Soaring energy bills to drag on UK economy, new forecasts reveal March 28, 2022 Swelling energy bills are set to drag on the UK economy this year by sending a chill through household spending, reveals new research published today. Household energy bills will almost double in October even after rebates are handed out, according to new forecasts published by the EY Item Club today. The downbeat assessment adds to [...]
British business titan Carolyn Fairbairn named new Mencap chair March 28, 2022 Dame Carolyn Fairbairn DBE has been appointed as the new Chair of Trustees at Royal Mencap Society this morning.
US private equity powerhouse Sycamore Partners makes £250m bid for Ted Baker March 28, 2022 US private equity group Sycamore Partners has reportedly made a formal £250m offer for the fashion chain Ted Baker.
Sunak eyes another council tax rebate after poor response to his spring statement March 28, 2022 Rishi Sunak is considering a further council tax rebate for Brits struggling with the cost of living crisis, after his spring economic statement was met by a very poor response on Wednesday. The chancellor is reportedly now looking into offering a further multi-billion pound package to help people with soaring energy bills and other household [...]
All eyes on Fujitsu as Post Office Horizon scandal leaves taxpayer with hefty compensation bill March 27, 2022 Pressure continues to mount on the Japanese IT giant Fujitsu to pay its share of compensation amid the ongoing Post Office public inquiry.
Sadiq Khan reveals £1.3bn procurement spend with small London firms March 27, 2022 The Mayor of London Sadiq Khan has revealed £1.3bn will be pumped into the capital’s small businesses over the next five years via contracts with a group of major organisations including TfL and NHS London.
Government plans to take stake in Sizewell C plant in nuclear push March 27, 2022 The government plans to snap up a 20 per cent stake in a major new nuclear plant in Suffolk as it scrambles to boost the country’s energy security amid soaring energy prices and war in Ukraine.
Ukraine war: Peace talks set to resume as Kyiv recaptures villages March 27, 2022 Ukrainian and Russian officials will resume peace talks in Turkey tomorrow, after Kyiv claimed that its forces have re-taken villages near two major cities under fierce attack. David Arakhamiya, a member of the Ukrainian negotiating team, today said on a Facebook video that another round of in-person negotiations will happen between 28 and 30 March. [...]
Zurich axes Z symbol after letter is adopted by pro-war groups March 27, 2022 Insurance giant Zurich has scrapped the use of its ‘Z’ logo from social media after the letter became appropriated as a symbol for support of war in Ukraine.
Ukraine: Antony Blinken says US not seeking regime change in Russia March 27, 2022 The US is not looking to pursue regime change in Russia in spite of comments made by Joe Biden yesterday, secretary of state Antony Blinken has said. The US President said last night in Warsaw that Putin was a “butcher” who “cannot remain in power”, before White House officials quickly backtracked and said Biden was [...]
