Police attacked again at illegal Notting Hill party June 26, 2020 Police officers have been attacked for the second night in a row while trying to disperse an illegal party in Notting Hill. Writing on Twitter, the Met Police said that objects had been thrown at police at an unlicensed music event near Colville Gardens in west London. The situation arose after 22 police officers were [...]
Car production slump continues in May despite factories restarting June 26, 2020 The country’s car manufacturers produced a mere 5,314 vehicles in May as output stalled for the second consecutive month due to coronavirus. New data from the Society of Motor Manufacturers and Traders (SMMT) showed that although two-thirds of the country’s car plants restarted work last month, output was severely curtailed due to social distancing requirements [...]
Ofgem to bring in new checks on energy suppliers June 25, 2020 The UK’s energy watchdog will put in place more stringent checks on the country’s energy suppliers after a spate of collapses over the last two years. Ofgem today laid out a new set of proposals to increase scrutiny on the domestic market, having already set out tougher regulations for new entrants to the sector. A [...]
Easyjet confirms more international flights to restart from 1 July June 25, 2020 Easyjet has confirmed plans to begin flying from airports across Europe from July, the low-cost carrier said this morning. After restarting its services with a small number of flights last week, the airline today outlined plans to expand both domestic and international operations. From 1 July, Easyjet will operate 500 flights a day across Europe, [...]
Mitie snaps up Interserve facilities arm to create outsourcing giant June 25, 2020 Mitie will buy the facilities management arm of rival outsourcer Interserve for £271m, the company announced today, creating a new business with nearly 80,000 employees. The move will make the company the UK’s largest facilities management group, and see Mitie increase its interests in the country’s lucrative outsourcing industry. The acquisition, which was confirmed this [...]
Qantas to axe 6,000 jobs in coronavirus cost-cutting drive June 25, 2020 Australian airline Qantas will cut around 6,000 jobs and seek to raise up to AU$1.9bn (£1.05bn) as part of a wide-ranging cost-cutting plan prompted by the coronavirus pandemic. Of the 6,000 jobs, which account for about 20 per cent of the airline’s 29,000-strong workforce, roughly half will come from a mixture of cabin crew, engineers [...]
Lufthansa shares soar as bailout vote nears June 25, 2020 Shares in German flag carrier Lufthansa jumped this morning after its largest shareholder dropped his opposition to the airline’s state bailout package. Billionaire Heinz Hermann Thiele had previously objected to the terms of the bailout, which would have seen authorities take a 20 per cent stake in the carrier. However, with shareholders preparing the vote [...]
Easyjet raises £419m through share placing to bolster finances June 25, 2020 Low-cost carrier Easyjet today announced that it had raised £419m through a share placing in order to help it withstand the coronavirus pandemic. In total, the budget airline placed 59.5m ordinary new shares – 15 per cent of the firm’s existing share capital – at a price of 703p per share. The placing price represents [...]
Crisis is ‘defining moment’ in climate change battle, government told June 25, 2020 The government must use its recovery from the coronavirus crisis to accelerate the country’s transition to a net zero economy, the Committee on Climate Change (CCC) has said. In its latest guidance to parliament released today, the CCC urged ministers to seize the opportunity to turn the crisis into a “defining moment” in the fight [...]
British Airways must follow rules when it comes to job cuts, ministers warn June 24, 2020 The transport secretary has warned British Airways (BA) that it must follow the rules when it comes to making sweeping job cuts, saying he is “very, very concerned” about the 12,000 roles set to be made redundant. BA has come under heavy fire in recent weeks over its decision to make the cuts, with many [...]
