Letters: Support for small businesses December 2, 2022 [Re: Exclusive: Business rates hike a ‘ticking time bomb’ for London economy, Mayor warns, November 29] The nation’s small and independent retailers are often described as the backbone of our high streets because of their important role in local communities and how much they contribute. While it’s rarely an easy environment for small businesses to [...]
Exclusive: Loosen pension rules to bridge ‘valley of death’ for climate tech, say policy groups December 2, 2022 A group of top tech bodies have called on ministers to rein in restrictions on pension funds today so they can fuel a wave of climate tech start-ups and bridge the “valley of death” funding gap facing the sector.
Macron on Musk: EU officials raise concerns over Twitter December 1, 2022 Top European officials have warned Elon Musk to play by its rules as concerns around hate speech and disinformation amplify. EU commissioner for digital policy Thierry Breton told the new social media owner that he would need to boost efforts to protect users. The bloc recently introduced the Digital Services Act, which is due to come into force next year and aims [...]
EDF secures further funding for Hinkley Point C in new settlement December 1, 2022 EDF has secured 14 years of funding for the UK's upcoming nuclear plant Hinkley Point C in case of the risk of further delays.
Google appeals record £3.5bn EU anti-trust penalty December 1, 2022 Google has filed an appeal with the EU’s top court this afternoon over a record €4.13bn (£3.5bn) fine. The tech giant said it will be challenging the commission’s largest ever anti-trust penalty handed down in 2018 that took aim at its Android operating system, suggesting that it restricted mobile competition and consumer choice. In the [...]
Foxconn boosts efforts to lure in staff as iPhone supply concerns mount December 1, 2022 Apple’s iPhone supplier Foxconn has boosted efforts to lure new employees as unrest continues in the crucial Zhengzhou region. Foxconn is now offering a 1000 yuan award (£117) to any employee that successfully refers a friend or family member to work at the plant. This new employee will need to work at the company for [...]
Joe Biden to host Emmanuel Macron for White House state dinner December 1, 2022 Joe Biden will host Emmanuel Macron for a White House state banquet tonight as a part of the French President’s three-day US trip. The pair will have a four-course meal at the lavish dinner, which will come after tensions flared between Paris and Washington yesterday. Macron hit out at America’s “very aggressive” Inflation Reduction Act, [...]
London markets post mixed day as banks take a tumble December 1, 2022 London markets posted mixed performance today as big industrial firms and banks dragged the FTSE 100 lower. The capital’s premier index dropped 0.19 per cent to 7,558.49 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, climbed 1.28 per cent to close at 19,409.42 points. [...]
Total Energies slashes £100m from North Sea plans after windfall tax December 1, 2022 Total Energies plans to cut its investment by a quarter next year, after the Government tightened the windfall tax last month.
Royal Mail slams union’s ‘wholly unacceptable behaviours’ at strikes December 1, 2022 Royal Mail has today written to union bosses to intervene in “wholly unacceptable behaviours” on the picket line. Writing to the general secretary of the Communication Workers Union (CWU) Dave Ward, the delivery giant said there had been more than 100 allegations of violence and assault, harassment and intimidation have been reported over the four [...]
