Ryanair and pilot union Balpa reach agreement on post-Covid pay restoration June 30, 2022 Ryanair and UK pilot union Balpa have today reached an agreement on post-Covid pay restoration, after staff agreed to a 20 per cent salary cut during the peak of the pandemic. The airline pledged to pay restoration for its UK staff, as it forecasts this year it will grow by 115 per cent on pre-pandemic [...]
Bitcoin price to start recovery after final ‘washout’ of crypto winter, says Fundstrat June 30, 2022 Bitcoin could face one more crash before its price recovers. A final ‘washout’ could send the price of the biggest cryptocurrency plummeting to $13,000 before it starts to go up, analysis by financial research firm Fundstrat found. Bitcoin is currently trading around $20,000. “Most short-term technicals point to an above-average chance of a final ‘washout’-style [...]
Gazprom and Uniper shares plunge as fallout from Ukraine crisis deepens June 30, 2022 Shares at two of Europe’s largest energy firms have plummeted this week, as the gas crisis and between Russia and the West escalates.
Brexit: City minister says UK changes to EU financial services rules is not ‘race to the bottom’ June 30, 2022 The UK’s changes to the EU’s catalogue of financial services rules will not become a “race to the bottom”, City minister John Glen has vowed. Glen today said the government had “an unshakeable abiding interest in a prosperous Europe” and that “it is time to put to bed” the notion that the EU will have [...]
Bus cuts will only save TfL £35m a year when £730m needed under govt plan June 30, 2022 Transport for London’s (TfL) decision to axe or amend 78 of the current 620 bus routes will only lead to a £35m cost savings per year – when £730m is required from a government plan. TfL’s operating officer Andy Lord said the savings weren’t “an insubstantial amount in the context of savings we’ve got to [...]
Seeing G7 leaders naked would be ‘a disgusting sight’ as they abuse alcohol and don’t do sports, says Putin June 30, 2022 Western leaders would look “disgusting” if they tried to emulate Putin’s bare-torso appearances, the Russian president said as he hit back at the G7 for mocking his athletic exploits. The Russian president made the comment during a visit to Turkmenistan when asked about western leaders joking about him at the G7 summit. As they sat [...]
EU draws record gas supplies from UK as National Grid reveals emergency plan to cut flows to Europe June 30, 2022 The UK has exported record amounts of gas to the continent since March as EU member states scramble to fill their gas reserves ahead of winter.
Ex-education secretary Gavin Williamson takes up second job as chair of private education firm June 30, 2022 Former UK education secretary Gavin Williamson has taken a second job as an advisor to a private education company that previously donated £165,000 to the Tory party. The MP, who stepped down from his position as education secretary last year, will chair the advisory board of education company RTC Education Ltd after taking up a [...]
‘The sex toy bubble has burst’: Brits spend less on self-pleasure as food and energy bills swallow their budgets June 30, 2022 Brits are spending less on self-pleasure as they are forced to focus on paying for food and utilities instead. Research compiled by The Open University shows that the impact of the current cost of living crisis is hitting UK consumers hard, with 83 per cent of adults are reporting a rise in the cost of living, with 51 per cent having to spend [...]
OPEC+ to avoid pledges to further boost oil output despite Western pressure June 30, 2022 Western hopes for more oil are dwindling, as the world's most influential cartel refuses to commit to September supply increases.