All the updated news related to kwarteng

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Rishi Sunak facing ‘very serious questions’ over wife’s non-dom tax status

Chancellor Rishi Sunak is facing demands to answer “very serious questions” over his family’s finances after it emerged that his wife holds the tax-reducing non-domiciled status. Akshata Murty, estimated to be worth hundreds of millions of pounds, ...

07 Apr 2022 at 13:55

$Kwarteng: Community consent must lead any decision on fracking or onshore wind$

Kwarteng: Community consent must lead any decision on fracking or onshore wind

Any decision on the role of fracking and onshore wind in the Government’s energy strategy will be made with a “large measure of local consent”, the Business Secretary has said. Speaking ahead of the expected release of the strategy on Thursday, ...

03 Apr 2022 at 08:25

UK could massively scale up nuclear power capacity by 2050

The UK could massively scale up its nuclear power capability by 2050 – with new stations having far greater capacity, it is understood. The Business Secretary has suggested six or seven new sites could be in operation by that point, with all ...

03 Apr 2022 at 00:55

City

BP and Shell to face pressure as profits set to soar

London’s biggest oil companies will face an odd dilemma next week as they present what is likely to be their best set of results for years while facing calls to cough up more in tax. The businesses are predicted to report a combined 13 ...

29 Apr 2022 at 16:25

£260 million boost for UK manufacturing and medical research

A multi-million pound investment in medical research and development and the manufacturing of new drugs, devices and diagnostics has been announced by the Government. The Department of Health said the £260 million investment will mean ...

02 Mar 2022 at 02:25

Labour: NI rise ‘will make a bad situation for British businesses even worse’

The Chancellor’s National Insurance increase “will make a bad situation for British businesses even worse”, Labour has warned. Shadow business minister Seema Malhotra raised concerns over the level of inflation as well as ...

22 Feb 2022 at 18:25

$Ministers considering new fracking steps while seeking to phase out Russian oil$

Ministers considering new fracking steps while seeking to phase out Russian oil

Ministers were considering steps that could lead to a fracking rethink in the UK after committing to phasing out imports of Russian oil by the end of the year. Boris Johnson said on Tuesday the move over Moscow’s oil was ...

09 Mar 2022 at 00:55

Kwasi Kwarteng: Government ‘will take a precautionary approach’ on shale gas

The Government’s position on fracking remains unchanged, Business secretary Kwasi Kwarteng has told MPs, adding that exploration would be carried out if it were “safe and sustainable”. Mr Kwarteng faced calls from MPs ...

09 Mar 2022 at 17:25

$Anger over mooted fracking rethink amid phase out of Russian oil$

Anger over mooted fracking rethink amid phase out of Russian oil

Ministers were facing calls not to back down on the fracking ban amid suggestions of a possible rethink as the UK phases out Russian oil to punish its invasion of Ukraine. Environmental campaigners warned that ...

09 Mar 2022 at 13:25

Government urged to support households and cut fossil fuel use as bills soar

More than 30 campaign groups are urging the Government to provide more support for households, cut gas use and shift to renewables as bills soar. The call comes ahead of the Spring Statement and Government ...

15 Mar 2022 at 01:25

UK Government has ignored proposals to tackle soaring bills, Welsh minister says

The UK Government is focused on supporting “just one person” instead of helping people facing rising energy costs, the Welsh Minister for Social Justice said. At a briefing about the move to double the ...

01 Feb 2022 at 15:55

Households will have to wait until March for help with energy bills – minister

The Business Secretary has said households will need to wait until March to find out if a scheme reportedly under consideration to hand out £500 one-off payments to help with energy bills will go ...

21 Jan 2022 at 10:26

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