Brits’ energy bills to hit £4,000 by January as gas prices spiral out of control August 7, 2022 The average energy bill is set to climb to nearly £4,000 a year from January as gas prices continue to push upwards, new analysis has shown. Energy consultancy Auxilione warned that the Government’s price cap, which sets bills for more than 20 million households in Great Britain, could be increased further than previously expected. It [...]
Bullet Train review: new Brad Pitt vehicle derails August 5, 2022 Original movies have made a small comeback in 2022. While the big money still lies with sequels and reboots, films like The Lost City, The Bad Guys, and Everything Everywhere All At Once have found an audience despite not being based on any pre-existing franchise. Hoping to continue that momentum is Bullet Train, David Leitch’s [...]
UK inflation to surge above 15 per cent, more than seven times Bank of England target August 4, 2022 The Bank of England faces the grim prospect of overseeing the largest inflation surge in recent memory, with prices rising more than seven times faster than its target, a top think tank warned today. A sustained surge in energy costs triggered by Russia’s invasion of Ukraine and a sudden burst in demand after the Covid-19 [...]
Evraz profits plunge 99.5 per cent as sanctions hit August 4, 2022 Russian steel giant Evraz saw its profits fall by 99.5 per cent in the first half of the year after sanctions were slapped on the firm in May and demand for its products dried up.
G7 weighs up proposals to block transport of Russian oil supplies August 2, 2022 The G7 is considering plans to block the transporting of Russian oil unless it heeds a price cap, amid a supply crunch in Europe.
Ultra-high energy bills are here to stay, warns Cornwall Insight August 2, 2022 Household energy bills will remain historically elevated into 2024, revealed Cornwall Insight, meaning Brits will be under sustained pressure.
Even as we turn inwards to shore up security, globalisation is still alive August 2, 2022 Ten years ago, it would have been hard to imagine an end to the all-conquering forces of globalisation. Our world has been on a one-way ticket to integration since the mid-20th century – and it has shown little sign of return. Yet with the dual shocks of Covid-19 and the invasion of Ukraine revealing the [...]
Ditching net zero is a colossal act of self-harm for our economy and global vision August 2, 2022 Amidst the politicking that inevitably surrounds any leadership race, a handful of Conservative MPs have demanded a review of our commitment to achieve net zero greenhouse gas emissions by 2050. These calls betray a fundamental misunderstanding of the wider benefits of decarbonisation to UK interests and the global momentum towards net zero. More than 130 [...]
UK launches register of overseas property owners in clampdown on ‘corrupt elites’ August 1, 2022 Individuals that own UK properties via chains of “secretive” shell companies will from today be forced to reveal their true identities, after the UK government launched a new register of UK property owners today. The first-of-its-kind register will require those seeking to buy or own UK property via offshore entities to list the identities of [...]
‘A day of relief for the world’ as first grain ship leaves Ukraine port after Russia deal signed August 1, 2022 A ship carrying grain has left the Ukrainian port of Odessa under a new deal with Russia, in what officials have called “a day of relief for the world”. The vessel left Ukraine’s Black Sea port en route to Lebanon, in wake of a deal facilitated by Turkey to allow safe passage for ships. This [...]