Ineos chief Sir Jim Ratcliffe urges Kwasi Kwarteng to approve fracking test site April 11, 2022 Billionaire industrialist Sir Jim Ratcliffe has asked Business Secretary Kwasi Kwarteng for permission to drill a shale test site.
Elon Musk turns down Twitter board after asking 80m followers: ‘Is it dying?’ April 11, 2022 Elon Musk, the man behind Tesla and SpaceX, has turned down a spot on Twitter’s board, after being revealed as the platform’s majority shareholder. New Twitter CEO Parag Agrawal confirmed this morning: “Elon has decided not to join our board. “I believe this is for the best.” Musk was due to step onto the board [...]
Heathrow marks highest passenger numbers since start of Covid April 11, 2022 Heathrow Airport revealed the number of passengers in March hit its highest level since the start of the pandemic. After the government scrapped all travel restrictions earlier this year, enthusiasm to travel rebounded strongly, the airport said this morning. Demand was being driven by “outbound leisure at weekends and during school holidays, as Brits make [...]
Travel and tourism firms drive February GDP growth as pace slows April 11, 2022 The UK marked a slower pace of GDP growth in February versus the month prior, with drops in production and construction. According to figures from the Office for National Statistics (ONS), GDP grew by 0.1 per cent in February 2022, after 0.8 per cent growth in January. The services industry, which grew 0.2 per cent, [...]
Property deposits for first-time buyers swell over 50 per cent in last decade April 11, 2022 The average deposit for first-time buyers has rocketed more than 50 per cent over the last 10 years – even after adjusting for inflation, according to a new study. As homeownership falls further out of reach for first timers, those trying to get on the property ladder must have a deposit of more than £45,500, [...]
Letter to Boris: Sunak calls for independent advisors amid wife’s non-dom status April 11, 2022 Rishi Sunak has written to the Prime Minister this evening asking him to refer his ministerial declarations to the Independent Advisor on Ministers’ Interests.
Audioboom revels in record quarter revenues with robust advertising growth April 11, 2022 Audioboom has sounded off its first quarter with record revenues of $19.7m - up 107 per cent year-on-year amid robust advertising growth.
Tortilla enjoys record revenue jump as it opens new site in Gatwick Airport April 11, 2022 Mexican restaurant chain Tortilla has secured a record revenue for the past 12-months, despite kicking off the year with Covid-19 closures. The retailer enjoyed a nearly 80 per cent jump in revenue to £48.1m in the year to 2 January, up from £35.4m prior to the pandemic. Tortilla, an on-the-go retailer, debuted on the London [...]
Rent roll soars for Sirius Real Estate in wake of BizSpace takeover April 11, 2022 Industrial park operator Sirius Real Estate has said its rent roll hit €167m last year after snapping up BizSpace in the UK. The real estate owner said the acquisition of BizSpace in November 2021 had provided the firm with “geographic diversification.” Andrew Coombs, chief executive officer of Sirius Real Estate said the established operating platform [...]
Rishi stole the crypto thunder with an NFT as Whitehall fights to go digital April 11, 2022 Last week, away from the grinding tragedy of the war in Ukraine and the ongoing fears over rising costs of living, Rishi Sunak unveiled an eye-catching plan. The Royal Mint is set to launch its own non-fungible token (NFT), marking the beginning of the government’s plans to wade into the cryptocurrency sector. NFTs have been [...]
