Oil prices slide on Israel vow to avoid Iran refineries with retaliation October 15, 2024 Oil prices tumbled by over four per cent on Tuesday after soft economic readings from China and reports that Israel has assured the US it would avoid oil and nuclear facilities in its expected retaliation on Iran. The price of Brent crude dropped 4.4 per cent – or $3.42 (£2.61) a barrel – and WTI [...]
PwC UK profit falls as partner pay drops to £862,000 against backdrop of AI push September 25, 2024 PwC UK has reported single-digit growth in revenue but on the backdrop of the groups profits and partner pay dropping, again
UK and US spy chiefs ‘working ceaselessly’ for Gaza ceasefire September 7, 2024 British and American spy chiefs have said they are together “working ceaselessly” for a ceasefire and hostage deal in Gaza, in a rare public statement. MI6 chief Sir Richard Moore and CIA director Bill Burns said the agencies have “exploited our intelligence channels to push hard for restraint and de-escalation” in the Middle East. In [...]
UK-Germany: No post-Brexit youth mobility scheme but defence deal at ‘heart’ of treaty August 28, 2024 A new UK-Germany treaty will have a fresh defence agreement “at its heart”, Sir Keir Starmer has said, as he insisted there are no “plans” for a youth mobility scheme. The Prime Minister spoke at the German chancellery in Berlin alongside Chancellor Olaf Scholz during a press conference to announce the launch of talks for [...]
British Airways and Wizz Air suspend flights to Israel amid escalation August 25, 2024 British Airways and Wizz Air flights between the UK and Israel have been cancelled following an escalation of hostilities in the Middle East overnight. British Airways has halted its flights between Heathrow and Tel Aviv in both directions between Sunday and Wednesday, the airline said. Wizz Air also said it is “temporarily suspending” flights to [...]
Military sent to help as Lammy tells UK citizens ‘leave Lebanon now’ August 3, 2024 Military personnel and consular experts have been deployed to the Middle East to help British nationals in the region as ministers warned the “situation could deteriorate rapidly”.
Mandarin Oriental: Five-star London hotel issues warning ahead of Trump v Biden rematch June 12, 2024 The luxury Mandarin Oriental hotel in London's Hyde Park has warned that the upcoming US election between President Joe Biden and Donald Trump is impacting the number of international guests heading to the capital.
Cohort: Ukraine and Middle East conflicts drive record orders for defence firm May 23, 2024 Defence technology company Cohort received record orders last year, driven by ongoing conflict in Ukraine and the Middle East.
Losses mount for Lebanese restaurant group Comptoir May 21, 2024 The group behind Lebanese restaurants Comptoir Libanais and Yalla Yalla has reported losses of £1.6m, following what bosses describe as a year of “erratic” footfall and soaring costs.
Smiggle creates over 100 UK jobs as sales and profits edge up May 3, 2024 Smiggle created more than 100 jobs as its UK revenue and profits edged up during its latest financial year, it has been revealed.