Thursday evening news briefing: Interest rate peaks after borrowing costs held

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Good evening. The Bank of England has decided to hold borrowing costs at 5.25pc, ending a cycle of 14 consecutive interest rate rises. Also, Rupert Murdoch has stepped down as chairman of News Corp and Fox. Interest rates now at their peak, say … Read more

What is ‘net zero’, and how much will it cost you?

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE According to the Energy Saving Trust, you could typically expect to pay between £7,000 to £13,000 to get a heat pump installed – though our guide reveals how much installing a heat pump will actually cost you. While grants are available, uptake has … Read more

Sunak spares public net zero pain

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The Prime Minister warned of a backlash brewing against the old plan, challenging his critics to justify why families should pay as much as £15,000 “to do things that are not necessary to get us to net zero”. “The risk here, for those … Read more

Wednesday evening news briefing: Sunak: Conservatives have been ‘out of touch’ on net zero

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Good evening. Rishi Sunak has delivered one of the biggest speeches of his premiership, as he announced that the ban on the sale of petrol and diesel cars will be pushed back from 2030 to 2035. Also, the King and Queen arrived in … Read more

Petrol car ban may be delayed as Sunak waters down net zero pledges

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Alterations to policies concerning cars, boilers and landlords are among seven changes being considered by Mr Sunak. He is expected to say that there will be no policies to change people’s diets or to encourage carpooling, and no new taxes to discourage flying. … Read more

Politics latest news: China ‘almost an enemy’ but this is no cold war, says ex-MI6 chief

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE China are “almost enemies” of the United Kingdom but the two nations are not in a cold war and it is still possible to trade with each other, a former boss of MI6 said.  Sir Richard Dearlove said it was possible to be … Read more

Britain needs China to hit net zero, says Kemi Badenoch

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE It came as Downing Street insisted that the UK had to be “in the room” with China, and Rishi Sunak argued that “speaking frankly and directly” with Beijing was in the country’s national interests. Jeremy Hunt also backed the approach to China, despite … Read more

Sunak to defy net zero demand to halt airport expansion

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The CCC was set up by the 2008 Climate Change Act to hold the Government to account over its efforts to reduce greenhouse gases, with its most recent five-year “carbon budget” put into law by Boris Johnson in 2021. Rejecting its recommendations would … Read more

Sadiq Khan’s Ulez risks driving up pollution outside London, experts warn

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE London Mayor Sadiq Khan was forced to expand the scrappage scheme at the beginning of August, which Transport for London says will ensure the most polluting cars are not resold outside the M25. Motorists can hand over non-compliant vehicles for scrap and receive … Read more

Londoners buy up classic cars to dodge Sadiq Khan’s Ulez expansion

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Vintage cars can range in price, with highly sought-after collection pieces going for hundreds of thousands of pounds at auction and entry-level models starting at just a few thousand. Fondly remembered cars from the past, famed for their reliability, could offer an alternative … Read more

The Cornish hamlet fighting back against net zero with vegetable oil

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Andrew Stevens, was quoted £30,000 to install a heat pump in his 1960s detached house. His home is not as old as others in the area – and is equipped with cavity wall insulation and UPVC windows.  But at the moment, he says, … Read more

‘I’m spending £1,000 a month to heat my home – is a heat pump the answer?’

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The roof space has undergone changes and has been converted into an occupied space. It is well insulated using Celotex which can be seen in the rafters. Due to the area not having any gas supply, there is very little in the way … Read more

Drivers rush to sell petrol cars outside of London before Ulez expansion

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Most diesel cars registered before September 2015 and vans registered before September 2016 are liable alongside most petrol cars registered before 2001. Motorists can hand over non-compliant vehicles for scrap and receive payments in return, which can go towards the cost of a … Read more

Edinburgh book festival sponsor hits back at Greta Thunberg’s greenwashing claims

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE One of the UK’s largest and oldest investment management firms has hit back at Greta Thunberg after she accused the company of greenwashing. The young climate activist was due to appear at the Edinburgh International Book Festival this weekend, but pulled out on … Read more

‘It will cost me £60,000 to replace my oil boiler with a heat pump’

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Dave Biggs, from Kehelland, Cornwall, faced an upfront cost of between £50,000 and £60,000 to upgrade his home to accommodate a heat pump.  He said the renovation would have involved ripping up the concrete floor of his property to remove the microbore pipework … Read more

Tory revolt against ‘premature’ net zero ban on new oil boilers

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Rishi Sunak is being urged to scrap a net zero ban on new oil boilers, with senior Tories warning it will cost votes in rural communities. New oil boilers will be banned in off-grid homes within three years, with households encouraged to switch … Read more

Just Stop Oil demands ‘contemptible’, says Sir Keir Starmer

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Just Stop Oil’s message to turn off the taps in the North Sea is “contemptible”, Sir Keir Starmer has said. Writing in The Times, he sought to distance himself from Just Stop Oil as the Tories attack Labour for accepting £1.5 million donations … Read more

China ‘will use electric cars to spy on Britain’

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Remote surveillance of cars is possible through the existence of “cellular modules”. These small components feature in a wide range of modern devices, including cars, smart meters, computers, electric vehicle chargers and white goods, and are used to establish internet connections to transmit … Read more

Homeowners’ security systems rendered useless after British Gas switch off

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE He added he had expected the cameras to last another two years at least and that they allowed him to remotely view the outside and inside of his home, giving him peace of mind because they are a guard against potential burglaries.  Hive’s … Read more

Electric cars will cost more to make, BMW warns

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE BMW has warned investors that it was suffering higher costs in developing electric vehicles, sending its shares down by more than 6pc. The carmaker also reported a lower profit margin for the three months to the end of June, which disappointed investors. It … Read more

Florence Pugh’s father says Oxford LTN chiefs ‘are acting like dictators’

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Low-traffic neighbourhood (LTN) chiefs are acting like “dictators”, Florence Pugh’s father has claimed after he was forced to shut a cafe. Clinton Pugh, who owns three food outlets in Cowley Road, has been a vocal critic of the East Oxford LTN, which was … Read more

8 alternatives to gas boilers – and whether they can save you money

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Oil boilers Oil boilers are common in rural homes that have not yet been connected to the gas grid. The Government is pressing ahead with plans to phase out the environmentally unfriendly technology.  How do they work? Oil boilers work similarly to gas boilers. The fuel is ignited in the combustion chamber … Read more

Plan to boost nuclear power production to hit net zero merely a ‘wish list’, MPs warn

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Greg Clark, the committee’s chairman and former business secretary, said: “The Government is right to identify nuclear power as an important contributor to meeting our future electricity needs. It has stretching ambitions to achieve 24GW of nuclear power by 2050. “This would be … Read more

How Britain’s politicians dumped the vast cost of net zero on you

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Andrew Montford, director of Net Zero Watch, an offshoot of the Global Warming Policy Forum founded by former chancellor Nigel Lawson, said: “The policy [net zero] is entirely irrational… The medicine is worse than the disease. It kills growth in the economy. Energy … Read more

I am on motorists’ side, says Sunak as he orders review of anti-car schemes

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE But he is also concerned about car schemes, such as LTNs, that have become increasingly prevalent since the onset of the Covid pandemic and aim to reduce traffic in residential areas and cut carbon emissions. The zones, originally introduced by Mr Khan in … Read more

Electric cars not up to the job for armed response units, police force says

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Government targets require 300,000 charge points to be installed across Britain by 2030. But delays in the rollout could mean the target will be missed by a decade, according to analysis by The Times. Just 3,870 chargers were installed in the three months … Read more

Time is running out for Britain to bet on electricity

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE In this respect at least, the policy had immediate effects. Industry groups were quick to warn that a “herculean effort” would be required, with the SMMT arguing that success “will depend on reassuring consumers that they can afford these new technologies, that they … Read more

Pylons to be forced into the public to hit goal zero

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE DESNZ, led by Grant Shapps, the energy security secretary, is said to support detailed plans submitted by National Grid for sweeping planning reform. It would be designed to allow construction additional overhead cables and poles in less than half of the current seven-year … Read more

Europe’s new Ulez schemes threaten chaos for British tourists – and £1,500 fines

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Europe’s new Ulez schemes threaten British tourists with chaos – and £1,500 fines. MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE

Why have you already put £15,500 into net zero without realising

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE New analysis has found that households have already paid as much as £15,500 in green energy taxes over the past 13 years. This is due to expectations that the government will add additional costs to households when he adds green fees worth £165 … Read more

The government has called for a halt to new road construction projects to reduce pollution

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The government should consider stopping it road construction schemes to cut pollution, its climate change advisers said, while warning that net zero targets were slipping. The Committee on Climate Change (CCC) said in its annual update on the UK’s net zero progress that … Read more

Welcome to the world’s first net-zero cruise – with fewer stops and dirtier linens

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Bio-LNG, meanwhile, must first be stored as a heavy liquid before being converted to gas on board. It is also more expensive to produce than HFO, as there are fewer facilities and they are smaller. Even a four-day cruise like MSC Euribia’s maiden … Read more

Are you looking for an investment that is safe enough? The answer, my friend, is blowing in the wind

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE This means that it is currently trading at a 12% discount to NAV, even though the value of its portfolio is based on assumptions about the future rate of inflation, changes in interest rates, and many other inputs that are impossible to accurately … Read more

The creator of ChatGPT is backing a British lab-grown pork company

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The creator of ChatGPT has backed a British company to produce pork in the lab. Sam Altman, CEO of ChatGPT Open AI makerhas invested in Uncommon, a Cambridge-based company that grows bacon and pork belly from animal cells. Outlandish claims of using patented … Read more

University academics sue UK’s biggest pension scheme for being too ‘ungreen’

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Students faced disruptions in their studies after a strike on university campuseswith academic staff citing pensions as a key factor in joining the picket line. It came despite the scheme pledging to divest coal, saying it would do so in 2021 plans to … Read more

Mark Carney’s climate group ‘delays’ green investment

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mark Carney’s climate change alliance has come under fire for “dragging” on green investment in the latest blow to the initiative. The Glasgow Finance Alliance for Net Zero (GFANZ), set up by a former Bank of England governor, has been accused in a … Read more

New houses will have heat pumps as standard, says Redrow

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE One of Britain’s biggest housebuilders is to fit heat pumps as standard in its new homes as the government prepares to ban new gas boilers. Redrow announced on Tuesday that it had become the first major housebuilder to install heat pumps as standard. … Read more

‘Net zero’ energy scams double as trading standards warn of wave of fraud

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Households have been bombarded with calls offering bogus green home improvements, Trading Standards has warned, as fraudsters try to take advantage of the push towards ‘net zero’. Data from 10,000 call blocking devices showed an 85% monthly increase in fraudsters offering bogus grants … Read more

The International Energy Agency calls for an end to the sale of petrol and diesel cars by 2035

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE At the conference, dozens of national and regional governments and major car manufacturers pledged to work towards ending sales of new petrol and diesel cars by 2035 in leading markets and by 2040 elsewhere. Since then, Russia’s invasion of Ukraine has caused turmoil … Read more

Peddlers of environmental doom have shown their true totalitarian colours

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Deloitte is the largest “professional services network” in the world. Headquartered in London, it is also one of the big four global accounting companies, offering audit, consulting, risk advisory, tax and legal services to corporate clients. With a third of a million professionals … Read more

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