ENERGY giants will be handed more than £1.2billion from wind and solar farms as gas prices soar in coming months, despite the cost of living crisis hitting household bills. When electricity prices are low, wind and solar farms are paid subsidies in the form of green levies taken directly from…
Anew briefing paper from the Institute of Economic Affairs warns that the Subsidy Control Bill will allow UK public authorities to subsidise private enterprise for a range of purposes, with less supervision and transparency than under EU state aid rules. Report author Matthew Lesh recommends that the Bill, which is…
Vladimir Putin has “singled out” the UK as the global leader on sanctions imposed on Russia over the invasion of Ukraine, Boris Johnson has said. The prime minister sparked jeers and laughter from the Labour benches at PMQs when he claimed Moscow was particularly angry at Britain because his government was “in the lead” on retaliatory…
BREXIT needs to push the UK into pursuing a path into further deregulation to help British businesses become more competitive internationally, Tory MP John Penrose insisted. The Conservative MP insisted Boris Johnson needs to intervene to ensure one of the key benefits of Brexit is delivered. He said the UK must resume…