Strongest year-start since 2005: Brits fork out average of £255,556 on houses as prices soar February 1, 2022 Buyers are paying more than ever before for their homes with the average UK house costing 11.2 per cent more than it did last year.
Rio Tinto: Workplace review reveals bullying, sexual harassment and racism February 1, 2022 Anglo-Australian miner Rio Tinto has published a damning external review of its workplace culture suggesting widespread issues at the company.
Face masks on flights are not going anywhere, experts warn February 1, 2022 Travellers will be wearing a mask aboard flights for the foreseeable future, as aviation experts believe it will be impossible for single carriers to remove the policy anytime soon. Aviation insiders believe UK airlines will look for “international consistency” before allowing a policy change, acting as one. “Until there is a harmonised lifting of mask [...]
The New York Times hints freshly acquired Wordle may no longer be free February 1, 2022 The New York Times has snapped up viral puzzle game Wordle, a move which could eventually see the game placed behind a paywall.
Omicron and supply chain issues plague Joules’s profitability February 1, 2022 The rise of Omicron and ongoing supply chain issues have plagued the profitability of British lifestyle group Joules. In the six month ended 28 November, Joules’s financial results were in line with previous guidance, as profits went down 29.7 per cent on 2020 levels to £2.6m, while revenues hiked to £127.9m. But in the last [...]
Virgin Money reports steady growth despite mortgage and business lending slowdown February 1, 2022 Virgin Money has reported steady growth in the first three months of its financial year as both lending activity and deposits from existing customers saw an uptick. Deposits from existing customers rose 1.2 per cent to hit £31bn, despite overall deposits sliding two per cent to £65bn in the quarter. Unsecured lending from the group [...]
ExxonMobil cuts costs and combines businesses amid activist pressure February 1, 2022 ExxonMobil is cutting costs amid activist pressure, in a bid to boost returns and accelerate its transition to a greener future.
Fresh doubts over Nord Stream 2 pipeline as EU put approval process on hold February 1, 2022 Approval for Nord Stream 2 has been put on hold, and the European Commission will scrutinise the project's compliance with EU energy policy.
Sureserve Group secures £20m deal with Tower Hamlets Homes February 1, 2022 Sureserve Group (Sureserve) has signed a 10-year £20m agreement with Tower Hamlets Homes to provide domestic gas services for its council houses. The wholly owned subsidiary K&T Heating Services (K&T) will provide domestic gas servicing, repair and installation for properties managed by the group. The deal will commence at the start of April and is [...]
Global industrial companies ramp up R&D spending following Covid-19 shock February 1, 2022 R&D spending from industrial companies has risen since the pandemic, according to new research from Capital Economics and Accenture.
