Brits prepare for week of travel chaos with three strike days starting tomorrow November 4, 2022 Brits are preparing for a week of travel chaos starting on Saturday, as thousands of rail operators walk out in strike action. On 4, 7 and 9 November this week workers at 14 train operating companies will down tools, bringing the country to a screeching halt. London Overground, the tube network and Elizabeth Line will [...]
Business leaders urge govt to restore ‘hard-won reputation for stability’ after rate rise and recession warning November 4, 2022 The government’s must restore the UK’s “hard-won reputation for stability” after this week’s rate hike and warning about a prolonged recession. A top wonk at the Confederation of British Industry responded to the Bank of England’s “bumper rate rise” to 3 per cent shows “the scale of the UK’s inflation challenge”. With inflation now over [...]
Pricey embarrassment: UK employees miss out on £1.3bn in expenses to not look ‘petty’ November 4, 2022 British workers forgo claiming £1.3bn in expenses at work for fear of looking “petty” according to new research. 80 per cent miss out on unclaimed expenses amounting to around £245 a year per employee, according to Pleo. Despite the cost of living crisis biting hard for many Brits, business spending solution group Pleo found workers [...]
Time for celebrations? Mars trials Bounty ban for Christmas November 3, 2022 With Christmas rapidly approaching, Mars Wrigley has removed the controversial coconut Bounty from celebrations boxes. The popular assortment of chocolates will be without the blue-wrappered treat after research showed 40 per cent of Brits want it barred permanently. No Bounty Celebrations will be available at 40 Tesco Christmas Market locations s from 8 November until [...]
300-year-old Marylebone estate Howard de Walden enters co-working market November 3, 2022 A 300-year-old estate that owns Marylebone is making an entrance in to the co-working sphere after office rental income dropped last year. Howard de Walden, which is worth about £5bn, is partnering with Spacemade to operate a flexible working facility in the area of central London. It made the move after its results showed permanent [...]
Simpson’s Tavern: Crowdfunder to save City favourite passes £30K as local efforts stepped up November 3, 2022 A crowdfunding campaign to save the historic Simpson’s Tavern has passed £30,000 in just two days. Simpson’s, which has sat off Cornhill since 1757 and become a City institution, has been served a winding up petition as a result of rent arrears accrued during the pandemic, announced on Tuesday. On Thursday, the fundraiser reached £20,000 [...]
Former Pakistan prime minister Imran Khan is shot in ‘assassination attempt’ November 3, 2022 Former prime minister Imran Khan has been shot in the leg and taken to hospital. According to reports it was an attempted assignation on the former PM and international cricket captain, was, and several other men were injured. Khan was reportedly hit in the leg while at a protest march, with members of his PTI [...]
Tesco wins appeal against Lidl over logo trademark November 3, 2022 Tesco has won a court of appeal scrap with rivals Lidl, allowing it to argue the latter applied for a trademark claim “in bad faith”. In a judgment this week, Britain’s biggest supermarket has been “permitted to continue to argue at trial that a wordless version of Lidl’s logo was periodically filed and refiled by [...]
West End Christmas intake to be squeezed by pandemic and cost of living at £1.55bn November 3, 2022 West End Christmas intake is set to be a quarter up from last year but still almost 30 per cent down on pre-Covid levels. Around £1.55bn is set to be splashed out in the heart of London’s shopping district, as the capital bounces back from the pandemic in a restriction-free Christmas. The cost of living [...]
FCA makes lenders pay £12m back to 60,000 as pandemic lessons learnt November 3, 2022 The City’s financial watchdog (FCA) is telling lenders to pay back millions in compensation to borrowers after having learnt lessons from poor practices in the pandemic. A report published by the Financial Conduct Authority this morning outlines that £12m has been paid out to thousands of companies in difficulties. Its executive director of consumers and [...]