Elizabeth line hits the 100 million milestone with Tottenham Court Road the most popular destination February 1, 2023 Over 100 million trips have been made using the Elizabeth line since it opened last May, Transport for London (TfL) has revealed. Figures from TfL show that passenger numbers have been above expected levels, with around 600,000 trips made each day. “I’m so proud that we’ve now seen more than 100 million journeys since the [...]
Lord Frost: Northern Ireland Protocol negotiated with the EU puts safety of Good Friday Agreement at risk February 1, 2023 The European Union is putting the safety of the Good Friday deal at risk by refusing to change their position on the Northern Ireland Protocol, Lord Frost, Boris Johnson’s Brexit negotiator has said. Lord Frost accused “poisonous politics” in late 2020 and 2021 of undermining the original Protocol, which he himself helped negotiate. In the [...]
FCA must increase staff pay or it risks failing the public, Unite says February 1, 2023 The Financial Conduct Authority (FCA) needs to offer its staff a better pay package or it risks becoming unable to deliver in the public interest, union Unite said. The FCA, which regulates the conduct of around 50,000 financial services businesses, has been in dispute with its workers over pay and conditions. It said it told [...]
Ukraine: Putin preparing major offensive in eastern region of Luhansk to mark anniversary of Russia’s war, officials say February 1, 2023 Russia is mustering its military might in the Luhansk region of Ukraine, local officials said, in what Kyiv suspects is preparation for an offensive in the eastern area as the first anniversary of Moscow’s invasion approaches. The Kremlin’s forces are expelling local residents from their homes near the Russian-held parts of the front line so [...]
Octopus swallows £150m loss from rising energy bills before Bulb buy-out customer boom February 1, 2023 Octopus has reported another year of losses after the supplier opted to swallow a £150m bill in rising wholesale costs.
German inflation bungle takes shine off euro figures as ECB remains committed to aggressive rate hikes February 1, 2023 Inflation in the eurozone fell again last month but experts have warned the drop will not convince the European Central Bank (ECB) to stop hiking interest rates aggressively. The rate of price increases among the group of 19 countries using the euro dropped to 8.5 per cent annually, down from 9.2 per cent, according to [...]
Severn Trent becomes first FTSE 100 firm to have female chair, CEO and CFO February 1, 2023 Boardroom history was made this morning as Severn Trent became the first and only FTSE 100 firm to appoint women to the company’s three top positions of chair, chief executive and chief financial officer. The water company announced the news with the appointment of Helen Miles as the firm’s new CFO, previously the capital and [...]
Bitcoin back into green territory as important day for markets looms February 1, 2023 The price of Bitcoin is trading up by a slight margin (0.24%) over 24 hours as it’s another day of wait and see for investors.
Flat owners win Supreme Court privacy case over Tate Modern viewing platform February 1, 2023 The owners of four flats overlooked by the Tate Modern in London have won a Supreme Court privacy bid over the use of the gallery’s viewing platform. Residents of the Neo Bankside development on the capital’s South Bank took legal action against the gallery’s board of trustees in a bid to stop “hundreds of thousands [...]
Vodafone shares fall after European revenues hit by price pressures February 1, 2023 Shares in Vodafone today fell almost two per cent after the telecoms firm said its European revenues dropped over the previous year as price pressures have hit its business. Analysts warned the slide in Vodafone’s revenues comes as company chief executive Margherita Della Valle’s first test as head of the telecoms company after she took [...]
