We’re ignoring a basic tool to help the poorest with their energy bills right now August 24, 2022 In the throes of an inflation induced cost of living crisis, energy prices need urgent political and policy attention. The plans put forward tend to vary around traditional conceptions of more tax, less tax or price suppression – but there are also ways the government can do highly targeted interventions to people in need. Targeted [...]
Six months on, we must continue to stand with Ukraine August 24, 2022 It has been six months since Russia renewed its offensive against Ukraine. During that time, governments and strategists have been forced to let go of their prevailing post-Cold War assumptions about international relations – even in Europe, where peace was thought to be most embedded. Geopolitical competition has returned with a vengeance. Unfortunately for Russia, [...]
Dividends surge to £469bn as oil and financial firms dish out cash August 24, 2022 Global dividend payouts surged to record levels in the second quarter of the year as oil and financial firms paid out bumper sums to shareholders, new data has revealed.
Letters: Cry me a river, please August 24, 2022 [Re: Leaky pipes, raw sewage and blame shifting, yesterday] Rivers are drying up and droughts have been declared across much of the UK. Hosepipe bans dotted around the country and tips on limiting water usage at home certainly go some way. But we’re missing the bigger picture here. Keeping plants alive may be out, but [...]
UK and Ukraine launch talks on digital trade agreement August 24, 2022 The UK and Ukraine have agreed to launch talks on a new digital trade agreement as Kyiv prepares to celebrate independence day. UK trade secretary Anne-Marie Trevelyan met with Ukraine’s economy minister Yuliia Svyrydenko yesterday to confirm the talks, which are centred around supporting “Ukrainian businesses by cutting red tape and helping them to trade [...]
Solicitors’ watchdog vows to use strike offs instead of fines in sexual misconduct cases August 23, 2022 The UK’s solicitors’ watchdog is set to cease fining lawyers for personal misconduct offences, apart from in exceptional circumstances, with a view to using non-financial sanctions instead. In a statement, the Solicitors Regulation Authority (SRA) said it is pushing forwards with plans to amend its fining regime, after the UK’s Ministry of Justice (MoJ) upped [...]
Ryanair adds one million extra seats to UK winter schedule August 23, 2022 Ryanair has announced it was adding one million extra seats to its winter schedule while the likes of British Airways (BA) continue to axe flights. The airline now expects to carry 166.5 million passengers by the end of the year – 1.5 million more than initially predicted. The low-cost carrier said it was increasing its [...]
Iceland boss: Absence of government support on energy bills risks job losses and bankruptcy for firms August 23, 2022 Iceland boss Richard Walker has called on ministers to issue more support for businesses struggling with sky-high energy bills. Without a price cap on businesses’ energy bills, smaller firms would surely collapse, the supermarket’s managing director told CityA.M. An absence of further support for businesses was “really serious,” as the colder months approach, Walker said. [...]
National Grid to pay factories for gas cuts in emergency plans to fight winter crisis August 23, 2022 The National Grid has drawn up emergency plans to reduce power demand from factories across Britain as the winter crisis bites.
Stewarts tops UK law firm pay rankings with partner payouts of £2.7m August 23, 2022 London law firm Stewarts today said its partners will receive payouts of more than £2.7m each – more than partners at any other major UK firm. The London firm said its 21 equity partners will receive payouts of £2.74m each for the financial year ending on 30 April 2022 after the value of its profit-per-equity-partner [...]
