Car industry downgrades yearly output forecast amid semiconductor issues and Ukraine war July 28, 2022 The UK automotive industry has downgraded its production forecast for the year as global chip shortages and the war in Ukraine’s impact continue to bite. The Society of Motor Manufacturers and Traders (SMMT) told journalists today production will grow by 1 per cent. This means that 866,000 cars will be built by the end of [...]
Law Commission proposes major legal reforms for crypto July 28, 2022 The Law Commission of England and Wales today published new proposals to reform the law around crypto and suggested recognising them as a new, distinct form of property known as “data objects.” The Commission highlighted the increasing importance of crypto and its numerous uses as it considered the principles of private law and private [...]
Law Commission proposes crypto reforms and suggests recognising it as new form of property July 28, 2022 The Law Commission of England and Wales today published new proposals to reform the law around crypto and suggested recognising them as a new, distinct form of property known as “data objects.” The Commission highlighted the increasing importance of crypto and its numerous uses as it considered the principles of private law and private [...]
Energy supplies will be tight this winter, warns National Grid’s system operator July 28, 2022 The UK's electricity supply could be tight at times this winter but there should be sufficient supplies to meet demand revealed NGESO.
January Blues: Brits face painful spike in energy bills as Kremlin puts West under pressure July 27, 2022 UK households are set to be hit by energy prices as high as £500 a month in the new year, according to new analysis.
Equinor hands out a further $3bn to shareholders as high gas prices power bumper profits July 27, 2022 Equinor is returning an additional $3bn to shareholders, with the Norwegian energy giant enjoying second-quarter profits above expectations.
Trade unions challenge government’s strike breaking law July 27, 2022 A COALITION of trade unions have launched a legal challenge against the government, over claims its new law, allowing companies to bring in agency workers as strikebreakers, breaches the European Convention of Human Rights (ECHR) and violates the UK’s Brexit trade deal. The challenge comes after the government last week overturned laws forbidding companies from hiring angency [...]
TfL ask for more time to look at “very complex” Whitehall funding arrangement July 27, 2022 TRANSPORT for London chiefs have asked for more time to look at the detail of a long-term funding deal from central government. Late last Friday evening the Department for Transport sent the body a proposal which would bring to an end a series of temporary bailouts and fraught negotiations, but TfL commissioner Andy Byford yesterday [...]
Exclusive: Pro-democracy activist Nathan Law labels HSBC a ‘cheerleader’ for Chinese Communist Party July 27, 2022 HSBC is “cheerleading” for the Chinese Communist Party’s (CCP) campaign to strip away Hong Kongers’ human rights, Nathan Law, a pro-democracy activist, told City A.M. today. Law, a former member of Hong Kong’s parliament, accused Britain’s largest lender of putting profits ahead of taking a stand against Beijing eroding the city’s citizens’ freedoms through the [...]
Litigation funder Therium poaches lawyers from top firms as it seeks to build up record lawsuit war chest July 27, 2022 Litigation funder Therium Capital today said it had recruited four new lawyers from some of London and New York’s top firms, as it prepares to raise its largest war chest yet. The firm has brought on board two new London lawyers – ex-Slaughter and May associate Chris Wilkins and ex-Michelmores associate Charlie Temperley – [...]
