Rishi Sunak’s Autumn Budget: A quick overview of what has been announced October 27, 2021 Downing in numbers and announcements? No worries, here are the main points from Chancellor Rishi Sunak’s Budget. – The Budget is focused on the “post-Covid” era, according to the Chancellor, and will pave the way for the “Prime Minister’s economy of higher wages, higher skills, and rising productivity”. – Independent forecaster the Office for Budget [...]
Budget 2021: Sunak commits £46bn to railways October 27, 2021 Chancellor Rishi Sunak has announced a further £46bn on rail investment at this year’s Budget. The money is focused predominantly on boosting connectivity across the country. The Autumn Budget and Spending Review includes £35bn directly for railway connectivity over the next three years. It is also committing £5.7bn over five years in eight city regions [...]
Budget 2021: Government invests in road and railway, as APD for domestic flights goes down October 27, 2021 In his Autumn Budget speech, Chancellor Rishi Sunak has set out the funding for the transport sector, focusing on road and rail improvements as well as lowering air passenger duty (APD) taxes on domestic flights. To level up the country’s “uneven economic geography”, the Chancellor is allocating £130bn for infrastructure investments such as road, railway [...]
How’s vaccine inequality driving up global inflation? October 27, 2021 As the more highly vaccinated countries roll out Covid booster shots, other parts of the world are still struggling to get their first jab. The vaccine divide is more apparent in the emerging markets (EM). World organisations have voiced their concerns over “vaccine nationalism” whereby vaccine-exporting countries prioritise supply first for their own populations before [...]
London transport hit by ‘aggressive’ marketing ‘assault’ from crypto meme coin Floki October 27, 2021 A digital token named after Elon Musk’s new dog, Floki, has rolled out hundreds of adverts in the capital in what it’s called “a full-out assault of the London public transportation system,” raising questions as to who is responsible for high-risk investments being advertised so widely. Floki Inu coin is one of many dog “meme” [...]
How Fiat will get Minimized or Replaced Leading to Evolutionized Forms of Government October 26, 2021 Modern society runs on databases that are run by TTPs (Trusted Third Parties). TTPs decide, in practice, your rights, from trivial to important such as whether your hotel airline reservation is cancelled, if you can only wire a limited amount to your crypto-exchange, that you are not allowed to use AirBNB and if you are [...]
London crowned the most dangerous city for UK cyclists October 26, 2021 London is the UK’s most dangerous city for cyclists, reported a study by personal injury experts Boyes Turner Claims. Bristol and Hull come in second and third place, reporting 1,301 and 1,243 incidents since 2016. Using data from the Department for Transport, the research revealed that over the last five years, 11,560 incidents involving cyclists [...]
Plug-in hybrid vehicles no longer exempt from C-Charge discount October 26, 2021 Drivers of plug-in hybrid vehicles are no longer exempt from paying the £15 daily Congestion Charge, reported MSN. From yesterday only 100 per cent net-zero cars qualify fo the discount, while before all hybrid vehicles that emitted no more than 75g/km of CO2 could get the exemption, the news site added. The Congestion Charge was [...]
Half of all Londoners say working from home is damaging the capital’s businesses October 26, 2021 Over half of London office workers would be prepared to work from home less in order to help struggling businesses recover from the impact of the pandemic, according to new research, shared with City A.M. today. In fact, over three quarters (76 per cent) of the capital’s office workers felt that it was important to [...]
Drift to office slows as workers put off by Covid concerns October 26, 2021 A return to the office has appeared to have stalled as London’s office hubs marked a drop in footfall last week. Retail experts Springboard found that footfall declined by 4.2 per cent in areas in central London dominated by offices in the week beginning October 17. The ‘Back to the Office’ benchmark metric suggests that [...]