Shapps’ shale shutdown: Fracking group ‘frustrated and disappointed’ by U-turn on moratorium October 28, 2022 A fracking advocacy group has said it is “deeply frustrated and disappointed” by a government U-turn reintroducing the moratorium for the practice. Grant Shapps confirmed to Parliament this week the UK would “not support shale extraction” unless science can show “categorically that it can be done safely”. The U-turn on Liz Truss’ decision to lift [...]
Ex Chancellor Hammond criticises Sunak for sluggishness on Crypto October 28, 2022 Former Tory Chancellor Lord Philip Hammond has criticised Rishi Sunak for sluggishness on Crypto regulation. Theresa May’s money man hit out at Boris Johnson’s former chancellor calling on him to turn Britain in to a world leader in Crypto. Speaking to FN, he said he was a “little disappointed” the UK was so “far behind” [...]
Kanye West escorted from Skechers HQ after turning up ‘unannounced and without invitation’ October 28, 2022 Kanye West was escorted from the headquarters of trainer firm Skechers after arriving “unannounced and without invitation”. The comfort technology giant issued a statement saying it was not intending to team up with the controversial rapper who was dropped by Adidas earlier this week over racist remarks. Adidas announced it was pulling out of a [...]
Sacked Tory chair: Suella Braverman had ‘multiple breaches of ministerial code’ October 27, 2022 The sacked Conservative Party chair Jake Berry has claimed Suella Braverman was forced to quit over “multiple breaches”, including one relating to national security. The deposed head of the party under Liz Truss made his comments during an appearance on Piers Morgan Uncensored, days after Nadhim Zahawi took over his job. This comes after Suella [...]
Just Stop… the City: 27 activists arrested after bring Square Mile to a halt with protest October 27, 2022 27 Just Stop Oil protestors were arrested after bringing the City of London to a standstill during rush hour, gluing themselves to the roads around Mansion House. Protestors launched the action on the junction of Cannon St, Queen Victoria St and Garlick Hill at 9am as City workers were commuting. City Police surrounded the Just [...]
Meta struggles: Facebook, Instagram and WhatsApp owner’s profits halved October 27, 2022 Owner of Facebook, Instagram and WhatsApp, Meta, reported a fall in its revenue for the third quarter driven by plummeting ad revenue. The social media giant’s intake was four per cent down on last year’s third quarter, from £29bn to £27bn, while its costs and expenses were up almost 20 per cent. Income was down [...]
Foxtons’ shares up almost 13 per cent after revenue spikes by a quarter on last year October 27, 2022 Estate agent Foxtons’ shares were up almost 13 per cent after it reported a 25 per cent spike in revenue in the third quarter compared to 2021. Its overall intake was at £43.8m for three months to September compared to £35.1m last year in the same period. Following its reported results, Foxtons shares went up [...]
Post-Brexit deal with New Zealand goes to Parliament despite ‘concerns’ over removing tariffs October 26, 2022 A post-Brexit deal between the UK and New Zealand will be “formally laid in Parliament” today despite concerns over its impact on UK producers. International trade minister Kemi Badenoch made the announcement in a letter to Angus MacNeil, the chair of the international trade committee. The deal was agreed in February by Bedanoch’s predecessor and [...]
TfL unveils state-of-the-art pantograph electric bus chargers in renewed green push October 26, 2022 Transport for London’s push to go green took another step this week, with the unveiling of state-of-the-art technology to charge zero-emission buses. New pantograph charging points were unveiled at Bexleyheath bus garage, allowing some of its 850-strong fleet of green buses to be charged overnight. With a view to having a fully zero-emission bus fleet [...]
Two Just Stop Oil activists arrested after luxury car showrooms in Mayfair daubed with paint October 26, 2022 Two people have been arrested after high-end car dealerships in Mayfair including Bentley, Ferrari and Bugatti were daubed with paint by Just Stop Oil activists. Environmental campaigners smeared orange paint on windows of numerous luxury vehicle retailers in Berkley Square and Bruton Street. The incident took place at 8.30am, targeting dealerships including HR Owen Bugatti, Jack [...]