Scrimping and saving by culling more transport investment will hurt all of us November 4, 2022 If ministers think HS2 doesn’t work in its current planned form, why not work out a way in which it does, rather than simply abandoning it as a white elephant?
Breezy does it: Wind generates 20GW for the first time ever November 3, 2022 Wind power generated more than 20GW of power domestically for the first time ever yesterday, revealed National Grid.
Harbour Energy warns raising windfall tax could risk UK investments November 3, 2022 Harbour Energy has warned it will have to reconsider investments in the UK, if the windfall tax is further expanded.
Peloton keeps tumbling as it warns for Christmas slump November 3, 2022 Peloton has forecast second-quarter revenue below Wall Street estimates as the company continues its two year tumble from grace as the leading stay-at-home stock. The exercise bike maker said it expects current-quarter revenue between $700m and $725m, down from analysts’ estimates of $874m, according to Refinitiv data. In a shareholder letter this morning, the company [...]
UK government is shifting its attitude over crypto – Westminster is backing this horse! November 3, 2022 There's growing movement in both the Houses of Commons and Lords that is slowly but surely embracing a future with cryptocurrency.
West End Christmas intake to be squeezed by pandemic and cost of living at £1.55bn November 3, 2022 West End Christmas intake is set to be a quarter up from last year but still almost 30 per cent down on pre-Covid levels. Around £1.55bn is set to be splashed out in the heart of London’s shopping district, as the capital bounces back from the pandemic in a restriction-free Christmas. The cost of living [...]
As Octopus reaches its tentacles into Bulb, a new Big Six is on the horizon November 3, 2022 Octopus Energy's takeover of Bulb signals the creation of a new Big Six, and an increasingly difficult market for challengers.
Federal Reserve hikes rates 75bps again and Powell signals higher peak November 2, 2022 The US Federal Reserve today hoisted the world’s most important interest rate 75 basis points for the fourth time in a row and signalled the borrowing cost peak will be higher than previously thought, scrapping any bets on a so-called “Fed pivot”. The Washington headquartered central bank hiked rates to a target range of 3.75-four [...]
Healey by Caton review: Blast from the past November 2, 2022 The Healey by Caton reimagines the classic Austin-Healey 100, adding bespoke styling, more power and uprated suspension. Tim Pitt drives it.
Hinkley Point C could have saved customers £4bn this year, says financing chief November 2, 2022 Hinkley Point C could have saved households more than £4bn in energy bills this winter, argued the financing director of Sizewell C.