Mr Kwarteng goes to Washington: Business Secretary heads Stateside to lure nuclear investors May 15, 2022 The Business Secretary will seek to lure US investment in new nuclear plants, as the UK aims to reduce its reliance on Chinese investment.
Government confirms BBC licence fee exemption and UK-wide big screens for Platinum Jubilee May 14, 2022 The government has confirmed that big screens will be set up outdoors in London, Edinburgh and Cardiff so that people can come together to celebrate The Queen’s Platinum Jubilee next month.
Kwarteng: Nuclear power will add less than £1 per month to energy bills May 13, 2022 Kwasi Kwarteng took to Twitter to explain ramping up nuclear power will add less than £1 per month to energy bills during the construction phase.
Anger after partygate champagne donated by Tory chair and signed by PM is auctioned for charity May 13, 2022 The Conservative Party chair has come in for criticism after donating a bottle of ‘partygate’ champagne signed by prime minister Boris Johnson to a charity auction. . TV food critic and journalist Jay Rayner flagged it up on Twitter, sharing an image of the item and saying the party didn’t take partygate claims “seriously”. This [...]
Energy specialist warns government needs to spend £20bn on battery storage to meet renewable goals May 12, 2022 The government will have to commit £20bn on battery storage to meet renewables targets, argued energy specialists Cornwall Insight.
Kwarteng intervenes in China-linked takeover of UK-based graphene firm on security grounds May 12, 2022 Kwasi Kwarteng yesterday triggered a further review of a proposed China-linked takeover of a UK-based graphene firm.
Government pushes back plans for corporate climate disclosure May 12, 2022 The government made an eleventh hour move to scrap plans forcing UK corporates to disclose their environmental impact from the Queen’s Speech this week, according to reports.
Bitcoin hits 16-month low amid trouble at Terra May 12, 2022 Bitcoin is currently changing hands for around $27k - a 15 per cent drop over the past 24 hours and 32 per cent over the past week.
Partygate: Downing Street and Whitehall issued with 50 more fines by the Met over lockdown breaches May 12, 2022 Downing Street and Whitehall has been slapped with an addition 50 fines for so-called ‘Partygate’ lockdown breaches by the Met Police. In a statement issued this morning, the force confirmed more than 100 referrals for fixed penalty notices had now been submitted, and it is still investigating. This comes after Boris Johnson and Rishi Sunak [...]
Energy giants hold their breath as Boris Johnson refuses to rule out windfall tax and Rishi Sunak starts examining profit levy May 12, 2022 Prime Minister Boris Johnson has refused to rule out a windfall tax on the profits of the energy companies to help relieve the pressure of the cost-of-living squeeze. Chancellor Rishi Sunak has reportedly told Treasury officials to examine plans for a levy on the soaring profits of the oil and gas giants. It follows an [...]