Transport secretary outlines new Charter to ensure travellers know their rights this summer July 17, 2022 The transport secretary today outlined a new Charter to ensure that travellers know their rights when it comes to flight delays and cancellations this summer. The government’s Aviation Passenger Charter, which was developed alongside industry, consumer and disability groups, seeks to give holidaymakers confidence for their travels, from booking, all the way to their return [...]
Ex-F1 boss Eddie Jordan mulls second approach for Playtech July 17, 2022 Ex-Formula One team boss Eddie Jordan is reportedly considering a second approach for gaming software firm Playtech. JKO Play, a consortium led by Jordan and gambling executive Keith O’Loughlin, came close to making a 750p per share offer for Playtech, but pulled out of the bidding process in January. It is understood, however, that JKO [...]
Union boss says crippling rail strikes to go ahead as no one is ‘coming to the table’ July 17, 2022 Crippling rail strikes are set to go ahead in just two weeks as train company bosses are not “coming to the table”, according to the head of the UK train drivers’ union. Mick Whelan, general secretary of the Associated Society of Locomotive Engineers and Firemen (Aslef) union, said “when train drivers don’t come to work, [...]
UK and South Korea to cooperate in space amid growing militarisation July 17, 2022 The UK and South Korea have agreed to cooperate in space, signalling continued steps towards forging a global framework for peaceful and sustainable activity in Earth’s orbit. The deal will see both countries share space-related discoveries, operational knowledge, training and personnel exchanges, as space becomes increasingly commercialised and militarised. “Space is critical to our security, [...]
Sale brewing? Starbucks considers disposal of 300-store strong UK operation July 17, 2022 Coffee giant Starbucks is mulling a possible sale of its UK operations against a backdrop of tough macroeconomic conditions. The global coffee titan had requested adviser and investment bank Houlihan Lokey to scout for interest in its UK arm, according to a report in The Sunday Times. Some 300 stores within Starbucks’ 1,000-shop strong UK [...]
Victims of OneCoin scam given hope with FBI ‘Most Wanted’ arrest as net closes on ‘Cryptoqueen’ July 17, 2022 OneCoin scam victims have been given a sign of hope that the net is closing on 'Cryptoqueen' Ruja Ignatova.
Tory leadership: Raab hits out at Truss’ record as Treasury minister July 17, 2022 Dominic Raab has questioned the record of Tory leadership hopeful Liz Truss when she worked as a Treasury minister in response to her attacks on Rishi Sunak. The Deputy Prime Minister, a Sunak supporter, said “people can see whether spending and headcount in the civil service went up or down” when Truss worked as chief [...]
Week ahead: More inflation woe to pile pressure on Bank of England to act July 17, 2022 Inflation bumped higher last month, reinforcing pressure on the Bank of England to motor through rate hikes, according to City analysts. London’s premier FTSE 100 index notched a poor performance last week, losing a shade over 0.5 per cent to finish at 7,159.01 points. The domestically-focused mid-cap FTSE 250 index, which is more aligned with [...]
Fast fashion: Mike Ashley’s retail behemoth Frasers Group eyes I Saw It First July 17, 2022 Mike Ashley’s retail empire may make a swoop for I Saw It First, an online fast-fashion brand owned by Boohoo founder Jalal Kamani. According to a report in The Telegraph, Frasers Group could add I Saw It First to its list of retail takeovers within a matter of weeks. The Telegraph’s sources told the newspaper [...]
Time to pour cold water on the FUD and misinformation from Bitcoin doubters July 16, 2022 Crypto AM's Dr Chris Kacher thinks the heat needs turning down on the current crypto FUD spread that reminds him of 2014 and 2018.
