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Disbelief as Scotland loses out in £1bn carbon capture project

Scotland has been dealt an “economic and environmental” blow after a flagship carbon capture project was sidelined by the UK government, a billionaire businessman has said. Sir Ian Wood, the tycoon and philanthropist, was among the figures expressing disbelief at the decision. Greg Hands, the energy minister, declared that two English projects, in the northwest around Liverpool and across Humber and Teesside, are to be granted...

Stores’ own-label cleaning goods next in line for hike

The prices of supermarkets’ own-branded bleaches and washing up liquids are set to rise after one of the country’s leading suppliers warned that it was being hit hard by rising costs. McBride, which supplies most British supermarkets with their private label cleaning products, had already raised prices over the summer but has now said it will have to do so again. Bosses said that supermarkets were...

Britons face higher taxes to pay for government’s eco pledges

Britons face new taxes or reduced public spending to pay for the country’s rapid transition to net zero, the Treasury warned yesterday, as splits emerged at the top of government over the costs of decarbonisation. Boris Johnson pledged that Britain could meet its ambitious net zero targets “without so much as a hair shirt in sight” as he set out a cross-government plan to realise...

UK firms will have to start disclosing climate impact with annual fillings

Some large UK businesses will have to start disclosing their environmental impact, under new rules set to be brought in by the Treasury. The requirements will also apply to investment products and pension schemes. It comes ahead of November’s COP26 meeting in Glasgow, where world leaders will discuss their climate commitments. Experts say the UK, which is hosting the event, is not currently on track to meet...

Only 40% of workers think they’re paid ‘what they are worth’

A new survey suggests that most people don’t believe they’re being paid what they think ‘they are worth’ to do their current jobs. The findings reveal that less than half of workers consider their salary to adequately reflect their job role and experience. The other half think they’re being paid less than they should be, and one in six can’t decide one way or the...

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