Letters: The case for solar farms October 13, 2022 [Re: If Truss wants growth, she needs to face down the rural lobby and back solar farms, October 7] It is a fallacy to say solar farms impede food production. The amount of UK land used for agriculture is 71 per cent. Of that, only 26 percent is used for crops. The rest is grassland [...]
City lawyer in the running to head competition watchdog October 12, 2022 The UK's competition watchdog could be closing in on a new boss, with a leading city lawyer tipped as a major contender for the hot seat.
Putin up tensions: Russian President blames West for supply crisis October 12, 2022 Putin has pointed the finger at the West for Europe's energy crisis, despite a Kremlin-backed supply squeeze.
London’s FTSE 100 weighed down UK banks tumbling October 12, 2022 London’s FTSE 100 was marred by the UK’s largest listed lenders falling sharply today on fears over borrowers struggling to pay home loans. The capital’s premier index fell 0.86 per cent to 6,826.15 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dropped 1.73 per [...]
Gazprom chief: Europe is still at risk of gas shortages this winter October 12, 2022 Europe should watch out for a cold freeze this winter and supply shortages, warned the head of Gazprom.
Debt campaigners sound alarm over Deliveroo’s Klarna tie-up October 12, 2022 Debt campaigners have sounded the alarm over a “worrying” partnership between Deliveroo and buy-now pay later firm Klarna today which they claim could land cash-strapped Brits in mounting piles of debt.
New laws pushing for paperless trade introduced to parliament October 12, 2022 A new bill aimed at driving paperless trade was introduced to parliament today, cutting “red tape” for international shipping. The Electronic Trade Documents Bill hopes to boost the UK’s international trade, and reduce the estimated 28.5 billion paper trade documents printed and flown around the world daily. Under the new law, digital trade documents will [...]
Truss voices support for Heathrow’s third runway October 12, 2022 Prime Minister Liz Truss has voiced her support for Heathrow’s third runway, saying she agreed with the comment made by transport secretary Anne-Marie Trevelyan. “I absolutely agree with what the transport secretary said in her comments,” Truss said today during PMQs. Trevelyan reportedly told a fringe event during the Conservative Party conference last week she [...]
Another Andrew Bailey misstep was the last thing markets needed October 12, 2022 Andrew Bailey’s tenure as Bank of England governor has not been a happy one. Marked first by the pandemic, it has been defined by rising prices, an economic slowdown and now a crisis of sorts in financial markets. Amidst all of this, the one thing the City would look for would be reliable and consistent [...]
Oil, gas and fracking key to UK’s green goals, says climate minister October 12, 2022 Oil, gas and fracking projects developed in the UK are good for the environment and energy security, argued the new Climate Minister.