Government decides it will go ahead with plan to ban conversion therapy following backlash April 1, 2022 The government has decided it will go ahead with its plans to ban conversion therapy after a leaked document revealed it was scrapping the move. “The PM has agreed we should not move forward with legislation to ban LGBT conversion therapy,” the document read, ITV News first reported. Following backlash from politicians, charities and businesses, [...]
Starmer: Public should know if Carrie Johnson was fined in partygate, and if Sunak’s wife Akshata Murthy benefits from Russian ties April 1, 2022 Labour leader Keir Starmer has said the public should know if Prime Minister Boris Johnsons’s wife Carrie was given a fine due to partygate, and if Rishi Sunak’s wife benefits from business ties in Russia. The leader of the opposition was asked whether there was any comparison between Mrs Johnson being fined over the lockdown [...]
Fashion chain Quiz anticipates profit for first time in three years April 1, 2022 High street clothes-seller Quiz said it anticipates the first year of profit since 2019, after heavy pandemic losses. The beleagured chain forecast a profit before tax of some £500,000 in the year to the end of March. It last made a profit of £600,000 in the year ending March 2019. Total full year group revenue [...]
UK plans to sanction all Russian nationals would breach equality laws, banks say April 1, 2022 The UK government’s plans to ban Russians from holding more than £50,000 in UK bank accounts are unfeasible, banks have said. Banks have told the government that the sanctions measures put in place in response to Russia’s invasion of Ukraine would breach equality laws, which prevent discrimination on the basis of nationality. The sanctions set [...]
Minor wins bid for The Wolseley after battle between Corbin & King and Thai stakeholder April 1, 2022 The Wolseley restaurant’s majority shareholder has taken full control of the chain following a row with its co-founder. Corbin & King’s co-founders have previously said the London restaurant business was “under siege” from its shareholder. Thai hotel chain Minor International already held a 74 per cent stake in the company and said it now has [...]
Ollie Phillips: Sale Sharks top the league for 2022/23 signings so far April 1, 2022 This season of Premiership rugby is so exciting and engaging to watch, but some of the planned transfers mean I already cannot wait for next year. After Sale Sharks confirmed the signing of Tom O’Flaherty from Exeter Chiefs, it made me think just what the north west club could achieve in 2022-23. The signature of [...]
Protestors block exits to seven oil facilities in bid for no-new-oil pledge April 1, 2022 Campaigners have blocked the exits to seven oil facilities near London, Birmingham and Southampton, in a bid to halt new oil and gas developments. Protestors from the Just Stop Oil Coalition and Extinction rebellion have planted themselves along roads to stop oil tankers from leaving the facilities. One protestor from London, Jack Johnson, said: [...]
Peel Hunt revenue surpasses expectations despite market slowdown amid war in Ukraine April 1, 2022 Investment bank Peel Hunt has traded ahead of analyst expectations despite a slowdown in activity after Russia’s invasion of Ukraine. Its execution and trading business marked a strong end to the year while its investment banking division marked record revenues. Revenue for the full year is anticipated to stand at around £131m, the City firm [...]
Mining giant BHP to face £5bn lawsuit over Brazilian dam collapse disaster April 1, 2022 Mining giant BHP is set to face a £5bn lawsuit in London’s Court of Appeal next week, over the collapse of a Brazilian dam in 2015 which led to one of the country’s worst ever environmental disasters. The claim, brought forward by more than 200,000 Brazilians, follows the catastrophic collapse of the Fundão tailings dam [...]
Businesses hit with 250 per cent increase in gas bills April 1, 2022 Businesses are facing a five-fold increase in gas bills, warns Cornwall Insight, amid wholesale market volatility and supply shortage fears.