Over a million commuters to be hit by Sadiq Khan’s ULEZ expansion, London Tories claim May 3, 2023 More than a million people that commute into London could be hit by Sadiq Khan’s expansion of the City’s ultra low emission zone (ULEZ), City Hall Conservatives have argued. Under the expansion, motorists with petrol and diesel cars that don’t meet emissions standards will face a £12.50 daily charge or a £180 fine for each [...]
A green price to pay: Why offshore wind’s rising costs pose a challenge for renewables May 3, 2023 Offshore wind generation is now facing real cost challenges for building new turbines raising the prospect of higher prices.
Windfall windbags: Labour calls for tougher tax after BP profits May 3, 2023 Windfall tax-backing politicians were described as “completely out of ideas” after calling for the levy to be toughened up.
Musk relaunches Tesla flagship model at lower price as supply chain backlog lifts May 3, 2023 Tesla Inc has resumed taking orders for its Model 3 long-range version in the United States, the company’s website showed late on Tuesday, after a temporary halt last year due to delivery backlogs. The long-range version of the entry-level Model 3 is priced at $47,240 currently, about 18.5% less than the $57,990 it was priced at [...]
Tax smoothies and ban smoking: George Osborne’s prescription for Britain May 3, 2023 The former Chancellor George Osborne has said the government should extend taxes on sugary drinks to fruit juices and begin the process of phasing out smoking. Speaking to the Times, the now chair of the British Museum said it was time to “look at the long-term legality of smoking.” Osborne, who introduced a limited tax [...]
The Notebook: Neil Bennett on the local elections, the BBC and a very modern strike May 3, 2023 The other day my bike appeared in The Sun. Like any proud owner, I have carefully kept the cutting. The reason for this was a colleague needed a prop for his anti-pothole campaign, catchily called “Pot Trumps”. Each day he features a large and terrifying pot hold on Instagram in a forlorn attempt to persuade [...]
Stephen King interview: Inflation is ‘profoundly undemocratic’ and must be stopped May 3, 2023 What kind of world do we live in today? From an economists’ view, one that’s a lot different from just a handful of years ago. War in Europe. Strained global trade. Government debt stocks at multi decade highs (certainly in the UK). All fixtures of our present day lives. But there’s two things that have [...]
A kernel of grain is driving a wedge through Europe’s response to Ukraine May 3, 2023 Poland and other EU member states have imposed a ban on grain from Ukraine. This risks leaving Ukrainian farmers in misery - and shows the cracks in the Western front, writes Elena Siniscalco
Banks cannot behave like start ups using a business model based on short term profits May 3, 2023 Banks are betting on short-term profits, and this is leading to their collapse. If we don't want to lose our small players, like we did with SVB, we need to recapitalise banks, writes Hugo Llewelyn
Spoiler: King Charles won’t remember the corporates who wished him good luck May 3, 2023 King Charles's coronation is round the corner, but businesses shouldn't feel like they must say something about it at all costs. Sometimes the best PR strategy for corporates is staying quiet, writes Simon Neville
