Outgoing TfL chief: No Khan split and Elizabeth Line a career highlight September 22, 2022 LONDON’S transport chief has moved to silence talk of a split with Mayor Sadiq Khan after he announced his departure from the top job. Conservative London Assembly transport spokesman Nick Rogers said the departure was a sign that Khan’s Mayoralty was “in chaos.” But Byford told City A.M. that Khan had been “extremely supportive” throughout [...]
Plane crash victims seek £750m damages from insurers via High Court lawsuit September 22, 2022 Survivors of a plane crash that killed 71 people have filed a High Court lawsuit against insurers Aon and Tokio Marine Kiln seeking $844m in compensation over the 2016 disaster that caused the deaths of 19 members of Brazil’s Chapecoense football team. Victims of the 2016 LaMia crash that killed almost all of the [...]
Labour conference: Reynolds prepares to unveil his big pitch to businesses September 22, 2022 The Labour party is an unfamiliar position heading into next week’s party conference. Labour has had consistently strong poll leads this year, is presenting a unified front on policy and for once has not been the party subject to a summer of internecine factional recriminations. Sir Keir Starmer now has a chance to drive home [...]
Report flags Meta content moderation concerns in Israel and Palestine September 22, 2022 A NEW report commissioned by Meta has found that content inciting hatred and violence against parties to the May 2021 conflict between Israel and the Hamas regime was not adequately removed by Facebook and Instagram.
Polymetal shares plummet as troubled miner scraps dividend September 22, 2022 Polymetal shares fell 11.5 percent today after the Anglo-Russian precious metals mining company announced it was scrapping the full-year 2021 dividend due to dwindling cash flows and a lack of new sales channels. It also suggested cancelling the interim 2022 dividends “to allow the Group to strengthen its cash position and enhance its resilience in [...]
Revenues soar for Ten Lifestyle as banks splash the cash September 22, 2022 Interest rate hikes have boosted concierge group Ten Lifestyle’s revenues as banks with cash to splurge spend shell out on its services. Ten, whose clients include Coutts and Natwest Black, said net revenue for the year rose 35 per cent to around £46.8m yesterday, beating forecasts of £45m. The UK firm offers preferential access to [...]
Ebiquity chief says economic turmoil hasn’t hit marketing budgets just yet September 22, 2022 The testing macroeconomic backdrop has not yet cut into marketing budgets, said Ebiquity chief Nick Waters.
UK’s new housing minister vows to crack down on ‘immoral’ insurance deals September 22, 2022 The UK’s new housing minister has vowed to crack down on “immoral” practices in the insurance sector that “drive up prices for consumers,” after tower block leaseholders were hit with surging premiums in the wake of the Grenfell tower disaster. In a comment piece in The Telegraph, Housing secretary Simon Clarke said his department [...]
Industry body calls for seismic reforms to boost fracking September 22, 2022 The UK's leading onshore energy body has urged the Government to raise the maximum levels permitted for seismic activity involving fracking.
London’s FTSE 100 drops after second big Bank of England rate hike September 22, 2022 London’s FTSE 100 plunged today after the Bank of England lifted interest rates 50 basis points for the second time in a row. The capital’s premier index fell 1.08 per cent to 7,159.52 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, tumbled 2.05 per [...]
