Strikes: Thousands of nurses to walk out again in January as ambulance strike date called off December 23, 2022 Nurses will once again walk out over pay next year while ambulance worker union heads have called off strike action scheduled for next week. Nurses will strike on 18 and 19 January and further dates will be confirmed next year, the Royal College of Nursing (RCN) has announced. Prime Minister Rishi Sunak had “left us [...]
IPL Auction: England’s Sam Curran becomes most expensive player in history at £1.95m December 23, 2022 England all-rounder Sam Curran has become the most expensive player in the history of the Indian Premier League (IPL) auction after Punjab Kings paid almost £2million for his services. Curran’s stock has never been higher after he starred in England’s T20 World Cup triumph in Australia last month, picking up the player of the tournament [...]
Londoners warned: Only travel if necessary as transport shut down by strikes and Christmas December 23, 2022 Londoners have been warned to travel only if necessary as the railways and tube network shut down for Christmas amidst ongoing rail strikes. Network Rail reminded customers services will finish “very early” on Christmas Eve, with Avanti West Coast’s trains from Euston leaving much earlier than usual due to the Network Rail strikes. Members of [...]
Square Foot Mile: Corporate office space deals surged by 25 per cent in 2022 December 23, 2022 Big corporate deals for London HQs has caused office leasing volumes to surge by almost 25 per cent. The post-pandemic return to the office is in full swing, with central London take-up rising by 24 per cent this year. Of the increase, demand for high-quality space in the capital has skyrocketed with 60 per cent [...]
Explainer-in-brief: Two years on, Brexit is still creating hurdles for businesses December 23, 2022 Brexit is again in the spotlight – is anyone surprised? – as a new survey published this week found that more than three quarters of companies doing business with the EU think the deal is of no help in growing their economic activity. More than half of the British Chambers of Commerce members said they [...]
Border Force staff walk out at airports as Royal Mail workers back on strike December 23, 2022 The UK’s major airports will be hit with a walk-out of Border Force workers on Friday, as posties walk-out over pay again, causing disruption in the run up to Christmas. Members of the Public and Commercial Services (PCS) union will walk out from Friday 23 December to 26 December as well as 28 December and [...]
Britain baulks at Biden’s £330bn green subsidy package December 23, 2022 Britain has voiced its disapproval of Joe Biden’s extensive US package for green subsidies, warning they are protectionist and could harm UK energy firms. Kemi Badenoch, the UK’s international trade secretary has reached out to her US counterpart, criticising the Biden administration’s £327bn ($395bn) green economy package. In a letter seen by the Financial Times, [...]
UK condemns North Korea for supplying arms to Russian Wagner Group mercenaries December 23, 2022 The UK has condemned North Korea for completing an arms delivery to Russia’s mercenaries in the notorious Wagner Group. Foreign Secretary James Cleverly made his comments on Thursday after the US released information claiming Pyongyang had completed an arms delivery, which is in breach of UN Security Council resolutions. Cleverly said: “The UK supports the [...]
Narrow Escape: Sam Bankman-Fried released on $250m bail December 23, 2022 Disgraced FTX co-founder Sam Bankman-Fried avoided prison on Thursday after posting a $250m recognised bond before awaiting trial for charges of fraud and money laundering. The US attorney’s office for the Southern District of New York has charged Bankman-Fried with eight criminal counts, including fraud and money-laundering offences. The previously heralded crypto hero reportedly used [...]
Government ‘will not hesitate’ to ensure retailers give drivers fair fuel prices December 23, 2022 Fuel retailers have been threatened with state intervention over prices by the business secretary, who urged companies “to take any steps necessary” to ensure affordable prices for drivers. In a letter to retailers on Thursday, Grant Shapps said the government “will not hesitate to act to ensure competition is healthy and consumers get a fair [...]