The red tape will cost British businesses billions

Labor plans more than 60 regulatory increases that would saddle businesses with tens of billions in extra costs, an analysis shows. The Institute for Economic Affairs (IEA) said Labor would increase red tape in a range of areas, from accelerating the ban on petrol cars to imposing energy efficiency standards in rental properties. In a … Read more

The world is using more oil, coal and gas than ever before and will continue to do so. Net Zero is dead

A key point of consensus regarding global oil demand is the expectation that it will remain robust, driven by a combination of factors including economic recovery, increased travel and rising industrial activity in non-OECD countries. The only major body not seeing sustained, massive growth is the International Energy Agency (IEA), which revised its figures this … Read more

Car insurance prices plummet under new car plans – ‘Labor is the only party that is really on the side of the drivers’

Labor has pledged to cut car insurance costs for millions of motorists, tackle the UK backlog and improve infrastructure development. In its latest manifesto, the Labor Party has cast itself as the party on the side of drivers, aiming to make major progress on several factors it claims the Conservatives failed to address during their … Read more

Former astronaut William Anders, who took the iconic Earthrise photo, died in a plane crash in Washington

SEATTLE (AP) — William Anders, the first Apollo 8 astronaut who took the iconic “Earthrise” photo in 1968 that showed the planet as a shadowy blue marble from space was killed Friday when the plane he was piloting alone crashed into the waters off Washington state’s San Juan Islands collapsed. He was 90. His son, … Read more

European Central Bank on track for first interest rate cut since 2019: live updates

menu icon

Sun Jun 2, 2024 7:29 PM EDT CNBC Pro: Profits at these five global banks will remain high despite an ECB rate cut, Berenberg says Despite a rate cut expected this week, profits at a handful of major European banks will remain robust, according to Berenberg. One of the lender’s shares could rise more than … Read more

Corporations and universities are getting rich by shifting the costs to the rest of us

If we discovered that a business leader had made his fortune not only by making a large profit on the goods or services he sold, but also by stealing the incomes and savings of innocent members of the public – people who had no connection whatsoever their company – we would be outraged. Demands would … Read more