Sunak reportedly vetoed plan to give households extra £300 to help with energy bils April 7, 2022 Rishi Sunak reportedly vetoed a plan by civil servants to give households an extra £300 rebate in the government’s new energy strategy to help with the surging cost of bills. The Department for Business, Energy and Industrial Strategy (Beis), who released the new strategy today, drew up plans to increase this year’s energy rebate from [...]
‘Let people invest’: Matt Hancock makes case for liberal crypto rules April 7, 2022 Matt Hancock, the former health secretary, has come out in favour of permitting mass crypto adoption in the UK.
Days after comparison to ‘negotiating with Hitler’, Macron’s dialogue with Putin is ‘splitting Nato’ April 7, 2022 Days after Poland accused France’s president of “negotiating with Hitler” by speaking to Vladimir Putin, France has now been accused of “splitting Nato” with its continued attempts to talk with Russia. Its president Emmanuelle Macron has been keeping an open dialogue with Moscow’s leader, along with Germany. Putin has been accused of war crimes, a [...]
Energy strategy a ‘three, four, five year’ answer to crisis admits Business Secretary Kwasi Kwarteng April 7, 2022 Kwasi Kwarteng described the energy strategy as a medium-term response which will not affect the current cost-of-living crisis.
UK Energy Strategy: Experts weigh in on plans to transform the domestic energy sector April 7, 2022 Analysts and experts assess the state of the UK's energy sector with the government announcing plans to boost domestic production.
Boris Johnson exploits anti-Russia sentiment to put blame for rising energy bills solely on Moscow April 7, 2022 Prime Minister Boris Johnson said rising energy bills “absolutely soared” after Vladimir Putin’s invasion of Ukraine. “We just can’t carry on like this,” he said in a social media video promoting his new energy strategy. The plan has been criticised for not saying enough about tackling high bills now, instead focusing on longer-term shifts in [...]
Grant Shapps gave private ‘assurance’ to top Tory about scrapping of £3bn HS2 branch from bill April 7, 2022 A proposed £3bn branch of HS2 linking Crew and Manchester with the west coast may be scrapped, the transport secretary reportedly told a senior Tory MP. The government insists no decisions have been made about the Golborne Link element of the project, despite claims Grant Shapps privately promised the chair of the 1922 committee, Sir [...]
Energy strategy will not resolve cost of living crisis April 7, 2022 A new dawn for the UK’s energy sector will be unveiled today, when the Prime Minister finally announces the country’s energy strategy.
UK to push forward with nuclear revolution as Johnson unveils energy strategy April 6, 2022 The UK will drastically expand its number of nuclear power plants and offshore wind farms as a part of Boris Johnson’s newly unveiled energy strategy. Tomorrow’s strategy will include plans to create a new government body, Great British Nuclear, and a £120m Future Nuclear Enabling Fund in a bid to build eight new reactors across [...]
Energy conflict: EU unveils plans to seize Russian energy revenues April 6, 2022 Economic warfare between Russia and the West escalated yesterday, after the EU announced plans to seize Russian energy revenues.