Zelensky ‘glad we haven’t lost a very important ally’ for Ukraine after Johnson wins confidence vote June 7, 2022 Ukraine’s president Vlodymyr Zelensky has breathed a sign of relief that Boris Johnson won a confidence vote last night, saying he’s “glad we haven’t lost a very important ally.” His praise comes after Boris Johnson narrowly escaped being removed as leader with a slimmer margin of the vote then his predecessor Theresa May had in [...]
EV does it as cost of owning electric car cheaper than fuel June 7, 2022 Owning an electric vehicle (EV) is cheaper than a fuel car as petrol and diesel costs continue to bite UK motorists. According to a research published today by Insurance Revolution, EV owners can save up to £1049 annually compared with petrol or diesel car users, who on average spend around £1,000 a year on fuel. [...]
Rail stakeholders drag government for axing £3bn HS2-West Coast link June 7, 2022 Rail stakeholders have dragged the government for its decision to axe a £3bn link between HS2 and the West Coast Main Line. According to a joint statement published today by the Railway Industry Association (RIA), High Speed Rail Group and Rail Freight Group, scrapping the link will create a bottleneck north of Crewe. The link [...]
Allianz to take €400m hit after selling majority stake in Russian business June 7, 2022 Allianz has said it will take a €400m hit on its Russia operations, after agreeing to sell a majority stake in the business to the London registered company that owns one of Russia’s major insurance companies. The German insurer has agreed to sell a 50.1 per cent stake in its Russian business to London registered [...]
Satellite Vu cuts deal to provide climate data to UK real estate market June 7, 2022 Infrared imaging specialist Satellite Vu is set to provide climate data to the real estate market – once its satellites are in obit – in a bid to decarbonise the UK housing market. Buildings contribute some 40 per cent to the world’s total emissions, making real estate a key target in the country’s net zero [...]
Hertfordshire prison says all incoming mail must be sent through Moonpig, Funkypigeon and Freeprints June 7, 2022 Inmates at a Hertfordshire prison will only be able to receive mail from Funky Pigeon, Moon Pig and Freeprints due to drug safety concerns. In announcement posted on Twitter, the letter from HMP The Mount’s governor Paul Crossey said the move was taken because it has “become increasingly concerned with the threat presented by psychoactive [...]
E-bike start-up HumanForest crowns May busiest month with 150,000 trips completed in London June 7, 2022 E-bike start-up HumanForest has recorded its busiest month ever, as 150,000 trips were completed in May across London. May ridership numbers surged from the 40,000 and 80,000 recorded in March and April respectively. “The huge growth in e-bike usage across London is a credit to the local councils who have worked tirelessly to bring schemes [...]
EU agrees common charging plug for all phones raising alarm bells for Apple June 7, 2022 The European Commission has agreed that all phones and tablets must use the same charging ports by 2024, signalling bad news for the Silicon Valley giant.
M&S bosses set to pocket £15m pay pot if bonus targets are hit June 7, 2022 Top bosses at Marks & Spencer could pocket some £15m in total if they achieve bonus targets, including a 50 per cent boost for the retailer’s share price. New CEO Stuart Machin is due to trouser a basic salary of £896,000, according to the supermarket’s annual report. Former boss Steve Row pocketed a salary of [...]
Oil prices could take seven years to calm down, warn industry experts June 7, 2022 Oil prices could take seven years to return to normal levels, warned energy analysts, reducing the prospect of the windfall tax being lifted early.
