UK risks losing out on green energy projects under latest government auction plans March 16, 2023 The UK will miss out on vital investment in energy projects in the upcoming renewable auction this month, warned Renewable UK.
No strike? Still no service! Wednesday’s Tube walkout bleeds into Thursday as rail action cripples London commuter belt March 16, 2023 London commuters vented their anger as Wednesday’s Underground strike continued to cause disruption throughout Thursday morning. People going to work faced fresh difficulties this morning following yesterday’s industrial action by RMT and Aslef union workers, with stations closed up until 7am, as the service was regulated.. As of Thursday at midday, none of the Bakerloo, [...]
Jeremy Hunt tax hikes and weak economy to swipe £10k from Britons while wealthy reap pension rewards March 16, 2023 Britons are poised to miss out on £10,000 of income over the coming years after Chancellor Jeremy Hunt lifted taxes to their highest sustained level in history, experts have predicted. When combined with sluggish economic growth , the Institute for Fiscal Studies (IFS) has estimated that the tax take means real incomes will be at [...]
‘Wrong priority’: Labour pledges to reintroduce pensions allowance March 16, 2023 Labour says it will reverse the abolition of the lifetime pensions allowance limit, branding the move the “wrong priority”. Chancellor Jeremy Hunt announced plans to scrap the £1m tax free limit on lifetime savings in pensions in Wednesday’s budget. The move is aimed at keeping Brits – including top NHS staff – in work for [...]
John Lewis blames ‘pain of inflation’ for £234m loss and admits it will not be paying partner bonuses March 16, 2023 John Lewis Partnership has blamed shoppers feeling the “pain of inflation” and a write down in the value of its Waitrose stores for its second year of losses in a row. For the year ending January, the middle class favourite, which owns John Lewis department stores and grocery chain Waitrose, posted a loss of £234m [...]
Deliveroo shares slide as £1.9bn reported revenue fails to bolster market confidence in food delivery favourite March 16, 2023 Deliveroo shares have continued to pedal downwards this morning as investors struggle to regain confidence in the brand following its decision to slash some 350 job roles and disastrous IPO listing. It comes as the food delivery group, which has seen its share price fall consecutively over the past 12 months due to tough market [...]
Lineker row offers the BBC a chance to reflect on how it does sport March 16, 2023 National treasuredom isn’t codified. It is a status that creeps up on individuals, usually as they enter their twilight years. It does not reflect universal approbation, but certainly requires dissenters to be in a dwindling minority. Gary Lineker is clearly too divisive a figure to be considered a national treasure just yet, but the past [...]
Energy bosses urge Hunt to bring in social tariff to support vulnerable households March 16, 2023 Energy bosses have called for a social tariff to ease pressure on households facing record bills, with Hunt extending support in the Budget.
Grant Shapps backs nuclear power in net zero push March 16, 2023 Nuclear must form part of a decarbonised portfolio of energy production, argued Grant Shapps, energy and net zero secretary.
Green Day: UK to fight back against Biden’s Inflation Reduction Act March 16, 2023 The government will finally respond to the vast package of green energy subsidies and tax cuts unveiled across the pond.