Trades Union Congress chief Frances O’Grady to step down April 12, 2022 Frances O’Grady will step down as the general secretary of theTrades Union Congress (TUC) at the end of the year, after nine years in charge. O’Grady today said “leading the UK’s trade union movement has been the greatest honour of my life”. The TUC is an association body for the UK’s unions, with its chief [...]
EU court expands scope of flight refund policy to non-EU airlines April 12, 2022 The EU’s highest court has expanded the scope of its flight refund policy, by allowing passengers to claim refunds from non-EU airlines. The European Court of Justice ruled in favour of plaintiffs suing Chicago headquartered firm United Airlines in allowing them to claim a refund for a 223-minute delay between Brussels and San Jose, [...]
Partygate: Met issues another 30 fines as police probe continues April 12, 2022 The Metropolitan Police has issued at least another 30 fines for breaches of Covid-19 rules in Downing Street and Whitehall as the police investigation into the partygate scandal continues. More than 50 fixed penalty notices have now been handed out to government employees that attended parties or social gatherings while England was under strict Covid [...]
Terrible Tuesday for Rolls-Royce as shares plunge after JP Morgan downgrades firm and slashes target price April 12, 2022 Shares in engineering giant Rolls-Royce tanked this morning after bankers at JP Morgan downgraded the stock to ‘underweight’ and slashed its target price.
Cost of living grip tightens as wages trail rampant inflation April 12, 2022 The cost of living crunch is tightening its grip on Britons’ living standards in a further sign that the UK economy is hurtling towards a period of slow growth. Fresh figures published by the Office for National Statistics (ONS) today reveal pay is lagging far behind inflation, meaning households are unable to buy the same [...]
City’s prestigious Dragon Awards to focus on firms promoting socio-economic diversity April 12, 2022 Firms hiring workers from diverse socio-economic backgrounds will be the focus of the City’s prestigious Dragon Awards this year. As the ceremony returns to an in-person event for the first time since the pandemic, the City of London Corporation is looking to shine a light on companies offering opportunities to those less well off. This [...]
London Stock Exchange Group shares tumble as broker raises questions over revenue growth April 12, 2022 Shares in the London Stock Exchange Group have plunged this morning as a top broker raised questions over the firm’s long term revenue growth.
Crypto markets still slipping under pressure from worsening inflation April 12, 2022 The price of Bitcoin has since returned above $40k, but it’s still down around five per cent over the past 24 hours and 15 per cent over the week.
Brits face 12-month travel disruption following staff shortages April 12, 2022 Brits need to brace up to 12 month of travel disruption as a result of ongoing staff shortages, industry experts said. According to Kully Sandhu, Aviation Recruitment Network’s managing director, recovering from the current climate of airlines’ cancellations and airports’ disruption will take “at least the next 12 months.” Covid and the impact of Brexit [...]
EU watchdog approves foreign takeover of British firm Meggitt April 12, 2022 Brussels has given its blessing to a £6.3bn takeover of British defence company Meggitt by a US buyer.
