Tories turn up the heat on Ofwat as Thames Water scrambles for £1bn in funds June 28, 2023 A front-bench member of the cabinet has raised concerns over the future of Thames Water, amid its desperate bid for funds from investors.
Groping allegation against Tory mayoral hopeful Korski ‘very serious’, No 10 says June 28, 2023 Downing Street has described the groping allegation against Tory mayoral hopeful Daniel Korski as “very serious”. No 10 also indicated prime minister Rishi Sunak would urge any further complainants to come forward. Television producer Daisy Goodwin made a formal complaint after she publicly accused the former adviser of sexually assaulting her during a meeting in [...]
Business travel is back and ‘buoyant’, new data shows June 28, 2023 Business travel is back and “buoyant”, according to new data from the Advantage Travel Partnerships’ Global Business Travel Review, with the business community booking more trips and for longer periods. Booking volumes in the UK’s business travel market, covering aviation, rail and accommodation, hit 90.8 per cent of pre-pandemic levels in the first quarter of [...]
PMQs Sketch: Starmer and Sunak on everyone’s last nerve June 28, 2023 While Thames Water was on the verge of collapse, Sunak and Starmer spent PMQs drawling on about housing targets.
One Media reports revenue jump as copyright detection tool takes off June 28, 2023 One Media today reported a 15 per cent jump in revenue as its new copyright detection technology proves increasingly popular. The AIM-listed digital media rights group saw its revenue increase to £2.7m in the first half of last year, up from £2.4m for the same period last year. Some £2.5m of this revenue were driven [...]
Coal plants to be unavailable for winter supply squeeze June 28, 2023 Two British coal plant operators, whose plants were available last winter, will be unable to provide back-up power this winter.
Clearpay jobs at risk as BNPL firm winds down EU business June 28, 2023 Buy-now pay-later giant Clearpay is shutting down its EU operations and could lay off all its European staff, City A.M. can reveal.
UK aviation could be put at a ‘competitive disadvantage’ by looming transit fee June 28, 2023 A new transit fee for passengers travelling through UK airports could put the country’s aviation sector at a “competitive disadvantage” as passengers opt to travel via other countries, airline groups have warned. Under the incoming changes, visa-exempt travellers passing through Britain will be required to pay £10 fee and apply for an online permit, known [...]
Brands in London “suffering”: Fresh calls to scrap ‘tourist tax’ amid Mulberry losses June 28, 2023 Fresh calls have been made to reinstate VAT-free shopping for international tourists, after the chief of Mulberry warned its profits have been hit hard by it as they ditch London for Paris and Milan. Pre-tax profit at the British handbag maker fell to £13.2m in the year to April, down from £21.3m the prior year. [...]
FCA risks ‘watering down’ investor protection in bid to revive London, 10 top pension funds warn June 28, 2023 The Financial Conduct Authority risks “watering down” investor protections in its push to revive the appeal of London’s markets, a group of top pension has claimed today.
