City A.M. Awards 2022: Business of the Year April 4, 2022 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]
More goods could be included in rouble-for-gas scheme warns Kremlin April 4, 2022 More goods could be included in Russia's rouble payment scheme for natural gas, according to Kremlin spokesperson Dmitry Peskov.
Prime London rent hits double-digit growth for first time since 2010 April 4, 2022 The priciest areas to rent in London have seen double-digit annual rental growth for the first time in more than a decade. According to figures released by Savills, growth in prime London hit 11.1 per cent in the first quarter of this year, against a backdrop of low stock levels. It is the first time [...]
Watch Zelensky tell Grammy Awards: ‘Our musicians wear body armour instead of tuxedos’ April 4, 2022 Ukraine’s president rallied for support at the prestigious Grammy Awards, telling guests to support his people “in any way you can” but “not silence”. The embattled leader, Volodymyr Zelensky, appeared in a pre-recorded message to the glittering music ceremony on Sunday night, as news of civilian casualties, and mass graves, was reported in the country. [...]
Explainer-in-brief: Behind the upcoming energy strategy April 4, 2022 As we brace ourselves for higher energy bills this month, the energy strategy is expected to finally come out this week. Boris Johnson has made clear that his juice of choice is nuclear, setting the goal of getting a quarter of the country’s electricity from nuclear power. Yet nuclear can’t be the only homemade source, [...]
Wizz Air reports increasing passenger demand despite war headwinds April 4, 2022 Wizz Air has reported an ongoing increase in passenger demand despite headwinds caused by the war in Ukraine. The low-cost carrier said today passenger demand in March peaked at 2.5 million passengers – a 416 per cent increase on the same month last year – at a load factor of 86.2 per cent. Over the [...]
Ryanair narrows 2021 loss forecast and increases fuel hedging April 4, 2022 Ryanair announced today it would narrow its loss forecast for the year ended 31 March, as for the first time in two years passenger numbers topped pre-Covid levels. The low-cost airline said it was expecting net losses to be between €350m and €400m, after previously guiding to be between €250m and €400m. Just last week, [...]
Protestors block London Esso oil facility ahead of new UN climate report April 4, 2022 Protestors have blocked an Esso oil facility near Heathrow Airport with two bamboo structures in a bid to stop new fossil fuel developments. In a fourth day of protests, demonstrators from Extinction Rebellion and the Just Stop Oil Coalition have been blocking the exits to several oil facilities across the country, beginning with seven on [...]
Southwark makes £5m from low-traffic zone fines April 4, 2022 Southwark council made more than £5m from penalties given to motorists who drove into Dulwich low-traffic zones. Around £1.6m was made from low-traffic neighbourhoods in Walworth between 29 March 2021 and 13 March 2022, while an additional £361,897 was made by cameras from a project developed Guys and St Thomas’s Trust Charity. But according to [...]
Carnival shareholders advised to vote against boss’ lofty pay following P&O backlash April 4, 2022 Investor advisory groups have advised Carnival shareholders to vote against its chief executive’s lofty bonus, after its “poor company performance”. Carnival, the cruise operator behind P&O, Princess and Cunard brands, has made headlines over the past few weeks after P&O sacked some 800 staff overnight, without consulting trade unions. Chief executive Arnold Donald took [...]