Cabinet ministers plan big push to get civil servants back to Whitehall August 9, 2021 Cabinet ministers are planning a big drive to get civil servants back to the office after concerns grow regarding the lack of staff at desks. Senior cabinet ministers have expressed their concern at the number of those still working from home, with one telling The Times that career prospects should be mentioned in the drive [...]
Aston Martin Vantage F1 Edition 2021 review: safety car goes off-grid August 9, 2021 The Aston Martin Vantage F1 Edition is the showroom version of the official grand prix safety car. Tim Pitt drives it on the road and track.
Virgin Atlantic prepares for stock market listing August 9, 2021 Sir Richard Branson’s Virgin Atlantic Airways is planning to list on the London Stock Exchange in a bid to raise capital as international travel makes a recovery. The UK-based airline is understood to have been presenting to fund managers about the listing which could occur as early as the Autumn. The company sustained losses of [...]
Government pours £270m into Humber offshore wind industry August 9, 2021 The government will put £266m into boosting its wind power manufacturing capacity in the Humber region, it was announced this morning. Turbine maker Siemens Gamesa will receive £186m of funding, which will allow it to hire a further 1,080 staff. And GRI Renewable Industries will be given £78m to go towards building a new offshore [...]
Rolling out the welcome map for tourists will pay off for London August 9, 2021 Anyone who has lived in London for more than a few months will have a jaundiced view of tourists. They crowd the pavements and the Tube, they form great queues outside museums and galleries, they book out restaurants and they seem to have a preternatural ability to wander aimlessly in a way which is maximally [...]
Aramco posts fourfold rise in profit as oil prices bubble up August 9, 2021 Oil behemoth Saudi Aramco saw its second quarter profit jump fourfold on the back of rising crude prices and increased demand for fuel. The world’s biggest oil producer said that its net income rose 288 per cent in the last quarter to $25.5bn (£18.4bn). Analysts had expected the firm to make a net profit of [...]
Sajid Javid calls for CMA investigation into ‘exploitative’ PCR test costs August 8, 2021 Sajid Javid has asked the UK’s competition watchdog to investigate PCR Covid test firms that are selling tests at “excessive” prices and engaging in “exploitative practices”. The health secretary wrote to the Competition and Markets Authority (CMA) to call for a “high-level review” in a bid to protect holidaymakers requiring private PCR tests before and [...]
BT poaches Asos chairman Adam Crozier August 8, 2021 BT has poached the chairman of online fashion giant Asos in a bid to boost the telecoms company’s standing during a crucial period. Adam Crozier is expected to resign from Asos to take up the chairmanship of BT, but is set to remain in similar roles for data analytics firm Kantar and Premier Inn owner [...]
Morrisons partner McColl’s in talks over £30m cash call August 8, 2021 A major UK convenience store group is in talks over a £30m cash call in a bid to accelerate its partnership with supermarket chain Morrisons. McColl’s Retail Group has reportedly started talks with institutional investors about the £30m injection, which would almost match the group’s current £40m market capitalisation. City sources told Sky News that McColl’s chief [...]
Boris Johnson: Team GB has ‘shown us the very best of this country’ August 8, 2021 Boris Johnson has praised Team GB’s performance at the Tokyo Olympics, hailing the group as showing “the very best of this country” as the Closing Ceremony begins. The games will close this afternoon, with Team GB picking up 22 gold medals and 65 medals in total. This put the UK and Northern Ireland in fourth [...]