Post Office and British Gas team up to offer free debt advice to those struggling with bills May 23, 2022 The Post Office has teamed up with British Gas to offer direct help to those struggling to pay energy bills amid the cost of living crisis. ‘Stop the Silence Pop-Ups’ will appear during the next three weeks across UK cities, giving people worried about their debts free practical and financial advice. Starting on Monday, the [...]
Starbucks follows McDonald’s and announces formal end of ‘brand presence’ in Russia May 23, 2022 Starbucks has formally quit Russia due to the war in Ukraine saying it no longer has a “brand presence” in the country. The coffee giant announced the suspension of all its operations in early March, including the shipments of all its products there. It has roughly 2,000 employees in the country. This comes after many [...]
Landlords being pushed to innovate by ‘Instagrammable’ build-to-rent schemes with furnishing and socialising space May 23, 2022 Landlords are being pushed in to more innovation and providing better furnished homes because of modern renters. Younger people are looking for professionally managed properties to live in, as part of a build-to-rent (BTR) schemes, which are created specifically for the purpose of renting. The majority of people renting are still doing so through landlords [...]
AI specialists Pupil swoop in for UAE surveying firm ASME with renewed focus on Dubai and Abu Dhabi May 23, 2022 Data tech firm Pupil have swooped in for a leading surveying company specialising in UAE property The Artificial Intelligence (AI) pioneers, who use spatial mapping tech, sealed the deal to acquire Aus-Surv Middle East, which has completed over 600 high-rise and mixed use developments in Dubai and Abu Dhabi. Pupil, which entered the gulf state’s [...]
‘Unsubstantiated, shrill, partisan, self-serving, apocalyptic warnings ALWAYS wrong’, says HSBC official on climate change impact May 20, 2022 A top HSBC banker has claimed global authorities are overplaying the impact of climate change, saying “unsubstantiated, shrill, partisan, self-serving, apocalyptic warnings are ALWAYS wrong”. The banking giant’s head of responsible investing, Stuart Kirk, made his controversial claim during a presentation on a slide during a London conference yesterday. HSBC said his views did not [...]
Johnson: Can’t ‘magic away’ cost of living problems but UK will draw on ‘fiscal firepower’ May 20, 2022 Boris Johnson has said the government will have to draw upon its “fiscal firepower” to get through the cost of living crisis, but there is no way he can “magic away” the problem. Speaking at a conference in Wales today, the prime minister said Britain will “get through” its current problems, marked by a 40-year [...]
Partygate: ‘Sense of injustice’ among women and low-paid Downing Street staff over fines dished out May 20, 2022 There is reportedly anger among Downing Street’s low-paid female junior staff who racked up partygate fines. ITV’s political editor Robert Peston said there was a “sense of injustice” because of the 126 officials fined by the Met, they disproportionately fell on women and junior officials. He quoted a source which said most were “very junior [...]
Monkeypox: Sajid Javid and WHO hold meeting after UK virus cases double to 20 May 20, 2022 Health Secretary Sajid Javid and the World Health Organisation are held meetings to discuss the Monkeypox outbreak in the UK following a doubling of cases. After two cases of the virus were reported on Thursday a further 11 were recorded today, taking the total to 20 – amid fears it may be spreading quicker than [...]
Elon Musk rejects ‘wild accusations’ SpaceX paid $250,000 to flight attendant over sexual misconduct claim May 20, 2022 Elon Musk has rejected “wild accusations” his SpaceX firm paid $250K to settle a claim of alleged sexual misconduct by a former flight attendant. The Tesla owner responded to a story first reported by Business Insider, which said that a claim was made in 2018 against him, by someone who previously worked for SpaceX. The [...]
TfL looks for investment partners to take up office space at Bank, Southwark and Paddington stations May 20, 2022 Transport for London is looking for an investment partner to work on commercial developments at the sites of Bank, Paddington and Southwark stations. In a bid to reduce its reliance on fares for income, TFL is looking to offer commercial office space at the stations which could generate significant revenue. All three sites have either [...]