Energy strategy will not resolve cost of living crisis April 7, 2022 A new dawn for the UK’s energy sector will be unveiled today, when the Prime Minister finally announces the country’s energy strategy.
Putin’s invasion of Ukraine is a war against old and new and tanks versus TikToks April 7, 2022 Three decades ago, the white, blue and red Russian flag was raised in Moscow, signaling the end of the Soviet Union. Right around that time, the English computer scientist Tim Berners-Lee invented the World Wide Web and introduced the first website. Today, we can see the impact of the end of the USSR on the [...]
Union calls to ‘beef up’ minimum wage enforcement powers in wake of P&O scandal April 7, 2022 Plans to make companies pay workers minimum wage will be “unworkable” if enforcement powers are not beefed up, said union TUC today following the P&O scandal. “A lack of enforcement will kick the legs out from under the Government’s minimum wage plans,” said TUC’s general secretary Frances O’Grady. “Our weak enforcement regime lets rogue employers [...]
UK to push forward with nuclear revolution as Johnson unveils energy strategy April 6, 2022 The UK will drastically expand its number of nuclear power plants and offshore wind farms as a part of Boris Johnson’s newly unveiled energy strategy. Tomorrow’s strategy will include plans to create a new government body, Great British Nuclear, and a £120m Future Nuclear Enabling Fund in a bid to build eight new reactors across [...]
Rishi Sunak’s wife hits back at claims she uses non-dom status to avoid paying UK taxes April 6, 2022 Rishi Sunak’s wife has hit back at claims that she took up “non-dom” status to avoid paying UK taxes. Akshata Murthy, the daughter of Indian tech billionaire N.R. Narayana Murthy, has claimed she has been forced to take up “non-domicile” status, due to not being able to hold dual citizenship under Indian law. The billionaire [...]
UK announces ban on Russian coal April 6, 2022 The UK will phase out Russian coal imports by the end of the year, as part of a new co-ordinated round of sanctions.
Venture capitalist Julie Meyer to appeal six-month suspended sentence for Contempt of Court April 6, 2022 Venture capitalist Julie Meyer MBE is appealing the High Court’s decision to hand her a six-month suspended sentence, after she was held in Contempt of Court following a £197,000 dispute with London law firm Farrer & Co. The appeal comes after the High Court issued a warrant for the businesswoman’s arrest, after she refused to hand over [...]
London judge slams New York law firm Cleary Gottlieb for charging more than £1,100 an hour April 6, 2022 A London judge has slammed US law firm Cleary Gottlieb Steen & Hamilton for charging its clients more than £1,100 an hour. In a short ruling today, Court of Appeals judge Lord Justice Males spoke out against the white shoe law firm, after it charged Korean electronics company LG as much as $1,475.75 (£1,131.75) an [...]
Garden products manufacturer Marshalls to buy roof tile maker Marley in deal worth £535m April 6, 2022 FTSE 250 paving stone manufacturer Marshalls is set to acquire roof tile manufacturer Marley Group in a deal worth £535m. The garden materials maker struck a conditional deal to acquire Marley, in line with its plans to “become the UK’s leading manufacturer of products for the built environment.” The West Yorkshire headquartered firm said Marley [...]
Energy conflict: EU unveils plans to seize Russian energy revenues April 6, 2022 Economic warfare between Russia and the West escalated yesterday, after the EU announced plans to seize Russian energy revenues.
