BA boss to steer airline off cost-cutting course in attempt to save summer season July 9, 2023 British Airways (BA) boss Sean Doyle is determined to salvage the summer season for the airline as it attempts to recover from a series of setbacks and poor customer service under former chief exec Alex Cruz. Doyle has set his sights sky-high in a comprehensive overhaul of the carrier’s operations as he looks to “rebuild [...]
President Joe Biden to land in UK amid cluster bombs row over Ukraine July 9, 2023 President Joe Biden is set to land in the UK today amid an international row over the US supplying cluster bombs to Ukraine. The trip, which the White House hopes will “showcase the president’s leadership on the world stage”, is expected to be dominated by the weapons and Ukraine’s potential NATO entry. Biden has committed [...]
Rachel Reeves: Labour’s fiscal rules ‘non-negotiable’ July 9, 2023 Rachel Reeves has vowed Labour’s fiscal rules are “non-negotiable” as she pledged that her party would “never play fast and loose with the public finances”. Discussing Labour’s plans to invest £28bn a year into green jobs and industry, which has since been watered down, the shadow chancellor said she was “confident” Labour could meet this [...]
Watchdog opens fewer cases than last year but still keeping close eye on wrongdoers July 9, 2023 The number of enforcement cases opened by the Financial Conduct Authority’s (FCA) dropped last year, but experts suggested the regulator was not resting on its laurels. According to a Freedom of Information request submitted by law firm Reed Smith, in the year to March, the number of cases opened against firms dropped 67 per cent [...]
China sends warships and fighter jets near Taiwan during US Beijing visit July 8, 2023 China’s People’s Liberation Army has sent 13 aircraft and six vessels into airspace and waters around Taiwan.
Siemens Energy deepens in-house probe into turbine problems July 8, 2023 Siemens Energy's board has set up a task force to establish the scope of deepening problems at its crisis-ridden wind turbine division.
Richard Sharp speaks out after resignation: BBC chair is a ‘target’ July 8, 2023 Former chair Richard Sharp has said that the BBC chairman position is a “target” and whoever holds it is “vulnerable.”
Hunt downplays tax cuts odds, conceding calming inflation is tougher than feared July 8, 2023 Tax cuts was growing less likely as Chancellor Jeremy Hunt signalled the pledge to halve inflation was proving harder than expected.
Oil prices up three per cent to nine-week high on supply concerns July 8, 2023 Oil prices climbed about three per cent to a nine-week high on Friday as supply concerns and technical buying outweighed fears that further interest rate hikes could slow economic growth and reduce demand for oil. Brent futures rose $1.95, or 2.6 per cent, to settle at $78.47 a barrel, while U.S. West Texas Intermediate crude [...]
Boulter carries British hopes at Wimbledon after Norrie, Murray and Broady lose July 8, 2023 Britain’s hopes at Wimbledon rest with Katie Boulter after a trio of British men’s players crashed out within around 90 minutes on day five.
