Further overtime ban dates announced by rail union ASLEF for mid July July 3, 2023 Train drivers’ union ASLEF have announced another week of strike action, while banning overtime work between Monday 17 and Saturday 22 July. The announcement coincides with the first day of this week’s six day overtime ban, with rail passengers now hit by chaos on 12 days this month. The new strike dates from the RMT [...]
CMA takes aim at supermarkets for weakening fuel price competition – as Brits pay nearly £1bn more for fuel July 3, 2023 Increased supermarket profit margins led to drivers paying almost £1bn more for fuel last year, the Competition and Markets Authority (CMA) has found. Following a year long investigation, the watchdog said today that average supermarket fuel margins rose by 6p per litre between 2019 and 2022, with £900m syphoned out of customers pockets in total. [...]
Week begins with green candles as Ethereum breaks out July 3, 2023 Bitcoin continues its sideways momentum, holding steady above $30,600, with the majority of the large caps up in the last 24 hours.
FCA: Insurers must put ‘wrongs right’ and are failing the vulnerable in cost of living squeeze July 3, 2023 Insurers are failing vulnerable customers and need to put “wrongs right” as Brits are hammered by a cost of living crunch, the Financial Conduct Authority has warned today.
Train union boss threatens 10 or 20 years of strife: ‘We’ll keep taking action until someone listens’ July 3, 2023 The boss of the train drivers’ union has threatened further industrial action, ahead of another week of disruption on the railways – which is set to impact Wimbledon too. Rail passengers have been warned of disruption across six days between Monday and Saturday, as the Aslef Union, headed by Mick Whelan, initiates a nationwide ban [...]
JD Sports to open 50 stores and spend £3bn in Middle East expansion July 3, 2023 JD Sports Fashion will open about 50 stores in the Middle East after agreeing its first ever franchise deal with Dubai-based GMG, as it kicks ahead with athleisure expansion plans. Britain’s biggest sportswear retailer said its entry into the region forms part of it strategy to expand into underpenetrated markets. The 10-year agreement will focus [...]
Co-Op to offer water burials in bid to make funerals more sustainable July 3, 2023 Co-op Funeralcare has announced plans to offer a new form of burial as a sustainable alternative to traditional burials or cremation. The UK’s largest funeral provider announced on Sunday that it will introduce the practice, called resomation – also known as water cremation or alkaline hydrolysis – later this year. The practice consists of the [...]
PwC fires eight Aussie partners including former CEO over tax leaking scandal July 3, 2023 PwC Australia has fired eight partners including its former chief executive as it scrambles to draw a line under a government leaking scandal that has engulfed the firm down under.
Rain raises Rhine river water in Germany, north still too shallow July 3, 2023 Water levels on the river Rhine in Germany have risen after rain but are still too low in northern and central areas for cargo vessels.
Oil markets await new signals as demand fears offset supply cuts July 3, 2023 Oil prices have barely moved this morning, with concerns over demand growth offsetting expectations of tighter supplies later this year.
