Tighter interest rates and inflation clobber UK business confidence August 1, 2023 Higher interest rates and elevated prices have thrown a wet blanket over UK business optimism, according to surveys out today. Confidence as measured by the lobby group the Institute of Directors (IoD) was largely unchanged last month at minus 30 points, up marginally from June’s minus 31 point reading. It solidifies signs that pessimism is [...]
Trade bodies back government’s embrace of North Sea oil and gas industry August 1, 2023 Trade bodies across the energy industry has welcomed the government's decision to support the North Sea's oil and gas sector.
Food inflation slumps to lowest level this year but experts caution against declaring victory yet August 1, 2023 Food inflation has slipped to its lowest level this year and has fallen for the third month in a row, an encouraging signal that suggests the UK is through the worst of the cost of living crisis, a new survey out today shows. The cost of groceries climbed 13.4 per cent over the year to [...]
Want to find freedom? It’s in net zero and low traffic zones, not Thatcher’s old car August 1, 2023 Blowing up the green agenda won’t give us freedom, it will tie us to a future which is already out-of-date, writes Ben Ramanauskas
Banks and watchdog exploring expanding open banking to savings accounts to boost competition August 1, 2023 Banks have committed to explore the expansion of open banking into the savings market, the City watchdog revealed yesterday. In its report on the savings market, the regulator confirmed that banks and building societies have committed to explore how investment in open banking can be used to support savings customers. This includes carrying out a [...]
Government confirms new taskforce to ramp up nuclear skills August 1, 2023 The government has announced a new taskforce geared towards boosting skilled workers in the defence and civil nuclear sectors.
Long-term Bitcoin holders gain ground as Worldcoin launches and SEC ponders XRP legal challenge July 31, 2023 Data from CryptoCompare shows that the price of the flagship cryptocurrency Bitcoin (BTC) moved mostly sideways throughout the past week.
Glencore snaps up Pan American’s stake in Argentine copper project in $475m deal July 31, 2023 Pan American Silver Corp will sell a 56 per cent stake in a copper project in Argentina for $475m to Swiss commodities giant Glencore.
London commuters are our ‘most important’ e-bike users, says Lime boss July 31, 2023 London’s commuters are our “most important” riders, the CEO of the e-bike operator Lime has said. Speaking to City A.M. Wayne Ting, Lime’s chief said that “commuting is the most important use case” for the popular vehicles as demand soars in the capital. Lime has seen a 10 per cent monthly increase in riders in [...]
Kamm Porsche 912c review: Light, fantastic July 31, 2023 Tim Pitt drives a classic Porsche with a difference: the lightweight, four-cylinder Kamm 912c. Is it a worthy alternative to a restomod 911?
