Shell: ‘We understand worry for millions – but windfall tax creates uncertainty’ May 27, 2022 Shell has slammed the government’s windfall tax. It said while it “understands the worry for millions” about the cost of living crisis, the new tax creates “uncertainty” about investment in the UK energy sector. This follows Chancellor Rishi Sunak announcing a so-called Energy Profits Levy, a 25 per cent surcharge on North Sea oil and [...]
Former executive suing UK branch of Canadian bank for £800,000 over discrimination claims May 27, 2022 The UK branch of a major Canadian bank is facing an £800,000 discrimination lawsuit from a former executive accusing it of discrimination. Zhuofang Wei is suing Canadian Imperial Bank of Commerce (CIBC) over claims it operated a hostile and discriminatory environment for women. The bank, which strongly denies all claims, dismissed her in Match 2020. [...]
Anchors away: Princess Yachts on the lookout for new owners May 27, 2022 City sources have suggested that Princess Yachts is up for sale as more and more Russian-owned luxury boats are seized by the government.
Tube workers suspend strike on Queen’s Jubilee following ‘significant progress’ in talks May 27, 2022 Members of the RMT union working at Euston and Green Park tube stations have called off the strike set for 3 June following “significant” progress in the talks with London Underground. The walkout was initially called two weeks ago after staff at the two stations cited a “toxic atmosphere in the workplace” created by a [...]
Partygate: MP quits top role over Sue Gray report citing ‘toxic culture’ creating ‘deep mistrust’ May 27, 2022 An MP has resigned from his role in the government over the partygate, citing the “toxic culture” in Downing Street which has created a “deep mistrust” of Boris Johnson’s administration. Paul Holmes, who represents Eastleigh, announced in a statement on Friday he had quit his role as Parliamentary Private Secretary at the Home Office. The [...]
BBC Four and CBBC shutting down as beleaguered broadcaster makes fresh cuts May 27, 2022 Around 1,000 jobs will be lost and BBC Four and CBBC will end as linear TV channels as part of the broadcaster’s plans to become “digital-first”. Director-general Tim Davie announced to staff on Thursday that 1,000 jobs will be cut across the public-funded part of the corporation. BBC World News and BBC News Channel will [...]
Londoner jailed for 33 years after butchering his Stockwell landlords during lockdown May 27, 2022 A Londoner who stabbed his landlords to death after becoming paranoid about Covid during the first national lockdown has been jailed for at least 33 years. Daniel Briceno Garcia, 46, killed Sonia Butron Calvi, 66, and Edgar Aguilera Daza, 60, at the home they shared with five others in Stockwell, south London, on April 1 [...]
Sky Sports teams up with UK broadcasters to make World Cup qualifier available to all May 27, 2022 Sky has confirmed that the World Cup Play-Off Final next Sunday will be available free to air thanks to agreements with UK broadcasters ITV, STV and S4C.
NatWest offers customers chance to win £1,000 this summer via ’round up’ feature May 27, 2022 People saving with NatWest could win £1,000 this summer if they turn on a “round ups” feature on their account. The bank said it will award 10 customers £1,000 each. The round ups feature rounds up the cost of a purchase to the nearest pound and the spare change is automatically paid into a chosen [...]
Dover chaos: Liverpool fans and families on half-term getaways stuck in security bottlenecks May 27, 2022 Liverpool fans going to Paris for the Champions League final as well as families on their half-term break are currently facing long queues at the port of Dover due to security delays. People took it to Twitter to express their frustration at the situation, with travellers complaining about being stuck in hour-long bottlenecks. “3 hours [...]