Lambeth tower proposal causes resident rebellion March 15, 2022 A tower-block-proposal in Lambeth has come under fire from local residents, with attention turning to the record of council-owned housing company Homes for Lambeth. The proposal for three towers all above nine storeys will block sunlight reaching a nearby park, playground and school and involve the uprooting of 43 trees. Residents complain that the project [...]
Oil prices plunge below $100 per barrel as supply concerns ease March 15, 2022 Oil prices tumbled below $100 for the first time in three weeks with both benchmarks weighed down by multiple geopolitical headwinds.
IOG delivers first gas in new North Sea project March 15, 2022 A new gas field under the North Sea off the coast of East Anglia has produced its "first gas" this week according to IOG.
When solidarity dissolves, Britain needs to get a grip of immigration rules March 15, 2022 Yesterday, Secretary for Levelling up Michael Gove unveiled the Homes for Ukraine scheme, aimed at welcoming “tens of thousands” of refugees fleeing the war. The scheme seeks to complement the first corridor the government made available for Ukrainians who have relatives in the UK. Discontent inside and outside Westminster has been rife, with Downing Street [...]
Prime Minister Boris Johnson confirms support for North Sea oil and gas industry March 14, 2022 Prime Minister Boris Johnson gave his backing to the North Sea oil and gas industry as the UK looks to ensure supply security.
Government considers extending life of EDF coal power plant March 14, 2022 The government is weighing up suspending the closure of a coal power plan overseen by EDF in West Burton.
UK firms to launch price hike spree as Bank of England prepares to lift rates again March 14, 2022 A record proportion of UK firms are preparing to hike prices in a further sign of the scale of inflationary pressures sweeping throughout the economy, reveals a closely watched survey released today. The fresh figures provide further incentives for the Bank of England to hike interest rates for the third meeting in a row when [...]
US Federal Reserve to hike rates for first time in over three years March 14, 2022 The US Federal Reserve will hike interest rates for the first time in over three years on Wednesday as the central bank takes the first step in shifting policy from supporting the American economy through the pandemic to taming runaway inflation. Fed Chair Jerome Powell and the rest of the Federal Open Market Committee (FOMC) [...]
Russia sent ‘400 mercenaries’ to kill Ukraine’s President Zelensky March 11, 2022 Vladimir Putin sent more than 400 Russian assassins to kill Ukraine’s democratically elected president Vlodymyr Zelensky – and break up his government. Kyiv was placed under a ‘hard’ curfew for 36-hours last week, after news of the mercenaries reached its government, and its army tried to clamp down on any possible infiltrators. A source close [...]
CF Fertilisers confirm UK operations continue despite energy market volatility March 10, 2022 One of the UK's leading fertiliser, CO2 and ammonia providers insist there have been no changes to its operations.