Irritated Queen about COP26 in Glasgow: ‘I still don’t know who is coming’ October 15, 2021 The Queen has appeared to suggest she is irritated by a lack of action in tackling the climate crisis, and the monarch still has no clue who will attend the upcoming COP26 conference in Glasgow. Her remarks emerged in clips of a conversation filmed on a phone camera during a trip to Cardiff for the [...]
Tech industry jargon is full of hot air and keeps public valuations sky-high October 15, 2021 It was the presentation that cost £1.85bn. On Tuesday morning, Matt Moulding, the CEO and founder of The Hut Group, addressed his shareholders, attempting to reverse a precipitous slide in the company’s share price. It didn’t go well. Just hours after his presentation ended, the firm had lost another third of its value. The Hut [...]
UK must be willing to drop environmental standards to close trade deals, says leaked government email October 14, 2021 The government should be willing to water down its environmental standards to persuade other countries to sign trade deals, according to a leaked email circulating around the Department for International Trade. The letter, which was sent to around 120 civil servants across Whitehall this week, said the government should allow other countries to include products [...]
Chancellor plays down hope of loans to struggling businesses October 14, 2021 Chancellor Rishi Sunak has dampened yesterday’s hopes that the government will rescue struggling businesses facing soaring energy prices. Without going into specifics, he said that he believes in a market economy and that it is “not the government’s job to come in and start managing the price of every individual product.” His comments to Sky [...]
Pure Gym close to bailing out of £1.5bn London listing October 14, 2021 The UK’s largest gym chain Pure Gym is reportedly close to abandoning its £1.5bn London float. The company could decide sometime this week whether it will go ahead with the listing, Sky News’ Mark Kleinman first reported. Though the initial public offering (IPO) had not been formally announced, Pure Gym had confirmed in August that [...]
Pure Planet and Colorado Energy fall victim to gas price surge as CNG looks for bids October 13, 2021 The UK’s energy crisis has claimed two more challenger companies as Pure Planet and Colorado Energy ceased trading tonight. 250,000 Brits are now ‘orphaned’ – without a provider – while the energy regulator designates stranded customers. The historic surge in wholesale gas costs this year has driven up bills for providers and households to the [...]
Pure Planet and Colorado Energy fall victim to gas price surge – CityAM : CityAM October 13, 2021 UPDATE: BBC Newsnight has reported that CNG Energy will also cease trading after its parent company stopped supplying the firm with gas. The UK’s energy crisis has claimed two more challenger companies as Pure Planet and Colorado Energy ceased trading tonight. 250,000 Brits are now ‘orphaned’ – without a provider – while the energy regulator [...]
Met police record 17 drug crimes at Palace of Westminster in a year October 13, 2021 More than 200 crimes were recorded at the Palace of Westminster in a year, despite reduced visitors to the estate because of lockdown restrictions. Two drug dealers were arrested while 13 individuals were detained for possessing various drugs on the estate, according to a Freedom of Information (FOI) request made by The Sun newspaper. The [...]
British gas owner delays shareholder meeting as energy crisis rages on October 13, 2021 British Gas owner Centrica has postponed a shareholder meeting scheduled next month due to an “unprecedented commodity price environment.” A company spokesperson said Centrica would not have time to hold the meeting. Chief executive Chris O’Shea said, “in this current unprecedented commodity price environment we remain focused on looking after our residential and business customers, [...]
While you were asleep: Fire breaks out at London tower block in Battersea October 13, 2021 A fire raged at a block of flats in south-west London, leading to a woman and her child being taken to hospital. The blaze took hold in a flat on the 20th floor of a high-rise on Westbridge Road in Battersea. Three people left the affected flat while another 50 people left the building before [...]