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 [...]
Michael Gove appears to ditch government pledge to build 300k homes per year May 11, 2022 Downing Street has sought to shrug off comments from the housing minister seeming to suggest the government had scrapped its home-building targets. Michael Gove suggested the government is no longer committed to building 300,000 homes a year by the mid 2020s, tearing up a Conservative party manifesto pledge. In an interview with Mishal Husain on [...]
Priti Patel looks to crack down on ‘criminal and disruptive guerrilla tactics’ of groups like XR, Insulate Britain and Just Stop Oil May 11, 2022 Priti Patel is looking to end “criminal, disruptive and self-defeating guerrilla tactics” of environmental activists, including those who glue themselves to roads in protest of fossil fuels. The Home Secretary made the Public Order Bill announcement in the Queen’s Speech, which will try to stop “relentless reoffending and significant disruption by a selfish minority of [...]
TikTok mockery: Boris Johnson criticised for video clip amid cost of living woes May 11, 2022 Despite hitting over half a million views in hours, Boris Johnson’s new TikTok has been met with more ridicule than it has revelling. Posting from his new @10downingstreet account yesterday, the public have taken to social media to slam the Prime Minister. One commented: “Country going into recession so the Government made a TikTok to help [...]
Irritated EU watches in disbelief as UK’s Brexit language hardens with Truss calling Brussels ideas ‘backwards’ May 11, 2022 Foreign Secretary Lizz Truss said some proposals put forward by the European Union during months of discussions on the post-Brexit treaty would “take us backwards” as she argued against introducing “more checks, paperwork and disruption”. Truss warned the UK “will not shy away” from taking action on the Northern Ireland Protocol after the Prime Minister [...]