Combination of Covid, Brexit and transition towards net-zero economy to end decades of declining ‘job churn’ in UK January 6, 2022 Decades of declining “job churn”, which has meant fewer risks and opportunities for workers, is likely to be upended in the decade ahead as the combination of Covid-19, Brexit and the transition towards a net-zero economy brings about major changes in the UK economy, according to a new report. In fact, the view that robots [...]
UK police seize £300m in Bitcoin but is only tiny fraction of crime-linked crypto wallets: ‘Criminals see huge returns from jail’ January 6, 2022 Police across the UK have seized bitcoin and other cryptocurrencies valued at almost a third of a billion pounds during multiple criminal investigations. A Freedom of information (FOI) request made by the New Scientist publication shows that 12 of the UK’s 48 police forces in Britain confiscated cryptocurrency in the past five years, totalling more [...]
Tennis star not deported: Novak Djokovic handed reprieve in bid to defend Australian Open title as court adjourns visa appeal until Monday January 6, 2022 Novak Djokovic was handed a reprieve in his bid to defend his Australian Open title after the Federal Court of Australia adjourned his appeal against the decision to refuse him a visa. Djokovic challenged the Australian Border Force’s refusal to allow him a visa to enter the country and his appeal has been adjourned until [...]
Tory tax revolt: Rees-Mogg comes out against Rishi Sunak’s planned national insurance hike January 6, 2022 Chancellor Rishi Sunak is urged this morning by Commons Leader Jacob Rees-Mogg to ditch planned rises to national insurance. Rees-Mogg told Rishi Sunak at yesterday’s Cabinet meeting that the increase must be scrapped to stem the rising cost of living crisis engulfing the Government, according to the Daily Telegraph. The Prime Minister faced questions from [...]
New CEO for Greggs as sales slow at its 2,181 stores with inflation and supply chain issues hitting the sector hard January 6, 2022 Greggs has revealed sales continue to rise at its 2,181 stores although bosses said more recent Covid restrictions led to sales growth easing in December. The company also said rising inflation and supply chain issues facing the sector continue to hit but added it enjoyed strong sales of Christmas products, including 6.7m mince pies. Separately, [...]
Best year ever for plug-in cars: Tesla becomes UK’s second best-selling car as electric vehicle take-up accelerates January 6, 2022 Tesla’s Model 3 became the UK’s second best-selling new car last year, signalling the appetite for electric vehicles. In fact, it was the best year on record for plug-in cars, both battery electrics and plug-in hybrids, with 305,000 registered, accounting for around one in six of all new cars bought. But overall demand for new [...]
Risks of bias: Ghislaine Maxwell plans to request new trial after revelations jury member was victim of sexual abuse January 6, 2022 Revelations have come to light that one of the jurors in Ghislaine Maxwell’s trial was a victim of sexual abuse. Therefore the socialite, convicted of conspiring to recruit and groom teenage girls to be abused by Jeffrey Epstein, intends to request a new trial. Two defence lawyers — Jeffrey Pagliuca and Laura Menninger — said [...]
Labour’s Lord Ahmed of Rotherham found guilty of attempting to rape young girl and sexually assaulting a boy January 5, 2022 A jury has found former Labour peer Nazir Ahmed guilty of attempting to rape a young girl when he was a teenager in the 1970s. Ahmed, 64, who was formerly Lord Ahmed of Rotherham, was found guilty on Wednesday of sexual offences against a boy and a girl dating back more than 40 years. A [...]
Exclusive: Long-term rise in mental-health related fit notes at work due to pandemic isolation January 5, 2022 A long-term increase of around 5 per cent in the proportion of fit notes issued for mental health reasons is a direct result of increased anxiety around working during the pandemic and three harsh lockdowns in the UK, according to new data shared exclusively with City A.M. A fit note is an official document written [...]
Boost for Global Britain as UK exporters enjoy £620m surge in post-Brexit trade with South Korea January 5, 2022 A “huge” demand for British products and services in South Korea is boosting UK companies exports to the east Asian country, according to the government. International trade secretary Anne-Marie Trevelyan said that British firms saw a £620m surge in exports to South Korea last year, a jump of nine per cent. Trade between the UK [...]
