Energy price cap to be reviewed in response to unprecedented rise October 29, 2021 Ofgem, UK energy watchdog, said it will review how the price cap on gas and electricity bills is calculated in light of the collapsing energy firms.
Opinion-in-brief: Social care loses out to its greedy older sibling October 29, 2021 The investment into technology and digitisation announced in this week’s Budget is a big step in the right direction. However, this level of modernisation needs to extend into social care – particularly when it comes to reducing hospitalisations and freeing up much-needed beds in hospitals. Through technology, policy and investment, the NHS and social care [...]
Eustice ‘happy to live with consequences’ of Brexit despite forecast GDP hit October 29, 2021 Environment secretary George Eustice has said he is “quite happy to live with the consequences” of Brexit after the Office for Budget Responsibility (OBR) forecast that the economic impacts would be double that of the pandemic. Speaking to BBC 4 Today’s Nick Robinson, and proposed with the government appointed OBR’s estimate, the minister said: “Well [...]
Brits splurge on credit cards at fastest pace in over a year October 29, 2021 Brits picked up their credit cards once again and splashed the cash last month as the summer drew to a close. Consumers spent an additional £600m on credit cards in September, the highest amount since July last year, according to the Bank of England. More to follow.
Letters: Stepping into Rishi’s shoes October 29, 2021 [Re: Hey, big spenders, October 28] If I were Chancellor for the day, there would certainly be a long to-do list. While I appreciate it’s a balancing act – starting to seriously address the long term deficit would be a priority. Making a dent in the £304bn black hole (net borrowing at the end of [...]
Focus on: Royal Docks – Royal Albert Wharf is a trendy new neighbourhood October 29, 2021 Stretching 4km along the northerly banks of the River Thames, the Royal Docks, in the London Borough of Newham, were originally built for importing and exporting goods during the Industrial Revolution. Closed in the 1980s, they have been undergoing a great deal of regeneration over the last decade, with a diverse array of residential, commercial [...]
How Covid moved views on sustainability October 29, 2021 The Covid pandemic has intensified concerns about environmental and social issues among individuals around the world who invest. That is one of the key findings from Schroders’ 2021 Global Investor Study. Another is that increasingly asset managers are expected to take responsibility for action over climate change. Here, we take a glance at the sustainability [...]
London markets dip as NatWest tumbles on money laundering charge October 29, 2021 London markets tumbled this morning driven by investors being spooked by NatWest booking millions to deal with the fallout of a money laundering scandal. The capital’s premier FTSE 100 index dipped 0.24 per cent to 7,231.78 points, while the mid-cap FTSE 250 fell 0.37 per cent to 23,113.91. More to follow.
Wizz Air top executive ousted for secret share trading October 29, 2021 Wizz Air’s chief supply chain officer has been fired after an investigation by regulators found that he had been secretly trading shares in the FTSE 250-listed airline for more than a year. Andras Sebok bought and sold shares in 114 different transactions between early April 2019 and the beginning of November last year, without notifying [...]
Time Out’s ‘Time In’ strategy and new CEO provides optimism for the future October 29, 2021 Media group Time Out announces revenue decline due to ongoing tourism limitations, but is "optimistic" for post-pandemic growth as it appoints a new chief operating officer, Chris Ohlund.
