Biden urges Congress to put petrol tax on hold as pump prices spike to record highs June 22, 2022 US President Joe Biden has called on Congress to pass a three-month suspension of the federal gasoline tax to help combat record pump prices.
IEA urges Europe to secure supplies amid warnings Russia could cut off gas flows June 22, 2022 The head of the International Energy Agency Fatih Birol has urged Europe to secure its own energy supplies this winter.
Londoners rely on e-bikes and scooters as strikes bring capital to standstill June 22, 2022 The number of Londoners using cycle and e-scooter hire schemes as well as ride-hailing apps surged on Tuesday after the combination of tube and railway strikes brought the capital to a standstill. According to Transport for London (TfL) figures, bike hires more than doubled yesterday, going from an average of 27,000 to 67,000 in what [...]
Rayner demands records of PM’s meetings over bankers’ bonus cap June 22, 2022 Deputy Labour leader Angela Rayner has demanded Boris Johnson’s office release all details of meetings he has held to discuss the bankers’ bonus cap over the past year. Rayner wrote to Johnson’s chief of staff Steve Barclay to request details of a meeting Johnson held with City figures last year where, according to the Financial [...]
More than £21bn a year: UK ranks third in Europe for most money lost due to unpaid corporate tax June 22, 2022 The UK ranks third among European countries for the most money lost due to corporate tax abuse on a yearly basis. The European nation that loses the most money to corporate tax abuse is Germany where, on an annual basis, an estimated £27.3 billion goes unpaid. This is followed by France where tax abuse losses [...]
First in 40 years: Investigation underway after polio detected in London sewage system June 22, 2022 The country has been placed on alert after polio was detected in London sewage despite the country having been free of it since 2003. The UK Health and Security Agency said it is investigating after poliovirus samples were found at London Beckton Sewage Treatment Works. It is working with the Medicines and Healthcare products Regulatory [...]
Brexit has damaged UK’s competitiveness, reduced productivity and lowered Brits’ real wages, LSE says June 22, 2022 A new bombshell study said this morning that Brexit has damaged Britain’s competitiveness, reducing productivity and lowering workers’ real wages in the years ahead. The report said Britain has experienced a decline of 8 per cent in trade openness – trade as a share of economic output – since 2019, losing market share across three [...]
Duke of York no more: New law proposes Prince Andrew and other ‘dubious’ peers to be stripped of their titles June 22, 2022 Under a new law tabled in Parliament, the Duke of York and peers could be stripped of their titles. There is currently no mechanism for such a title to be removed, but calls have been growing for action against Andrew since he paid millions to settle a US civil sexual assault case with his accuser [...]
B2B buy-now pay-later firm Playter eyes international push after $55m funding injection June 22, 2022 London-based buy-now pay-later firm Playter said it is eyeing up new international markets with its B2B product today after announcing a $55m funding injection.
Ukrainian government recruits UK ad giant WPP to craft economy rebuilding campaign June 22, 2022 WPP and the Ukrainian Government have announced a fresh partnership to attract investment into Ukraine and help rebuild its economy.