ULEZ row: Khan reassures 90 per cent are unaffected by expansion, as 700K face new charge and ‘massive financial impact’ March 24, 2023 Nearly 700,000 car drivers in London will face a daily £12.50 ultra low emission zone (Ulez) fee when the scheme expands, according to new analysis. The RAC, which carried out the research, said the expansion of the zone from August 29 will have a “massive financial impact on motorists and businesses”. It comes a day [...]
Michael Gove: Four more firms signed up to Grenfell safety contracts after being named and shamed March 24, 2023 Michael Gove said four more companies have signed up to post-Grenfell building safety contracts after he named and shamed some of the firms earlier this month that had not signed up to the agreement. The Communities Secretary had given companies until March 13 to sign up to the agreement aimed at addressing cladding issues following [...]
Brexit deal DONE: Sunak’s Windsor Framework signed off as UK and EU look for better relationship March 24, 2023 Rishi Sunak’s Brexit deal for Northern Ireland has been formally signed off at a meeting in London, as both the UK and the EU hope for better relations. Foreign Secretary James Cleverly and the European Commission’s Maros Sefcovic chaired a meeting on Friday to adopt the new arrangements for Northern Ireland, after the Government won [...]
‘If all prices try to beat inflation we WILL get higher inflation’: Bailey pleads with firms to be considerate to low earners March 24, 2023 The Governor of the Bank of England has pleaded with companies to remember that inflation will drop sharply later this year when they are setting prices or risk hurting those on the lowest incomes. Andrew Bailey said that if companies set prices that help embed inflation in the economy it will not benefit anybody and [...]
CMA drops concerns over Microsoft takeover of Call of Duty developer Activision Blizzard… for now March 24, 2023 The UK competition watchdog has provisionally dropped concerns that Microsoft’s proposed takeover of Call Of Duty developer Activision Blizzard would damage the UK console gaming market. The Competition and Markets Authority (CMA) last month warned the 68.7 billion dollar (£56.7 billion) deal could result in higher prices, fewer choices or less innovation for UK gamers. [...]
Explainer: The cost of transport in London is higher than any other major city March 24, 2023 If you live in London, you will have noticed public transport costs have gone up. And by quite a big chunk – from the 5th of March TfL fares went up by an average of 5.9 per cent. This makes the UK the country with the most expensive public transport in the world, according to [...]
Dating, DIY and Netflix: Brits stop spending on love and luxury due to cost of living crisis, Nationwide says March 24, 2023 The value of households’ spending on subscription services, home improvements and dating fell annually in February, according to analysis by Britain’s biggest building society of its members’ outgoings. The volume of dating transactions fell by a third (33 per cent ) in February 2023 compared with the same month in 2022, also falling by 7 [...]
Tax vote in 2016 saved Sunak £300k: Number 10 insists PM backed it ‘in national, not personal interest’ March 24, 2023 Downing Street has insisted Government decisions are made “in the national interest, rather than personal interest”, after reports that Rishi Sunak saved more than £300,000 due to a cut in capital gains tax he voted for in 2016. The Prime Minister released a summary of his tax affairs on Wednesday, showing that he had paid [...]
Planet Crypto: Introducing Mattress Bank March 24, 2023 The sketchers of satire at Planet Crypto have had the crayons out again. This time, they're celebrating the launch of Mattress Bank.
Succession star Brian Cox opened financial markets at London Stock Exchange March 24, 2023 Succession star Brian Cox swapped TV for LSE this morning, as the actor behind Logan Roy opened the London Stock Exchange. Ahead of the much-vaunted fourth and final season of the show on 27 March, the Scottish actor opened financial markets accompanied by a musical quartet playing the series’ iconic theme tune. Speaking after opening [...]