Exclusive: Industry body urges Tory leadership contenders to back fracking July 28, 2022 The UK's leading onshore energy body has called on the two Tory leadership contenders to lift the moratorium on fracking.
British Gas owner Centrica restores dividend amid massive profits from soaring oil and gas prices July 28, 2022 Centrica has restored its dividend, with the energy giant enjoying a post-pandemic rebound, powered by soaring oil and gas prices.
Court security guards call off strike after OCS offers pay deal July 28, 2022 Court security guards have called off plans to strike after outsourcing firm OCS offered to up their pay by up to 8.3 per cent and hand over a raft of other benefits. Workers employed by Crawley contractor OCS on the Her Majesty’s Courts and Tribunal Services (HMCTS) contract have suspended plans to strike while they [...]
Labour shadow transport minister defies party and joins striking train workers July 27, 2022 Labour’s shadow minister for buses and local transport has defied Keir Starmer’s orders not to join picket lines for striking workers. Sam Tarry justified his decision speaking on Good Morning Britain this morning, saying: “If we don’t make a stand today, people’s lives could be lost.” This comes after Labour leader Sir Keir Starmer, who [...]
Rishi Sunak under fire for ‘flip-flopping’ on tax after promising to cut VAT on energy bills July 27, 2022 Tory leadership hopeful Rishi Sunak has been accused of “flip-flopping” on tax after pledging to cut VAT on energy bills and interrupting his rival Liz Truss in two debates in recent days. It came after the Tory leadership hopeful unveiled plans to remove VAT from domestic energy bills for a year if the price cap [...]
Parsley Box Group expects loss as it invests in new products to help with cost of living crisis July 27, 2022 Meal delivery service Parsley Box Group had a dip in revenue and order numbers, as it invested in new products to attract customers amid the cost of living crisis. The company had a drop in income from the previous year, down to £9.6m from 14m, while its new customer revenue was under £1m, from £3m [...]
Marston’s: No ‘discernible change’ to pub chain sales amid cost of living crunch yet July 27, 2022 Marston’s has said there has been no dramatic change in punter sales at the pub chain since the cost of living crisis. In a trading update for the 42 weeks to 23 July 2022, the pub chain acknowledged sales were two per cent below 2019 levels. However, the pub chain put this down to the [...]
Long Covid-19 deals £1.5bn blow to workers, IFS finds July 27, 2022 Britons suffering from long Covid-19 are missing out on £1.5bn in earnings as a result of being too ill to work, a new study published today reveals. Some 110,000 workers are missing from work because they are on sick leave with lingering symptoms of the virus, according to the Institute for Fiscal Studies (IFS). Each [...]
FCA reveals major consumer regulation shake-up but delays deadlines after industry protest July 27, 2022 The UK’s top financial watchdog has revealed its plans to tighten protections for consumers today in the biggest package of regulatory reforms to hit the City in a decade.
Brits turn to criminality as living costs skyrocket: 15 people added to insurance fraud register every day July 26, 2022 Around 15 people are being added to an insurance fraud register every day amid concerns that more could be tempted into criminality as living costs rise. The Insurance Fraud Bureau (IFB) said it has seen a 17 per cent increase in people being added to the Insurance Fraud Register (IFR). The IFR is a national [...]