Exclusive: Reform stamp duty to boost energy efficiency, urges Kingfisher November 21, 2022 The Government should reform stamp duty to boost the energy efficiency, argued Kingfisher, the owner of brands such as Screwfix and B&Q.
Hunt hopes for an uneasy peace between the markets, voters and his own party November 21, 2022 At the dispatch box, Jeremy Hunt opted to forgo the traditional Budget day whisky when he delivered the Autumn Statement. Given the task he was facing, you could forgive him for having a drink. Burgeoning estimates of the fiscal black hole were well trailed by a Treasury desperate to manage expectations. The final figure was [...]
Collapsed crypto exchange FTX owes top 50 creditors $3.1bn November 20, 2022 Collapsed crypto exchange FTX has revealed it owes its 50 biggest creditors nearly $3.1bn, as it presses ahead with bankruptcy proceedings in the US.
Hunt plots an ‘OK, but’ budget to spread the pain and fling it to the future November 18, 2022 As Jeremy Hunt competed for headlines with the Australian soap opera Neighbours, its theme song was unwitting inspiration for his financial plan.
Scottish Power boss hammers huge levy on electricity generators November 17, 2022 One of the leading figures in the energy industry has slammed the Government’s decision to impose a 45 per cent tax on electricity generators. Keith Anderson, chief executive of Scottish Power, warned the new Electricity Generator Levy will create a “five-year long corridor of uncertainty for investors” which risks undermining the UK’s green ambitions. He [...]
Government backs Sizewell C as Hunt approves £700m funding November 17, 2022 The UK's nuclear ambitions were given a fresh vote of confidence from the Government today, with Sizewell C set for £700m funding.
Matt Hancock’s eating bugs to improve his image – will the same work for me too? November 17, 2022 Spare a thought for poor former health secretary Matt Hancock, who has been so drastically misunderstood that he’s had to fly all the way to Australia to eat bugs and worms and testicles to present his “human” side to the British public. “The honest truth is there’s so few ways in which politicians can show [...]
Over 10m people at risk of exposure to record energy bills if Treasury cuts support November 16, 2022 Over 10m people in fuel poverty could be excluded from support packages for their energy bills, warned progressive think tanks SMF.
North Sea oil and gas production will be hit by hiked windfall tax, says Investec November 16, 2022 The UK jeopardises future North Sea oil and gas production, if the windfall tax is toughened up tomorrow, argued Investec.
Government in danger of missing nuclear targets, warns industry boss November 16, 2022 The Government is in danger of missing pledged targets to ramp up nuclear power and boost the UK's supply security.