UK motorways brought to standstill as angry drivers protest against rocketing fuel prices July 4, 2022 UK motorways have been brought to a standstill after dozens of angry drivers took to the streets and protested against rocketing petrol and diesel prices. Campaigners today targeted major arteries such as the M4 in South Wales and Somerset, as well as the M5 from Devon to Bristol and the A38. Demonstrations, in the shape of [...]
UK banks’ profits surge past French rivals for first time since before Brexit vote July 4, 2022 Profits at Britain’s banks have topped their French counterparts for the first time since before the Brexit vote, reveals a fresh study published today. The UK’s largest lenders posted pre-tax profits of $55.1bn (£45.6bn) last year, slightly higher than the $54.8bn (£45.3bn) registered by French banks, according to The Banker’s annual top 1,000 world bank [...]
Boris Johnson under pressure to explain why he gave Chris Pincher whips job despite well-known allegations July 4, 2022 Prime Minister Boris Johnson is under pressure to explain and set out what he knew about allegations of inappropriate behaviour centring on Chris Pincher before appointing him to the Tory whips’ office. The Prime Minister is alleged to have referred to the MP as “Pincher by name, pincher by nature” before making him deputy chief [...]
Sainsbury’s and M&S walk into shareholder storm over minimum living wage versus bumper bonuses July 4, 2022 As activists mobilise in the first shareholder resolution of its kind, supermarket giant Sainsbury’s will be put under pressure this week to pay all staff and contracted workers the national living wage. Responsible investment campaign group ShareAction is driving the experimental motion at the supermarket giant’s annual general meeting on Thursday 7 July. Legal & [...]
Backing fracking? Landmark report could resurrect lost industry this week July 3, 2022 The revival of domestic fracking could be finalised this week, as Downing Street scrambles to boost domestic energy supplies.
Prince Charles gave honour to peer who spent £1.7m on his eco-village July 3, 2022 Prince Charles gave an honour to Lord David Brownlow, after the Tory peer spent £1.7m to bail out the royal’s eco-village project in Scotland. The Prince of Wales also opened up his 18th-century country house, Dumfries House, for Brownlow’s 50th birthday and awarded his company a £1.2m construction contract. The Sunday Times reports that the [...]
Factories braced for energy rationing this winter amid fears Russia could turn off the taps July 3, 2022 Energy rationing could be on the cards this winter, with British factory owners suffering constraints to their energy supplies.
Boris Johnson mulls 50-year mortgages to get more young people on housing ladder July 2, 2022 Downing Street is looking at plans for 50-year mortgages that parents can hand down to their children. According to a report in The Times, Boris Johnson is looking at encouraging long mortgages as a way to get more young people onto the housing ladder. While a number of banks already provide products that mean parents [...]
Sainsbury’s and M&S walk into shareholder storm over minimum living wage versus bumper bonuses July 1, 2022 Supermarket giant Sainsbury’s will be put under pressure next week to pay all staff and contracted workers the national living wage, as activists mobilise in the first shareholder resolution of its kind. Responsible investment campaign group ShareAction is driving the experimental motion at the supermarket giant’s annual general meeting on Thursday 7 July. Legal & [...]
No 10 moves towards VAT cuts for millions of Brits as cost of living crisis rages July 1, 2022 Downing Street is proposing to reduce value-added tax in an effort to ease the cost of living. The Prime Minister’s chief of staff Steve Barclay suggested reducing the 20% headline rate of tax temporarily, The Times reported on Thursday. He said the temporary cut would bring down the tax bill for millions across the UK [...]