Motor boss warns against ‘protectionism’ as electric vehicle production accelerates 50 per cent February 24, 2023 Car production in Britain fell slightly in January as thousands continued the shift towards electric vehicles which experienced a near 50 per cent increase. Despite global economic instability, car production fell just 0.3 per cent last month, which was welcomed by the industry as a sign of market stability. The Society of Motor Manufacturers and [...]
Bitcoin adoption will happen at its own speed February 24, 2023 Jason Deane rounds up the week with some reflection on his recent visit to El Salvador - the land of Bitcoin.
Retailers demand scrapping of ‘£2bn’ waste strategy policy amid fears it will increase consumer costs February 24, 2023 The UK’s largest retailers are urging the government to scrap its waste strategy policy, or risk forcing prices up for consumers who are already facing a cost of living crisis. A draft letter obtained by Sky News, which it is understood will be sent to government officials next week, outlines industry concerns about the costs [...]
British Airways: Owner IAG shells out £352m to sweep up remainder of Spanish carrier February 24, 2023 British Airways’ owner International Airlines Group (IAG) will pay €400m (£352m) to Spanish firm Globalia for the remaining 80 per cent stake of its Air Europa carrier. IAG said the move will allow it to tap into the Latin America and Caribbean market as well as to increase ties to Asia. The owner of Britain’s [...]
Ukraine: Zelensky pledges push for victory on war anniversary February 24, 2023 The president of Ukraine pledged to push for victory in 2023 as he and other Ukrainians marked the sombre first anniversary of the Russian invasion that changed their lives. As dawn broke on a day of commemorations and defiance, president Volodymyr Zelensky tweeted that Ukrainians had proven themselves to be “invincible” in what he called [...]
UK edges further away from recession as families’ economy and inflation outlook brightens February 24, 2023 Another brighter than expected set of economic numbers out today indicate the UK has a chance of avoiding a much-tipped recession this year. Consumer confidence climbed faster than forecast to minus 38 points this month, up seven points from minus 45 points in January, according to research firm Growth for Knowledge’s index which has been [...]
Westminster street renamed ‘Kyiv Road’ to mark anniversary of invasion February 24, 2023 A central London street has been renamed ‘Kyiv Road’ to mark the first anniversary of the invasion of Ukraine by Putin’s Russia. Westminster City Council announced the move to mark the landmark date today. Council leader Adam Hug said: “Westminster is home to Ukrainians displaced by the war, and our residents have opened their hearts [...]
Only Putin can end the war, but we can help rebuild afterwards February 24, 2023 On the anniversary of the Ukraine war, Putin is showing few signs of giving up his offensive. For the UK, we need to make sure Kyiv knows we will be there in the aftermath.
Childcare rules on Universal Credit are keeping single parents out of work February 24, 2023 If Rishi Sunak wants a balanced budget to put life back into Britain’s workforce, he needs to help single mothers on welfare back to work.
The debacle over a Kensington cycle lane shows us how badly we need good infrastructure February 24, 2023 What a local war over a cycle lane on High Street Kensington told us about Britain’s infrastructure.
