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      FCA charges City lawyer with insider dealing over maternity brand acquisition

      The FCA said in June any scheme must keep the market afloat in order to curb rising costs for consumers.

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      EuroLeague CEO interview: ‘NBA Europe? We have never been stronger and will never disappear’

      Chus Bueno speaking at Euroleague Basketball event, highlighting leadership in sports management and international collabo...

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      First look: The Ferrari Daytona Shooting Brake ‘Hommage’

      Ferrari Daytona Hommage sports car in vibrant red, showcasing sleek design and iconic style, parked on a scenic road.

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Transport & Infrastructure

  • Desperate travel sector demands all international Covid testing requirements are scrapped immediately

    January 5, 2022

    All testing requirements for international travellers should be abolished immediately, the travel industry said this morning. Manchester Airports Group (MAG) and Airlines UK said research they commissioned into travel restrictions found domestic, not international, restrictions would be the only way to reduce the spread of Omicron. Pre-departure and day two PCR testing were reintroduced in [...]

  • Brits have to pay for entry to the EU from this year: Cash and pre-authorisation needed for post-Brexit trips to Europe

    January 5, 2022

    Brits will have to start paying €7 per person and pre-register their details in order to enter the European Union from this year. Reports had surfaced in various European media in recent weeks that access to all Schengen EU countries would come at a cost from 2022, and when approached by City A.M. this morning, [...]

  • Consumers should brace themselves for runway energy bills as price rises that overwhelmed suppliers in 2021 start to trickle down

    January 4, 2022

    Consumers should brave themselves for runaway household bills this year as the energy sector continues to struggle with soaring gas prices, which consigned a string of energy suppliers to the graveyard in 2021. Energy suppliers had been paying 54p per therm of gas at the beginning of last year. By September 2021, that had reached [...]

  • Share trading in Go-Ahead Group halted as Southeastern rail scandal widens with Deloitte scrutinising the books

    January 4, 2022

    Shares in train firm Go-Ahead Group have been suspended to give its auditor more time to finalise delayed full-year results in the wake of the Southeastern franchise scandal. Go-Ahead said it was working with accountancy group Deloitte to get its earnings for the year to July 3 2021 published “as soon as possible”, with the [...]

  • Strict new Brexit transport rules make UK businesses ‘give up’ on EU imports: ‘Simply not worth the hassle’

    January 4, 2022

    Many British businesses may “give up importing” as a result of new strict rules that came into force on Saturday, on 1 January, a former senior civil servant in charge of Brexit planning has warned. Philip Rycroft, who was permanent secretary at the Department for Exiting the European Union (DExEU) between 2017 and 2019, said [...]

  • Rolls-Royce sells off Bergen Engines for €63m in bid to streamline business

    January 4, 2022

    Rolls-Royce has cut a deal with engineering group Langley for its liquid fuel and gas engines business. The aerospace giant is set to sell Bergen Engines for €63m, following a strategic review of the business, as Rolls-Royce looks to build a “more focussed group”. The deal forms part of Rolls-Royce’s target of selling off £2bn [...]

  • Millions of commuters may be hit as national rail strike looms over job cuts and living costs

    January 4, 2022

    A national rail strike looms this week as one of the leading rail workers’ unions is warning it may urge its members to pause work over job cuts. The Transport Salaried Staffs Association (TSSA) said rail workers faced losing their jobs this year just as the cost of living crisis spirals. The union is calling [...]

  • Higher roaming bills for millions of Brits from this week as Brexit allows EE and Vodafone to slap steep new fees on trips to Europe

    January 4, 2022

    Two of the UK’s four biggest networks – EE and Vodafone – are reintroducing roaming charges for customers travelling to Europe from this month, with Three also set to reintroduce them in May 2022. Since Saturday, customers who joined or upgraded with EE after July 7 2021 will face a £2 daily charge for using [...]

  • South Africa offers the world a way out of Covid as Omicron is in full retreat: New infections down and death rate dropping

    January 3, 2022

    As Covid infection rates are dropping rapidly and tens of thousands of South Africans recovering from Omicron without having to go to hospital, it seems the country is heading for a healthy start of the year. In fact, Covid experts are all saying the same: the Omicron wave has passed and other countries can expect [...]

  • SME crisis: Late payment of invoices and spiralling costs threaten survival of more than 400,000 small businesses

    January 3, 2022

    Paying invoices too late is threating the survival of hundreds of thousands of small firms, a businesses group warned this morning. The Federation of Small Businesses (FSB) fears that late payments, high inflation and mounting administration for firms that trade internationally could see numbers shrink if something is not done about these issues. Of the [...]

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