London, (Parliament Politics Magazine) – The Bank of England (BoE) was remarkably slow in seeing an inflationary threat that was obvious to monetarists and businessmen. As recently as last May, the BoE was forecasting inflation rates between 1.9 per cent and 2.3
LONDON (Parliament Politics Magazine) – According to studies, the income gap between the bosses and the employees will increase again this year after shrinking during the pandemic. The High Pay Centre thinktank, which pushes for fairer compensation structures believes, FTSE 350 chief
LONDON (Parliament Politics Magazine) – According to the leader of Britain’s largest energy supplier, consumers will have to deal with exorbitantly high fuel prices for a period of at least another 18 months. E.ON UK’s chief executive, Michael Lewis, has urged for
LONDON (Parliament Politics Magazine) – The Bank of England will tighten its grip on the economy in the coming months as it attempts to lower the highest inflation rate in 40 years, according to its chief economist. Huw Pill said “additional work”
WASHINGTON (Parliament Politics Magazine) – Elon Musk has put his $44 billion (£35 billion) proposal to buy Twitter on hold, citing concerns over the amount of fake or spam accounts on the platform. He stated that he was awaiting facts “to support
LONDON (Parliament Politics Magazine) – The value of a popular cryptocurrency has dropped by 99 percent, taking down an as frequently referred to “stablecoin” with it. On Thursday, the Terra Luna token plummeted from a high of $118 (£96) last month to
LONDON (Parliament Politics Magazine) – Starting Monday, millions of people will be shifted off legacy benefits and onto universal credit, a strategy that charities have judged too risky to continue. More than 20 charities have written to Therese Coffey, the work and
CANBERRA (Parliament Politics Magazine) – According to whistleblowers, Facebook employed an overly aggressive blocking system to take down the pages of Australian emergency services last year as a negotiation strategy. Following a dispute over paying news sources, the social media platform decided
LONDON (Parliament Politics Magazine) – Shell has declared a record quarterly profit of $9.1 billion (£7.3 billion) for the first quarter of the year, increasing pressure on the government to enact a windfall tax to fund steps to combat rising home energy
LONDON (Parliament Politics Magazine) – Worries of a “inflationary spiral,” the Prime Minister stated yesterday, had limited the amount of assistance the government could provide in the cost-of-living crisis. This is a difficult notion to communicate to millions of people who have
