Great British Railways’ creation to take place before next election November 15, 2022 The creation of new rail body Great British Railways continues to drag on, as the legislation will now be tabled before the next general election. Just last month then-transport secretary Anne Marie Trevelyan said GBR would be postponed to the next parliamentary session as the current energy and financial crisis took over the government’s agenda. [...]
Ronaldo’s explosive interview with Piers Morgan: Man Utd could ‘rip up’ contract, top sport lawyer says November 15, 2022 Manchester United are within their right to “rip up the contract” of star forward Cristiano Ronaldo following his explosive interview with Piers Morgan this week. The comment from the head of Sport at Mishcon de Reya comes after the Portugal forward, considered one of the best players in history, caused shockwaves by saying he feels [...]
Gupta’s UK steel business strikes nears deal with creditors to stave off bankruptcy November 15, 2022 The UK arm of Sanjeev Gupta’s steel empire has struck a preliminary deal with major creditors that could let it stave off insolvency proceedings by restructuring its debts. Liberty Steel Group has reached a preliminary agreement with Credit Suisse Asset Management, Greensill Capital, and Greensill Bank to restructure its debts, the steelmaker said in a [...]
Europe set for diesel supply scramble as high prices expose tight markets November 15, 2022 Europe could be scrambling for diesel supplies over the winter, the International Energy Agency, amid ultra-high prices.
Regulators circle Bankman-Fried as FTX predicts creditors could top one million November 15, 2022 Collapsed crypto exchange FTX expects to have more than one million creditors, the firm has revealed in bankruptcy filings, as regulators and policy makers circle founder Sam Bankman-Fried and look to stave off further collapses across the industry.
FTX’s 50 biggest creditors to be revealed by Friday, as administrators believe more than a million people may have claims November 15, 2022 The 50 largest creditors caught up in the collapse of cryptocurrency exchange FTX will be announced before the end of the week.
Cristiano Ronaldo NFT collection released by Binance November 15, 2022 Cristiano Ronaldo’s first NFT collection will become available this Friday as part of an exclusive, multi-year partnership with Binance.
Made.com to sell off existing furniture stock to recover funds for out of pocket shoppers November 15, 2022 Made.com is to sell off remaining sofas and tables, in a bid to recover funds for creditors, administrators for the collapsed furniture firm said. Auction house John Pye & Sons has been appointed by administrators of the business, which was hammered by consumers pulling back on homeware purchases. Administrators PricewaterhouseCoopers (PwC) said it had appointed [...]
Virgin crew on ‘Rainbow’ flight with England team won’t wear LGBT-friendly uniform due to Qatar’s strict rules November 15, 2022 The Virgin Atlantic flight taking England’s team to Qatar is called ‘Rain Bow’ – but its staff won’t be able to wear gender-fluid uniform over concerns about their safety. The airline announced a change to the uniform policy this week with Qatar being a very conservative country where same-sex relations and any pubic displays of [...]
UK well ahead of EV adoption curve but charging concerns threaten uptake November 15, 2022 The UK remains well ahead of the Climate Change Committee’s electric vehicle (EV) adoption curve but charging concerns threaten future uptake. Data published today by Volkswagen Financial Services UK showed that the UK is ahead by more than 150,000 units when it comes to the rate at which EV adoption must increase for the UK [...]