MPs to vote on new Treasury Select Committee chair on Wednesday November 8, 2022 MPs from across parliament will vote on who should be the new chair of the influential Treasury Select Committee tomorrow. The five candidates for the position were announced today as Andrea Leadsom, Kit Malthouse, John Baron, Richard Fuller and Harriett Baldwin. The election comes after former committee chair Mel Stride was named as work and [...]
Hunt reportedly set to rule out large tax hike for banks in autumn statement November 8, 2022 Jeremy Hunt is reportedly set to rule out a tax hike for banks in next week’s autumn fiscal statement, after previously keeping the option on the table. It has been widely reported the chancellor was considering overturning plans to cut the bank surcharge, to offset a broader hike in Corporation Tax, which sparked concern about [...]
Exclusive: Industry body slams UK-US LNG deal following fracking snub November 8, 2022 UKOOG has hammered the Government's decision to chase a long-term LNG deal with the US, while banning fracking.
Boost energy efficiency to tackle climate change, says Schneider Electric November 8, 2022 There needs to be more of a focus on less exciting parts of the green transition, argued a leading analyst at Schneider Electric.
UK economy to emerge from recession 10 per cent smaller than pre-Covid path November 8, 2022 The UK economy will be 10 per cent smaller compared to its pre-Covid growth path after the Bank of England’s forecasted two year recession, a top Wall Street bank has warned. JP Morgan said in a note to clients Britain is on course to miss out on a large chunk of much needed economic growth [...]
Brexit: Fresh setback for UK plan to ditch all EU legislation by end of 2023 November 8, 2022 The UK government’s post-Brexit plan to ditch all EU laws by the end of next year have fallen further into jeopardy, after civil servants discovered 1,400 more pieces of retained legislation. Prime Minister Rishi Sunak is reviewing his pledge to review or replace all 2,400 pieces of retained EU legislation by the end of 2023 [...]
UK closes in on mega LNG deal with US to stave off blackout fears November 8, 2022 The UK is set to finalise a major gas deal with the US after the COP27 climate change summit in Egypt this month.
‘Slit your throat’: Things looking increasingly ugly for Gavin Williamson as shock allegations pile up November 8, 2022 Pressure is mounting on both Prime Minister Rishi Sunak as well as former Education Secretary Gavin as new allegations about the behaviour of the latter have come to light. Williamson allegedly told a senior civil servant to “slit your throat” in what they claimed was a bullying campaign while he was defence secretary. As a [...]
Explainer-in-brief: What the hell is Boris Johnson doing at cop27? November 8, 2022 Boris Johnson called himself the "spirit of Glasgow" at Cop27 in Egypt.
British agriculture won’t survive any more wind changes from Westminster November 8, 2022 It is still 2022, we’ve got a third new prime minister, but there’s still no end to the economic chaos or U-turns in Westminster. It’s no wonder individuals and industries are impacted. Above all, there’s one common denominator when so many governments replace each other: uncertainty. Rishi Sunak initially signalled he wouldn’t be attending the [...]