Naked Wines promotes MD to be executive director and CFO December 7, 2022 Naked Wines has promoted one of its top execs to be its new CFO and executive director. James Crawford, who spent 14 years at Diageo, will take over the role after having served as interim CFO and managing director since the summer. He will take over the top jobs effective immediately having been with the [...]
CMA provisionally clears Mitie and PAE over Heathrow and detention centre contracts December 7, 2022 The markets regulator has closed an investigation into alleged anti-competitive behaviour over procurement contracts for Heathrow and an immigration centre. In an update published on Wednesday, the Competitions and Markets Authority (CMA) said it would close the probe into the conduct of Mitie and PAE launched in March. The two firms were responsible for on-going [...]
Over-50s considering returning to work due to concerns about retirement funds December 6, 2022 The overwhelming majority of over-50s are not financially set for retirement due to the pandemic and cost of living crisis. Just under two-fifths of those aged 50-54 are happy their retirement funds are sufficient, rising to 55 per cent for those 60-65. The worrying trend, highlighted in research from Handelsbanken Wealth & Asset Management, shows [...]
Police ‘less likely’ to arrest Just Stop Oil activists using slow march tactic December 6, 2022 Just Stop Oil demonstrators marched through the Square Mile bringing it to a standstill today, with police saying it is “less likely” to arrest them due to their new tactics. The environmental group marched slowly along Old Kent Road through the City and to South London, followed by three vehicles and 10 officers. In the [...]
December strikes: Who’s walking out when and how will it affect you? December 6, 2022 December is set to be a month blighted by industrial strife, with everyone from nurses and posties to train drivers and security staff to walk out. With inflation reaching a 41-year high at an eye-watering 11.1 per cent, thousands of workers have voted to down tools and ask for a real-term increase in pay. As [...]
Brits had most volatile year for fuel costs as CMA probe ‘rocket and feather’ pricing December 6, 2022 Brits have suffered the most volatile year on record for fuel prices, as the Russian invasion of Ukraine and cost of living crisis continued to pile pressure on drivers the pumps. New analysis published today show fuel prices rose by 50p a litre from January to July, which is the largest leap ever recorded. It [...]
Fraud crackdown saves £400m for public purse, enough for 130k people’s healthcare December 6, 2022 The government’s fraud-fighting efforts have saved more than £400m, enough to cover 130,000 people’s healthcare. New figures released by the cabinet office show the cash was kept in the coffers thanks to new state-of-the-art data matching technology. The fraud clampdown comes after Chancellor Jeremy Hunt announced in the Autumn statement, the UK would set aside [...]
Crypto scammers hijack launch of heavy metal titan Metallica’s new album December 6, 2022 Crypto scammers hijacked the launch of heavy metal titans Metallica’s new album, the band warned fans. The US artist took to Instagram ahead of the launch of its 72 Seasons record and World Tour announcement. In a message to supporters, the musicians said with the launch “unfortunately the ugly side of social media made an [...]
Seven Extinction Rebellion campaigners convicted of criminal damage at Barclays HQ December 5, 2022 Seven female Extinction Rebellion activists have been found guilty of causing criminal damage against Barclays Bank. The defendants aged between 28 and 64 were charged with £100,000 worth of criminal damage at Barclays HQ in Canary Wharf last year. They will be sentenced in late January next year and could be facing a maximum penalty [...]
Premier Inn owner Whitbread’s new CEO will join from Domino’s in January December 5, 2022 Premier Inn owner Whitbread has announced its new CEO Dominic Paul will join in January. Paul, who has been chief executive at Domino’s Pizza for almost three years, will join its Board on 17 January, taking over from outgoing chief executive Alison Brittain. It was announced in June he would be the next head of [...]