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 [...]
Shrinkflation: Cadbury reduces size of Dairy Milk bars as inflation pressures hit March 28, 2022 Cadbury has downsized the size of its Dairy Milk sharing bar as it feels the bite of rising costs. Parent company Mondelez said it was shrinking the size of the bars by 10 per cent as it faces inflationary pressures. The chocolate bar will be reduced from 200g to 180g, but still sold at £2. [...]
FCA under fire as investigations into senior manager misconduct dwindle March 28, 2022 The UK's financial watchdog is under fire after fresh data revealed the number of investigations into senior manager misconduct has halved.
Brits’ inflation expectations scale to record high March 28, 2022 Britons’ expectations of where inflation will land in a decade has climbed to the highest level ever, reveals a closely watched survey published today. Households think the rate of price rises will still be more than double the Bank of England’s two per cent target in 10 years’ time, running at 4.4 per cent, according [...]
