The government has announced plans to introduce a cap on wholesale energy bills for businesses. The Energy Bill Relief Scheme will see wholesale energy prices for all firms capped for six months from 1 October. Hospitals, schools and other settings ...
Wales has moved a step closer to becoming the first country in the UK to ban thin plastic single-use carrier bags, with anyone caught supplying them facing prosecution in a magistrates court and a fine. Flimsy plastic bags are included ...
Joe Biden will tell Liz Truss she must work with the EU to find a negotiated outcome to solve post-Brexit tensions over the Northern Ireland Protocol, the White House has said. The US president and the Prime Minister will hold ...
HMRC raised £2.9 billion in inheritance tax receipts between April and the end of August 2022, according to new figures released today. This is a £300 million increase from the same period the year before. Under UK law, inheritance tax ...
LONDON/WASHINGTON – On May 11, Scott Odell, an analyst at British crypto lender Blockchain.com, instant messaged Edward Zhao of Three Arrows Capital asking that the Singapore hedge fund repay at least part of a $270 million loan. Three Arrows had just taken ...
LONDON – Europe‘s problems in sourcing oil and gas this winter after a dispute with Russia may be exacerbated by a new crisis in the market where prices are already red-hot: a liquidity crunch that could send them spiraling higher still. But European governments have only belatedly rallied to offer ...
A US Navy warship and a Canadian frigate made a routine transit through the Taiwan Strait on Tuesday, the militaries of both nations said, at a time of heightened military tension between Beijing and Taipei. The transit was the second in a month by a US Navy ship, and ...
TOKYO – A man set himself on fire near the Japanese prime minister’s office on Wednesday in an apparent protest at the government’s decision to hold a state funeral for former premier Shinzo Abe, who was assassinated earlier this year, media reported. The man was taken to hospital suffering burns to his entire body, while a police officer who tried ...
KYIV/UNITED NATIONS – World leaders meeting at the United Nations in New York denounced Russia‘s invasion of Ukraine, as Moscow-installed leaders in occupied areas of four Ukrainian regions announced plans to hold referendums on joining Russia in coming days. In the apparently coordinated move, pro-Russian figures announced referendums for Sept. 23-27 in Luhansk, Donetsk, Kherson and ...
New research has shed further light onto the cost of doing business emergency unfolding for the UK’s small and medium sized businesses as they fight for survival. Findings from the latest SME Confidence Tracker survey, which explores the views of ...