African M&A: Technology helping to renew optimism March 23, 2022 How has African M&A fared during the pandemic? What might the market expect in the coming year? What impact is technology having on the industry? One thing that is clear from discussion at our recent webinar is that, despite a sluggish period on the continent, there is renewed optimism for the future. Resurgence in M&A Africa has [...]
Air traffic control attempted to reach China Eastern pilots prior to crash and officials find black box March 23, 2022 The pilots of the China Eastern plane that crashed failed to respond to calls from air traffic controllers, according to the Chinese aviation regulator. Air traffic controllers launched multiple attempts to reach the pilots of flight MU5735 after it turned into a nosedive position, but received no response, head of aviation safety at the Civil [...]
‘Major incident’ in Stratford following ‘high quantity of chlorine gas’ released in London Aquatics Centre March 23, 2022 Emergency services are responding to a “major incident” at the London Aquatics Centre in Stratford and are treating “a number of patients” with “breathing difficulties”. The London Fire Brigade said a “high quantity of chlorine gas” was released inside the building in the Queen Elizabeth Olympic Park due to a “chemical reaction”. The brigade tweeted: [...]
Nestlé suspends brands including KitKat and Nesquik in Russia after scolding from Ukrainian President Zelensky March 23, 2022 Food and beverage giant Nestlé is suspending brands including KitKat and Nesquik in Russia. “We are focused on providing essential foods such as baby food and medical/hospital nutrition products. This means we will suspend the vast majority of our pre-war volume in Russia,” a Nestlé spokesperson said. It comes after the world’s largest consumer goods [...]
P&O Ferries boss apologises ahead of hearing tomorrow amid PM claims company broke law March 23, 2022 P&O’s chief executive Peter Hebblethwaite apologised today to his staff ahead of tomorrow’s joint parliamentary hearing as Prime Minister Boris Johnson claimed the ferry operator has broken the law. Hebblethwaite said sacking almost 800 seafarers was an “incredibly difficult decision” but necessary to save the company. “I want to say sorry to the people affected [...]
Rishi Sunak needs to tell a story if he wants to keep a hold on the economy March 23, 2022 In an interview with the Sunday Times earlier this month, Gordon Brown gave a quote that was both reflective of his past failings and the challenge that lies ahead for Rishi Sunak. “I’m afraid we didn’t win the argument. You learn as you get older, or at least more experienced, that the facts are not [...]
UK crypto firm pushes back against FCA rules March 23, 2022 Crypto exchange Gemini has warned the UK regulator that draft rules for digital assets risk encouraging firms to relocate offshore.
MoJ puts out ‘urgent call’ for evidence from victims of legal threats and libel lawfare March 23, 2022 The UK’s Ministry of Justice (MoJ) has put out an “urgent call” for evidence of large firms and wealthy individuals using lawsuits to silence criticism. The call comes after the government vowed to crack down on those using legal threats to silence the press and “stifle legitimate criticism”. In a statement, justice secretary Dominic Raab [...]
European energy firms dithering over Russia departure March 23, 2022 European companies are dithering over departing from Russia - with key assets and supply deals in the sanction hit country.
Average UK house price stands at £274k, a £24k annual increase March 23, 2022 The average UK house price hit £274,000 in January, a £24,000 uplift compared to the year prior. Average house prices increased 9.6 per cent over the year to January, a dip from 10 per cent in December 2021, according to the latest official statistics. London continues to be the region with the lowest annual growth [...]
