UK to tip into ‘mild recession’ as cost of living crunch cools spending June 27, 2022 Brits responding to the cost of living crisis by reining in spending may tip the UK into a “mild recession” next year, reveals fresh forecasts released today. The Bank of England embarking on a rapid interest rate hike cycle may also send the economy into reverse, according to a new report by consultants KPMG. Yael [...]
Criminal barristers push ahead with strike action over legal aid fees June 27, 2022 Criminal barristers are today set to walk out of courts across England and Wales, after last week voting to strike amid a long-running dispute with the government over legal aid fees. Barristers, who are expected to picket outside of London’s Old Bailey court today, are calling on the government to increase legal aid fees by [...]
Khan moves toward running London Tube on 100 per cent renewable electricity June 27, 2022 Sadiq Khan will today begin the London Underground’s transition to being carbon neutral as he opens London Climate Action Week. The mayor of London will today launch a Power Purchase Agreement, with the first tender spent on ensuring “10 per cent of TfL’s required electricity from renewable energy sources” along with “new build assets”. Khan [...]
Johnson prepares to bring in steel tariffs on developing countries June 26, 2022 Boris Johnson has today suggested he is preparing to bring in a series of new steel tariffs in a bid to protect British manufacturing. Johnson is also expected to announce a two-year extension to tariffs on Chinese steel exports, which would be a violation of World Trade Organisation (WTO) rules. Boris Johnson today said “the [...]
Centrica withdraws from Bulb auction as bidding deadline approaches June 26, 2022 British Gas owner Centrica has withdrawn from the auction to snap up collapsed energy provider Bulb in a blow to government’s efforts to find a buyer for the firm.
PwC to give 11,000 workers their biggest pay rise in a decade June 26, 2022 PwC is set to give around half of its UK workforce their biggest pay rise in a decade, in hiking around 11,000 of its workers base salaries. The accountancy firm is set to give a nine per cent pay rise to around half of its more than 22,000 staff – at a cost to [...]
Johnson warns Macron that G7 must not give Putin ‘licence to manipulate’ June 26, 2022 Boris Johnson has cautioned French President Emmanuel Macron at today’s G7 meeting that political leaders must not give Vladimir Putin a “licence to manipulate” the West. The Prime Minister waved away suggestions that the conflict should be resolved now in a veiled swipe at Macron’s recent comments that Putin must not be “humiliated” and should [...]
UK among G7 countries to ban Russian gold imports June 26, 2022 Exported Russian gold will be shut out of the UK, Canada, US and Japan under a batch of fresh sanctions designed to ramp up pressure on Moscow’s war efforts, the government announced today.
Minister says it’s ‘fine’ Prince Charles accepted €3m cash from Qataris June 26, 2022 It was perfectly fine for Prince Charles to accept bundles of cash worth €3m from Qatar’s former Prime Minister, according to a cabinet minister. Northern Ireland secretary Brandon Lewis said he had no problem with the Prince’s actions from a decade ago as long as the donations went through the proper processes. The Sunday Times [...]
Solicitors’ watchdog advances crackdown on ‘lawfare’ with more than 20 SLAPP investigations June 26, 2022 The solicitors’ watchdog has launched more than 20 investigations into UK law firms over their involvement in SLAPP lawsuits, as part of its efforts to crack down on the use of Britain’s libel laws to silence the press and other legitimate criticism. The Solicitor’s Regulation Authority (SRA) now has more than 20 open cases over [...]