Gas prices surge over 25 per cent after Aussie oil and gas workers threaten to strike August 9, 2023 Gas prices in Europe skyrocketed today over fears of future supply disruptions after Australian oil and gas workers threatened strike action.
Worldcoin sign-ups top 2.2 million August 9, 2023 The number of users signing up to the controversial Worldcoin digital asset has passed 2.2 million, according to a study by Cryptogambling.tv.
Labour risks green investment climate with ‘wobbling’ over net zero, energy boss warns August 9, 2023 The Labour Party needs to "stop wobbling" and commit to the "significant economic and social opportunity" presented by net zero, the boss of Good Energy has warned.
Brokers predict ‘mortgage price war’ as lenders including HSBC and Nationwide cut rates again August 9, 2023 Brokers have suggested there could be a “mortgage price war” as lenders continue to reduce rates amid hopes inflation is finally on the way down. Nationwide reduced prices on some of its fixed products by up to 0.55 percentage points while HSBC reduced rates by up to 0.2 percentage points. TSB also lowered rates by [...]
Law firms face four month payment delay as cash flow fears raised if economy tanks August 9, 2023 UK law firms are being forced to wait over four months to get paid by clients, new data reveals, spotlighting potential cash flow issues firms could face if the economy nosedives. The average time the UK’s top 100 law firms are waiting to get paid is 124 days, according to research from accountancy firm Lubbock [...]
Sky drops Oscars coverage after 20 years August 9, 2023 UK film enthusiasts will no longer be able to watch the Oscars coverage via Sky as the TV giant has reportedly relinquished its two-decade hold on broadcasting the prestigious LA awards ceremony. Sky is set to end its deal to show the Oscars and Disney, the rights holder, is reportedly in advanced talks with an [...]
Explainer: Are Russian hackers involved in the Electoral Commission attack? August 9, 2023 During this otherwise quiet August week, the big story is the hacking of the Electoral Commission, which some are starting to tentatively attribute to Russian hackers. Yesterday, the Commission admitted it was hacked in 2021, but that it only discovered the attack in October 2022. It decided not to say anything to focus on stopping [...]
China’s economy slips into deflation as recovery from pandemic continues to falter August 9, 2023 China’s already “tortuous” recovery from the Covid pandemic continued to stall today as fresh data indicated that domestic demand remained depressed. Figures out this morning showed that the world’s second largest economy slid into deflation in July for the first time since February 2021, with the consumer price index (CPI) falling 0.3 per cent year-on-year. [...]
ULEZ: ‘Unreasonable’ scrappage schedule means daily charges for ‘quite some time’ after expansion August 9, 2023 Many drivers will be charged daily fees “for quite some time” because London’s car scrappage scheme is not being extended until eight days before the expansion of the ultra low emission zone (ULEZ), a motoring services company has said. The RAC, which issued the warning, described the timings as “extremely frustrating”. The area covered by [...]
Eon warns energy crisis not over yet as it ramps up renewable spending August 9, 2023 There is still a risk that gas prices could rise this winter despite the recent calming across energy markets, Eon warned today.
