Campaign groups call for ‘golden visa’ transparency as data reveals potential abuse of scheme May 4, 2022 Campaign groups have ramped up calls for greater transparency into the use of the UK’s now shuttered ‘golden visa’ scheme after fresh data revealed that almost 50 were offered to foreign nationals under 21.
Furious row erupts between Sadiq Khan and Grant Shapps over Crossrail announcement May 4, 2022 A furious row has broken out between the Mayor of London and the transport secretary over today’s announcement that Crossrail will open on 24 May. Grant Shapps MP referred Sadiq Khan to the Electoral Commission accusing him of “breathtaking political cynicism”, according to the Telegraph. This comes after it was announced this morning the Elizabeth [...]
Covid-19 sales dominate Moderna’s $6bn revenue amid profiteering concerns May 4, 2022 Covid-19 vaccine sales have dominated Moderna’s more than $6bn (£5.7bn) revenue, as calls against pandemic profiteering escalate. Revenue hit $6.1bn (£7.6bn) for the first quarter of 2022, compared with $1.9bn (£1.5bn) for the same period in 2021 – carried heavily by the pharmaceutical firm’s coronavirus vaccine, which was responsible for an eyewatering $5.9bn (£4.7bn) in [...]
Ofgem fines UK’s largest electricity distribution network for failing to support vulnerable customers May 4, 2022 The UK's largest electricity distribution network operator has agreed to pay nearly £15m failed to provide support to some its most vulnerable customers.
Elon Musk suggests firms may need to pay for Twitter, as senior MP asks him to appear before committee May 4, 2022 Twitter’s new owner Elon Musk has suggested businesses may have to start paying to use it. The richest man in the world who purchased the social media giant last month for $44bn, made the claim on Twitter on Wednesday. The Tesla boss wrote: “Twitter will always be free for casual users, but maybe a slight [...]
Volkswagen factories revert to coal following EU Russian oil ban May 4, 2022 Volkswagen is being forced to revert to coal and gas to power its plants after the EU proposed a phased ban on Russian oil. Proposed today by European Commission president Ursula von der Leyen, the ban will be gradually implemented over the course of 2022. “Understanding the situation, we just decided to upgrade our coal-fired [...]
Inside Barclays chaotic shareholder meeting: AGM halted as security chase and drag out dozens of climate activists May 4, 2022 Barclays’ annual shareholder meeting was disrupted by a small army of climate change protesters who had to be forcibly removed by security. The banking giant’s AGM in Manchester got off to a chaotic start after a series of disruptions from green activists in the audience. Chairman Nigel Higgins was forced to pause the meeting while [...]
Crypto firm with links to Rangers and Hibernian ceases trading May 4, 2022 A crypto company which partnered with the Rangers and Hibernian football teams has confirmed its crypto token will case trading after a price collapsed.
Maersk warns about future impact of China’s lockdowns despite record quarter May 4, 2022 Maersk has warned about the impact of China’s current lockdowns on its future performance, despite reporting record quarterly profits. “Further challenges arise from the ongoing Covid-19 lockdowns in China, and while the impact on the first quarter is limited, it may worsen the congestion environment in coming quarters as the situation develops,” the company said [...]
Take the Brexit bus: Brits living in Spain no longer allowed to drive after deal collapses May 4, 2022 Tens of thousands of British nationals living in Spain are no longer able to use their current licence as the UK and Spain have failed to reach a post-Brexit deal on the use of British driving licences. From 1 May, British expats in Spain are hit by a driving ban as they are no longer [...]