‘Job perk’ or employment right? Flexible working a step closer to being law May 19, 2023 Peers have supported moves to give employees the right to request flexible working from their first day in a job. The Employment Relations (Flexible Working) Bill is a “very welcome starting point and not an end point” for reforming working conditions, according to Labour. The measures are supported by the Government and received an unopposed [...]
Plans to shake up British railway network could be watered down as new powers likely delayed May 19, 2023 Plans to shake up the railway network may be watered down as legislation to give powers to a proposed new public sector body could be delayed, it has been reported. Great British Railways (GBR), announced in 2021 by then-prime minister Boris Johnson as a way to simplify the rail network and improve services for passengers, [...]
Smiths: Arm making X-ray machines for airports has strong quarter as revenue guidance lifted, share price up May 19, 2023 Engineering company Smiths Group has upped its guidance after the company’s unit that makes X-ray machines for airports saw a strong quarter. The business said it now expects 10 per cent organic revenue growth this financial year. It comes as revenue rose by 13.4 per cent in the nine months to the end of April, [...]
Europa Conference League: UEFA to investigate after AZ Alkmaar fans confront West Ham players’ families May 19, 2023 UEFA is expected to launch an investigation into the trouble that marred West Ham’s Europa Conference League semi-final victory at AZ Alkmaar, with Dutch police saying there have been no arrests yet. Pablo Fornals’ injury-time winner, that earned a 3-1 aggregate success and sent them to next month’s final in Prague, prompted a gang of [...]
The Smiths’ bassist Andy Rourke dies aged 59, Johnny Marr leads tributes May 19, 2023 The Smiths’ bassist Andy Rourke has died aged 59, his former bandmate Johnny Marr has said. A post on Marr’s Twitter account said on Friday morning: “It is with deep sadness that we announce the passing of Andy Rourke after a lengthy illness with pancreatic cancer. “Andy will be remembered as a kind and beautiful [...]
Russia blood diamonds are latest Kremlin sanction from UK as Sunak goes after 86 more Putin-linked individuals May 19, 2023 Britain is banning Russian diamonds in a new wave of sanctions to pressure Vladimir Putin over his invasion of Ukraine as Rishi Sunak warns allies against complacency at the G7 summit in Japan. The Prime Minister announced the new measures against Russia, also including a prohibition on imports of Russian-origin copper, aluminium and nickel on [...]
Stocks on Wall Street rise despite hint Fed’s rate hikes may NOT be over May 19, 2023 Stocks rose again on Thursday after more companies reported better profits than expected, while yields climbed after a Federal Reserve official cautioned the end to its interest-rate hikes may not arrive as soon as Wall Street hoped. The S&P 500 gained 0.9 per cent , adding to its rally from the day before as hopes [...]
Consumer confidence continues to recover as double-digit inflation fails to deter Brits from splashing cash May 19, 2023 Consumer confidence in the year ahead is continuing to recover despite persistent cost-of-living pressures, a long-running survey suggests. GfK’s Consumer Confidence Index rose by three points in May to minus 27, the fourth monthly increase in a row from January’s minus 45. Confidence in personal finances over the coming 12 months saw a “robust” five-point [...]
Rich list: Richard Branson and Rishi Sunak see fortunes shrink – but who are the wealthiest Brits now? May 19, 2023 The billionaire Hinduja family have topped the Sunday Times Rich List for the second year in a row as their fortune jumped by more than £6 billion. Gopi Hinduja and his family, which is behind the Indian conglomerate Hinduja Group, were named as Britain’s richest just days after Mr Hinduja’s brother Sri died. For the [...]
London crowned best city brand in the world May 18, 2023 London has been crowned the best city brand in the world, according to a new international league table. London topped the leader board of Brand Finance’s new City Index, which was based on a survey of 15,000 people in 20 countries. With a score of 84.6 out of 100, London recorded a stronger brand perception [...]