Are you a liar, Prime Minister? No, I am an ‘honest’ politician and merely got partygate ‘wrong’, says Boris Johnson May 3, 2022 Prime Minister Boris Johnson this morning insisted he is an “honest” politician while he did admit to being “inadvertently” wrong in his comments to Parliament about the partygate row. Speaking to ITV’s Good Morning Britain today, the Prime Minister said that he should not resign over the partygate scandal because he is “getting on with [...]
BP and Shell set to unveil massive profits and payouts amid growing calls for windfall tax May 2, 2022 Shareholders in BP and Shell are anticipating bumper payouts this week, amid mounting calls for a windfall tax.
Boris Johnson mulls a new Right to Buy scheme as housebuilding hits the curb May 2, 2022 Prime minister Boris Johnson is reportedly mullinh plans to bring in a new Right to Buy scheme, inspired by Margaret Thatcher, amid reports housebuilding has hit the curb. The plans seek to target “generation rent”, those whose hopes of owning a home have fallen increasingly out of reach despite being ‘of age’ to buy. [...]
Octopus stretches tentacles into UK offshore wind market April 29, 2022 Octopus Energy Generation (Octopus) has dipped its toes into the domestic offshore wind market for the first time, investing in a large farm off the coast of Skegness.
ExxonMobil trebles buyback scheme after $3.4bn Russia write-down April 29, 2022 Exxon Mobil (Exxon) has revealed a hefty $3.4bn write-down following its withdrawal from Russia in its first quarter update.
Elon Musk sells $4bn in Tesla stock amid Twitter takeover April 29, 2022 Elon Musk has sold around $4bn (£3.2bn) worth of Tesla stock, a security filing has revealed, as the eccentric billionaire preps for his Twitter takeover. Musk, the man behind SpaceX, sold the shares over the past few days, adding in a tweet that he does not plan to sale any further shares. Tesla’s shares closed [...]
Government doubles support for high energy businesses as energy crisis deepens April 29, 2022 The government is boosting support for high energy usage businesses, amid spiralling energy costs and record power prices.
UK delays Brexit checks on EU imports for a third time April 28, 2022 The UK has delayed post-Brexit checks on EU food imports for a third time, with the new red tape now set to come in at the end of 2023. Brexit opportunities minister Jacob Rees-Mogg made the announcement today, saying it was not the right time to introduce more checks while the Ukraine war was already [...]
All eyes on Apple and Amazon as quarterly results loom April 27, 2022 With the dismal performance of many big US firms in the past few weeks, all eyes are on Amazon and Apple, who are due to post their quarterly results today.
Elon Musk wants free speech on Twitter? Time to meet Nadine Dorries April 27, 2022 If Musk thought finding financing would be the most complicated part of the Twitter deal, he hasn’t met Nadine Dorries.