Major union Unite sees average ‘gender pay gap’ increase over past year April 13, 2022 The UK’s largest union Unite has revealed the gap between average pay for its male and female employees has widened, with the union being accused of “hypocrisy”. A new Unite report showed the “mean gender pay gap” for its 1,072 employees increased by 0.6 per cent in the past year, despite the trade union often [...]
Partygate: Junior minister resigns after PM given police fine April 13, 2022 Junior justice minister Lord David Wolfson has quit the government for “repeated rule-breaking” in Downing Street in what is the first ministerial resignation after Boris Johnson was handed a police fine yesterday. Wolfson said in a resignation letter to the PM that “the scale, context and nature” of the breaches of Covid rules by the [...]
The City View: Rob Appleby, CIO of the Cibus Fund, on the future of food, food tech, and supply chain disruption April 13, 2022 Today Andy Silvester chats to Rob Appleby, co-founder and Chief Investment Officer of the Cibus Fund, a London-based private equity platform focused on investments in sustainable food and agriculture. They go through the tech revolution in farming; why we should rethink the production of food; the impact of Russia’s invasion of Ukraine on the global [...]
Sky-high inflation forces Brits to raid pandemic savings April 13, 2022 Brits are being forced to run down their pandemic-induced savings to maintain spending amid historically steep inflation, reveals fresh figures published today. Pay is trailing behind the rate of price rises, meaning households are having to raid their war chests to maintain living standards. Over one in two Brits have already drawn from their savings [...]
High Court bans man from suing people after he files £33.3 quadrillion claim April 13, 2022 The High Court has banned a man from suing people, after he tried to sue someone for more gold than has ever been mined in history. The court said serial litigator Sayed Sangamneheri should not be allowed to file anymore claims for the next two years, after he sought to claim £33.3 quadrillion. After the [...]
Which? calls for airlines to be fined over travel disruption April 13, 2022 Which? called today for airlines to be fined over the ongoing travel disruption. The consumer champion called for the Civil Aviation Authority (CAA) to be given “teeth” after a spike in Covid infections among staff forced airlines to slash hundreds of flights. “With many in the industry predicting a busy summer, the government must work [...]
My Little Pony turned Dungeons & Dragons: Hasbro snaps up D&D Beyond for £111m April 13, 2022 Play-Doh and My Little Pony maker Hasbro has snapped up fan favourite Dungeons & Dragons creator D&D Beyond for $146.3m (£111.7m).
Q&A: How the Chelsea sale process works April 13, 2022 As the deadline for Chelsea bids loom, the government will finally have to weigh in on the future of the club. Whilst DCMS and the Treasury have so far taken a hands-off approach, the takeover process is set to enter a new period. Who is overseeing the sale? The US bank Raine Group is overseeing [...]
Supermarkets drag down London indexes on spending jitters April 13, 2022 London’s top indexes were muted today as investors ditched shares in supermarkets despite Tesco posting bumper profits. The capital’s premier FTSE 100 index edged 0.05 per cent higher to 7,580.80 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dipped 0.12 per cent to 20,984.45 [...]
Oil prices continue resurgence amid escalating supply shortage fears April 13, 2022 Both major benchmarks extended gains today, with Russia revealing peace talks with Ukraine had reached a dead end.