Exclusive: Fracking revival draws mixed response from industry analysts September 5, 2022 The growing possibility of fracking being revived in the UK has drawn a mixed response from energy analysts and think tanks.
Tree hugging isn’t optional on this full moon retreat in countryside near the capital September 5, 2022 THE WEEKEND: The historic market town of Cuckfield in West Sussex has changed little over the centuries – and residents plan to keep it that way. In a passionate effort to retain the area’s bucolic setting, they even clubbed together to buy (!) the New England Forest to stop developers building a holiday camp. In [...]
Sadiq Khan: Liz Truss, let’s turn the page for London and the UK’s benefit alike September 5, 2022 Sadiq Khan: One of my biggest hopes it that Liz Truss will put a stop the divisive, anti-London approach pursued by her predecessors
Britain is being failed by a lumbering digital state September 5, 2022 If you’re struggling to heat your home, how would you feel if you just missed out on £1,467 because of a computer glitch? In May this year, Rishi Sunak was blocked from raising benefits in line with inflation. The culprit? A 40-year-old IT system unable to process more than one benefit rise a year. Ineffective [...]
OEUK: UK must double wind turbine installation rates to meet energy targets September 4, 2022 OEUK argues the Government will have to at least double the rate of offshore wind turbine installations to meet its energy security goals.
Sunday Sitdown: Grind’s CEO on conquering America with his cult coffee chain September 4, 2022 Londoners may recognise the Grind coffee brand. There are currently eight branches around the capital and a 15,000 sq ft roastery in Bermondsey. Despite a hit to cafe revenues during the pandemic, the company is taking its business model across the pond as City A.M. can reveal today Grind has ambitious plans to conquer the [...]
Weekend Read: As the Pound crashes to record low, what can be done to halt Sterling’s freefall? September 4, 2022 City A.M. reported yesterday that the pound is on course to plunge to a record low against the US dollar, largely driven by the UK tumbling into a tough recession. Sterling is expected to drop to $1.05 by the middle of next year, but could fall close to parity with the greenback, according to consultancy [...]
Pace of retail footfall recovery slows in August as retailers look to autumn with ‘air of caution’ September 2, 2022 The recovery of retail footfall slowed last month as the cost of living crisis caused shoppers to steer clear of spending splurges. Although footfall at retail destinations in the UK continued to slowly climb back towards pre-Covid levels, the pace of improvement slowed, according to the latest data from the British Retail Consortium (BRC) and [...]
As our economy is squeezed from all sides, profit must not be a dirty word September 2, 2022 Over the last few weeks of the leadership election, we’re in danger of making profit a dirty word, as a myriad of problems threaten to engulf us. Recent figures have suggested the UK is headed for a chilling contraction; it is clear just how dangerous it would be if we failed to get growth back [...]
Johnson commits funding to Sizewell C nuclear plant to ‘get on’ with project September 1, 2022 Press Association Boris Johnson promised £700 million of funding for the Sizewell C nuclear power project as part of a drive to improve the UK’s energy security. The Prime Minister said the spike in gas prices driven by Vladimir Putin’s invasion of Ukraine showed why new nuclear generation capacity was needed in the UK. The [...]