Water companies will seek household bill rises says Ofwat boss July 5, 2023 Water companies are planning to increase prices further for households, according to industry regulator Ofwat.
IOG launches Marlowe toolkit to allow anyone to build blockchain apps on Cardano July 5, 2023 Input Output Global Inc - the company behind the Cardano blockchain - has launched an open source toolset allowing any user to develop apps.
“The future might belong to India”: In conversation with Ebookers founder Dinesh Dhamija on the UK’s future ties with India July 5, 2023 Chris Jackson speaks to Dinesh Dhamija about the UK's sometimes complicated relationship with India - and where a trade deal might emerge from
Inflation falling rapidly but not enough to avert 14th straight Bank of England rate rise, experts warn July 5, 2023 Inflation is still hanging around in the UK economy due to businesses continuing to pass on higher wage bills, although there are signs price pressures have turned a corner, a closely watched survey out today reveals. A reduction in energy and transport bills caused by international gas markets and supply chains repairing from a series [...]
Matalan accused of ‘cowboy buying practices’ in cost-cutting drive July 5, 2023 A group of Asian suppliers has accused Matalan of “cowboy buying practices,” after the value retailer reportedly attempted to haggle for 20 per cent price cuts on some orders. The disgruntled supplier said the fashion and homewares brand displayed some of the “most aggressive, unreasonable buying practices” they had ever seen, speaking to The Times [...]
Sunak’s government set to miss £11.6bn climate commitment July 5, 2023 Rishi Sunak’s promise to meet an £11.6bn climate and nature pledge looks set be missed, according to a leaked internal memo.
Bitcoin and Ether tick over as crypto markets await interest news with bated breath July 5, 2023 Bitcoin and Ethereum have dipped into the red this morning as investors wait for the minutes of the Federal Reserve’s June meeting.
New car market ‘growing back and growing green’ with EV surge – but rate hikes peak concern July 5, 2023 Britain’s new car market recorded its 11th consecutive month of growth in June with registrations rising 25.8 per cent – but it might not be smooth driving in the near future. Just under one million new cars were registered in the first half of 2023, up 18.4 per cent on the previous 2022, according to [...]
FCA investigation asks if Crispin Odey was ‘fit and proper’ to work in financial services July 5, 2023 The Financial Conduct Authority has today confirmed it launched probes into disgraced fund manager Crispin Odey in mid-2021 to determine whether he was a “fit and proper person” to be working in financial services.
Bank of England mulls forcing international lenders to set up UK subsidiaries – reports July 5, 2023 The Bank of England is considering plans to force more international banks to set up subsidiaries in the UK. According to the Financial Times, the Bank could reduce the threshold at which foreign banks have to set up subsidiaries which have their own capital and liquidity. Unlike branches, subsidies are able to be seized by [...]
