Bailey hot under the collar over price rises as City warns BoE inflation will scale to double its target November 15, 2021 The governor of the Bank of England is deeply agitated by red hot inflation in the UK despite voting in favour of leaving interest rates unchanged at a record low. Responding to a grilling by MPs, Andrew Bailey said he was “very uneasy about the inflation situation”. Inflation is “not of course where we want [...]
ESG, but what about the S? New City Lord Mayor seeks to improve diversity November 15, 2021 The City’s new Lord Mayor has urged that, while the financial hub’s recent environment work has been noted – more work needs to be done on diversity. “Fewer than one in 10 management roles in financial services sector are held by Black, Asian, or other ethnic minority people,” City Lord Mayor Vincent Keaveny said. “I [...]
Johnson: Get a booster jab or face Covid restrictions over winter November 15, 2021 Boris Johnson has warned that eligible people need to get their booster jabs if England is going to avoid fresh Covid restrictions over winter. Johnson today said a “new wave of Covid has steadily swept” through Europe and that “if we want to control the pandemic in the UK and avoid restrictions on our daily lives, [...]
There will be enough turkeys for Christmas, says British Poultry Council boss November 15, 2021 Though the UK will not face a severe shortage of turkeys this Christmas, choices will be limited, according to the head of the British Poultry Council (BPC). The shortage of the festive bird has been a symptom of the country’s current labour shortage, which has seen fewer retail staff, butchers and meat processing plant workers. [...]
Booster jabs to be requirement for NHS travel vaccine passports, says Johnson November 15, 2021 Booster jabs will be added to NHS vaccine passports and will be required if people want to be considered as “fully vaccinated” for international travel, according to Boris Johnson. Johnson said at a Covid press conference today that booster jabs “will make life easier for you in all sorts of ways” and that “we will [...]
On board the first post-Covid BA flight to the US November 15, 2021 What is the collective noun for a group of journalists? Google suggests “pack”, “herd”, “scoop”, and “crowd”. But the word that sprung to my mind while on the BA 001 flight to JFK, fourth glass of champagne in hand, was frenzy. A palpable excitement swelled inside our cabin as the Airbus A350 took to the [...]
Serco hikes profit forecasts on buoyant Covid-19 support work November 15, 2021 Work to support governments in their response to the Covid-19 crisis prompted outsourcer Serco to hike its profit forecasts. The firm now expects to rake in at least £225m in profits for the year, up from around the £200m set out in its previous guidance. “In the UK and Australia, volumes of work related to [...]
Interested in data? Seize your chance to ‘challenge and champion’ the agenda November 15, 2021 | City Talk Is your organisation excited or concerned about the possibilities of data? Most likely both sentiments apply. Amid the growing regulatory and corporate attention and activity focused on data, it’s difficult to keep track of what is essential for organisations to be aware of (legally) but also the emerging themes that policymakers, businesses and civil society [...]
Children injured after ceiling collapses at school in Dulwich November 15, 2021 A number of children have been taken to hospital and others were treated at the scene after a ceiling collapsed at a school in Dulwich this morning, the London fire brigade said. A ceiling collapsed on the second floor of a school on Thurlow Park Road in Dulwich this morning, and a number of people [...]
Fuel crisis continues as diesel hits record 150p milestone at the pumps November 15, 2021 The average price of diesel is more than £1.50 a litre for the first time ever, according RAC’s Fuel Watch data. Diesel prices rose to 150.50p during the weekend, while unleaded petrol soared to 146.53p, with motorists suffering record charges at the pumps for three consecutive weeks. The cost of filling up a 55-litre petrol [...]