Centrica heads back to court to challenge government over Octopus’ Bulb takeover February 26, 2023 British Gas owner Centrica is set to lock horns with the government in court over its handling of Bulb's sale to rival Octopus.
Priti Patel calls on Jeremy Hunt to stop planned corporation tax rise February 25, 2023 Former home secretary Priti Patel has urged the Chancellor to use his Budget next month to halt the planned corporation tax rise. The senior Conservative has argued that “now is not the time” for an increase in the tax on big business. In plans agreed while she served in Boris Johnson’s cabinet, corporation tax is [...]
Childcare rules on Universal Credit are keeping single parents out of work February 24, 2023 If Rishi Sunak wants a balanced budget to put life back into Britain’s workforce, he needs to help single mothers on welfare back to work.
Boris Johnson urges government to send jets to Ukraine ahead of invasion anniversary February 23, 2023 Boris Johnson has urged the UK government to send jets to Ukraine ahead of the one-year anniversary of the invasion by Russia. Speaking in an interview with Sky News, the ex-Prime Minister called on the UK to “break the ice” and become the first nation to supply Volodymyr Zelensky with his “wings for freedom”. On [...]
The Notebook: Victoria Scholar on a wave of bank results, Elon Musk, and a holiday read February 22, 2023 The Notebook is where interesting people say interesting things. Today it’s Victoria Scholar, head of investment at interactive investor, on bank results, Elon Musk and an unputdownable holiday read Bank on it? With UK banks currently reporting earnings, key themes so far have been rising interest rates, growing credit loss provisions, share buybacks, volatile financial [...]
Last orders? Pubs ‘won’t stay afloat’ without energy bill help in Spring Budget, hospitality bosses warn February 22, 2023 The hospitality sector has urged that many businesses “wont stay afloat” if the government does not look to provide extra support with soaring energy bills in its upcoming spring budget. “The steep increase in utility costs is having a significant impact on our business, it’s now one of the largest cost to manage,” Simon King [...]
UK risks falling behind US and EU in green energy race, warn MPs February 22, 2023 MPs are piling pressure on the government to compete with rival markets for green energy investment, such as the US and EU.
Energy providers demand government incentives to stop UK providers losing out on green projects February 20, 2023 The energy sector is ramping up pressure on the government to bolster the investment climate for green projects.
Tech sector needs a ‘shot in the arm’ to make UK’s Silicon Valley dreams come true, industry says February 20, 2023 Britain’s ambition to create its own Silicon Valley is achievable but only if the government implements a long-term strategy to boost domestic and foreign confidence in the country’s tech sector, industry experts have warned. Last month, business secretary Grant Shapps set out plans to create a “Silicon Valley with a British edge”. Trade association techUK [...]
House prices rose just £14 last month as Bank of England rate hikes chill demand February 20, 2023 UK house prices rose by just £14 last month indicating possible buyers are turning their noses up at sellers slapping huge tickets on their homes, new figures out today reveal. The average asking price for a home in the UK came in at £362,452, making last month’s increase the smallest between January and February since [...]