Shapps scraps South Africa and 46 other destinations off red list October 7, 2021 Transport secretary Grant Shapps has just announced that from Monday 11 October, 47 destinations – including South Africa – will be scrapped from the UK Government’s travel red list. Colombia, the Dominican Republic, Ecuador, Haiti, Panama, Peru and Venezuela will remain on it. The secretary also added that rules for those visiting the UK from [...]
Labour says government ‘underplaying’ energy crisis as Kwarteng guarantees winter supply October 7, 2021 Labour is accusing the government of “underplaying” the energy price crisis as Kwasi Kwarteng today vowed the UK has enough supply to last through winter. Shadow business and energy secretary Ed Miliband today said the amount of energy companies going bust “is not a normal course of events”, despite claims from Kwarteng, and that “we [...]
Fill it up: Saudi Aramco mulls an IPO for its retail fuels business October 7, 2021 Oil giant Saudi Aramco is said to be considering an IPO for its retail fuels and lubricants business. Saudi Aramco, one of the world’s most valuable companies, want to pursue the float plans so that it can maintain its multi-billion-dollar dividend policy, Bloomberg reports. The unit is reasonable new, having only been set up as [...]
Panic buying lifts spending to pre-pandemic levels October 7, 2021 Brits frantically stock piling petrol amid a country-wide fear of being unable to secure fuel lifted spending to pre-pandemic levels. The boost to pre-Covid parity was fuelled by sharp increases in work-related spending, which includes purchases of petrol, according to the Office for National Statistics (ONS). Work-related spending was 158 per cent above the tally [...]
City of London Corporation will not remove statues of slavers : CityAM October 7, 2021 The City of London Corporation has U-turned on its decision to remove controversial statues of a slave owner and slave trader from its Guildhall headquarters. The Square Mile’s local authority said the statues of Sir John Cass and William Beckford would remain in place, but will have “plaques or notices placed alongside them, with contextual [...]
JustEat orders to offices soared last month October 7, 2021 JustEat has said orders of delivery food to offices has almost doubled in September, compared to June. The number of companies ordering food to the office last month grew more than 170 per cent when compared to last September. Office delivery sales have increased by more than 150 per cent from July to September, the [...]
Saudi Arabia’s takeover of Newcastle United is about far more than football October 7, 2021 After years of speculation, prevarication and consternation, Saudi Arabia has at last sealed the purchase of a Premier League football club, something it has long coveted. With a deal for Newcastle United finally set to be announced, one of the most tumultuous episodes in English football history is apparently drawing to a close. Rumours have [...]
Pilots give British Airways the green light on restarting of Gatwick operations October 7, 2021 The British Airlines Pilots Association (Balpa), which represents more than 16,000 UK pilots, has signed off a new agreement with British Airways (BA), after union members agreed to back up the establishment of a British Airways’ subsidiary operating from Gatwick airport. “Balpa and British Airways have concluded an important new agreement covering revised pay and [...]
Fund inflows jump to reach record August clip October 7, 2021 British investors poured a record amount of money into funds during the typically quiet summer period. £5.3bn in funds flowed into funds in August, the first time inflows have topped £5bn, according to the Investment Association. A low interest rate environment, compounded by soaring inflation, has made investment funds more attractive to investors. Households looking [...]
Crypto exchange Gemini calls on UK firms to get serious about regulation October 7, 2021 Those in the crypto space need to engage proactively with regulators to help bring them up to speed according to crypto exchange, Gemini. At the Token2049 conference in London leading voices from the digital asset industry debated the best way to engage with regulation. “We’re in this crypto landscape now, it’s 12 odd years old, [...]
