After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Boris Johnson mulls a new Right to Buy scheme as housebuilding hits the curb May 2, 2022 Prime minister Boris Johnson is reportedly mullinh plans to bring in a new Right to Buy scheme, inspired by Margaret Thatcher, amid reports housebuilding has hit the curb. The plans seek to target “generation rent”, those whose hopes of owning a home have fallen increasingly out of reach despite being ‘of age’ to buy. [...]
Business secretary: Windfall tax not the answer May 1, 2022 Business Secretary Kwasi Kwarteng has voiced firm opposition to a windfall tax on oil and gas companies despite Chancellor Rishi Sunak raising the possibility. The Cabinet minister was adamant that it would be a “disincentive” to investment by energy giants despite his colleague in the Treasury using the threat to encourage spending, as their profits [...]
CBI: Firms need help to make it through summer May 1, 2022 Firms might need further support before the autumn Budget to help tackle rising costs, according to a business group. The CBI highlighted the near-term challenges that companies are facing, especially energy intensive firms. A survey by the group found that growth in private sector activity including consumer services and distribution sales remained “steady” in the [...]
Windfall tax the backdrop for energy giants’ results May 1, 2022 London’s biggest oil companies will face an odd dilemma this week as they present what is likely to be their best set of results for years while facing calls to cough up more in tax. The businesses are predicted to report a combined 13 billion dollars (£10.5 billion) in profit from the first three months [...]
Sir Jim Ratcliffe makes eleventh-hour £4bn bid for Chelsea Football Club April 29, 2022 British tycoon Sir Jim Ratcliffe has swooped in with a sensational eleventh-hour £4bn bid to buy Chelsea Football Club.
Labour U-turn as party admits Angela Rayner was with Keir Starmer when caught drinking beer during lockdown April 29, 2022 The Labour Party admitted this morning that deputy leader Angela Rayner was present when Sir Keir Starmer was caught on video drinking a beer with party workers during lockdown. The party acknowledged it had previously told journalists she was not at the event last year, but a source insisted it was a “mistake made in [...]
Liz Truss ‘appalled by serious allegations’ after British Virgin Islands premier held in drug-smuggling sting April 29, 2022 The head of the British Virgin Islands, a British overseas territory, has been arrested in a sting operation accused of smuggling cocaine in to the United States. Andrew Alturo Fahie, was held as he boarded a plane in Miami, seized up by undercover agents posing as traffickers. The official was with the head of the [...]
White paper signals formal end to BBC licence fee April 29, 2022 The government has issued a white paper signalling the formal end of the BBC licence fee. The 42-page document acknowledged “clear challenges on the horizon to the sustainability of the licence fee”, while saying sanctions for not paying the fee were “disproportionate and unfair”. According to the Times, the government said: “We need to consider [...]
City firms pledge to employ ex-offenders as prisons minister calls on bosses to ‘break offending cycle’ April 29, 2022 Business chiefs, including from telecoms giant TalkTalk and construction firm Murphy, have pledged to employ hundreds of ex-offenders. The prisons minister will today urge City bosses to put their weight behind a government scheme to help prisoners back into work upon release. “Getting prison leavers into steady jobs is a win-win. It cuts crime and [...]
Putin to ‘lay the groundwork for an announcement to cover his failure’ and admit Ukraine is a war April 28, 2022 The UK Defence Secretary said this morning that people should not be “too alarmed” by the Russian president’s warning that countries intervening in the Ukraine war will be met with a “lightning-fast” response. Ben Wallace told BBC Radio 4’s Today programme that Vladimir Putin has made similar threats before and was trying to “lay the [...]