Oil prices continue to rise amid energy crisis October 11, 2021 Oil prices passed $84 a barrel last night as Brent Crude’s rally entered a new week. This is oil’s highest valuation on the UK-based index since March last year. The resurgence in oil prices has been boosted by a global shortage of gas and spiralling energy costs. It has resulted in oil stocks gaining 37 [...]
Rescuing abandoned customers ‘costs leading energy firms £700’ October 11, 2021 Taking on customers whose energy company has collapsed will cost surviving gas and electricity firms approximately £700 more per new client. Market giants such as British Gas, Octopus, and Shell have gained hundreds of thousands of retail customers from Ofgem’s supplier of last resort process – but it comes at a cost. The price of [...]
Can elite-level footballers like Thierry Henry and Steven Gerrard dominate the managerial landscape again? October 15, 2018 When Kevin Keegan signed for Liverpool from Fourth Division side Scunthorpe in May 1971, he reportedly agreed a contract worth £45 per week. Inflation-adjusted, one of the brightest prospects in English football accepted a salary of little more than £30,000 a year to play for a top-level club, an offer comparable to a mid-ranking human [...]
Toy maker Hamleys blames Brexit, terrorism and rising retail costs for £9m loss October 12, 2018 The UK's oldest toy store Hamleys revealed a record loss today with profits dropping a staggering 500 per cent over the past 12 months. The iconic toy-maker blamed Brexit, macroeconomic factors and the threat of terrorism for the downturn in its fortunes. The retailer announced a £9.2m loss for the year to 31 December 2017, having made a £1.7m profit [...]
Downing Street: Theresa May will rule out a customs union if no Brexit deal is reached October 12, 2018 Downing Street said today that Theresa May would never agree to a permanent customs union with the EU, as the Prime Minister attempts to set cabinet ministers at ease over the Brexit negotiations. “The Prime Minister would never agree to a deal which would trap the UK in a backstop permanently,” a spokeswoman told the [...]
London mayoral candidate Shaun Bailey faces fresh wave of criticism over teenage pregnancy remarks October 12, 2018 Conservative London mayoral candidate Shaun Bailey has faced fresh criticism after comments he made about contraception and teenage pregnancy came to light this week. Bailey said that the act of giving young people access to condoms and abortion services "normalise[s] sex" and pushes them towards a life of crime. "You have had local authorities up and [...]
Government is set to slash hybrid car subsidies as it focuses on pure electric power October 12, 2018 The Department for Transport (DfT) is cutting subsidies available for customers purchasing plug-in hybrid vehicles, as the government looks to shift consumer focus towards pure electric models instead. From next month, buyers of cars that emit less than 50 grams per kilometre of CO2 and have a zero-emission range of at least 70 miles will see [...]
Danny Welbeck a golden oldie among England’s young lions October 11, 2018 Gareth Southgate's calling up of precociously talented young guns Mason Mount, Jadon Sancho and James Maddison dominated the headlines when the England manager last week named his squad for upcoming Nations League games against Croatia and Spain. Their addition to an already youthful party is partly a consequence of injuries to World Cup picks such [...]
Vettel needs to cut down costly errors to compete with Lewis Hamilton next season October 11, 2018 Five years ago, when Sebastian Vettel glided past Romain Grosjean on the 39th lap of the Japanese Grand Prix on his way to a fourth Formula One World Championship in a row, he looked as close to untouchable as any racer in the history of the sport. Soaring to a 90-point lead in the drivers' [...]
Kyle Edmund: Can the British No1 make it to the ATP Finals in London next month? October 10, 2018 Kyle Edmund may have lost last weekend in the semi-finals of the China Open, with eventual winner Nikoloz Basilashvili denying him the opportunity to win a maiden ATP title, but an even greater prize still remains well within his reach this year. The British No1, who has risen from 50 to a career-high 14 in [...]
