All the updated news related to department of business

All the news related to department of business updated in real time

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Construction firms offered cybersecurity advice in new safety scheme

Construction firms working together on major building projects such as high-speed railway HS2 are being offered first-of-its-kind security advice from the cybersecurity industry and government on how to better protect themselves from cyber attacks. ...

23 Aug 2022 at 13:03

One in 12 businesses default on Covid loans, figures show

Banks ask Government to pay £1 in every £9 for Covid loans

Around one in 12 businesses have defaulted on the Government-backed loans they took during the pandemic. The Department for Business, Energy and Industrial Strategy revealed on Thursday that £414 million has so far been paid out to cover loans ...

28 Jul 2022 at 16:08

Government ‘monitoring’ UK-linked space launch using Russian rockets

No 10 said it is “monitoring” the situation surrounding a Russian-linked satellite launch by a digital company which the UK Government has shares in. It comes after a senior MP questioned whether OneWeb’s collaboration with the Russian space ...

02 Mar 2022 at 18:55

Universities should not carry out ‘blanket academic boycotts’ of Russia

Universities should not carry out blanket boycotts of Russian academics over the invasion of Ukraine, a leading sector body has said. Universities UK (UUK), which represents 140 universities across the United Kingdom, said in a statement on ...

03 Mar 2022 at 16:25

UK Government-backed OneWeb suspends satellite launch at Russian-run spaceport

A satellite launch by a communications firm with UK Government backing will not go ahead after the company’s board suspended use of a Russian-operated spaceport. OneWeb was due on Friday to launch 36 broadband satellites in Kazakhstan, in ...

03 Mar 2022 at 13:25

Ministers warned of ‘millions’ of winter power cuts and rationed supply – report

Ministers have reportedly been warned of potential power cuts to as many as six million households this winter, with the Government drawing up plans for rationed electricity if supply issues deteriorate. According to The Times, ...

30 May 2022 at 08:59

New record diesel price as retailers accused of hiking profits after duty cut

Diesel prices have hit a new high amid claims retailers hiked profits following the 5p per litre fuel duty cut. Figures from the Department for Business, Energy and Industrial Strategy show the average price of a litre of ...

17 May 2022 at 11:25

Fuel giants urged to pass on tax savings as diesel price hits record high

Fuel giants are under fresh pressure from Downing Street to pass on tax cuts to motorists as diesel prices hit a new high. Business Secretary Kwasi Kwarteng will write to the industry “to remind them of their ...

17 May 2022 at 14:55

Government announces £375m package to support new energy strategy

A multimillion-pound package has been announced to help support the “bold plans” of the Government’s new energy strategy. Business and Energy Secretary Kwasi Kwarteng said the £375 million investment will ...

08 Apr 2022 at 01:25

Labour proposes tax cut for businesses in ’emergency’ support package

Labour has proposed a package of “emergency” measures – including an immediate tax cut – to help ease the burden of rising costs on businesses. The party claims that, under its plans, a typical small ...

02 Apr 2022 at 23:25

Energy strategy will do little to alleviate soaring bills now, minister admits

Ministers have admitted the much-delayed energy strategy will do little to help alleviate soaring fuel bills now, as they outlined plans to boost nuclear, wind, solar and hydrogen. The strategy is ...

07 Apr 2022 at 11:55

PM promises to take back control of energy costs in long-awaited strategy

The Government has promised to take back control of energy prices with its long-awaited energy strategy which aims to make 95% of electricity low carbon by 2030. Ministers are promising “cleaner ...

06 Apr 2022 at 23:55

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