‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Will Heathrow airport’s resurgence boost the profits of British Airways’ owner IAG? February 17, 2023 British Airways’ parent company is set to return to profit for the past year as it continues its turbulent recovery. International Consolidated Airlines (IAG), which also runs Spanish operator Iberia, will reveal its latest annual financial figures on Friday February 24. It comes amid early positivity in the sector, which has helped support a 30 [...]
Liz Truss: Former PM urges nations to ‘learn lessons of Russian aggression and stand up to China’ February 17, 2023 Liz Truss has urged democratic nations to stand up to China and learn the lessons of not taking earlier and tougher action against Russia. Speaking in Japan in her first public speech since her resignation as prime minister, Ms Truss called on the international community to agree a co-ordinated package of defence, economic and political [...]
Strikes: RMT workers to stage another walkout over pay, jobs and conditions February 17, 2023 Rail workers are to stage a series of fresh strikes in the long-running dispute over pay, jobs and conditions. Members of the Rail, Martine and Transport union (RMT) will walk out on March 16, 18 and 30, and April 1, at 14 train operators. The union’s members at Network Rail will strike on March 16 and will [...]
Weekend weather warning: Storm Otto to bring high winds, rain, and travel disruption to parts of the UK February 17, 2023 Storm Otto is set to cause disruption to parts of Scotland and north-east England as it moves across the UK on Friday. The storm, the first to be named this winter, has been labelled Otto by the Danish Meteorological Institute (DMI) and is expected to bring disruption to travellers across northern areas of the UK. [...]
The Square Mile and Me: PwC chair Kevin Ellis on favourite city haunts and the pub he started his career in February 16, 2023 This week PwC’s chair and senior partner Kevin Ellis tells us the stories of his beloved City haunts, including the pub where he started his career and the spots he uses to lift his spirits. What was your first job? My first job was delivering double-glazing leaflets around Chingford in East London where I grew [...]
Ads for delivery service Gorillas banned for drugs, sex and alcohol content February 15, 2023 Ads for grocery delivery service Gorillas have been banned for featuring offensive references to drugs, sex and excessive or unhealthy drinking. The TV, video on demand and social media ads, seen in April last year, featured a series of short scenes, starting with a man chopping lemons as the voiceover stated “London loves acid.” Other [...]
‘Mortgage chaos’ of last few months eases as available deals surpass 4,000 February 13, 2023 The number of mortgage deals available has surpassed 4,000 for the first time in six months according to a financial information website. Moneyfacts.co.uk, which counts the number of mortgage products at the start of each month, said 4,341 deals were available on 1 February compared with 3,643 products at the start of January. Many mortgage [...]
Just three per cent of people have missed work as a result of train and teacher strikes, government survey suggests February 10, 2023 Strikes have had little impact on people being able to work, figures have suggested. A wave of industrial action has been taking place in various sectors as disputes with the Government over pay and conditions rumble on. Almost half (43 per cent) of adults surveyed by the Office for National Statistics (ONS) stated that such [...]
Composer Burt Bacharach dies age 94 February 9, 2023 Burt Bacharach, the composer of classic pop songs including I Say A Little Prayer and Walk On By, has died at the age of 94. His publicist confirmed to the PA news agency that he died surrounded by relatives at home on Wednesday, and said Bacharach’s family requested privacy at this time. The songwriter and [...]
Tesco versus Lidl: Two of UK’s largest supermarkets go to court over use of yellow logo February 7, 2023 Supermarkets Tesco and Lidl have begun a High Court fight over the use of a yellow circle logo. German discount chain Lidl says a trademark, and copyright, has been infringed, while Tesco has made a counterclaim. Lidl uses a yellow circle in its main logo, and Tesco uses one to highlight offers available to members [...]
