Barclays takes stake in crypto firm Copper July 24, 2022 Barclays is snapping up a stake in the crypto firm advised by former chancellor Lord Hammond in a fresh funding round, according to reports today.
Holidaymakers face another day of gridlock at Dover Eurotunnel July 24, 2022 British holidaymakers trying to drive to France are facing another day of gridlock in the lead up to the Dover Eurotunnel amid warnings that this could be the new normal. Drivers have been forced to wait hours in queue again, with traffic snaking back to the M20 in Folkestone, Kent. The UK government is blaming [...]
Germany hands €15bn to Uniper in bailout deal July 24, 2022 The German government has stepped in to rescue troubled utility giant Uniper with a whopping €15bn bailout after suffering sharp losses.
Investors urged to oust CMC Markets chair over boardroom diversity failings July 24, 2022 The world's largest shareholder group is urging investors to oust the chair of trading firm CMC Markets over a lack of female representation on its board.
LV faces backlash over potential payout to outgoing chief July 24, 2022 Insurance giant LV is facing backlash from members as it refuses to rule out a further bonus for controversial outgoing chief Mark Hartigan.
Rail union boss Mick Lynch warns strikes could ‘last for months’ July 24, 2022 Crippling strikes are likely to last for months longer if rail companies do not make improved pay offers for its workers, rail union boss Mick Lynch has said. Lynch, secretary-general of the National Union of Rail, Maritime and Transport Workers (RMT), today also warned there likely would be a “rolling campaign of trade union activity” [...]
Japan approves plans to release Fukushima water into the ocean July 24, 2022 Japan's nuclear regulators have greenlit a plan to release contaminated water from the wrecked Fukushima Dai-ichi nuclear power plant into the ocean.
HS2 is a ‘killer whale’ for next PM, says cabinet minister July 24, 2022 The HS2 rail project will be a “killer whale” for the next UK Prime Minister and “could “rip the arm” off their administration, according to Cabinet Office minister Kit Malthouse. Malthouse urged Rishi Sunak and Liz Truss to ensure “we’ve got the risk assessed properly” on the near £100bn high speed rail line that will [...]
Hard-line immigration policy will ‘stifle’ growth in the capital, London firms warn Truss and Sunak July 24, 2022 A hard-line immigration policy risks tightening the labour market further and choking off economic growth in the capital, a top London business body has warned Tory leadership contenders.
Tory contender Rishi Sunak backs insulation over heat pumps as winter crisis looms July 24, 2022 Sunak has hinted that he will prioritise insulation for low-income households over new technologies such as heat pumps this winter.