Challenger gas supplier Yu Group exceeds expectations amid concerns over price rises September 13, 2022 Challenger gas supplier Yu Group exceeded expectations on its cash, earnings and profitability, as it looks to finish the financial year strongly. The company said it expects earnings before interest, taxes, depreciation, and amortisation (EBITDA) of more than £4.7m, while its cash balance was ahead of expectations. Its strong showing took place even with an [...]
As Ukraine forces Russia back, they are fighting for our global security as well as themselves September 13, 2022 Ignoring the reality of Russia’s war with Ukraine is not possible, doing so won’t lead to peace and lower prices.
‘Every Tube traveller’s nightmare’: Man jailed for life over machete attack on London Underground September 12, 2022 A man has been jailed for life after carrying out a machete attack on the London Underground. Ricky Morgan, 35, will stay behind bars for at least 16-years following the incident on a train near Green Park in July last year. He was jailed at the Old Bailey with the judge describing as “every Tube [...]
WPP names Karen Blackett as new UK chief September 12, 2022 The world’s biggest advertising group WPP named Karen Blackett OBE as the new President of its UK business. Blackett currently serves as UK CEO of GroupM, WPP’s media investment business, alongside her role as UK Country Manager for WPP. She will step down from GroupM to focus full-time on WPP, and her successor as UK CEO of GroupM will [...]
Ministers meddling in regulation is ‘recipe for disaster’, says former FCA official September 12, 2022 Government plans to exert greater control over financial rule-making are a “recipe for disaster”, a former senior regulatory official warned today, as the government looks to grant itself powers to overturn decisions made by independent City watchdogs.
The Queen ate at The Stafford hotel, so we booked a table in her honour September 12, 2022 St James’ Street near Green Park Tube is heaving with tourists, but turn onto Little St James’ Place toward The Stafford hotel and you enter a private enclave where the racket of the capital’s buses, taxis and tourists cannot be heard. Here you’re in St James proper, amongst the type of discreet private roads no-one [...]
Bitcoin back above $22k on a wave of investor optimism over inflation September 12, 2022 The price of Bitcoin is holding above $22,000 this morning, after a bounce on Friday took the largest cryptocurrency above $21,000.
Queen’s funeral: Travel chiefs warn train network will be ‘extremely busy’ as refunds offered September 12, 2022 Travel chiefs have warned services and stations will be “extremely busy” in the next week due to the official period of mourning. Both the Rail Delivery Group and Transport For London discouraged unnecessary travel and urged planning, as hundreds of thousands are expected to visit Her Majesty the Queen lying in state. Parliamentary authorities are [...]
Third Point slumps as growth firms drag investment titan down September 12, 2022 London-listed investment vehicle Third Point Investors suffered a 22.6 per cent plunge in the value of its assets in the first half of the year as it weathered “one of the most challenging” periods it has faced. In a trading update today, the firm run by notorious activist investor Daniel Loeb said turbulence had caused [...]
Tussle over Iceland: Supermarket’s trademark row with country continues September 11, 2022 Retailer Iceland is back in court with the country Iceland as the trademark row over its name continues.