Two CEO success stories should put nonsense comparison to bed January 7, 2022 Today marks what unions and one particular think tank term ‘high pay day.’ It’s the day at which an average FTSE 100 CEO has earned the equivalent of the whole-year earnings of the so-called average worker. As ever, the comparison is facile, the implication idiotic, and it is deserving of no more than these few [...]
Plan B blows UK economic recovery off course January 6, 2022 The imposition of Plan B in a bid to flush out a wave of Omicron cases whacked the British economy last month, reveals a closely watched survey released today. Brits were encouraged to work from home and limit socialising in December, igniting a mass exodus from city centres and high streets, dealing a heavy blow [...]
PM cleared of breaking ministerial code in Downing Street flat refurb probe January 6, 2022 Boris Johnson has been criticised for “acting unwisely” during a probe into his controversial Downing Street flat refurbishment, but has been cleared of breaking the ministerial code. It was revealed today that Johnson apologised to his ministerial standards adviser Lord Christopher Geidt for misleading him in the investigation, after the Prime Minister failed to disclose [...]
Johnson blames new phone number on failing to disclose messages on Downing Street flat refurb January 6, 2022 Boris Johnson has reportedly said he did not disclose messages about donations for his Downing Street flat refurbishment because they were on an old phone. It comes as Johnson is expected to be cleared today of wrongdoing by his own ministerial standards adviser Lord Christopher Geidt over undisclosed donations to the Tory party from Lord [...]
Which direction will the UK’s economic weather vane blow in 2022? January 6, 2022 It’s fair to say the last two years have been a turbulent one for the UK economy. The pandemic has upended working practices, supply chains and the monetary policy playbook. With the emergence of the Omicron variant leaving the spectre of coronavirus hanging over the country, it’s fair to say the British economy is not [...]
Tory tax revolt: Rees-Mogg comes out against Rishi Sunak’s planned national insurance hike January 6, 2022 Chancellor Rishi Sunak is urged this morning by Commons Leader Jacob Rees-Mogg to ditch planned rises to national insurance. Rees-Mogg told Rishi Sunak at yesterday’s Cabinet meeting that the increase must be scrapped to stem the rising cost of living crisis engulfing the Government, according to the Daily Telegraph. The Prime Minister faced questions from [...]
Electric vehicle registrations provide much-needed momentum for car manufacturers in 2022 January 6, 2022 A historically strong year for electric vehicle registrations provided some sparks of life to an otherwise morbid domestic car market in 2021.
CPI inflation to scale to highest rate in recent history this spring and smash Bank of England’s expectations January 5, 2022 Inflation will hit a record high and smash the Bank of England’s expectations this year, according to bets laid by City analysts. The UK’s mainstream measure of inflation will accelerate to a peak of 6.8 per cent this April, propelled higher by swelling energy bills, investment banking giant Goldman Sachs warned yesterday. However, the cost [...]
Shock and astonishment after Boris Johnson plans to ‘ride out’ Omicron wave without new Covid restrictions January 5, 2022 Covid experts have responded with shock and astonishment that the government has said it plans to “ride out” the Omicron wave without any new lockdowns or additional restrictions. Prime Minister Boris Johnson will face scrutiny over his decision despite the NHS coming under significant strain from coronavirus. Johnson will argue to his Cabinet on Wednesday [...]
Government could save UK industries from higher carbon costs this winter January 4, 2022 The government could cut the amount carbon-intensive industries pay amount pay for each tonne of carbon they emit into the atmosphere.