Windfall tax u-turn drags down London-listed energy titans May 27, 2022 London-listed energy companies that will be caught by Chancellor Rishi Sunak’s windfall tax tumbled during opening exchanges today. The capital’s premier FTSE 100 index was flat this morning at 7,564.82 points, while the mid-cap domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, jumped 0.52 per cent to 20,354.82 [...]
Exclusive: KPMG to hire 3,500 tech workers to staff newly launched digital products business May 27, 2022 KPMG today launched a new digital solutions business which is set to see the firm more than double the size of its 3,000 strong technology focused workforce by hiring 3,500 new data scientists and engineers. The UK arm of the Big Four firm said it plans to create 1,000 London tech jobs, in its efforts [...]
Explainer-in-brief: Guess who’s behind the dead cat strategic masterpiece? May 27, 2022 Yesterday Chancellor Rishi Sunak announced the introduction of a windfall tax – or as he called it, a “temporary targeted energy profits levy” – signalling a huge u-turn from his party’s previous stance on the policy. The announcement came the day after the Sue Gray report on Downing Street boozy parties, leading some to condemn [...]
Anti-5G campaigners get green light for ongoing legal battle with UK government May 27, 2022 'Action Against 5G' has been granted permission by the Court of Appeal to move forward with its battle with the UK government for failing to provide the public with 'adequate information' about the potential risks.
Sunak: If you’re rich like me, give windfall tax of £400 to charity May 27, 2022 Rishi Sunak has said people should follow his lead and give the government’s £400 energy bill assistance to charity. The chancellor of the exchequer made his comments this morning after it was announced everyone will get a grant as part of a £21bn living support package. This comes after pressure on the government to impose [...]
Twitter shareholders sue Elon Musk over ‘illegal’ bid May 27, 2022 Twitter’s shareholders have sued serial entrepreneur Elon Musk over his “illegal” takeover bid. Investors said that Musk’s decision to put on hold his initial $44bn bid brought Twitter’s value down, allowing him to either walk away from the deal or negotiate a lower price. The billionaire initially announced his intention to buy Twitter in late [...]
British Transport Police first UK force to arm volunteers with tasers May 27, 2022 The British Transport Police has become the first police force in the UK to arm its volunteer police personnel with tasers. From today, 22 British Transport Police volunteer officers will be carrying a taser while on duty after they received a three-day course on how to use the weapon. The move was announced last week [...]
Ollie Phillips: Leinster should sneak tight Champions Cup final May 27, 2022 It’s going to be tight, Champions Cup finals usually are, but I think Leinster will win their fifth title tomorrow in Marseille. They have the physicality, they have the depth, and they’re stacked with match winners. They’re the favourites for sure. That said, it would be foolish to completely write off Ronan O’Gara’s La Rochelle [...]
Around 4,000 people fined for not wearing masks on TfL network during pandemic May 27, 2022 Around 4,000 people were fined for not wearing a face covering on London’s transport network when it was compulsory due to Covid. According to City Hall data, 3,996 fixed penalty notices were issued between 24 February 2021 and 27 January 2022. Figures also showed that TfL staff prevented 7,283 people from travelling while forcing another [...]
JD Sports attempts to calm investors about Cowgill exit as shares slump May 27, 2022 JD Sports made attempts to reassure investors yesterday after red flags were raised by the sudden departure of Peter Cowgill.
