Companies may need to fire problematic suppliers or risk losing customers, researchers say July 22, 2022 Companies may have to take action against suppliers causing issues to prevent a supply chain scandal otherwise customers will leave, research from the University of Surrey said. Businesses will benefit from firing problematic suppliers, as customers could depart in case of a scandal. Customers expect companies to effectively handle issues and to take action. “Our [...]
Prince Harry’s police protection row with Home Office heads for judicial review July 22, 2022 Prince Harry has won the right to a judicial review of the decision not to give him automatic police protection when he and his family visit the UK.
Motorists driving off without paying at pump could cost forecourt operators £100m in 2022 July 22, 2022 A spike in drivers not paying for fuel due to high prices could cost forecourt operators more than £100m in 2022. There has been at 2,054 incidents of drivers refusing to pay at the pump so far this year in the capital, according to a Freedom of Information Request submitted by City A.M., and sent [...]
Summer getaway: Dover ‘critical incident’ blamed on French border staff being ‘woefully inadequate’ July 22, 2022 Dover authorities have slammed “woefully inadequate” staffing levels at the French border, with queues on UK motorways tailing back for miles. Ferry operators told travellers to leave several hours to account for delays, while motoring group RAC urged drivers to set off early in a bid to beat long queues. There was a perfect storm [...]
Ukrainian poultry and grain giant faces ‘complex challenges and disruptions’ amid Kremlin’s war July 22, 2022 MHP SE, the parent company of a major international poultry and grain producer based in Ukraine, announced it is experiencing “complex challenges and disruptions” following the Russia-Ukraine war. The company suffered an 11 per cent decline in poultry production from 63,735 tonnes to 63,735 tonnes in June 2022 compared to a year ago and an [...]
Claro Money tells customers to withdraw cash after suspending flagship app July 22, 2022 Financial planning company Claro Money has told customers to withdraw their money from its platform after announcing the suspension of its flagship app. In a letter to customers, Claro chief executive Rob Brockington set out plans to “refocus” the financial advice firm’s efforts, with a view to delivering in-person financial planning courses. The company chief [...]
Barcelona FC take step to financial safety with further £255m boost from US investment firm Sixth Street July 22, 2022 Spanish football titans Barcelona have taken another step to securing financial security, with a further £255m cash boost from a US investment giant. The debt-ridden Catalan club secured additional cash from Sixth Street to the tune of €300m (£255m), days after unveiling their latest landmark signing, striker Robert Lewandowski. Sixth Street bought a 15 per [...]
Ryanair boss calls for ‘more common sense’ in implementing post-Brexit immigration rules July 22, 2022 Ryanair’s boss Michael O’Leary has called for “a bit more” of common sense on the government’s side when implementing post-Brexit immigration rules. The Irish executive urged transport secretary Grant Shapps to allow EU workers to work in the UK and ease the ongoing travel chaos. “We have this bizarre situation at the moment that in [...]
Competition watchdog green lights BT and Warner Bros sports broadcasting tie-up July 22, 2022 The UK competition watchdog has given the BT Group and Warner Bros. Discovery joint venture the green light.
Ericsson acquires Vonage for £5.2bn July 22, 2022 Telecommunications company Ericsson has completed its $6.2bn (£5.2bn) acquisition of American cloud communications company Vonage. Vonage is now a wholly-owned subsidiary of Ericsson and will become a separate business area within Ericsson. Vonage common stock has stopped trading and will not be listed on the Nasdaq Global Select Market now. Vonage will still operate under its [...]