Travel chaos escalates as 23-mile M20 stretch closed after ferry shortage April 7, 2022 Travel chaos continued to escalate today as a 23-mile stretch of M20 was closed due to the ongoing ferry shortage. The motorway was closed from Maidstone to Westenhanger, while thousands of lorries were stuck in bottlenecks on their way for the Port of Dover or the Eurotunnel. Delays at Channel crossings were driven by a [...]
Corbin & King has fallen: What does it mean for The Wolseley, Zedel et al? April 7, 2022 You can be forgiven for not following the corporate intricacies of the hospitality sector, but last week was significant. On Friday, it was announced that Corbin & King, the restaurant group founded in 1981 by the eponymous Chris and Jeremy, had been bought out of administration by Minor International, the vehicle of American-born Thai billionaire [...]
Days after comparison to ‘negotiating with Hitler’, Macron’s dialogue with Putin is ‘splitting Nato’ April 7, 2022 Days after Poland accused France’s president of “negotiating with Hitler” by speaking to Vladimir Putin, France has now been accused of “splitting Nato” with its continued attempts to talk with Russia. Its president Emmanuelle Macron has been keeping an open dialogue with Moscow’s leader, along with Germany. Putin has been accused of war crimes, a [...]
EU to delay coal ban amid pressure from Germany April 7, 2022 The EU will ban Russian coal a month later than planned amid pressure from Germany to delay the restrictions.
EP: 123 Aintree – Friday April 7, 2022 We can look forward to some high class jumps racing at Aintree on Friday, a day before the Grand National takes place. Four Grade 1 races feature on Friday, alongside the Topham Handicap Chase which is run over the national fences, albeit over a shorter trip. City A.M. racing editor Bill Esdaile previews the best [...]
Crypto and other financial markets drop as further economic sanctions kick in April 7, 2022 After struggling with resistance above $47,500 for the last week, the price of Bitcoin has dropped four per cent this morning.
Passenger rights take off as non-EU airlines including BA and easyJet to be made liable for compensation April 7, 2022 Non EU airlines operating flights on behalf of carriers from the bloc will be liable for compensation for delayed and cancelled flights. Issued today by the Court of Justice of the European Union, the verdict represents another boost to passenger rights. “Passengers of a delayed flight may claim compensation from a non-EU air carrier where [...]
Buffett continues investment resurgence as Berkshire takes $4.2bn stake in HP April 7, 2022 Warren Buffet’s investment resurgence continued yesterday as his firm Berkshire Hathaway revealed a 11.4 per cent stake in the US IT giant HP.
Axie Infinity makers raise $150m to repay victims of massive crypto hack April 7, 2022 Sky Mavis, the company behind the popular Axie Infinity game, has raised $150m (£113m) from to repay the victims of a massive hack.
Letters: Energy is a balancing act April 7, 2022 [Re: UK to build thousands more wind turbines under new energy strategy, April 2] Boris Johnson’s proposals for a new energy strategy overlook one of the most important but complex matters when approaching a net zero grid. There is currently enough energy generated to meet net-zero grid ambitions, but supply and demand don’t always match [...]
