Railway industry sets up contingency plans ahead of potential RMT strike May 16, 2022 The UK railway industry has set several contingency plans ahead of a potential strike by the union RMT, which could involve up to 40,000 workers. Network Rail said it had measures in place to “better understand the disruption it may cause to passengers and freight services.” The government-owned railway operator said it was working with [...]
Multiple activists arrested as 33,000-tonne shipment of Russian oil forced to u-turn in the Thames May 16, 2022 At least 15 people have been arrested after forcing a 33,000-tonne shipment of Russian oil to u-turn in the Thames. Greenpeace activists confronted the Greek tanker called the Andromeda late on Sunday night, climbing onto its intended docking birth at the Navigator Terminals, in Essex. While police made a series of arrests, protestors attached themselves [...]
Diesel prices climb to record levels as cost-of-living crisis escalates May 16, 2022 Diesel prices have soared to record levels, piling pressure on motorists amid spiralling inflation and a deepening cost of living crisis.
Russia-Ukraine war generates new headwinds for European economy May 16, 2022 Russia’s invasion of Ukraine is generating fresh headwinds that will choke the European economy, reveal official forecasts published today. Surging energy prices caused by concerns over supply security following Moscow sending troops into Ukraine are set to strain households and businesses on the Continent. High input prices are likely to weigh on production, while elevated [...]
New international development plan focuses on bilateral aid and challenging ‘dependency on malign actors’ May 16, 2022 Britain has launched a new international development programme with a focus on challenging “dependency on malign actors”. Liz Truss made the announcement with a written statement on Monday, saying the new vision would try to address “increasing global challenges”. The plan, launched as Britain continues to oppose Russia’s war in Ukraine, also looks to “provide [...]
Shell suffers blow as investor group withholds approval for energy transition plan May 16, 2022 A major investor has announced its intention to abstain on Shell's energy transition plans at the firm's upcoming annual general meeting.
As Covid cases soar in North Korea to more than 1m, Kim Jong-Un tells people to ‘gargle salt water’ to treat it May 16, 2022 North Koreans are being told to ‘gargle salt water’ to treat coronavirus, as the regime struggles to deal with a worsening outbreak thought to be around 1m. The communist single-party state, widely seen as one of the most reclusive and authoritarian in the world has mobilised its military to distribute military supplies to counter an [...]
Ryanair to revert to second-hand market if Boeing doesn’t step up, warns O’Leary May 16, 2022 Ryanair could revert to buying aircraft from the second-hand leasing market if Boeing were not to step up, according to the airline’s boss Michael O’Leary. O’Leary told analysts today the airline was willing to remain with Boeing but said the plane manufacturer’s management needed to “bloody well improve,” as they were “running around like headless [...]
How to harness the power of fintech May 16, 2022 ICAS’ latest webinar focused on ‘Fintech opportunities and the evolution of accountancy’, providing insight as part of April’s Finance + Technology series. Susanne Chishti, CEO of fintech investor network FINTECH Circle, presented the session and shared her expert knowledge on the fintech sector, explaining how CAs can harness the power of fintech solutions. When Susanne launched FINTECH [...]
Israeli transport tech firm gears up for London growth with $100m funding injection May 16, 2022 An Israeli transport tech firm is poised for a growth push in London after unveiling a $100m funding injection today, taking its valuation to $1.3bn.
