Sky-high inflation forces Brits to raid pandemic savings April 13, 2022 Brits are being forced to run down their pandemic-induced savings to maintain spending amid historically steep inflation, reveals fresh figures published today. Pay is trailing behind the rate of price rises, meaning households are having to raid their war chests to maintain living standards. Over one in two Brits have already drawn from their savings [...]
High Court bans man from suing people after he files £33.3 quadrillion claim April 13, 2022 The High Court has banned a man from suing people, after he tried to sue someone for more gold than has ever been mined in history. The court said serial litigator Sayed Sangamneheri should not be allowed to file anymore claims for the next two years, after he sought to claim £33.3 quadrillion. After the [...]
Which? calls for airlines to be fined over travel disruption April 13, 2022 Which? called today for airlines to be fined over the ongoing travel disruption. The consumer champion called for the Civil Aviation Authority (CAA) to be given “teeth” after a spike in Covid infections among staff forced airlines to slash hundreds of flights. “With many in the industry predicting a busy summer, the government must work [...]
My Little Pony turned Dungeons & Dragons: Hasbro snaps up D&D Beyond for £111m April 13, 2022 Play-Doh and My Little Pony maker Hasbro has snapped up fan favourite Dungeons & Dragons creator D&D Beyond for $146.3m (£111.7m).
Q&A: How the Chelsea sale process works April 13, 2022 As the deadline for Chelsea bids loom, the government will finally have to weigh in on the future of the club. Whilst DCMS and the Treasury have so far taken a hands-off approach, the takeover process is set to enter a new period. Who is overseeing the sale? The US bank Raine Group is overseeing [...]
Supermarkets drag down London indexes on spending jitters April 13, 2022 London’s top indexes were muted today as investors ditched shares in supermarkets despite Tesco posting bumper profits. The capital’s premier FTSE 100 index edged 0.05 per cent higher to 7,580.80 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dipped 0.12 per cent to 20,984.45 [...]
Oil prices continue resurgence amid escalating supply shortage fears April 13, 2022 Both major benchmarks extended gains today, with Russia revealing peace talks with Ukraine had reached a dead end.
Darling Darktrace’s shares plummet despite boosting revenue outlook April 13, 2022 Darktrace upped its revenue estimates once again as the world continues to feel the sting of cyber threats.
High Court judge calls for cap on divorce costs as Siberian supermarket exec racks up £8m in fees April 13, 2022 A High Court judge has called on the government to put a cap on the cost of getting a divorce, in commenting on a protracted legal battle between a Siberian supermarket executive and her homemaker husband. Mr Justice Mostyn decried the “apocalyptic” state of affairs, that has seen a couple rack up £5.4m in costs, [...]
Pressure builds on Bank of England to tackle 30-year high inflation print April 13, 2022 Pressure on the Bank of England to get serious about tackling historic high inflation intensified today as analysts warned the cost of living could reach double digits this year. Prices are already rising at the fastest pace since 1992, climbing seven per cent over the last year, according to figures released by the Office for [...]