Londoners heed call not to travel in extreme heat with near 50 per cent drop in Tube use from pre-Covid July 19, 2022 Londoners are heeding the government’s advice and staying at home due to the extreme heat, with entries and exits on the train network down almost 50 per cent. During the morning rush-hour on Tuesday, there were 1.03 commuters using the Underground, marking a 47 per cent drop on pre-pandemic levels. This was also 30 per [...]
Heatwave: Firefighters tackling two blazes in south London July 19, 2022 Parts of south London were engulfed with flames on the hottest day ever recorded, with firefighters tackling two blazes simultaneously. Emergency services attended to two grass fires in Croydon as the heatwave continues. Four fire engines and 25 staff responded to the emergency in the woodlands on Oaks Road in Croydon just after midday. Another [...]
Heatwave: 40c recorded for first time ever in UK at Heathrow July 19, 2022 History has been made with the 40 degree barrier mark being broken for the first time ever, recorded at London’s Heathrow airport. The news comes after the Met Office issued an extreme level four red weather warning for Monday and Tuesday, with it expected to exceed 40 degrees. Earlier in the day, Heathrow said there [...]
Heatwave continues: Britain prepares for scorching temperatures as rail, retail and airports face disruption July 19, 2022 Brits are set to face temperatures of up to 41c today which is likely to be the hottest day on record. The country is struggling to cope with the extreme temperatures, with Luton Airport temporarily grounding all flights yesterday due to the heat, which melted a part of the tarmac. London’s transport network continues to [...]
Millennials lag behind: Young entrepreneurs made just £500m out of £28bn while selling their firms July 18, 2022 More than £28bn was made by individuals selling their businesses in the past year, but just £550m was from those under 34. Those under 25 cashed in with only £27m in gains, representing under one per cent of the total, according private wealth law firm Boodle Hatfield. The next bracket up, those aged 25-34 were [...]
Bank lending to firms up £12bn after dip due to covid schemes ending July 18, 2022 The so-called loan ‘drought’ induced by the pandemic appears to be coming to an, with lending up by £12bn. Banks are increasing their lending in wake of a sharp decline in wake of both the Coronavirus Business Interruption Loan Scheme (CBILS) and Bounce Back Loan Scheme (BBLS) ending. According to research from ACP Altenburg Advisory, [...]
Heatwave: Severe delays on almost all tube lines as journeys down by 18 per cent from last week July 18, 2022 Londoners have stayed at home to avoid the extreme heat and travel disruption, with a marked decline in the number of journeys made today. London Mayor Sadiq Khan warned the train network would be operating with speed restrictions, which may cause delays, and commuters should consider working at home. On Monday morning, a number of [...]
Tortilla Mexican Grill’s revenues shoot up by 60 per cent after snapping up rival but inflation and industry pressures bite July 18, 2022 A Mexican food giant experienced a big spike in revenue following a key acquisition and expansion across the UK. Tortilla Mexican Grill’s group revenue was up 60 per cent in the first half of 2022 compared to 2019. This comes after the firm bought out Chilango for £2.75m, taking on its eight sites across the [...]
Disinfectant product maker rides post-pandemic crest as it looks to break America July 18, 2022 Infection prevention product manufacturer Tristel rode the crest of the post-pandemic wave and weathered Brexit disruption, as it sets its sight on the American market. The company benefited from society recovering from coronavirus, with a spike in the use of disinfectant products, particularly in hospitals, as procedures return after lockdowns. It said there were almost [...]
Heatwave: Extreme Red warning announced as temperatures to fetch record-breaking 40c next week July 15, 2022 The UK Met Office has issued a red extreme heat warning as temperatures of 40c are forecast for the first time. The move comes ahead of forecasts that next week on Monday and Tuesday it is expected to reach between 38 and 40 degrees. The record temperature for the UK is 38.7C reached in 2019. [...]
