Smoking laws light up the path for a small government September 7, 2022 A Johnson government, with its tendency to lean towards state intervention, and a pandemic, which lead to restrictions not seen for decades, has left the UK in an era where the big hand of Whitehall is the norm. Rolling back the size of the state was put front and centre of Liz Truss’ leadership campaign, [...]
Independence is ‘vital’ for effective regulation, say watchdogs September 7, 2022 The UK's top financial regulators have doubled down on their continued independence from political influence today as they warned that pursuing short term growth by "lowering" regulatory standards could threaten financial stability.
FCA issues warning over influencers peddling online trading services September 7, 2022 The UK’s financial watchdog has warned Brits against the dangers of unregulated financial advice today amid fears that social media influencers are peddling crypto and forex trading as a way out of a cost of living crunch.
Letters: The robots won’t wait September 7, 2022 [Re: Artificial Intelligence: UK’s Supreme Court to rule on letting robots patent inventions, Sept 4] The permission to appeal to the Supreme Court to reconsider the case of whether artificial intelligence (AI) entities should be allowed to be named as inventors on UK patent applications is a clear indication of the public importance of this [...]
Liz Truss could be the gear shift Britain needs September 6, 2022 Should you be in need of a slightly bitter laugh during your lunch break, we recommend you pop down an internet wormhole and find the video of Britain’s former business secretary and now Net Zero czar Alok Sharma proudly pressing the red button on the demolition of SSE’s Ferrybridge coal plant. It is just over [...]
Siemens refutes Gazprom claims for Nord Stream pipeline shutdown September 6, 2022 Gazprom's claims that the Nord Stream 1 pipeline is down due to faulty equipment were called into question by Siemens Energy.
Audit watchdog’s move to Birmingham could spark staff exodus, industry experts warn September 6, 2022 The government’s decision to pick Birmingham as the future home for the UK’s new audit watchdog could see an exodus of talent from the regulator it is set to replace, industry experts have warned. City A.M. reported yesterday that ministers had picked the UK’s second largest city, Birmingham, as the home of the soon-to-be-launched Audit, [...]
Britain hurtling toward long economic slump and record living standards squeeze September 6, 2022 Britain is sinking into a long economic slump that will deal the biggest hit to household finances on record, a new report released today shows. A historic inflation surge led by sky-high energy bills is set to tip the country into a recession this year, wiping off £2,000 of Brits’ real take home pay, according [...]
Liz Truss says UK can ‘ride out the storm’ in first speech outside Number 10 September 6, 2022 Liz Truss has vowed that Britain can “ride out the storm” it is facing during her first speech outside Number 10 Downing Street. The former foreign secretary was greeted by warm applause as she arrived at Number 10 for the first time as Prime Minister, and said she would outline her energy support package later [...]
Legal fee hike on current cases could end barristers strike, CBA chair suggests September 6, 2022 AN IMMEDIATE 15 per cent hike to legal aid fees for ongoing cases could be enough to end the barristers’ strike, the chair of the Criminal Bar Association (CBA) hinted today. CBA chair Kirsty Brimelow told MPs today that the group would ballot its members on ending the strike if “significant” progress is made “That [...]
