Exclusive: ‘Price cap not fit for purpose’ as Government slashes support October 17, 2022 The energy price cap is "no longer fit for the purpose" and should be reviewed, argued energy specialist Cornwall Insight.
VAT free shopping U-turn ‘major blow’ for West End as tourists shun London for Paris and Milan October 17, 2022 Scrapping VAT free shopping for tourists is a “major blow” for London and the country’s economy, a group representing luxury stores in the West End and other retail hotspots has said. Paul Barnes, chief executive of the Association of International Retail (AIR) – whose members range from Bicester Village to Heathrow Airport – told CityA.M. the [...]
Promising research on synthetic corneas from London university October 17, 2022 Aisha Memon, graduate from University College London and Dr Hirak Patra, Associate Professor of Nanomedicine and Regenerative Medicine at the University College London. The cornea is an avascular and clear structure present in the anterior part of the eye. It is responsible for mechanical support and protection as well as for light refraction, making it [...]
Bank of England offers energy firms backstop to combat soaring costs October 17, 2022 Energy firms will be able to apply for Government-backed guaranteed loans to secure their commercial future this winter.
Nadine Dorries calls for Boris Johnson to return as Prime Minister October 17, 2022 Former culture secretary Nadine Dorries has the Conservatives should reinstall Boris Johnson as Prime Minister. The staunch ally of the ex PM took to Twitter ahead of chancellor Jeremy Hunt’s bombshell statement on Monday morning. Hunt announced the UK’s energy bills freeze will only be universal until April and binned the majority of Liz Truss’ [...]
Hunt ditches ‘almost all’ of Truss’ tax cuts as chancellor bins mini-Budget October 17, 2022 Jeremy Hunt has binned “almost all” of Liz Truss’ mini-Budget, while also announcing that the UK’s energy bills freeze will only be universal until April. The new chancellor confirmed more of Truss’ tax cuts have now been overturned – including the planned cut to the basic rate of Income Tax – in a bid to [...]
From Truss to Bailey to panicking MPs, the blame for this mess spreads wide October 17, 2022 Turns out the orthodoxy is stronger than ever Liz Truss or Kwasi Kwarteng realised. Already it appears government policy is headed towards higher taxes and delays to supply side reform. We have ended up back at square one, but with a discredited government and no obvious plan for the growth that the now-departed Chancellor rightly [...]
Strong start to the crypto week for price of Bitcoin and Ethereum October 17, 2022 Bitcoin is up 0.31% over seven days, trading at $19,265 this morning, while Ethereum is holding around $1,309 - up 0.39% in the last week.
Low-cost carrier launches direct services to US following Washington approval October 17, 2022 Low-cost airline Norse Atlantic has pledged to ramp up services between the UK and US after it received the green light from the US department of transportation to operate direct flights. The low-cost carrier started operating flights from Gatwick to New York in August – offering return trips from £255 – but it was forced [...]
Citroen Ami review: Are friends electric? October 17, 2022 Priced from £7,695, the Citroen Ami is a tiny electric 'car' billed as an alternative to a bicycle or moped. We drive it in central London.
