Uk Economy

Grant Shapps says UK should be ‘leaning in’ to phasing out petrol and diesel cars because it will boost the multi-billion pound electric battery industry – despite Cabinet opposition and poll showing only one-third of Brits support 2030 ban

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Grant Shapps says UK should be ‘leaning in’ to phasing out petrol and diesel cars because it will boost the multi-billion pound electric battery industry – despite Cabinet opposition and poll showing only one-third of Brits support 2030 ban

Grant Shapps says UK should be ‘leaning in’ to phasing out petrol and diesel cars because it will boost the multi-billion pound electric battery industry – despite Cabinet opposition and poll showing only one-third of Brits support 2030 ban Energy Secretary points to recent £4bn gigafactory investment by Tata Group By Greg Heffer, Political Correspondent … Read more

Fears that Britain’s economy is stuck in a ‘low-growth trap’ after Bank of England hikes interest rates AGAIN to 15-year high of 5.25 per cent in blow to homeowners – as experts guess they could rise to 6 per cent

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Fears that Britain’s economy is stuck in a ‘low-growth trap’ after Bank of England hikes interest rates AGAIN to 15-year high of 5.25 per cent in blow to homeowners – as experts guess they could rise to 6 per cent

Chancellor Jeremy Hunt last night warned that Britain’s economy is stuck in a ‘low-growth trap’ – after the Bank of England hiked interest rates again to a 15-year high of 5.25 per cent in yet another blow to homeowners. The spike interest rates, which saw the Bank’s Monetary Policy Committee increase the base rate by … Read more

Britons determined to enjoy holidays as one third of the country plans to go abroad twice this year

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Britons are determined as ever to enjoy our holidays as one third of the country plans to go abroad twice this year despite the cost of living crisis Travel agents have said there is little government engagement with the industry Average UK adult spends at least £200 on goods and services before a holiday By … Read more

Rishi’s popularity with Tory activists slumps amid cost-of-living crisis

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Rishi’s popularity with Tory activists slumps amid cost-of-living crisis and backlash at mini-Budget… while Ben Wallace stays top Rishi Sunak has slipped down the Cabinet rankings among the Tory grass roots Regular ConservativeHome survey of readers is closely watched by ministers Defence Secretary Ben Wallace is top amid plaudits for his Ukraine response   By James … Read more

Atrato Onsite Energy investment trust to raise £150m with London IPO

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The new renewable energy investment trust that is raising £150m to become the first fund backing onsite solar power generation ROOF will primarily invest in behind-the-meter solar PV generation systems  Targets initial annual dividend of 5p per share with annual total return of 8-10% Chaired by Good Energy founder and externally managed by Atrato By … Read more

Pod Point’s London float to boost the electric car revolution 

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Charging station maker Pod Point’s London float to boost the electric car revolution By Mark Shapland For The Daily Mail Published: 16:52 EDT, 11 October 2021 | Updated: 16:55 EDT, 11 October 2021 Investors will be given the chance to back the electric vehicle revolution after Pod Point announced plans to float in London. The … Read more

Bank of England’s chief economist warns of prolonged inflation spike 

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Bank of England’s chief economist warns the ‘magnitude and duration’ of the UK’s inflation spike is ‘proving greater than expected’ amid fears of runaway price increases Bank of England’s new chief economist has issued an inflation warning to MPs Huw Pill said ‘magnitude and duration’ of spike is ‘proving greater than expected’ But Mr Pill … Read more

Energy crisis takes toll on struggling UK steel firms 

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Energy crisis takes toll on struggling steel firms with power prices four times higher than average By Francesca Washtell For The Daily Mail Published: 17:02 EDT, 30 September 2021 | Updated: 17:30 EDT, 30 September 2021 Spiralling energy prices have plunged the steel industry deeper into crisis. Companies are battling to stay afloat as they … Read more