Bank of England economy warning sends London markets lower July 5, 2022 London markets were dragged lower today by the Bank of England warning the UK economy is headed for a tough time over the coming year. The capital’s premier index shed nearly three per cent to close at 7,025.47 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the [...]
Social media blows up after Premier League footballer accused of rape is re-arrested as second victim emerges July 5, 2022 The internet’s social media platforms are in overdrive this afternoon as thousands of Brits are searching the web to find out the name of the Premier League footballer who was arrested for rape and was re-arrested as two more women are reportedly making similar claims. The Premier League footballer was reportedly been arrested in north [...]
Fire Bridges Union wins permission to challenge govt’s pension reforms via judicial review July 5, 2022 Public sector workers’ unions have been given permission to challenge a UK government’s pensions policy through a judicial review. A coalition of unions, led by the UK’s Fire Brigades Union (FBU), will be allowed to challenge the government’s decision to force members to pay for changes to public sector pensions schemes, instead of footing the [...]
FCA brings in six directors and hires ‘almost 500’ to meet expanding remit July 5, 2022 The City watchdog said today it had bolstered its senior leadership team and hired almost 500 people in the past six months as it races to keep up with a rapidly expanding remit.
Govt does not embrace gender neutrality as all new public buildings in UK will have separate male and female toilets July 5, 2022 All new public buildings to have separate male and female toilets, the government has announced. The Department for Levelling Up, Housing and Communities confirmed the move on Monday, citing “safety concerns” raised by some women over the rise in “gender neutral” facilities. The approach follows a call for evidence which gathered a wide range of [...]
Businesses warn of strikes’ impact on London ahead of train drivers’ historic ballot July 5, 2022 Businesses have warned of the impact of strikes on the capital’s economy ahead of Monday’s national ballot called by train driver union Aslef. “At a time when London businesses are facing several crises, including increasing costs, rising inflation and adapting to hybrid working, it’s important that government and rail unions work together to find a [...]
Lurpak row: ASDA says £6 butter with security tag is not UK-wide policy or related to cost of living crisis July 5, 2022 ASDA has said it does not have a UK-wide policy to put security tags on butter in relation to the cost of living crisis. The supermarket giant responded after a journalist shared an image on social media, showing a pack of Lurpak in one of its stores, costing £6, with a tag on. This comes [...]
West under pressure to secure energy supplies as Norwegian offshore workers go on strike July 5, 2022 Europe faces further pressure in securing supplies ahead of winter , after Norwegian oil and gas workers went on strike today.
M&S shareholders rebel over outgoing boss Steve Rowe bonanza £1.6m bonus at AGM July 5, 2022 A significant minority of M&S shareholders protested a £1.6m bonus payout to former top boss Steve Rowe at the supermarket’s AGM on Tuesday. After the digitally-held meeting, the grocer said all its resolutions had been approved “with substantial support,” with some 70 per cent of votes in support of its remuneration policy. Some critics had [...]
Forklift maker Manitou infringed JCB’s patent, UK High Court rules July 5, 2022 French forklift manufacturer Manitou infringed JCB’s intellectual property rights through its use of patented stability control systems in its “telehandler” machines, a UK High Court has said. The British heavy vehicle manufacturer is now seeking costs and damages from Manitou, after the court said the French firm infringed JCB’s patent by using patented safety control [...]