Union calls for end to rail profit as worries of hiking annual fares mount August 1, 2022 The union TSSA has called for a new financial settlement for rail as worries of hiking annual fares mount. TSSA’s general secretary Manuel Cortes said commuters have been “clobbered by above inflation fare rises,” while private rail operators “laughed all the way to the bank.” “We need our railways to be fully in public hands [...]
Octopus joins forces with EWT to boost onshore wind turbines across the UK August 1, 2022 Octopus Energy Generation has teamed up with turbine manufacturer EWT to repower up to 1,000 existing onshore wind turbines.
Businesses’ needs forgotten as Truss and Sunak up anti-immigration rhetoric August 1, 2022 As ballots start to land on the doormats of Conservative party members this morning, Liz Truss and Rishi Sunak have entered into what has been branded an “arms race” to tackle illegal migration. Both are playing a game of one-up-manship on who will limit the most people coming into the UK across the Channel. The [...]
Sky-high inflation slows UK private sector economy to ‘standstill’ August 1, 2022 Consumers reacting to scaling prices by cutting spending is expected to grind the UK economy to a halt, new surveys published today revealed. Private sector firms think they will squeeze out zero growth over the next three months, according to the Confederation of British Industry (CBI), the country’s largest business lobby group. Businesses are beginning [...]
UK lags behind EU rivals in easing burden of fuel prices August 1, 2022 The UK lags behind many of its EU rivals when it comes to easing the burden of high fuel prices. Data released today by motoring group RAC has shown that – among the EU countries that have cut petrol taxes since March – only Luxembourg and Croatia have done less for drivers than Britain. The [...]
UK government must wake up to clinical research slowdown, industry body warns July 31, 2022 A slowdown in clinical research could hold Britain back in its bid to become a life sciences superpower, an industry body has warned. In a letter to Rishi Sunak and Liz Truss, the Association of the British Pharmaceutical Industry (ABPI) said “alarm bells” should be ringing across the government, the Sunday Telegraph reported. The letter [...]
Sunak’s pledge to fine NHS no-shows slammed by British Medical Association July 31, 2022 The British Medical Association (BMA) has today hit back at Rishi Sunak’s pledge to issue £10 fines to patients for missed GP appointments. The trade association said charging patients was not the answer to tackling the NHS backlog, and that it is “terribly disappointing that the candidates standing to be the next prime minister seem [...]
Chancellor resumes efforts to woo Arm away from Nasdaq listing July 31, 2022 Chancellor Nadhim Zahawi has resumed the UK Government’s efforts to woo Cambridge-based chip maker Arm away from a New York listing and back to London. Zahawi – who was appointed Chancellor following Rishi Sunak’s resignation in early July – has reportedly contacted Masayoshi Son, chief executive of Arm’s parent company SoftBank. SoftBank was in talks [...]
Severing business ties with China risks weighing on UK economy, says CBI boss July 30, 2022 Severing ties with Chinese business risks weighing on the UK’s cost of living crisis, the boss of the Confederation of British Industry (CBI) has cautioned today. Worsening relations between Beijing and the West has piled scrutiny onto Chinese businesses and investments, including the move in 2020 to remove Shenzhen-based Huawei from UK 5G infrastructure, and [...]
Sunak’s green belt ban is a plea to Tory members but will fall flat at an election July 29, 2022 YOU would be forgiven for thinking Rishi Sunak woke up yesterday morning and decided to troll young Londoners. The former Chancellor of the Exchequer has struggled to build momentum behind him since taking the lead in the first series of votes to pick the Tory leader. Where he surged ahead to win the support of [...]