Exclusive: EDF calls for historic intervention to ease soaring energy bills August 26, 2022 EDF has called on the Government to ramp up support for households this winter with a four-phased intervention in the energy market.
Bank of England may launch biggest rate hike since 1989 if energy bill support fuels inflation August 26, 2022 The Bank of England may have to launch the biggest rate hike since 1989 if the government injects huge sums of money into the economy to cope with the cost of living crisis, a Wall Street bank said today. Borrowing costs could rise 75 basis points in November to deal with a historic inflation peak [...]
EXCLUSIVE: UK semiconductor industry in urgent need of a strategy, say Nexperia, Imagination, IQE and Paragraf August 26, 2022 The UK is in urgent need of a strategy to bolster its semiconductor industry, bosses of some of the country’s biggest chip companies have told City A.M. Maintaining a steady supply of semiconductors will be critical to the electric vehicle transition and roll out of 5G infrastructure. The long-awaited strategy is expected to be published [...]
You wonk believe it: Lidl and Waitrose welcome misshapen fruit and veg amid drought conditions August 26, 2022 Both Waitrose and Lidl have come out this week to announce that they would be relaxing size and shape guidelines for fruit and vegetables following drought-like conditions for farmers.
EXCLUSIVE: Mining is key to a greener future argues Anglo Pacific boss August 26, 2022 The mining sector is essential for a sustainable transition to a greener future, argued Anglo Pacific Group boss Marc Lefleche.
Bank Holiday: Around 900 flights cut since July August 26, 2022 Around 900 flights for the upcoming Bank Holiday weekend have been cut from flight schedules since July. UK flights planned for 26 to 30 August were 14,030 with an estimated 2.4 million seats on 1 July but data recently released by aviation analytics firm Cirium shows that numbers went down by 6.4 per cent. Compared [...]
Moderna to sue Pfizer over Covid vaccine tech August 26, 2022 Moderna has said it will be suing Pfizer and its German partner BioNTech for patent infringement for the first Covid-19 vaccine.
Nadhim Zahawi tells Brits to cut down their energy use to ease soaring bills August 26, 2022 Brits should consider cutting back their energy consumption, suggested Chancellor Nadhim Zahawi following the latest price cap hike.
Octopus unveils renewables fund backing UK’s largest battery August 26, 2022 Octopus Energy Group has launched a renewables strategy targeting early stage green projects to reduce Europe's reliance on gas imports
Ofcom gives merged BBC News channel the nod but calls for quality UK content August 26, 2022 Ofcom have called on the BBC to guarantee that the newly merged BBC News Channel will continue to provide high quality UK news.
