US aviation union calls on Menzies to guarantee workers rights post NAS takeover May 11, 2022 A US-based aviation union has called on services firm Menzies to guarantee that workers’ rights will be respected following a £571m takeover by Kuwaiti rival National Aviation Service (NAS) through subsidiary Agility. The Airport Workers United Campaign of the Service Employees International Union (SEIU) said workers were left in the dark about the deal’s details [...]
Department for business and energy to move into Whitehall office and save taxpayer £5m a year May 11, 2022 The department responsible for the government’s energy strategy is moving to the centre of Whitehall in a bid save around £5m a year. Kwasi Kwarteng’s department of Business, Energy and Industrial Strategy (BEIS) will transfer from 1 Victoria Street to government owned buildings which house the civil service, by the end of 2023. This comes [...]
Italian restaurant in Llandudno offers crypto as a payment option May 11, 2022 An Italian restaurant in the heart of Welsh seaside resort Llandudno is claiming to be the first eatery in Wales to accept cryptocurrency.
Oil prices recover as EU pushes for Russian oil ban May 11, 2022 Oil prices rebounded as the European Union (EU) closes in on a Russian oil embargo, raising concerns of supply shortages across the continent.
Beauty Bay eyes outright sale after ditching London IPO plans May 11, 2022 Online marketplace Beauty Bay has recruited bankers to look at options including a sale, after previously eyeing a London listing. Beauty Bay has reportedly hired Threadstone Capital to advise it as it mulls options including a full or partial sale, or snapping up other firms to further its expansion ambitions. The beauty platform is now [...]
ITV’s upcoming streaming service gains momentum as revenue jumps a fifth May 11, 2022 British television network ITV revealed its new streaming service is set to launch this year after revenue jumped 18 per cent.
TikTok mockery: Boris Johnson criticised for video clip amid cost of living woes May 11, 2022 Despite hitting over half a million views in hours, Boris Johnson’s new TikTok has been met with more ridicule than it has revelling. Posting from his new @10downingstreet account yesterday, the public have taken to social media to slam the Prime Minister. One commented: “Country going into recession so the Government made a TikTok to help [...]
Biden urges Johnson to show ‘courage, co-operation and leadership’ over plan to ‘give up’ on N. Ireland Protocol May 11, 2022 US President Joe Biden has waded into the row over Britain ‘giving up’ on talks on the Northern Ireland Protocol, calling for leadership and negotiations. Earlier this week it was reported that the British government will move to discard large portions of the Northern Ireland Protocol after giving up on Brexit negotiations with the EU. [...]
France’s drive to become European crypto hub blasted over regulation holes May 11, 2022 France’s sudden interest in creating a European hub for the cryptocurrency industry has been called into question over its approach to regulation.
Investment group backed by ex-Tesco boss probed over allegations of £2m Covid loan misuse May 11, 2022 We Are Nova, a start-up investment group with support from ex-Tesco chief Sir Terry Leahy, is being probed over claims it misused Covid loans. According to The Times newspaper, companies associated with We Are Nova netted almost £2m through the government’s bounce back loan scheme. However, the firms did not seem to be eligible for [...]
