Mayor seeks development partner for £107m Greenwich industrial project October 21, 2022 The Mayor of London is seeking to regenerate a part of Greenwich in a £107m project. Sadiq Khan is appealing for a development partner to work on the 3.38-acre site at 75 Bugsby’s Way, to turn it into a multi-storey industrial complex. The plan is part of his objections to intensify industrial projects in the [...]
Civil Aviation Authority chief steps down following a summer of travel chaos October 21, 2022 The chief of the UK Civil Aviation Authority will stand now next year after a rocky few years of pandemic transport chaos and strike action drama. Richard Moriarty has worked for the organisation for more than ten years, in senior roles including Director of Competition and Economic Regulation, Director of Consumers and Markets, Deputy Chief Executive [...]
Heads of nine key energy firms warn bill ‘threatens to undermine’ regulation in sector October 21, 2022 The heads of nine major energy companies have voiced “increasing concern” about a bill which “threatens to undermine strong, independent” regulation of the sector. In a strongly-worded letter to Jacob Rees-Mogg MP Secretary of State for Business, Energy and Industrial Strategy (BEIS), they urge the government to rethink measures Energy Prices Bill. The bill is [...]
Zara enters resale market with in-house swap and mend service October 21, 2022 In a bid to reduce its environmental impact, Zara has said it will help UK shoppers resell, repair or donate clothing bought from its stores. The new ‘Pre-owned service’ will allow shoppers to book repairs and donate unwanted clothes. It will also reduce the environmental impact of deliveries by allow people to post packages of [...]
Curing blindness in some of the most isolated regions of Nepal October 21, 2022 In March 2022, the Tej Kohli & Ruit Foundation staged one of the biggest mountainous area cataract microsurgical camps ever organized in Nepal. It was here that 333 patients returned home with full vision after their blindness was cured. Whilst this was ongoing, another team working with the foundation were busy screening patients in Nepal’s [...]
Sterling tumbles as markets brace for more turmoil October 21, 2022 Sterling has tumbled in the wake of Liz Truss’s resignation this morning as traders brace for another period of political turmoil in the UK.
YouTube bets on personalisation as the online video giant copies Twitter handles October 21, 2022 Youtube said it would be introducing handles in the coming weeks to make it easier for members of the community to find and connect with each other. In an announcement today, the Google-owned video site said handles will be unique to each channel and will be how people mention each other in comments, community posts, [...]
Labour MP Christian Matheson QUITS after panel upholds two sexual misconduct claims October 21, 2022 Former Labour MP Christian Matheson has quit after a Parliamentary watchdog upheld two claims of sexual misconduct. The Independent Expert Panel told Matheson to take leave from Westminster after complaints from a junior member of staff, breaching policies of Parliament’s Independent Complaints and Grievance Scheme. Labour branded it an “incredibly serious case” and that chief [...]
EP: 165 Cheltenham, Doncaster, Newbury & Hong Kong October 21, 2022 The new jumps season gets underway at Cheltenham on Saturday, whilst we reach the end of the flat season with both Doncaster and Newbury staging Group races. Milton Harris produced Knight’s Salute to win a Grade 1 at Aintree last season and the Triumph Hurdle Trial winner returns to Prestbury Park for his seasonal reappearance. [...]
Advertising cuts continue to sting Snapchat October 21, 2022 Snapchat’s growth continued to plateau this quarter as the advertising slump continues for the social media company. Falling well below most Wall Street estimates, Snap’s said revenue climbed a humble six per cent to $1,13bn, while net losses widened from $72m to $360m. Adjusted earnings before interest, taxes, depreciation, and amortisation was $73m, compared to [...]