P&O accuses Coastguard of ‘unprecedented rigour’ after two ships detained March 30, 2022 P&O Ferries accused today the Maritime and Coastguard Agency (MCA) of displaying “an unprecedented level of rigour” after it detained two of the firm’s ships. The European Causeway and Pride of Kent vessels were detained in the last few days over safety concerns, as government scrutiny around P&O increased following the layoff of around 800 [...]
Netherlands stops short of emergency gas plans amid supply shortage fears March 30, 2022 The Dutch government will advise citizens and businesses to use less gas but has stopped short of activating emergency energy plans.
TUI’s summer demand grows as bookings ‘unaffected’ by Ukraine war March 30, 2022 TUI’s demand has grown to 80 per cent of 2019 levels as bookings remain almost “unaffected” by the war in Ukraine, the company said today. Overall summer bookings went up by 2.1 million since February, while in the UK demand grew 14 per cent on pre-Covid levels. Nordic countries and Poland, though, registered “subdued” levels [...]
Aircraft leasing firm BOC retrieves 747 from Russian operator March 30, 2022 Aircraft lessor BOC Aviation announced today it had retrieved a Boeing 747 freighter from Russian operator AirBridgeCargo. The aircraft was flown on 25 March from Hong Kong to California after a US judge allowed the company to repossess it. The Singapore-based lessor explained that the plane was worth $148m and AirBridgeCargo had breached leases for [...]
FCA spares UK crypto firms from ejection by waiving key deadline March 30, 2022 The Financial Conduct Authority (FCA) has relented on a requirement for crypto asset firms in the UK to attain approval by 31 March.
Cambo licence extended for two more years amid push for North Sea exploration March 30, 2022 The North Sea Transition Authority has extended the licence for the Cambo oil and gas field for a further two years.
Plans for huge theme park the size of 136 Wembley Stadiums is withdrawn, for now March 30, 2022 Plans for a huge theme park on the outskirts of London, reportedly the size of 136 Wembley Stadiums, have been temporarily scrapped. Request for planning by the London Resort site, billed as a venue to rival Disneyland Paris, was withdrawn this week, despite those behind it saying they are “still 100 per cent committed”. According [...]
eEnergy and EO Charging pledge to deliver 50,000 EV office chargers by 2030 March 30, 2022 eEnergy announced today it will partner with electric vehicle (EV) charging firm EO Charging to roll out 50,000 EV office chargers by 2030. The partnership will initially focus on the UK education sector, providing 200 charging spots by the end of April, with numbers going up to 2,000 within the first 12 months. The digital [...]
Broadband startup Cuckoo calls on industry to abolish exit fees and end £1.3bn price hikes March 30, 2022 Broadband exit fees and above-inflation price rises should be scrapped as UK customers face a cost of living crisis, the CEO and founder of broadband firm Cuckoo Alex Fitzgerald has demanded.
1 Minute Market Rundown – 30th March 2022 March 30, 2022 Russia – Ukraine de-escalation?Asian Stocks higherCrypto consolidates Risk continues to trade firm overnight and this morning as the market begins to see the path of least resistance as a de-escalation in geopolitical risks from the Ukraine invasion. It would take a brave person to say we are completely out of the woods but it is [...]
