Scotland has been dealt an “economic and environmental” blow after a flagship carbon capture project was sidelined by the UK government, a billionaire businessman has said.
The prices of supermarkets’ own-branded bleaches and washing up liquids are set to rise after one of the country’s leading suppliers warned that it was being hit hard by rising costs.
Britons face new taxes or reduced public spending to pay for the country’s rapid transition to net zero, the Treasury warned yesterday, as splits emerged at the top of government over the costs of decarbonisation.
Some large UK businesses will have to start disclosing their environmental impact, under new rules set to be brought in by the Treasury.
Foreign investment deals in low-carbon sectors in the UK to be announced on Tuesday will create about 30,000 jobs, the government has said.
More than a third of UK music industry workers lost their jobs last year – 69,000 in total – as venues closed, festivals were scrapped, tours ground to a halt and the pandemic wiped billions off the value of the sector.
Boris Johnson has announced almost £10 billion of overseas investment in Britain before a global summit in an attempt to trump Emmanuel Macron’s efforts to lure businesses to France.
The nightclub industry has become the latest to be hit in the UK’s supply crisis – with bosses calling for urgent government action due to a shortage of bouncers.
British start-ups have raised more than $30 billion so far this year after funding rounds by the likes of Revolut and Hopin.
Five hundred automotive jobs will be saved on Merseyside after Ford chose Halewood to be a key part of electric carmaker in Europe by 2030.