Fourth time’s the charm: Government prepares Covid boosters for over 50s this autumn July 16, 2022 Covid boosters will be offered to everyone aged 50 this autumn, as the Government looks to contain hospitalisations and severe illness.
Sunak and Truss clash over taxes in fiery TV debate as Tory leadership race heats up July 16, 2022 Two of the frontrunners to be the next Prime Minister locked horns over taxes during a fiery leadership debate.
Exclusive: Starmer says UK can be better off outside EU than inside July 16, 2022 Labour leader Sir Keir Starmer has told City A.M. that the UK can have a better economic future outside the EU than inside if the government slashes post-Brexit red tape and diverges from Brussels’ regulations. Starmer, formerly a staunch Remainer and advocate of a second referendum, said this can only be done through greater “flexibility” [...]
Exclusive: Pensions minister launches taskforce to scrutinise ‘social’ ESG investment July 16, 2022 Ministers have launched a new taskforce to scrutinise environmental, social and governance (ESG) investing by pension schemes today, amid concerns that the 'social’ factor of investment has been neglected by fund managers in recent years.
‘Delete Twitter’ searches soar by 204 per cent as app crashing and Musk deal falters July 15, 2022 Searches for “Delete Twitter” surged by 204 per cent after the app crashed and Elon Musk pulled out of his $44bn (£37.2bn) bid to buy the social media platform. Searches to delete Twitter rose to more than double the average amount after users were unable to load any content on the app yesterday, research by [...]
Insurers could speed up rewriting policies to reduce exposure to claims following crypto crash July 15, 2022 The drastic crash in the crypto market could lead to insurers speed up rewriting policies to reduce exposure to claims. Following the crypto rout, which has seen prices of major cryptocurrencies plummeting and wiped out billions of dollars from the market, insurers will likely review or amend policy wordings to avoid indirectly insuring losses from [...]
Channel 4 chief pockets more than £1m as Alex Mahon is handed biggest bonus possible July 15, 2022 Annual reports from broadcaster Channel 4 show this afternoon that its chief executive received a salary of more than £1m last year. Alex Mahon was handed the biggest bonus possible after the number of people watching the company’s programmes online boomed. She was paid £1.2m in 2021, compared with £991,000 a year earlier, as her [...]
Heatwave: Network Rail sets speed limitations as car breakdowns increase by 20 per cent July 15, 2022 Soaring temperatures are expected to hit England this week, prompting the country’s transport network to batten down the hatches. The Met Office issued today an extreme red heat warning for the first time ever, as temperatures are set to reach between 38 and 40 degrees on Monday and Tuesday. Rail and TfL Network Rail announced it [...]
Refuse collection workers go head to head with Serco as they plan to strike during Commonwealth Games July 15, 2022 Refuse collection workers in the West Midlands are to strike on the opening week of the Commonwealth Games. Members of the GMB union will take five days of action – on July 28, when the Games open in Birmingham, July 29 and August 4, 5 and 8. The union said private contractor Serco, which runs [...]
UK in good stead to regulate crypto as specific laws needed, S&P Global says July 15, 2022 The UK is in strong position to regulate crypto and remain a financial hub as tailored laws are needed to prevent investors from facing “substantial risk”, S&P Global said. “Crypto asset investors face substantial risk without built-for- purpose laws and regulation,” the financial information giant said in a report yesterday. “Policymakers will have to move [...]