Shelling Out: Shell confirms bumper pay-outs to shareholders September 5, 2022 Shell has confirmed shareholders will be able to take dividends in euros and pounds, alongside dollars, after its massive Q2 performance.
Brewdog boss calls for emergency tax relief as pubs stare down ‘existential threat’ of high bills September 5, 2022 Brewdog CEO James Watt has called for emergency tax relief for the hospitality industry as pubs battle the “genuinely existential threat” of rising energy bills. Last week, the Scottish brewer and bar group announced it would be closing six outlets across the UK, including three in London, due to elevated headwinds. The situation facing pubs [...]
Please, end the political pass the parcel and build up our energy infrastructure September 5, 2022 Today the Conservative Party announces its new leader, drawing the curtain down on three years of Boris Johnson’s inimitable premiership. It is the third internal change of leader in six years, and we might hope as a nation that we are now given a little respite. Choosing a lowlight of the campaign is not easy. [...]
Britain is being failed by a lumbering digital state September 5, 2022 If you’re struggling to heat your home, how would you feel if you just missed out on £1,467 because of a computer glitch? In May this year, Rishi Sunak was blocked from raising benefits in line with inflation. The culprit? A 40-year-old IT system unable to process more than one benefit rise a year. Ineffective [...]
UK parliament resumes with overflowing in-tray for the government September 4, 2022 Parliament will return tomorrow from a six-week summer recess with the government facing a series of crises and a busy legislative agenda. Liz Truss or Rishi Sunak will be sworn in as Prime Minister on Tuesday, after tomorrow’s Tory leadership announcement, with the eventual winner expected to bring forward a cost of living support package [...]
Senior Tory David Davis urges Truss to not pack cabinet only with loyalists September 4, 2022 Liz Truss must install a cabinet of people from across her party’s factions to avoid Boris Johnson’s mistakes in office, senior Tory MP David Davis has said. The former Conservative cabinet minister said he was “slightly worried” the presumptive next PM will not reunite the party after a bruising leadership contest and will instead pack [...]
Truss promises immediate help with energy bills September 4, 2022 Liz Truss has promised to provide immediate help with soaring energy bills if she is made Prime Minister in the coming days. The leadership favourite, who is expected to be announced as Tory party leader and Prime Minister tomorrow, said today that “we face serious, serious challenges which will take immediate action from the government”. [...]
As our economy is squeezed from all sides, profit must not be a dirty word September 2, 2022 Over the last few weeks of the leadership election, we’re in danger of making profit a dirty word, as a myriad of problems threaten to engulf us. Recent figures have suggested the UK is headed for a chilling contraction; it is clear just how dangerous it would be if we failed to get growth back [...]
Tax cuts are not enough to help the small businesses facing crippling energy bills September 2, 2022 Households facing soaring energy bills have rightly been front and centre of the political conversation. But, as both candidates to become prime minister have pointed out, ultimately our prosperity depends on economic growth. And it’s through prosperity that the government acquires the ability to finance public services and support families in need. And, with GDP [...]
Johnson pledges £700m for Sizewell C nuclear power plant September 1, 2022 Boris Johnson has promised fresh funding for the Sizewell C nuclear power project to boost domestic energy generation.