Oil round up: G7 stops short of unveiling mooted oil price cap while OPEC revels in rising revenues June 28, 2022 The G7 has stopped short of banning the transport of Russian oil above a certain price, and will instead just explore the option.
Windfall tax is a ‘fiscal shock’ to the oil and gas sector, warns industry body in letter to Chancellor June 28, 2022 One of the UK's leading energy bodies has sent a letter to the Chancellor Rishi Sunak, warning the new windfall tax will harm the country's investment climate.
Gambling reform: Free bets ban could push a third of Brits to the black market June 28, 2022 A ban on ‘free bets’ would push almost a third of punters to the black market while sucking millions out of horse racing, new data released today shows.
‘War crime’: NATO to up troop numbers as shopping mall blaze branded ‘one of most brazen terror attacks in European history’ June 28, 2022 NATO is set to increase troop numbers by up to 300,000, as Russia’s missile strike on a Ukrainian shopping mall has been branded “one of the most brazen terrorist attacks in European history” by Ukraine’s president. Vlodymyr Zelensky condemned the “calculated hit” against a shopping centre with 1,000 people inside, in the city of Kremenchuk [...]
Exclusive: Poor connectivity costs UK firms £18bn a year June 28, 2022 British SMEs are losing £18.77bn a year because of poor connectivity, costing the UK economy, an estimated loss of £7.7bn every year. The research, conducted by Three UK, YouGov and Development Economics, found that micro-businesses and small to medium sized firms, who provide their employees with work phones, are losing out on an average of one hour of [...]
Only one in six youngsters flag online harms as UK pushes forward with landmark safety bill June 27, 2022 New research has found just one in six young people flag harmful content online.
New internet law hands govt ‘unprecedented’ censorship powers that will curb free speech, think tank warns June 27, 2022 The Government is facing calls to “slim down” its new Online Safety Bill, which is currently making its way through Parliament, amid concerns over its impact on people’s freedoms and privacy, as well as innovation. The new internet legislation will hand ministers “unprecedented” censorship powers, with significant implications for free speech, new research warns. The [...]
Negotiation has failed: the defence Keir should have made for rail strikes June 27, 2022 The rail strikes have finished, for the moment, and we can return to normal after the disruption. But we are promised a “summer of discontent”, with teachers and barristers next up to withdraw their labour. Disruption in public-facing services seems to be emerging as 2022’s leitmotif. The government responded to the transport strike by simultaneously [...]
Taking one for the team: Tory chair Oliver Dowden resigns after humiliated Conservatives are crushed in two by-elections June 24, 2022 Following the news the Conservative Party lost two by-elections overnight, Oliver Dowden just resigned as Tory chairman, writing in a letter to Prime Minister Boris Johnson that “someone must take responsibility”. In Tiverton and Honiton the Liberal Democrats overturned a 24,000 Tory majority to win, while Labour reclaimed Wakefield. The contests, triggered by the resignation [...]
Global TMT deals hit record high thanks to big hitting M&A moves June 23, 2022 Tech, media and telecom M&A rocketed in the last year thanks to big hitting deals like Microsoft’s $68bn acquisition of Call of Duty maker Activision Blizzard.