Tory leadership race descends into all out war in televised debate July 17, 2022 The Conservative leadership race descended further into vicious mudslinging today as the remaining five candidates tore shreds off each other for 60 minutes in a televised debate. Frontrunners Rishi Sunak and Liz Truss had a number of bruising encounters, with the ex-chancellor accusing the foreign secretary of peddling “something for nothing economics” that are closer [...]
Fever-Tree boss snaps up £1m worth of shares as tonic maker slashes profit guidance July 17, 2022 The boss behind tonic-maker Fever-Tree has coughed up more than £1m on shares after the firm suffered a huge blow last week. A concerning profit warning meant the London-listed company’s stock crashed by some 26 per cent late last week. Now, chief executive Tim Warrillow has bought 115,000 shares at 870.8p each while Fever-Tree’s chairman [...]
Taste the rainbow: Skittles ‘unfit for human consumption’, lawsuit claims July 17, 2022 Lawyers have claimed that Skittles are “unfit for human consumption”, alleging that the sweets contain a toxin called titanium dioxide. A lawsuit filed late last week in a northern California federal court against Mars Inc has sought class-action status. Skittles fans are “at heightened risk of a host of health effects for which they were [...]
Walsh: Heads must roll if airport chaos repeated next year July 17, 2022 OUTSPOKEN global aviation boss Willie Walsh laid into Heathrow management again this weekend, warning that any repeat of this year’s chaos should see bosses given the boot. The Hounslow airport has been bruised and battered by passenger demand outstripping expectations, leaving staff shortages, last-minute delays and myriad stories of travel chaos on social media. “If [...]
Negotiators work round the clock to thrash out Scandi air strike solution July 17, 2022 AILING airline SAS and pilot unions continued talks over new collective agreements yesterday after negotiations through the night, a union representative told reporters as a strike entered its fourteenth day. Most SAS pilots in Sweden, Denmark and Norway walked out on 4 July after talks over conditions related to the Scandinavian carrier’s rescue plan collapsed. [...]
Next apologises to staff for underpaying them for months after payroll malfunction July 17, 2022 Next has apologised to staff who have been underpaid for several months after a new IT system malfunctioned. Staff have been underpaid for months after payroll functions were outsourced to the US tech firm Oracle in February, according to The Sunday Times. The London-listed firm has been trying to solve the error for months, with [...]
Boeing trims airline market forecasts July 17, 2022 US AIRPLANE maker Boeing has trimmed its projected industrywide demand for airplanes over the next 20 years, but said it expects deliveries to be stable excluding the Russian market. Boeing projects airlines worldwide will need 41,170 new airplanes over 20 years with half of the deliveries for replacement aircraft, and with single-aisle aircraft accounting for [...]
Sunak call to slash all EU rules by 2024 contradicted by the Treasury July 17, 2022 Rishi Sunak’s new promise to slash all retained EU regulations by 2024 has been contradicted by a leaked Treasury document today saying this would not be possible. Sunak wrote in the Sunday Telegraph today that he will have “scrapped or reformed all of the EU law, red tape and bureaucracy that is still on our [...]
Tory leadership race: Tugendhat vows to strip Met of counter-terrorism role July 17, 2022 Tory leadership hopeful Tom Tugendhat has vowed to break up the Metropolitan Police if elected by taking away the force’s responsibilities for counter-terrorism. Tugendhat said today that he would instead hand these powers to the National Crime Agency (NCA) – the UK’s agency responsible for things like organised crime, economic crime, cyber crime and human [...]
M&S removes best before dates as 6.6m tonnes of food waste thrown away by households per year July 17, 2022 M&S will get rid of best before dates on hundreds of fresh produce in an endeavour to slash food waste in stores and households. The supermarket said it would remove best before dates from the labelling on more than 300 fruit and vegetable packages. Dates are to be replaced with a new code that shop [...]