Harbour Energy snubs North Sea licensing round after windfall tax hike December 16, 2022 Harbour Energy has announced it will not enter the UK's first exploration licensing round in nearly three years.
MoD awards Lockheed Martin with £129m 10-year drone contract December 16, 2022 The Ministry of Defence has awarded aerospace giant Lockheed Martin with a £129m contract to provide drones to the UK’s army. As part of the ten-year deal, the group will provide more than 250 drones with high-resolution imaging that can identify targets far from the operator. Lockheed Martin’s technology is already being used by the [...]
Government reforms needed to claim £1bn in extorted assets December 16, 2022 A potential £1bn of proceeds from political extortion are up for grabs if the UK Government undergoes reforms.
Tax take plunged by £9bn through the pandemic, NAO finds December 16, 2022 The amount of cash the taxman brought in during the pandemic plunged by £9bn due to a rise in dodging and non-compliance, according to official figures released today.
EP: 174 Christmas Ante Post Preview & Hong Kong December 16, 2022 The frozen tundra has scuppered jumps racing in the UK for the second weekend running with both Ascot and Haydock having to cancel their meetings due to the frozen ground. City AM Racing editor Bill Esdaile takes this opportunity to look ahead to the exciting King George meeting at Kempton on Boxing Day, plus we [...]
Rail strikes: Union boss Mick Lynch optimistic about reaching deal soon December 16, 2022 Mick Lynch is optimistic about reaching a deal that could end the ongoing rail dispute “in the next week or so.” The union RMT boss told Sky News this morning that the prospect of achieving a compromise during talks is “achievable.” “I know that there are some very simple steps that the employers and ourselves [...]
Explainer-in-brief: Britain needs to up its game on green jobs December 16, 2022 The UK risks losing out to competitor businesses in Europe, America and Asia, unless it heavily invests in factories for green technology over the next five years, according to analysis by think tank Onward. Nearly 250,000 jobs are at risk in carbon-intensive industries in Red Wall seats. In order to boost renewable energy and electric [...]
Heathrow raises earnings forecast to £1.67bn as passengers surpass 61m December 16, 2022 Heathrow has raised its 2022 earnings forecast to £1.67bn as over 61 million passengers are set to pass through its gates this year. The west London hub has increased predictions by £308m following higher revenue and flat operating costs. “Our liquidity position remains strong, and we expect to finish the year with £4.3bn of cash [...]
More Christmas cheer for King of Kempton December 16, 2022 WHILE most people are looking forward to opening their presents on Christmas Day, Paul Nicholls will be hoping to unwrap his biggest festive gift at Kempton Park shortly after 2.30pm on Boxing Day. The 13-time Champion Trainer has won the Ladbrokes King George Chase an astonishing 12 times, five with the brilliant Kauto Star, and [...]
UK consumer confidence rises but forecasts remain bleak  December 16, 2022 Consumer confidence in the UK improved by two points this month, but still remains near all-time low levels.
