Shares plunge in London-listed recruiter hit by soaring costs and Afghanistan turmoil March 28, 2022 The RTC Group has been hit by soaring operational costs and higher employment levels, as the recruiter wrestles with a pandemic-era trend of people not wanting to change their jobs. The London-listed company’s revenue fell from £81.4m in 2020 to £77.7m in the year to 31 December, as its CEO explained the removal of Western [...]
Shapps looks to strong arm P&O with minimum wage law changes March 28, 2022 Ministers are hatching plans to try and strong arm beleaguered ferry firm P&O into rehiring the 800 workers it unceremoniously sacked this month.
As supermarkets keep costs low, farming bears the brunt of inflation in the middle March 28, 2022 The British farming industry is facing a tumultuous future. The impact of high inflation coupled with the reverberations of the war in Ukraine has left farmers high and dry without access to crucial products. What insiders have termed an “unprecedented crisis” could cause radical change in the British farming sector – an opportunity for some, [...]
Colourful, hip Copenhagen is a city that’s always changing March 28, 2022 THE WEEKEND: The original Scandi city break, Copenhagen is straight out of a fairy-tale. Royal palaces, looming church spires, cobbled streets and higgledy-piggledy rainbow-bright houses punctuate the serene canals. Yet there’s nothing old-fashioned about the Danish capital, which is always changing. This hip, seafront city is as contemporary as they come, with futuristic architecture, a [...]
US sanctions and 5G slowdown sparks Huawei revenue dip March 28, 2022 Chinese tech firm Huawei recorded its first yearly revenue drop on record in 2021 as sanctions chip away at the company's growth.
Patel launches probe into Sadiq Khan’s handling of Cressida Dick resignation from the Met March 28, 2022 Sadiq Khan’s handling of Dame Cressida Dick’s resignation as the Metropolitan Police commissioner is set to be probed by Whitehall, home secretary Priti Patel has announced. Patel today said in a written statement that the “circumstances in which the outgoing [Met] commissioner is leaving her role warrant a closer look at the legislation which governs [...]
Tesla pauses Shanghai output amid fresh Covid-19 lockdown March 28, 2022 Tesla has reportedly paused output from its factory in Shanghai, China’s largest city which has entered a fresh lockdown today. The carmaker, founded by billionaire Elon Musk, has notified its workers and suppliers of the move, Reuters first reported, citing people familiar with the matter. Shanghai officials said last night that they would impose a [...]
As tourism returns, we say: ‘Good morning Vietnam!’ March 28, 2022 Like much of the world, Vietnam was on its knees these last few years. Around 18 million foreign tourists visited in 2019 compared to a paltry 3,500 in 2021. But now visitors are flocking back. What’s more, there’s never been a better time to go: some high-end resorts are offering 25 per cent discounts on [...]
Private equity giants snap up women’s health firm Theramex for £1.2bn March 28, 2022 Investment giants Carlyle Group and PAI Partners have agreed a deal to snap up women’s pharma business Theramex from CVC Funds as they look to accelerate the firm's growth plans.
Sunak gives with one hand and takes with another to paint a positive veneer March 28, 2022 LAST week’s spring statement—the chancellor’s mini-budget, and a significant opportunity to lay out priorities and plans—was a big event for Rishi Sunak. While Covid cases persist and people are still dying, there is a broader feeling that the pandemic is now under control, and that the country can now think about moving into a post-virus [...]
