P&O Ferries to pay £36.5m compensation to workers affected by layoffs March 22, 2022 P&O is set to pay a total of £36.5m to workers who were fired last week in a four-minute video call. The company said that 575 of the 786 seafarers affected by the job cuts are expected to progress with the severance offer, which in some cases amounts to £170,000 per person, Sky News first [...]
Oil rally stalls as EU remains split on sanctions March 22, 2022 Oil prices stumbled today as the prospect of an EU embargo on Russian oil faded - while the dollar also strengthened in the US.
CAA board member steps down over IAG conflict of interest March 22, 2022 A member of the Civil Aviation Authority (CAA) was forced to step following a conflict of interest, the aviation regulator announced yesterday. A former British Airways’ (BA) director of engineering, Garry Copeland resigned after a CAA audit of the members’ financial interest found he was holding some shares in BA’s parent company IAG instead of [...]
Financials rally boosts London’s top indexes March 22, 2022 A rally among financial stocks boosted London’s top indexes this morning as the FTSE 100 closes in on its pre-Russian invasion of Ukraine high. The capital’s premier FTSE 100 index closed 0.46 per cent higher at 7,476.72 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, [...]
Polymetal International hires new chair after boardroom exodus March 22, 2022 Polymetal Internationa has hired Riccardo Orcel as its new chair - following the mass exodus after Russia's invasion of Ukraine.
DWF looks towards Africa and Latin America after striking deals with Iberian firms March 22, 2022 Listed law firm DWF has struck deals with two separate firms, in Spain and Portugal, in line with its plans for global expansion. The Manchester headquartered company said it had come to agreements with Spanish firm RTS Group and Portuguese law firm Nobre Guedes & Associados (NGA), with a viewing to strengthening its position on [...]
Fresh review – a delightfully disturbing thriller March 22, 2022 Loveable Marvel star Sebastian Stan has been trying some darker roles recently, playing shady characters in The Devil All The Time and The 355, as well as raucous rocker Tommy Lee in Disney+ series Pam & Tommy. However, nothing the actor has done so far will touch the grizzly insanity of his new role, horror-thriller [...]
London fintech Jeeves gets Tencent backing in $180m funding round March 22, 2022 London corporate card fintech Jeeves has won the backing of Chinese tech giant Tencent in a fresh $180m funding round announced today.
Deep Water review is this Sad Affleck’s disasterpiece? March 22, 2022 Poor Ben Affleck. Last year he was laughed out of cinemas for his part in The Last Duel, and his solid performance in The Tender Bar was largely ignored by awards voters. This year saw The Batman, a film he was originally meant to direct and star in, become a huge success with someone else [...]
One in five Brits expect to fall into debt as cost of living soars March 22, 2022 One in five Brits are anticipating being plunged into debt by spiralling energy prices and the rising cost of living, fresh data has revealed.
