Multiple activists arrested as 33,000-tonne shipment of Russian oil forced to u-turn in the Thames May 16, 2022 At least 15 people have been arrested after forcing a 33,000-tonne shipment of Russian oil to u-turn in the Thames. Greenpeace activists confronted the Greek tanker called the Andromeda late on Sunday night, climbing onto its intended docking birth at the Navigator Terminals, in Essex. While police made a series of arrests, protestors attached themselves [...]
Ofgem boss: Expect even higher energy bills this winter May 16, 2022 Energy prices will rise again in October, putting more pressure on struggling households, warned Ofgem boss Jonathan Brearley.
Trade war fears grow as Boris Johnson issues final Brexit warning to EU: If Brussels does not give in Britain ‘will act’ May 16, 2022 As Boris Johnson prepares for a visit to Northern Ireland later today, the Prime Minister has warned the EU the UK will have a “necessity to act” if the Brussels is unwilling to reach a compromise in the deepening crisis over the Northern Ireland Protocol. The Prime Minister – who travels to Belfast today for [...]
Minister criticised for saying people should ‘work more hours or move to a better paid job’ to cope with cost of living crisis May 16, 2022 The government’s safeguarding minister has come in for sharp criticism after saying people struggling with the cost of living crisis should “work more hours” or get a “better paid job.” Rachel Maclean said there were way households could “protect themselves” from rising inflation and pressures on their budgets, while appearing on Sky News this morning. [...]
Ofgem proposes price cap shake-up which could see energy bills rise four times a year May 16, 2022 Energy users could see their household bills fall faster, with Ofgem one step closer to a major revamp of the consumer price cap.
Bank of England chief Bailey set for toughest spell since taking reins from Carney May 15, 2022 Bank of England chief Andrew Bailey is this week set for one of his toughest spells since taking over from Canadian Mark Carney two years ago as head of the UK’s monetary authority. Bailey, 63, will tomorrow have to defend the Bank’s performance in taming a cost of living squeeze that risks plunging the UK [...]
Kwasi Kwarteng: ‘Entirely reasonable’ for Prime Minister to be distracted by cheese while working from home May 15, 2022 The business secretary has defended Boris Johnson’s remarks that he is distracted by making coffee and “hacking off” cheese when working from home. In an interview with the Daily Mail, the Prime Minister said his experience of remote working involved a lot of time making coffee, walking to the fridge and “forgetting” the task at [...]
Boots US owner Walgreens takes out $5.3bn in dividends from UK arm as sales deadline looms May 15, 2022 Boots’ US owner has withdrawn over $5.3bn of dividends from its UK holding firms, even though it received hundreds of millions of pounds of government pandemic support cash. The high street chemist’s UK-based parent company, Superior Holdings, coughed up $4.1bn in dividends to Walgreens last year, in addition to paying out a $909.6m dividend the [...]
Premier League consults top clubs over debt-fuelled takeovers May 14, 2022 The Premier League is weighing up a formal ban on debt-fuelled club takeovers as football gears up for an industry overhaul. As first reported by Mark Kleinman for Sky News, Premier League execs are in discussions with the top twenty teams about the change in ownership rules and leveraged buyouts. The consultation process is expected [...]
Government confirms BBC licence fee exemption and UK-wide big screens for Platinum Jubilee May 14, 2022 The government has confirmed that big screens will be set up outdoors in London, Edinburgh and Cardiff so that people can come together to celebrate The Queen’s Platinum Jubilee next month.