Letters: The Met’s trust challenge June 14, 2022 [Re: Crime in our capital city will stay high unless confidence in the Met is restored, June 10] As the cost-of-living crisis continues to bite, we’re seeing fresh waves of concern about a potential spike in crime figures . The Met currently has more police officers than ever before, yet it appears there is still [...]
Andrew Bailey to face MPs over British Steel pensions scandal with former FCA boss under fire June 13, 2022 BANK of England governor Andrew Bailey will face MPs later today as he faces questions over his then-role at the top of the financial watchdog during the British Steel pension scheme. When Tata Steel — British Steel’s owner — was in financial difficulty in 2017, The Pensions Regulator allowed staff to transfer their pensions out [...]
Food strategy ‘half baked’ say farmers but producers’ body gives guarded welcome June 13, 2022 THE GOVERNMENT is set to ditch plans to put increased taxes on sugary and salty foods in its food strategy, set to be published today. The strategy will also put in place an independent review into labour shortages in the food supply chain, with a lack of workers causing farmers real issues in recent months. [...]
London outpaces UK growth in May but signs of hard times begin to emerge June 13, 2022 LONDON’S businesses outperformed the rest of the UK in May but there are signs staff shortages and inflation are starting to bite, according to a closely-watched business activity index. Natwest’s monthly tracker of both manufacturing and services suggests London’s businesses continued to expand last month but at the slowest rate since the ‘pingdemic’ last year. [...]
Letters: The pitfalls of Right to Buy June 13, 2022 [Re: Johnson unveils series of housing reforms to increase home ownership, June 9] Boris Johnson announced new policies to support home ownership on Thursday including a Right to Buy (RTB) scheme enabling housing association tenants to purchase their home. I strongly agree that it is wrong that so many households are precluded from the benefits [...]
Tesco to reveal consumer spending habits with update this week June 12, 2022 Supermarket giant Tesco is set to shed more light on how customer spending is holding up as shoppers deal with rapidly increasing food inflation. The UK’s biggest grocer will reveal how trading has performed over the three months to May when it updates shareholders on Friday June 17. Tesco has been resilient despite pressure on [...]
Letters: Taking care of customers June 10, 2022 [Re: No more Netflix and chill: Consumers cancel subscriptions and miss out on meals out amid historic inflation, June 7] In a week with an avalanche of new retail data, it is easy to miss the big picture. The BRC data has a clear message: online is here to stay. Hasty predictions that online would [...]
Letters: Action, not words June 9, 2022 [Re: Watchdog bans Tesco Plant Chef ads over ‘misleading’ claims, yesterday] Tesco is the latest in a line of household name organisations being criticised for their environmental claims. Many businesses overlook the real business and legal implications that greenwashing can have. Sustainability is a deeply complicated area, and it isn’t purely reputational. Businesses are eager [...]
Letters: Making an entrance June 8, 2022 [Re: Apple launches buy-now-pay later offering, yesterday] The fact that Apple has officially entered the buy-now pay-later space brings an appetite for ecommerce to the forefront. From a surge in online shopping to an increase in edtech, owing to physical restrictions, the pandemic has accelerated the already burgeoning space of e-commerce. As a result, the [...]
Rail stakeholders drag government for axing £3bn HS2-West Coast link June 7, 2022 Rail stakeholders have dragged the government for its decision to axe a £3bn link between HS2 and the West Coast Main Line. According to a joint statement published today by the Railway Industry Association (RIA), High Speed Rail Group and Rail Freight Group, scrapping the link will create a bottleneck north of Crewe. The link [...]