Brexit: £120m festival has just 238,000 visitors after being ‘hijacked by wokeness’ September 2, 2022 A £120m festival launched to celebrate Brexit has been branded a flop after just 238,000 visitors turned up. The taxpayer-funded so-called ‘festival of Brexit’, later renamed ‘Unboxed’ was branded “beyond parody in terms of wokeness” by the former minister for leaving the EU. In a report published by House, the publication for Parliament, organisers reportedly [...]
Westminster push for North Sea fossil fuels slammed by climate groups September 2, 2022 Climate groups have criticised Westminster's latest attempts to boost oil and gas production in the North Sea.
Pace of retail footfall recovery slows in August as retailers look to autumn with ‘air of caution’ September 2, 2022 The recovery of retail footfall slowed last month as the cost of living crisis caused shoppers to steer clear of spending splurges. Although footfall at retail destinations in the UK continued to slowly climb back towards pre-Covid levels, the pace of improvement slowed, according to the latest data from the British Retail Consortium (BRC) and [...]
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 [...]
Manufacturing output sinks at fastest rate since early months of Covid pandemic September 1, 2022 Manufacturing production and new orders in the UK slumped last month, sinking at the fastest rate since since the early months of the Covid pandemic two years ago. Firms are experiencing a downturn in the sector, as manufacturers have been hit with a reversal in new orders from domestic and overseas customers. Headwinds have been [...]
Energy UK backs scheme to cut down profits from renewable generators September 1, 2022 Energy UK has called for nuclear plants and electricity generators to ditch their lucrative renewable obligation contracts.
Manufacturers urge government to table support package in face of ‘stormy waters’ September 1, 2022 The government has been urged to table a support package for the British manufacturers. Industry body Make UK has warned that rising gas and oil prices and overall inflation will “shatter” expectations of a sustaining a pandemic recovery. “We are clearly heading for very stormy waters in the face of eyewatering increases in energy costs [...]
Pound on crash course to record low against US dollar September 1, 2022 The pound is on course to plunge to a record low against the US dollar driven by the UK tumbling into a tough recession, City economists warned today. Sterling will drop to $1.05 by the middle of next year, but could fall close to parity with the greenback, according to consultancy Capital Economics. The downbeat [...]
Khan pumps fresh cash into London creatives as energy bills spiral September 1, 2022 The Mayor of London Sadiq Khan has pledged £1.2m to help creative workspaces in London to become greener and more energy efficient.
Brewdog to shut six bars as its CEO launches scathing attack on ‘zombie government’ September 1, 2022 Pub chain BrewDog will close six outlets across the UK as its CEO launched a scathing attack on the “zombie government’s” lack of support for the industry amid soaring energy costs. Its CEO and founder James Watt shared the news on a heartfelt LinkedIn post, in which he appealed to Liz Truss and Rishi Sunak [...]