Starmer: PM did ‘grubby deal’ to make Suella Braverman home secretary October 26, 2022 Sir Keir Starmer has accused the new Prime Minister of doing a “grubby deal” to make Suella Braverman home secretary, after she was sacked from the role last week. Braverman was sacked by Liz Truss for breaching the ministerial code when she sent Home Office documents to a Tory backbencher. It has been widely speculated [...]
25 per cent down: Heathrow boss warns ‘many years’ until pre-Covid flying levels reached October 26, 2022 It will take some time for Heathrow to go back to pre-pandemic levels, according to the airport’s boss John Holland-Kaye. The west London hub expects between 60 and 62 million people to pass through its gates this year, 25 per cent down on the 81 million posted in 2019. Heathrow also reported 18 million passengers [...]
LNG cargoes await supply squeeze as Europe readies itself for tough winter October 26, 2022 Dozens of LNG cargoes have been in slow transit across Europe in recent weeks, awaiting the prime opportunity to unload their valuable resources.
Top firms pile pressure on governments for mandatory nature reporting October 26, 2022 Top global firms are piling pressure on heads of state to roll out mandatory nature reporting by 2030 as businesses prepare to gather for COP15 global talks on biodiversity in December.
Peloton lures CEO back from retirement with £145m package despite tumbling market value October 26, 2022 Peloton lured chief exec Barry McCarthy out of retirement with a handsome package worth $168m (£145m), making him one of the highest-paid bosses in the US. McCarthy, who previously served as chief of finance at both Spotify and Netflix, replaced Peloton co-founder John Foley as CEO of the fitness company back in February. McCarthy is often credited [...]
Pound climbing fast: UK assets buoyed by PM Sunak as Sterling hits highest level since mini-Budget October 26, 2022 Rishi Sunak’s appointment as PM has buoyed UK assets this morning and is taking the pound towards the 1.16 level against the US dollar, the highest level since the mini-budget. “Almost all news headlines have centred around the appointment of Rishi Sunak as next Tory leader and Prime Minister. Discussing Sterling this morning with City [...]
Sunak delays Halloween fiscal statement until 17 November October 26, 2022 Prime Minister Rishi Sunak has delayed next week’s Halloween fiscal statement until 17 November on his first full day on the job. Chancellor Jeremy Hunt said it will now be a “full autumn statement”, instead of a truncated emergency plan to outline how the government will get debt falling. The announcement caused a sell-off of [...]
Two Just Stop Oil activists arrested after luxury car showrooms in Mayfair daubed with paint October 26, 2022 Two people have been arrested after high-end car dealerships in Mayfair including Bentley, Ferrari and Bugatti were daubed with paint by Just Stop Oil activists. Environmental campaigners smeared orange paint on windows of numerous luxury vehicle retailers in Berkley Square and Bruton Street. The incident took place at 8.30am, targeting dealerships including HR Owen Bugatti, Jack [...]
Telecom giant EE bursts onto the fast-growing cyber security scene with alarm systems October 26, 2022 Telecom giant EE said this morning the company wants to make digital security more accessible to the public. Therefore, the operator unveiled new monthly subscription packages around home and cyber security. EE said customers will be able to buy home security deals – including a home alarm system – and an online cyber security package [...]
Bloomsbury has ‘highest ever’ first-half profit and sales as books become ‘affordable treat’ October 26, 2022 Bloomsbury had its “highest ever first half sales and profits”, as books become an “affordable treat” during the cost of living crisis. The company’s profit was up 23 per cent on 2021 and almost 300 per cent on two years ago, as students return to schools and universities, while consumers turn to books in the [...]