Severn Trent on track for targets just months after launching affordability scheme for struggling Brits July 14, 2022 Water supply Severn Trent said it was enjoying a good start to the year operationally and said it expects at least £50m in customer outcome delivery incentives (ODI) outperformance payments in FY23.
OBR warns MPs against loose fiscal policy July 14, 2022 As the Tory leadership contest saw contenders set out their plans for taxes and government spending, officials from the UK’s fiscal watchdog yesterday repeated warnings about the trajectory of the UK’s public finances. In a Treasury Select Committee hearing yesterday, Chair of the Office for Budget Responsibility Richard Hughes said that the UK’s debt is [...]
Battery-powered storage vital to meeting EU climate goals and reducing Russian gas reliance July 14, 2022 Companies have called for a rapid roll-out of battery-powered storage to harness the boost in renewable generation planned in coming years.
SMEs put the buzz into business July 14, 2022 Micro-firms are the worker bees of the economy. They provide the thousand-and-one services that keep business going, contribute to the community, and help us keep our daily lives on track. They are the one-man bands; the partnerships, and the family businesses. They’re the people in the kiosk at the station serving your coffee in the [...]
The lack of space for this year’s grain is another hard blow to war-torn Ukraine July 14, 2022 As hot weather hits Europe, it’s time for those who are still able to farm in Ukraine to start this year’s harvest. Even amidst a renewed, brutal Russian offensive, farmers have to choose between going bankrupt or picking up this year’s crops despite the risks. Most choose the latter. Letting the crops rot under the [...]
Just Eat offers restaurants bikes, loans and cashback as they falter amid historic inflation July 14, 2022 Just Eat has unveiled a £1m support package with financial support for its independent restaurant partners as they struggle amid inflationary pressures. Small, independent firms in the UK will be able to access the support package, which includes marketing and financial support – that does not need to be re-paid. Businesses have been struggling in [...]
The next government should learn there’s no British revival without our great capital July 14, 2022 Whilst Tory party candidates scrap about who is most committed to levelling up the regions, the latest data suggests that it’s London that will lead a British revival. Most Brits underestimate what a powerful magnet this metropolis is and wrongly consider London to be a typical capital city. The latest survey from Ten Lifestyle Group [...]
Police forces must undergo a serious change to attract the best and brightest out there July 14, 2022 On his first day in office, Boris Johnson stood on the steps of Downing Street and committed to recruiting an additional 20,000 police officers by 2023. The commitment was central to the Conservative Party’s manifesto at the 2019 election. What the government is attempting to achieve is no mean feat. As well as recruiting the [...]
EU prepares to cut down gas demand ahead of cold winter months amid Russian disruption July 14, 2022 The EU will encourage member states to cut down the continent's gas demand by incentivising industries to use less energy.
Letters: Time for some regulation July 14, 2022 [Re: Fund managers call for FCA blockchain taskforce in plans for ‘Investment Fund 3.0’, July 7] The complete absence of regulation in the face of technological innovation is the worst of all worlds. The Investment Association’s report is right to call for the legislative and regulatory authorities to step up their efforts in determining how [...]
