Carney backs government support for energy users during gas price crisis October 12, 2021 Mark Carney believes the UK government should support energy users hit by rapidly rising energy costs. With gas prices soaring to record levels, the former governor of the Bank of England appeared to lend his support to the Prime Minister’s upcoming bail-out plans for businesses. The government is set to provide state loans to struggling [...]
Vehicles are the UK’s most valuable export as revenues reach £27bn October 12, 2021 UK export revenues for vehicles have reached £27bn in 2020, making vehicles Britain’s most valuable trade good. In a report published today, the Society of Motor Manufacturers and Traders (SMMT) highlighted how the British automotive sector kept on generating revenue even during the Covid-19 pandemic. As a whole, the country’s industry produced a £74bn total [...]
Government cuts deal with CF Fertilisers to ensure industries have ensured CO2 supply October 11, 2021 The government has cut a deal with carbon dioxide (CO2) producer CF Fertilisers to ensure industries have an ensured supply of the gas. CF Fertilisers, which producers some 60 per cent of the UK’s commercial CO2, has agreed a price with suppliers to “enable it to continue operating while global gas prices remain high, drawing [...]
The UK should ban domestic flights, says advocacy group October 11, 2021 British advocacy group Campaign for Better Transport is calling on the government to ban some domestic flights to reduce the amount of CO2 emissions produced domestically by aviation. If introduced, the ban would end several short-haul routes such as London to Manchester, London to Edinburgh and Birmingham to Glasgow. Travellers would be offered train tickets [...]
Better connectivity will remove 750,000 lorries off Britain’s roads October 11, 2021 Improving transport connectivity in the UK could save up to 27.8 megatonnes of CO2 emissions by 2035, the equivalent of taking 750,000 lorries off the country’s roads. In a report published today, communications industry analyst Assembly showed that connectivity will play a huge part in the UK’s transition to carbon neutrality. Directly enhancing the connectivity [...]
Tony Blair: The UK must accept vaccinated people from everywhere October 11, 2021 The UK must open its borders to all vaccinated people, regardless of country of origin, said the Tony Blair Institute. In a paper entitled “Keeping Travel Open: A Vaccine Anywhere, A Vaccine Everywhere”, the NGO funded by the former Prime Minister outlined several key recommendations the government should follow if it wants to help travel [...]
Brits rush to book holiday breaks abroad as restrictions ease October 6, 2021 As travel restrictions are eased and the UK Government has effectively scrapped the traffic light’s system, Brits didn’t hold back when planning holidays abroad again. By analysing some of the most-search destinations, online travel giant Booking.com has revealed Spain, New York and Dubai coming out top in the most-searched holiday spots. Data also revealed that [...]
Government launches competition to find office for Great British Railways outside London October 5, 2021 As Great British Railways is set to take the reins of the UK railway network, the Department for Transport (DfT) has launched a competition to find a new appropriate headquarters. UK transport secretary Grant Shapps has launched a competition to find the Great British Railways a head office, the new state-owned public body in charge [...]
Blunkett set to sell shares November 1, 2005 Beleaguered Work and Pensions Secretary David Blunkett said yesterday his family will sell shares he bought in a biotech firm, DNA Bioscience. In a written statement Blunkett said he had asked his sons to authorise trustees “to dispose of the shares.” The decision comes after Prime Minister Tony Blair asked the Cabinet Secretary to see [...]
Brown shaves £3bn off budget deficit October 21, 2005 Chancellor Gordon Brown got off lightly yesterday when the public sector finance figures released by the Treasury looked much healthier than expected. However, analysts suspect some sleight of hand in the way the figure has been calculated. The budget deficit narrowed to £14.6bn for the first six months of fiscal year 2005-2006, down from £17.6bn [...]