Sustainable deliveries: Amazon launch first e-cargo bike fleet in central London July 4, 2022 Amazon deliveries across London are set to become more sustainable from now on, as the e-commerce titan launched today its first fleet of e-cargo bikes and walkers. Stored in Amazon’s Hackney hub, the new fleet will make more than one million deliveries a year across 10 per cent of London’s Ultra Low Emission Zone (ULEZ). [...]
Backing fracking? Landmark report could resurrect lost industry this week July 3, 2022 The revival of domestic fracking could be finalised this week, as Downing Street scrambles to boost domestic energy supplies.
Gove set for decision on Cumbrian coal mine July 3, 2022 The UK's first deep coal mine in more than thirty years could be given the green light this week, with Michael Gove weighing up a decision.
Miserly OPEC and embattled Norwegian offshore workers exacerbate oil supply pressures July 3, 2022 Oil prices recovered ahead of trading this week, arresting a slump driven by recession fears with a two per cent plus uptick across both benchmarks.
James Dyson heaps doubt on UK ambition to be science superpower by 2030 July 3, 2022 Billionaire Sir James Dyson has said the UK government is “not getting there” in reference to its ambition to make the country a science superpower by 2030. The Dyson founder said the UK is “massively underproducing engineers” and that there is no drive to make science a large part of UK culture. Boris Johnson has [...]
Royalty rate rocks for Hipgnosis Songs Fund following US ruling July 3, 2022 Shares in Hipgnosis Songs Fund climbed today after after a fresh court decision effectively meant it will be able to collect a greater royalty rate for music streaming. It comes after the US Copyright Royalty Board upheld its decision regarding the top-line streaming royalty rate for songs, which boosted the percentage of streaming service revenue [...]
British Gas owner Centrica begins dividend balancing act amid record household energy bills July 3, 2022 British Gas owner Centrica is expected to confirm its post-pandemic rebound with mega profits in its upcoming half-year results last this month.
NI Protocol: Germany and Ireland accuse UK of not acting in ‘good faith’ July 3, 2022 Boris Johnson has been urged to start acting in “good faith” and to pursue “dialogue” in Northern Ireland Protocol negotiations by the German and Irish governments. German foreign minister Annalena Baerbock and Irish foreign minister Simon Coveney said in a joint statement that the UK’s move to unilaterally change the post-Brexit agreement “will not fix [...]
Prince Charles gave honour to peer who spent £1.7m on his eco-village July 3, 2022 Prince Charles gave an honour to Lord David Brownlow, after the Tory peer spent £1.7m to bail out the royal’s eco-village project in Scotland. The Prince of Wales also opened up his 18th-century country house, Dumfries House, for Brownlow’s 50th birthday and awarded his company a £1.2m construction contract. The Sunday Times reports that the [...]
Factories braced for energy rationing this winter amid fears Russia could turn off the taps July 3, 2022 Energy rationing could be on the cards this winter, with British factory owners suffering constraints to their energy supplies.