FTSE 100 close: London index slips ahead of Bank of England interest rate decision as Next jumps June 19, 2023 London’s FTSE 100 slipped today ahead of a huge week for the UK economy, pushed lower by a resurgent pound knocking sentiment toward Britain’s biggest companies. The capital’s premier index fell 0.71 per cent to 7,588.49 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, [...]
Audi RS E-Tron GT review: The electric family supercar June 19, 2023 The Audi RS E-Tron GT is a luxurious and very stylish electric coupe with supercar levels of performance. Tim Pitt drives it.
Online ad spend at favoured platform Google to hit £653bn by 2026 June 19, 2023 Google is the most popular search engine among advertisers and generates the highest revenues out of all major internet companies, a study on global digital marketing has found. According to the research, conducted by linkdaddyseo.com, Google held a majority 58 per cent share in the search advertising market in 2022, beating major competitors such as [...]
Airbus wins biggest order in history of commercial aviation from Indian carrier Indigo June 19, 2023 India’s largest airline Indigo has placed the largest aircraft order in the history of commercial aviation today, ordering up to 500 of Airbus’s A320 jets. The deal for the narrow-body planes, the aerospace manufacturer’s best selling aircraft, take the total number of Airbus aircraft on order from Indigo to 1,330. The agreement was signed at [...]
McColl’s still owes £45m to unsecured creditors following collapse June 19, 2023 Unsecured creditors to McColl’s are still owed £45m following the collapse of the convenience chain. The high street grocer and newsagent, which first launched as a food stall in the late 1800’s, was acquired by Morrisons for £182m with an extra £8m to be handed to unsecured creditors. Now an administration report seen by The [...]
Everybody wins: Post Brexit trade deal with 65 nations will cut import costs and save Brits millions June 19, 2023 Developing nations are set to benefit from reduced tariffs under a new post-Brexit trading scheme launched by the UK. The Developing Countries Trading Scheme (DCTS) scheme will cut import costs for 65 countries, including 37 African nations and 26 states in Asia, Oceania and the Middle East. It will save UK firms and consumers £770m [...]
Digital stores predicted to appear on the high street as automation threatens retail jobs June 19, 2023 Large e-commerce stores are likely to crop up as physical stores across the UK high street in the next five to ten years, according to predictions aided by AI. Money saving website Savoo used AI to visualise the future of the British high street and it suggested more than 11,000 chain stores would disappear by [...]
‘Mistake’ to focus on flu in pandemic preparedness, David Cameron admits June 19, 2023 David Cameron has admitted it was a “mistake” for his government to focus too heavily on preparing for an influenza wave rather than a potential coronavirus pandemic. The former Conservative prime minister told the official Covid-19 inquiry, which is currently examining the UK’s readiness to respond to a disease outbreak, the decision led to “many [...]
Croydon tram disaster driver cleared over fatal crash June 19, 2023 A driver has been cleared over the Croydon tram disaster in which seven passengers were killed and 21 others were seriously injured. Alfred Dorris, 49, appeared visibly shaken when a jury at the Old Bailey acquitted him of failing to take “reasonable care” of the health and safety of himself and his 69 passengers on [...]
We were too slow to tackle sewage spills, UK water industry admits June 19, 2023 Water suppliers took too long to recognise the problem of storm overflows, says industry body Water UK.
