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      IMF boss warns on AI ‘tax erosion’ if jobs are wiped out

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  • Calories on the menu: Bosses fear new rules for restaurants will leave a sour taste

    April 6, 2022

    Diners are being confronted with the calorie contents of meals at some restaurants under new laws that come into effect today – but could this do more harm than good? Hospitality bosses have said the changes come at the worst possible time, as the sector endeavours to recuperate pandemic losses while staring down the barrel [...]

  • Nuclear fusion: World-first reaction achieved by Oxford-based start-up

    April 5, 2022

    The crown jewel of energy production, nuclear fusion using a projectile, may have been cracked in a major scientific breakthrough by a start-up in Oxford. First Light Fusion (FLF) was praised by business and energy secretary, Kwasi Kwarteng, after it announced it had achieved the reaction in its Kidlington laboratory. The experiment fused two atoms [...]

  • Government paves way to end fracking moratorium with new survey

    April 5, 2022

    The government has announced a survey into fracking ahead of the unveiling of its long-awaited energy strategy.

  • Germany seizes control of Gazprom supply arm

    April 5, 2022

    The German government has taken hold of Gazprom's German unit - to prevent a Russian-backed takeover of the business.

  • Speculation rages that top civil servants will be implicated in full Gray partygate report

    April 5, 2022

    Top Whitehall staff are reportedly braced for senior civil servants to be implicated in Sue Gray’s full report into partygate, after the government’s ex-ethics chief was handed a police penalty notice last week. Former head of propriety and ethics in the Cabinet Office Helen MacNamara was given a £50 fine by the Metropolitan Police, after [...]

  • Russian Army soldiers killed ‘for amusement’ in what look like war crimes, says British military bigwig: ‘Systematic and deliberate’

    April 5, 2022

    The former head of British military operations in Afghanistan has said images of dead civilians in Ukraine point to war crimes committed by Russian troops. Colonel Richard Kemp, a former member of the Joint Intelligence Committee, said there appears to have been a policy of systematically killing civilians to spread terror. Asked if video footage [...]

  • Eastern Ukraine holds its breath for fresh ‘large scale assault’ by Russian Army

    April 5, 2022

    Ukrainian foreign affairs minister Dmytro Kuleba warned of a “large-scale” assault on the east and south of his country as Russian troops regroup, having been pushed back from the capital. He told reporters, during a joint press briefing with Ms Truss, that there had been “some hesitation” in the West about providing Ukraine with “all [...]

  • Double-digit footfall boost for London and South East as shops fear cost of living crunch will deter customers

    April 5, 2022

    Retail footfall saw a double-digit boost last month in London and the South East, thanks to a bout of sunshine. London and the south East saw a 11.3 per cent rise in footfall to retail destinations in March. This represented footfall down 22 per cent on pre-pandemic levels. Across the UK, footfall was up 9.9 [...]

  • 1 Minute Market Rundown – 4th April 2022

    April 4, 2022

    Russia – UkraineETH and SOL outperformingFed mind in focusS&P tops out March proved to be another strong month for employment data with the headline number inline and unemployment ticking lower. The tight labour market has reaffirmed the hawks’ calls for a 50bps hike in May by the FED. Of the remaining 6 meetings for the [...]

  • London shoppers evacuated from Oxford Street after gas leak

    April 4, 2022

    Shoppers have been evacuated from Oxford St after emergency services have shut down the West End shopping destination. The Met closed several streets in the area on Monday afternoon, including Poland Street, Berwick Street, Oxford Street, Noel Street, Wardour Street and Great Marlborough Street. In a tweet, the police force said: “Please can we make [...]

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