All the updated news related to industrial strategy

All the news related to industrial strategy updated in real time

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Bulb boss still being paid £250,000 a year despite collapse, MPs told

The boss of bailed-out energy supplier Bulb is still being paid the same £250,000 salary that he was collecting before the business went into administration. Hayden Wood, who set up the company, was asked by administrators to stay on in his role as ...

19 Apr 2022 at 16:25

Millions face fuel poverty, energy bosses warn

As many as four in 10 people in Britain could fall into fuel poverty in October, energy bosses warned as they called for more support from the Treasury for vulnerable households. Scottish Power chief executive Keith Anderson said the Government ...

19 Apr 2022 at 13:25

Failure of energy suppliers will add £2.4bn to bills – Ofgem

The energy suppliers who picked up the pieces when dozens of their rivals collapsed over the last year could be paid £2.4 billion from energy bills, a watchdog said. The charge will be spread across all households in Great Britain, and will ...

23 Mar 2022 at 11:55

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 “unlock the enormous potential” of ...

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 factory or workshop would save £2,700, ...

02 Apr 2022 at 23:25

City

Competition watchdog ‘must show what it is doing so businesses pay attention’

The competition watchdog needs to explain its decisions better so that businesses know that they could be challenged, its former chairman has said. Lord Andrew Tyrie said that the Competition and Markets Authority (CMA) is getting new ...

26 Apr 2022 at 13:55

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 ...

03 Mar 2022 at 16:25

City

Watchdog struggles to hire lawyers as salaries soar in private sector

The competition watchdog is struggling to attract qualified staff because of soaring salaries in a booming private sector, its boss has said. Dr Andrea Coscelli said that the Competition and Markets Authority (CMA) needs to ...

01 Feb 2022 at 12:26

‘No indication’ of announcement of measures to combat energy price hikes

The energy minister said he does not know when the Government will announce its plans to mitigate some of the energy price hikes due to hit households in April. Greg Hands told MPs on the Business, Energy and Industrial ...

18 Jan 2022 at 15:25

Charles ‘interested’ in Tory leadership contest, Business Secretary says

Business Secretary Kwasi Kwarteng claimed “even the Prince of Wales is interested” in the Tory leadership election as he mingled at a drinks reception at Buckingham Palace. Mr Kwarteng was attending the event hosted by ...

13 Jul 2022 at 00:05

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 ...

23 Aug 2022 at 13:03

Business Secretary says building nuclear power plants may increase energy bills

The Business Secretary has said the Government’s nuclear power push may initially increase energy bills. Kwasi Kwarteng said the plan to build new power plants as part of a new energy strategy may have a “small ...

13 May 2022 at 06:55

Years
2025

Related keywords
avro energy
bulb
business energy and industrial strategy committee
energy crisis
hayden wood
jake brown
politics
russia
ukraine

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