End to ‘preighting’: European airlines no longer allowed to pack empty passenger planes with cargo April 20, 2022 Airlines across the European Union are no longer allowed to pack empty passenger planes with cargo, in a further sign that the aviation industry is recovering from the pandemic. The temporary exemption to allow so-called ‘preighting’ – using passenger planes to transport freight – was introduced during the pandemic as passenger flows dried up while [...]
Number of passengers reported for ‘intrusive staring’ on tube goes up following TfL campaign April 20, 2022 The number of passengers reported for “intrusive staring” on the tube network has gone up following a Transport for London (TfL) campaign. Aiming to root out the sexual harassment faced by women on the network, the campaign invites people to report also “intrusive staring of a sexual nature”, as it is considered “sexual harassment.” “It’s [...]
SSE enters Southern European market with €580m deal for Siemens Gasa’s onshore wind pipeline April 20, 2022 SSE has boosted its European expansion plans, acquiring a vast portfolio of onshore wind developments from Siemens Gamesa.
Credit Suisse warns of first quarter loss as legal costs surge April 20, 2022 Beleaguered Swiss lender Credit Suisse warned it was careering towards a loss in first quarter earnings after legal costs surged and the Russia-Ukraine crisis hit the bottom line, the firm announced today.
P&O fires seven agency workers for drinking on the job April 20, 2022 Disgraced ferry operator P&O said t has fired seven agency workers for drinking while on duty. The employees, P&O said, were dismissed “with immediate effect” after breaching “our strict guidelines on alcohol consumption.” “The safety of our passengers and crew is our foremost priority and we continue to operate a zero tolerance policy towards drinking [...]
UK judge orders Julian Assange to be extradited to the US April 20, 2022 WikiLeaks founder Julian Assange will be extradited to the US after all, following a long legal battle, after a UK judge ordered him stateside to face a 175-year sentence. The US Department of Justice indicted Australian-born Assange on 18 counts, including breaking spying laws and conspiring to hack government computers. The decision will now move [...]
UK listed firms must have at least one woman in a senior position, City watchdog says April 20, 2022 The boards of UK listed companies should employ at least one non-white board member and one woman in a senior role, according to new diversity targets put forward by the Financial Conduct Authority (FCA). Two-fifths of board members should be women, and at least one senior board position – including chief executive, chair, or chief [...]
Demolition of M&S Oxford St store put on hold by Gove April 20, 2022 The bulldozing of the iconic Marks & Spencer building on Oxford St has been put on pause by the government. According to a report by the BBC, Michael Gove asked Westminster council to press pause on a demolition application. Under an Article 31 holding direction, a local authority cannot green light planning permission until ministers [...]
FirstGroup snatches former telecoms boss for chief executive role April 20, 2022 Former telecoms boss Graham Sutherland was appointed chief executive of FirstGroup, the transport colossus announced today. The new boss will assume office from 16 May. Sutherland – who was previously at the helm of LSE-listed telecommunications company KCOM from 2018 until its sale to an infrastructure fund – will succeed Matthew Gregory, who stepped down [...]
Vaccine manufacturer Oxford Biomedica warns of Covid-19 cliff edge April 20, 2022 Oxford Biomedica, which helped manufacture the AstraZeneca Covid-19 vaccine, has enjoyed a revenue boost of more than 60 per cent, thanks to its frontline position in tackling the pandemic. The London-listed cell and gene therapy group pulled in £142.8m in the year to 31 December, up from £87.7m in 2020. However, the firm has warned [...]