Searches for pools up 438 per cent as millions of burgers and sausages to be sold for first BBQ weekend June 9, 2023 The sale of barbecue food, ice-cream and inflatable pools have skyrocketed, as Brits prepare for the first BBQ weekend of the summer. Supermarkets Tesco, Asda and Sainsbury’s have all reported huge spikes in the sale of meat, as millions will enjoy the hot weather and have the first barbecue of the summer. This comes after [...]
Explainer: The impact of floods on Ukrainian farmlands after the destruction of the Kakhovka dam June 9, 2023 On Tuesday, the Kakhovka hydroelectric power plant and dam in Ukraine was destroyed, causing floods of disastrous proportions. The dam was the largest reservoir in the country in terms of volume. Ukraine blamed it on Russia, saying it destroyed the dam to block Ukrainian troops in their counter-offensive. Russia, of course, blamed Ukraine, without providing [...]
Why the UK should capitalise on its competitive advantage in crypto June 9, 2023 Neil Foster of Brown Rudnick details the massive opportunity for the whole crypto industry laid out at the UK's door waiting to be seized.
London workers are £50,000 worse since 2010 due to wage stagnation, Sadiq Khan report claims June 9, 2023 Workers in London are £50,000 worse off since 2010 due to “scandalous” poor wage growth over the past decade, according to a new report. An analysis from London Mayor Sadiq Khan suggested that workers in the capital have lost thousands of pounds every year as their salaries have failed to keep pace with inflation. In [...]
Shoe Zone: Shares up almost eight per cent after better-than-expected sales June 9, 2023 High street retailer Shoe Zone has revealed that spring sales surpassed expectations after strong trade in recent weeks. Shares in the company took a step in the right direction as a result, rising by more than 7% on Friday morning. The discount shoe brand said sales since its previous update on May 16 have “exceeded [...]
BAE wins £270m contract for Royal Navy radars creating hundreds of jobs June 9, 2023 Defence giant BAE Systems has been awarded a 10-year contract worth £270 million to support the Royal Navy’s three main radar systems, securing hundreds of jobs. Every major Royal Navy ship from the Queen Elizabeth Class aircraft carriers to the Type 45 destroyers features at least one of the systems, which are designed and built [...]
Halfords investors looking for progress after profit warning earlier in the year June 9, 2023 Investors in Halfords will be hoping the retailer has made progress in repairing holes in its workforce as it is set to unveil its full-year financial results. The bike and car parts seller warned over its profits earlier in the year amid a shortage of mechanics. The firm, which also services cars and bikes and [...]
Planet Crypto: The Secret Diary of Sam Bankman-Fried, aged 30 and ¾ June 9, 2023 More mirth from the comedic crayons of Planet Crypto as they delve deep into the diaries of Sam Bankman-Fried and see what FTX is up to.
Three injured as drone crashesd into Russian building – while Ukraine recovers from flood damage from dam destruction June 9, 2023 Three people have been injured after a drone crashed into a residential building in a city in south-western Russia near the border with Ukraine, the regional governor said. The latest drone attack to target Russian cities in recent weeks comes as Ukraine has been intensifying its efforts to expel Russian forces from a vast swathe [...]
Softened windfall tax not enough to turn tide on falling North Sea investment, Hunt warned June 9, 2023 The government needs to do more than soften the windfall tax to reassure troubled North Sea oil and gas companies warned OEUK.