There’s much benefit in cooperation with our Indo-Pacific friends as we boost trade June 27, 2022 Amidst high inflation and a difficult economic outlook, it would be easy for our country to turn inwards in search of a panacea. But to echo the sentiments of John Donne – a famous poet born in the City of London – “no man is an island, entire of itself”. The same is also true [...]
UK to tip into ‘mild recession’ as cost of living crunch cools spending June 27, 2022 Brits responding to the cost of living crisis by reining in spending may tip the UK into a “mild recession” next year, reveals fresh forecasts released today. The Bank of England embarking on a rapid interest rate hike cycle may also send the economy into reverse, according to a new report by consultants KPMG. Yael [...]
As Sajid Javid outlines a digital NHS, tech needs to learn the health service’s values June 27, 2022 When Sajid Javid set out his reforms for the health sector back in March, he outlined his vision for a tech revolution. Healthcare, the health secretary argued, needed to follow the banking and shopping sectors, by using tech innovation to empower patients, leading to greater choice and convenience, and lower costs and health disparities. This [...]
CMA targets fashion industry over ‘greenwashing’ concerns June 27, 2022 The CMA is going after fashion brands responsible for “greenwashing” with a plan to “name and shame” the worst offenders. The fashion sector made up about a quarter of complaints received by the Competition and Markets Authority over false or misleading environmental claims, called greenwashing, according to research by law firm RPC. The CMA is, [...]
Criminal barristers push ahead with strike action over legal aid fees June 27, 2022 Criminal barristers are today set to walk out of courts across England and Wales, after last week voting to strike amid a long-running dispute with the government over legal aid fees. Barristers, who are expected to picket outside of London’s Old Bailey court today, are calling on the government to increase legal aid fees by [...]
Letters: Saving money through EVs June 27, 2022 [Re: To turbocharge our own EV revolution we must ensure affordability for all, June 21] Electric vehicles are seen as the car of choice for the elite. This is mainly due to the cost – a leading obstacle many drivers face when considering whether to invest in an EV. Over half of EV owners sit [...]
Khan moves toward running London Tube on 100 per cent renewable electricity June 27, 2022 Sadiq Khan will today begin the London Underground’s transition to being carbon neutral as he opens London Climate Action Week. The mayor of London will today launch a Power Purchase Agreement, with the first tender spent on ensuring “10 per cent of TfL’s required electricity from renewable energy sources” along with “new build assets”. Khan [...]
Johnson prepares to bring in steel tariffs on developing countries June 26, 2022 Boris Johnson has today suggested he is preparing to bring in a series of new steel tariffs in a bid to protect British manufacturing. Johnson is also expected to announce a two-year extension to tariffs on Chinese steel exports, which would be a violation of World Trade Organisation (WTO) rules. Boris Johnson today said “the [...]
Centrica withdraws from Bulb auction as bidding deadline approaches June 26, 2022 British Gas owner Centrica has withdrawn from the auction to snap up collapsed energy provider Bulb in a blow to government’s efforts to find a buyer for the firm.
PwC to give 11,000 workers their biggest pay rise in a decade June 26, 2022 PwC is set to give around half of its UK workforce their biggest pay rise in a decade, in hiking around 11,000 of its workers base salaries. The accountancy firm is set to give a nine per cent pay rise to around half of its more than 22,000 staff – at a cost to [...]
