Ashes: Just Stop Oil disrupt Lord’s Test – as Jonny Bairstow carries protestor off pitch June 28, 2023 Just Stop Oil protesters stopped the second Ashes Test, with England wicket-keeper Jonny Bairstow forced to take matters into his own hands. Ahead of the second over of the morning session at Lord’s, two protesters raced onto the pitch. Bairstow picked up one of the protesters and carried them off the pitch. The other protester [...]
Ads watchdog slams car firms for exaggerating ‘ultra-fast’ EV charging June 28, 2023 Ads for Hyundai and Toyota electric cars have been banned for exaggerating the speed of recharging and failing to mention the limited availability of the fastest chargers across the road network. Three ads for Hyundai’s IONIQ 5, seen in January last year, all stated that the car could be charged from 10% to 80% in 18 minutes using a [...]
Boots to shut 300 UK stores despite stronger sales June 28, 2023 Boots has said it will shut 300 of its stores across Britain over the next year. The historic retailer revealed the raft of closures despite posting stronger sales over the latest quarter. The move, which it said will impact stores in close proximity to other sites, will reduce its store estate from 2,200 to 1,900 [...]
Thames Water crisis: CEO quits and Whitehall draws up collapse plans June 28, 2023 Thames Water, whose CEO quit yesterday, is reported to be tapping shareholders for a cash injection, prompting Whitehall to plan for a potential collapse
Tory mayor candidate denies groping allegation in ‘strongest possible terms’ June 26, 2023 A potential Tory candidate for mayor, Daniel Korski, has denied allegations he groped a woman whilst an adviser in Number 10 in the “strongest possible terms” via a spokesperson. Daisy Goodwin, a TV producer and novelist, wrote in The Times that Korski grabbed her breast during a meeting in Downing Street in 2013. A spokesperson [...]
Jeremy Hunt to meet CMA, Ofgem, Ofwat and Ofcom over ‘profiteering’ concerns June 26, 2023 Jeremy Hunt will ask industry regulators what they are doing about any companies exploiting rampant inflation by raising prices. The Chancellor is set to meet the Competition and Markets Authority (CMA), and the watchdogs for energy, water and communications on Wednesday. He will press them on whether there is a profiteering problem in their sectors [...]
The Notebook: Sir Rocco Forte on the hated tourist tax, counteracting climate hysteria and Boris Johnson’s legacy June 26, 2023 The Notebook is a column where interesting people say interesting things. Today, it’s hotel industry giant Sir Rocco Forte, chairman of Rocco Forte Hotels My hotels in Italy, Germany and Belgium are booming. But occupancy in London is not what it was last year nor what we saw pre-pandemic. Official statistics bear this out, showing [...]
London fintech Treasuryspring raises $29m to grow cash investment platform June 26, 2023 London-based fintech Treasuryspring has bagged $29m (£23m) in a new funding round as the cash investment platform looks to increase its headcount and expand overseas. The company said today that it secured the investment in a Series B funding round led by British venture capital firm Balderton Capital, bringing the total amount the company has [...]
UK motor insurers issued worst performance in a decade last year – and it’s not looking much better for 2023 June 26, 2023 UK motor insurers delivered their worst performance in a decade last year, new data has revealed, as inflation radically jacked up the cost of claims. Car insurers’ net combined ratio (NCR), which shows claims and costs as a proportion of premiums, hit 109.5 per cent in 2022, according to new data from EY released today. [...]
Britishvolt owner raided by Australian police over tax fraud suspicions June 25, 2023 The offices of Britishvolt’s new owner were raided late last week by Australian police over suspicions of tax fraud, according to reports. The British battery firm was bought by Recharge Industries earlier this year after it collapsed into administration. Recharge is a subsidiary of Scale Facilitation, which is owned by Australian entrepreneur David Collard. According [...]
