Back at it: British Airways restarts short-haul operations from Gatwick March 29, 2022 British Airways (BA) restarted short-haul operations from Gatwick today, the airline announced. Services – including flights to Amsterdam, Ibiza and Marrakech – will initially operate under BA’s Air Operators Certificate before moving to subsidiary BA Euroflyer. “Today marks a significant milestone for British Airways as we operate our first European services from Gatwick in two [...]
Brits splash on the plastic to uphold spending amid cost of living squeeze March 29, 2022 Brits are scrambling to take on debt to maintain spending amid one of the tightest cost of living crises in a generation, new figures released today reveal. Soaring prices and weak pay growth are making it tougher for households to maintain their existing lifestyles, strengthening incentives to use credit cards to plug budget gaps. Data [...]
Ørsted sells 50 per cent stake in world’s largest offshore wind farm for £3bn March 29, 2022 Ørsted has offloaded a 50 per cent stake in the world's largest offshore wind farm for £3bn to AXA IM Alts and Crédit Agricole.
Government readies to name and shame rogue landlords on social media March 29, 2022 The government is preparing to name and shame landlords on social media for breaching housing regulations. Under draft legislation published on Tuesday, social housing landlords who do not offer adequate homes will be made examples of on the gov.uk website and its social media channels. Dodgy landlords will be identified if they fail to meet [...]
Bitcoin climbs to a 2022 high as $48k is breached March 29, 2022 The price of Bitcoin has risen for the seventh consecutive day, up 12 per cent in the last week to just under $47,500 this morning.
Bus routes disrupted as drivers carry on with 48-hour strike against operator Arriva March 29, 2022 Around 30 London bus routes were disrupted in the last two days, as drivers continue to carry on with their 48-hour strike against bus operator Arriva London. The walkout was scheduled to last from yesterday until 3am tomorrow. Called on by the union Unite on Friday, the strike involves drivers based in depots around Croydon [...]
1 Minute Market Rundown – 29th March 2022 March 29, 2022 Russia – UkraineAre we back in 2021?Crypto consolidates You’d be forgiven for thinking you had woken up in early 2021 when looking at some US stocks this morning. AMC up 50%, GameStop up 25% and Bed Bath and Beyond up 17%. Meme stocks seem to be en vogue once again but we will try not [...]
Treasury prepares to unveil new UK rules for crypto industry March 29, 2022 The UK government is poised to reveal its regulatory plans for the crypto industry in the coming weeks with particular focus on stablecoins.
AIG lines up IPO for retirement division as it inks $150bn deal with BlackRock March 29, 2022 US insurance giant AIG is lining up an IPO for its life insurance and retirements business which is expected to fetch a valuation of more than $20bn.
P&O tells Government rehiring staff would lead to “financial collapse” March 29, 2022 P&O Ferries can’t rehire those 800 seafarers it sacked earlier this month without risking a “financial collapse”, its boss Peter Hebblethwaite said today. “The circumstances which led P&O Ferries to make the decision in the first place still apply,” Hebblethwaite told transport secretary Grant Shapps in a letter. “Complying with your request would deliberately cause [...]
