PM ‘set for’ no confidence vote as soon as this week as Westminster buzzes with Boris speculation June 5, 2022 SPECULATION that the Prime Minister Boris Johnson could face a confidence vote this week has increased after polling suggested the Conservatives could lose a key by-election at the end of this month. A host of reports over the weekend suggested that more than sixty Tory MPs had submitted letters to the party’s backbench chairman, Sir [...]
RAC urges more support for drivers amid near-record petrol price spike June 5, 2022 Petrol prices rocketed over 10p last month, the second largest monthly rise on record, putting more pressure on road users.
Energy bills to close in on £3,000 per year this winter June 5, 2022 Energy bills could spike to nearly £3,000 per year in the depths of winter, when energy demand will be at its highest, warned Cornwall Insight.
North Sea oil and gas sector jeopardised by windfall tax warns Investec June 5, 2022 The windfall tax could accelerate the decline of the UK's oil and gas sector and increase the country's dependence on overseas suppliers, argued Investec.
Platinum Jubilee Reads: the best in our opinion pages on politics and the economy June 4, 2022 May was a weird month for Bitcoin – it included a price dip of 15 per cent weeks ago. Yet the cryptocurrency is not going away any time soon, and as Christian Keroles wrote at the beginning of the month, the UK should find a coherent approach to deal with it. The Chancellor could take [...]
Petrol retailers are not profiteering despite record prices at the pumps, say experts May 31, 2022 Petrol retailers are not engaging in wholesale profiteering amid record forecourt prices said industry analysts.
UK will not diverge far from EU in Brexit rules bonfire, says Treasury official May 31, 2022 The Treasury’s chief of financial services looked to play down the severity of the UK’s planned post-Brexit bonfire of financial regulation today, saying the EU’s financial rules shared the same goals and were designed in part by UK lawmakers.
Johnson and Sunak to give joint speech on post-Brexit insurance reforms May 31, 2022 Boris Johnson and Rishi Sunak are preparing to give a joint speech on planned post-Brexit reforms to the EU’s Solvency II insurance regulations. The speech will be concentrated around the UK’s opportunities post-Brexit and will come after the government’s plan to scrap a series of EU regulations on the City was announced in the Queen’s [...]
Tony Blair: Ditch the expensive ‘raincoats’ and just cut energy bills in half with mandatory green homes May 31, 2022 Free energy plans should be offered to every home in the UK to lower emissions while reducing energy bills before making them mandatory in the mid-2030s, according to a report by the Tony Blair Institute, shared with City A.M. this morning. The recommendation is one of a number of measures the report says could halve [...]
Boris Johnson’s political life getting more difficult by the hour as letters of no confidence from Tory MPs pile up fast May 31, 2022 Tory whips are said to be discussing how to fight back if rebels trigger an all-important confidence vote as letters of no confidence in prime minister Boris Johnson are piling up fast. A steady stream of Tories have backed a ballot to decide the PM’s future, or called for Mr Johnson to step down, with [...]