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.
On standby: Britishvolt secures last minute funding to stay afloat November 2, 2022 Beleaguered battery firm Britishvolt has secured last minute funding to keep it afloat another few weeks. The company, which has been developing a massive £3.8bn gigafactory in north-east England, has been locked in emergency fundraising talks for several weeks – pushing to raise £200m, or sell the company outright. The lagging firm is a sign [...]
COP out: Government pushes back coal mine decision until after climate summit November 2, 2022 The Government has pushed back a decision on whether to go ahead with a new coal mine Cumbria for the third time this year.
Rishi Sunak WILL attend COP27 after all November 2, 2022 Prime minister Rishi Sunak has confirmed he will attend the COP27 conference in Egypt. In a tweet sent this morning, he said he would be at the climate conference in Sharm El Sheikh, after much speculation as to whether he would travel. Initially he said he wouldn’t because he needed to focus on domestic commitments, [...]
BP’s profit bonanza reignites calls for tougher windfall tax November 1, 2022 BP has unveiled another bumper round of monster profits powered by soaring gas prices, reigniting calls for a windfall tax.