Inflation will not hit us as much, says boss of airline Play August 23, 2022 Inflation will not hit Icelandic low-cost carrier Play as much as bigger competitors, according to chief executive Birgir Jonsonn. “Some people will not travel because of [the cost of living],” he told City A.M. “But if they do, then I think more people will look for the most economical way of travelling and this is [...]
More than just hot air: the UK should be the home of a carbon market that actually works October 20, 2023 This year, peatland ecosystems in the Indonesian districts of Katigan and Kotawaringin Timur – covering an area roughly the size of London – will lock away the carbon emissions equivalent of two million cars. Thousands of miles away, powered by Icelandic geothermal energy, Climeworks’s spaceship-esq Orca project is busily sucking carbon dioxide out of the [...]
Rachel Reeves: Labour has ‘no intention’ of restoring bankers’ bonus cap January 31, 2024 Labour has “no intention” of restoring the cap on bankers’ bonuses, Rachel Reeves has said.
Iceland hires 3,000 workers to keep up with online delivery demand September 8, 2020 Iceland has created more than 3,000 new jobs as the supermarket seeks to meet the surging demand for home deliveries created by the coronavirus lockdown. The budget supermarket announced this afternoon demand for deliveries increased four-fold after the lockdown was announced, with online shopping orders jumping 300 per cent since August last year. Iceland said [...]
Waitrose eyes deal with Amazon to sell groceries online in latest sales push October 9, 2023 Waitrose groceries could be sold on Amazon as part of a new deal being discussed by the upmarket grocer and delivery giant. The pair are reportedly considering the tie-up after the John Lewis-owned supermarket cut ties with Ocado nearly three years ago, according to reports published in The Telegraph. Amazon has recently struck up a [...]
Iceland’s founding family mulls buying bigger stake March 10, 2020 Iceland’s founder could seek to regain ownership of the supermarket when South African investment company Brait sells its stake. Brait, which owns around 63 per cent of the frozen food specialist, said in November it plans to offload its stake in several British companies, including Iceland, in the next five years. It will also sell [...]
2024 holidays: book a trip to the happiest country in Europe January 2, 2024 The home of Guinness has been called the happiest place in Europe to visit for a holiday
Digital 9 Infrastructure pays off debt ahead of wind-down vote March 25, 2024 The trust said it would be exploring a range of options, such as staying with Triple Point for a cheaper fee, finding a new investment manager or becoming self-managed.
Tesco, Sainsbury’s, Aldi: Who owns Britain’s biggest supermarkets after Asda takeover? June 12, 2024 British supermarkets like Tesco, Asda, Sainsburys, and Waitrose might be household names, but who is pulling their strings?
Branthwaite and Gordon in, Phillips out as Southgate hints at Euro 2024 England squad March 14, 2024 England play Brazil and Belgium this month in their last friendlies before the Euro 2024 squad is named.