Shell boss warns cutting oil and gas production would be ‘dangerous’ July 6, 2023 The boss of Shell has warned that slashing oil and gas production now would be “dangerous and irresponsible."
Online watchdog urges government to protect youngsters in crypto regulation plans July 5, 2023 A digital watchdog is urging regulators to ensure children and young people aren’t left vulnerable to crypto scams and investment risks.
ULEZ expansion will push building businesses over the brink, warns industry boss July 4, 2023 The boss of the British Merchants Federation (BMF) has warned that outer London building businesses hit by ULEZ charges could face closure or move if the 29 August expansion goes ahead as planned. John Newcomb, chief executive of the trade association BMF, told City A.M.: “My biggest concern is that you would see closure of [...]
Clearpay jobs at risk as BNPL firm winds down EU business June 28, 2023 Buy-now pay-later giant Clearpay is shutting down its EU operations and could lay off all its European staff, City A.M. can reveal.
Supermarkets behaving badly: Asda and Morrisons bosses back ‘transparent’ fuel pricing model June 27, 2023 Supermarkets bosses have been grilled by MPs on prices at the pump and agreed to consider entering into a fuel model which would give more transparency. The government has been mulling a scheme whereby petrol stations would have to share live prices in efforts to bring more price transparency for drivers – a similar system [...]
Braverman needs to deal in reality and green light drugs testing at UK festivals June 27, 2023 The lack of on-site drug testing at festivals this summer could have harmful consequences. It's part of a broader problem: the Home Office's "war on drugs" rhetoric is unrealistic, writes Elena Siniscalco
Rich Brits only group to pocket disposable income rise as inflation chokes poorest families’ finances June 26, 2023 The richest households in the UK are the only group to have undergone a living standards improvement over the last year, while poorer families are being whacked by sky high energy and food bills, according to research out today. Top earners in Britain have seen their post-bill weekly income increase 2.1 per cent over the [...]
Onshore wind is not just about net zero, it’s a vote winner June 26, 2023 Onshore wind is not just about going green, it's a vote winner that could ease bills and liberalise planning for housing and transport.
Bank of England hikes interest rates by 50 points to five per cent after inflation shock June 22, 2023 The Bank of England today reverted to steeper interest rate rises in a sign that embattled Governor Andrew Bailey and co have been spooked by much tougher than feared inflation. Bailey and the rest of the monetary policy committee (MPC) – the nine-strong group who set official interest rates in Britain – backed a 50 [...]
Government accuses peers of seeking to delay controversial strike reforms June 21, 2023 The government has accused peers of trying to delay controversial strike reforms that unions fear will make it easier to sack workers. The House of Lords had made a series of amendments to the Strikes (Minimum Service Levels) Bill aimed at protecting workers and trade unions, plus requiring the government to consult further on the [...]