Enhanced Games ‘flies in face of world-agreed system’ – former British Olympic chief June 28, 2023 Plans for a doped-up alternative to the Olympics, the Enhanced Games, “fly in the face of a world-agreed system” requested and supported by athletes, says former British Olympic chief Sir Craig Reedie. The Enhanced Games, the brainchild of London-based lawyer Aron D’Souza, has ambitions to launch as soon as next year with the promise that [...]
Planning constraints will prevent UK from net zero, reckon experts June 28, 2023 Planning obstacles jeopardise the country's drive to net zero, warned the Climate Change Committee in its latest annual report.
A successor to Putin is just as likely to be an aggressor to the West if we’re not careful June 28, 2023 The Wagner Group attack over the weekend is proof that Vladimir Putin won't survive the war in Ukraine. But the West should be concerned about who could come next, writes Daniel Sleat
Vitol and Gunvor rake in Russian oil profits a year after Ukraine invasion June 27, 2023 Energy traders Vitol and Gunvor are still buying refined Russian oil, despite pledges to cut ties with Kremlin-backed suppliers.
BAE Systems and Babcock set to meet with ministers over ESG investment concerns June 27, 2023 Ministers are set to hold talks on Wednesday with the bosses of a number of major defence companies, over concerns that socially conscious investing is hurting the sector. Andrew Griffith, the economic secretary to the Treasury and James Cartlidge, defence procurement minister, will meet bosses from BAE systems, Babcock International and QinitiQ tomorrow, Sky News [...]
Bank of England’s Tenreyro warns more interest rate hikes risks pushing inflation below target June 27, 2023 A Bank of England official has said raising interest rates too aggressively could push inflation below the central bank’s target over the coming years. Departing monetary policy committee (MPC) member and professor at the London School of Economics Silvana Tenreyro today said tightening borrowing costs in an economy that is undergoing a severe external energy [...]
Windfall tax revenue set to slump 40 per cent thanks to falling oil and gas prices June 27, 2023 The sharp fall in the price of oil and gas will lead to a huge drop in revenue from the government’s windfall tax. Announced in November of last year, the energy profits levy hiked an existing tax on oil and gas profits and extended its deadline until 2028. Chancellor Jeremy Hunt estimated that it would [...]
Industry must avoid return to ‘Wild West’ with ultra-cheap deals, warns energy boss June 27, 2023 Telecom Plus - which trades as Utility Warehouse - has announced record revenues and profits for its bundled household services arm.
Even if Putin is ousted, it is unlikely to bring about the end of the war in Ukraine June 27, 2023 The Prigozhin mutiny over the weekend showed a weakened Vladimir Putin, yet it's unlikely to change the course of the war in Ukraine - which has long turned into a stalemate, writes John Hulsman
China and India fuel record high coal prices despite falling US and EU usage June 26, 2023 Coal prices climbed to record levels last year driven by rising demand across Asia, according to a new report on global energy trends.