Starmer calls windfall tax ‘inevitable’ as Tories show signs of wobbling over the levy May 18, 2022 Internal government polling has found support for a windfall tax on the profits of energy firms is “wildly” popular..
Britain not ‘scrapping’ the Northern Ireland protocol, but ‘fixing’ it, says foreign secretary May 18, 2022 Foreign secretary Liz Truss has insisted the UK is not looking to scrap the Northern Ireland protocol, but is looking to fix the agreement which “isn’t working” in wake of the Brexit vote. The cabinet member told Sky News this morning there needed to be “sensible pragmatic changes” to it, with a stalemate over trade [...]
Liz Truss plays down calls for windfall tax May 18, 2022 Foreign secretary Liz Truss has played down calls for a windfall tax on energy firms, saying “we need to attract investment”, and a tax would be a deterrent. Speaking on Sky News this morning, she appeared to be at odds with calls made by the Chancellor Rishi Sunak yesterday, who said nothing was off the [...]
Uber’s Jamie Heywood steps down as Northern Europe regional manager May 17, 2022 Uber’s Jamie Heywood announced he was stepping down as the company’s regional general manager for Northern Europe after four years in the job. Heywood said he would leave the company next month to work on a book project, according to a memo seen by Sky News. The executive added that he was leaving Uber’s UK [...]
California can stop punters looking to the Sky in handicap puzzle May 17, 2022 PUNTERS and form-book students are faced with a real ‘head-scratcher’ in the Class Three Ma Wan Handicap (3.15pm) over the extended mile. With the two in-form ‘Packing’ gallopers, Award and Famous, lining up, and last start winners Nothing New and Viva Hunter in opposition, this has the makings of a classic Happy Valley handicap, with [...]
The City View: Michael Hewson on problematic consumer spending growth May 17, 2022 Today Andy Silvester talks to Michael Hewson, Chief Market Analyst at CMC Markets. They unpick the latest wage and labour figures, analyse Bank of England governor Andrew Bailey’s comments at the Treasury select committee, go through inflation predictions for 2022, and discuss why current consumer spending growth in the US and UK will be problematic [...]
Morrisons owner CD&R eyes £2.5bn takeovers of facilities management titans May 17, 2022 Morrison private equity owner is reportedly planning to snap up and merge two facilities management firms. Clayton Dubilier & Rice (CD&R) is in discussions to buy significant stakes in Atalian Servest and OCS, Sky News reported. Last year, the New York-based private equity firm clinched a £7bn deal to takeover the grocer Morrisons. The deals [...]
Cazoo’s boss Chesterman buys $1m worth of shares following price slump May 16, 2022 Cazoo’s chief executive Alex Chesterman bought $1m worth of company shares last week after the online automotive retailer’s price slumped. Following the purchase, Chesterman’s stake in the company has gone up to over 23 per cent to more than $250m, Sky News first reported. “Whilst the current macroeconomic climate has driven heightened fear in the [...]
Fresh doubt over Chelsea takeover amid issues with deal’s terms May 16, 2022 Fresh doubt has been cast over the multibillion-pound takeover of Premier League outfit Chelsea with a new licence yet to be agreed. Government officials are said to have doubts over the reissuing of a licence which expires at the end of the month. The football club have been placed under such a licence following the [...]
Blackpool forward Jake Daniels, 17, becomes first current UK male footballer to come out as gay May 16, 2022 Blackpool forward Jake Daniels has become the first current UK male professional footballer to come out as gay. The 17-year-old, who made his senior debut in the Championship this month, told Sky Sports: “I told my mum and my sister. The day after we played Accrington and I scored four, so it just shows how [...]