Letters: Home ownership isn’t everything Letters [Re: Government admits most Brits will not benefit from Boris Johnson’s ‘benefits to bricks’ housing plans, June 22] In essence, the idea is positive but, in practice, it’s not currently feasible. Take for example the government’s plan to allow people on housing benefits to use welfare payments towards a mortgage. Welfare payments stop when a [...]
Letters: Regulate Now or Pay Later Letters [Re: BNPL set to hit $607bn by 2026 despite regulatory scrutiny, analysts predict, yesterday] Against a tumultuous economic backdrop, the need for robust and proportionate regulation of BNPL is arguably more urgent today than it was when the Woolard Review was published at the start of 2021. The Treasury’s response is therefore overdue, but welcome. [...]
Letters: Strikes are on all our heads [Re: Time for some leadership not just rhetoric amid industrial unrest, yesterday] Whilst I agree with the general tone of the piece on the rail dispute, It should be noted of course that much of the £16bn that was pumped into the railways was in order to keep a significant level of service running which [...]
Letters: Our chance to shine June 21, 2022 [Re: Brexit offers opportunity to unlock City’s potential, MPs say, June 16] Results of the report published by a cross-party group of MPs last week provide the best Brexit-related news in a while. Now London must deliver on its potential to cast off the regulatory shackles and reinvigorate its global reputation as a centre of [...]
BP rubbishes Rosneft claim it is set to ‘wait out’ Russia’s war in Ukraine June 19, 2022 OIL giant BP has rubbished claims by the boss of Russian energy firm Rosneft that it was second-guessing its decision to pull out of the country after the Kremlin’s invasion of Ukraine. Igor Sechin said BP still remained its largest private shareholder despite announcing its departure from a three-decade partnership with the Russian company. “All [...]
Energy body: Windfall tax starting to deter investment June 19, 2022 ENERGY industry bigwigs have warned the first signs of the windfall tax’s chilling effect on investment are starting to be felt after reports that the Norwegian state energy company is considering abandoning a £4.5bn North Sea oil project. The Sunday Telegraph reported this weekend that Equinor’s involvement in the Rosebank Field was now in question [...]
Lady Cobham: UK mustn’t sell off defence crown jewels June 19, 2022 LADY Cobham, the daughter-in-law of the founder of the defence giant Cobham, has warned the UK government it cannot afford to allow British defence firms to fall into foreign hands. Cobham was bought by a US private equity firm in 2020, with Lady Cobham at the time warning the government it should have stepped in [...]
Letters: Reconsidering the Court’s value June 16, 2022 [Re: Patel: UK’s Rwanda immigration policy is ‘legally compliant’, yesterday] This week’s news, which saw the European Court of Human Rights (ECtHR) block a deportation of migrants to Rwanda, indicates an ECtHR that has rather overstepped its bounds. We must be clear. The sole role of the ECtHR is to adjudicate on important issues of [...]
Letters: Trust the digital native kids June 15, 2022 [Re: Our pledge to bridge the digital divide will shape our post-pandemic future, yesterday] Following London Tech Week and the government’s announcement of a new Digital Strategy to make the UK a global tech superpower, more needs to be done to increase our tech prowess. Young people in the UK are unlikely to secure highly [...]
Letters: The Met’s trust challenge June 14, 2022 [Re: Crime in our capital city will stay high unless confidence in the Met is restored, June 10] As the cost-of-living crisis continues to bite, we’re seeing fresh waves of concern about a potential spike in crime figures . The Met currently has more police officers than ever before, yet it appears there is still [...]
