Dorries blamed as Huawei watchdog report goes unpublished for two years June 26, 2023 The annual report investigating national security risks posed by the Chinese telecoms company Huawei has remained unpublished for nearly two years, raising concerns about government transparency. According to the Telegraph, the decision to shelve the publication of the Huawei Cyber Security Evaluation Centre (HCSEC) report was made by the then-culture secretary, Nadine Dorries. Since 2021, [...]
Learning Lisbon’s foodie secrets with the Jamie Oliver of Portugal June 26, 2023 As new Portuguese restaurant Joia opens in London, Adam Bloodworth visits Lisbon to taste its inspiration Unless you’ve spent the last decade hiding underneath a yellow tram, you will have noticed that Portugal’s capital Lisbon has become the European city du jour lately. Everyone in your office has a tip for the best pastel de nata, the smartest [...]
Rich Brits only group to pocket disposable income rise as inflation chokes poorest families’ finances June 26, 2023 The richest households in the UK are the only group to have undergone a living standards improvement over the last year, while poorer families are being whacked by sky high energy and food bills, according to research out today. Top earners in Britain have seen their post-bill weekly income increase 2.1 per cent over the [...]
Bitcoin retraces to $30,200 after registering 2023 high above $31,000 June 26, 2023 Bitcoin posted a new high for 2023 when it breached $31k before retracing to around $30,300 this morning, while Ethereum closes in on $1.9k.
Onshore wind is not just about net zero, it’s a vote winner June 26, 2023 Onshore wind is not just about going green, it's a vote winner that could ease bills and liberalise planning for housing and transport.
RAF intercepted 21 Russian planes in last 21 days as ‘stark reminder’ of Nato’s importance June 26, 2023 RAF planes in the Nato alliance have intercepted 21 Russian jets in as many days, as the Kremlin’s war in Ukraine continues to dominate Europe. Royal Air Force Typhoon jets, which are part of Nato’s Quick Reaction Alert system in Estonia were scrambled daily over the last three weeks, as Moscow continues to provoke European [...]
Primark owner ABF thanks sunny spells, digital push and inflation for 13 per cent sales hike June 26, 2023 Primark owner Associated British Foods (ABF), has credited warm weather and a revamp of the affordable fashion brands website for a 13 per cent rise in sales – hiking its share price 0.61 per cent when markets opened this morning. The retail giant which also brand such as Twinings, said like for like sales grew [...]
The Notebook: Sir Rocco Forte on the hated tourist tax, counteracting climate hysteria and Boris Johnson’s legacy June 26, 2023 The Notebook is a column where interesting people say interesting things. Today, it’s hotel industry giant Sir Rocco Forte, chairman of Rocco Forte Hotels My hotels in Italy, Germany and Belgium are booming. But occupancy in London is not what it was last year nor what we saw pre-pandemic. Official statistics bear this out, showing [...]
British businesses struggle to source cash amid Bank of England interest rate hikes June 26, 2023 British businesses are struggling to source cash to fuel growth as lenders retrench from the credit market after the Bank of England’s 13 straight interest rate rises, new research out last night showed. Just over nine in 10 mid-sized companies are running into roadblocks when trying to secure financing, prompting them to shelve expansion plans, [...]
Whole Foods: Inflation takes bite out of Amazon owned grocery store June 25, 2023 The Amazon-owned UK division of Whole Foods has seen a rapid decline in earnings for the year as soaring inflation makes Brits hesitant to fork out on its pricey goods. Whole Foods UK reported operating losses of £26.9m up from £17.2m the prior year and its sales also fell to £91.6m down from £94.3m. Amazon [...]