was a “great believer” in the Bank of England’s independence and that she would not “countermand to the [...]
Magistrates’ Court workers to worsen disruption with nine-day strike September 4, 2022 Magistrates Court workers are set to add to the disruption facing the UK’s criminal justice system by launching a nine-day strike, from the 10th to the 18th September. The strike, involving members of the Public and Commercial Services (PCS) union, will see court staff take industrial action over the government’s £1bn courts digitalisation strategy. The [...]
UK parliament resumes with overflowing in-tray for the government September 4, 2022 Parliament will return tomorrow from a six-week summer recess with the government facing a series of crises and a busy legislative agenda. Liz Truss or Rishi Sunak will be sworn in as Prime Minister on Tuesday, after tomorrow’s Tory leadership announcement, with the eventual winner expected to bring forward a cost of living support package [...]
Liz Truss as PM will need a sharp focus on delivery September 4, 2022 In the Square Mile and Westminster alike, the secret to good leadership is two-fold: say hello to everybody, and don’t sweat the small stuff. The vast majority of CEOs in the City know that the best way to run a large business is to set a clear strategy and focus on a small, but important, [...]
Bain & Co to challenge UK government’s ban via judicial review September 4, 2022 Bain & Co is set to challenge the Cabinet Office’s decision to ban it from competing for government contracts, via a judicial review. The US consultancy has applied for a judicial review of the Cabinet Office’s decision last month to ban the firm from tendering for UK government work, the Financial Times reported. The UK [...]
Senior Tory David Davis urges Truss to not pack cabinet only with loyalists September 4, 2022 Liz Truss must install a cabinet of people from across her party’s factions to avoid Boris Johnson’s mistakes in office, senior Tory MP David Davis has said. The former Conservative cabinet minister said he was “slightly worried” the presumptive next PM will not reunite the party after a bruising leadership contest and will instead pack [...]
Truss promises immediate help with energy bills September 4, 2022 Liz Truss has promised to provide immediate help with soaring energy bills if she is made Prime Minister in the coming days. The leadership favourite, who is expected to be announced as Tory party leader and Prime Minister tomorrow, said today that “we face serious, serious challenges which will take immediate action from the government”. [...]