BBC chiefs can’t rule out further cuts as licence fee freeze stings September 6, 2022 BBC chiefs have not ruled out further cuts to services as the broadcaster continues to feel the ramifications of the licence fee squeeze.
EXCLUSIVE: New PM Liz Truss will protect ‘crown jewel’ City of London September 6, 2022 Liz Truss will “empower the City to drive economic growth” through tax cuts and regulatory reform as Prime Minister, she exclusively told City A.M.. The newly-appointed Conservative leader said, who will be appointed formally by Her Majesty the Queen at Balmoral today, she wanted to maintain the Square Mile’s competitive edge and “supercharge growth and [...]
Gaucho restaurant boss claims steaks would have to cost £100+ to cover rising energy bills September 6, 2022 The hospitality chief behind the Gaucho steak restaurants has said his venues would have had to charge beyond £100 for steaks in order to cover energy costs if they were not fixed. Restaurant bosses have urged the new Prime Minister Liz Truss to issue emergency support for the sector as some venues grapple with bill [...]
Ethereum price movement outpaces Bitcoin ahead of Merge September 6, 2022 The price of Bitcoin (BTC) remains stuck below $20,000 this morning, with the largest cryptocurrency by market value changing hands for $19,911.
Liz Truss set to outline £40bn package to help businesses with energy bills September 6, 2022 Liz Truss is reportedly set to outline a £40bn support package for businesses struggling with soaring energy bills in the coming weeks. The incoming Prime Minister is mulling over two options – setting a fixed energy price for businesses or a flat percentage discount that energy suppliers must offer to companies. Bloomberg reports that the [...]
Construction sector shrinks for second month in a row as recession signals brighten September 6, 2022 Construction activity shrank for the second month in a row in a sign the UK economy’s malaise is spreading to every sector, a closely watched survey published today showed. S&P Global and the Chartered Institute of Procurement and Supply’s purchasing managers’ index (PMI) edged higher to 49.2 last month, up from 48.9 in July. Despite [...]
Boris Johnson’s farewell speech at Number 10 gives unity call: ‘It’s time for politics to be over’ September 6, 2022 Outgoing prime minister Boris Johnson’s farewell speech offered a unity call to his successor Liz Truss’s government, saying it’s “time for politics to be over” and for the party to stop infighting. In a brief early-morning address to a packed crowd outside the famous black door of Number 10, Boris Johnson said the torch had [...]
Tullow merger target Capricorn weighs up alternative bidders September 6, 2022 Capricorn Energy has confirmed it is holding talks with other bidders, following investor concerns over its Tullow merger.
Headlam ‘set fair’ for when current headwinds ease up as revenue falls slightly September 6, 2022 Floor coverings distributor Headlam has said it is “set fair” for when current headwinds let up, after posting a slightly subdued revenue in interim results. The London-listed firm posted total revenue of £323.8m, versus £329.9m the previous year, in results for the six months ended 30 June 2022. It recorded a 2.9 per cent decline [...]
Inland Homes shares plummet as it suspends shareholder buy-backs September 6, 2022 Inland Homes has announced it expects to make a heavy loss this year and has suspended its announced share buy-back programme.
