Mayday: Year from hell in aviation as empty flights crash-land by staggering 71 per cent from pre-pandemic levels December 29, 2021 Covid-related travel restrictions led to a 71 per cent reduction in the number of international flights to and from UK airports this year compared with pre-pandemic levels, new analysis shows. Aviation analytics firm Cirium said around 406,060 international flights served UK airports during 2021 up to December 22, compared with 1,399,170 in the pre-pandemic period [...]
London Mayor Sadiq Khan pumps additional £50m into fighting crime as knife and gun incidents across capital start to fall December 29, 2021 The Mayor of London, Sadiq Khan, announced this morning an additional £50m will be reserved to tackle crime across the capital. The investment, which will run over the next three years, will fund grassroots crime prevention projects across the city and promote positive opportunities for Londoners in every borough in the capital through the London Crime Prevention Fund, [...]
Poverty looms for millions of UK families as energy bills climb by £1200, inflation rises and taxes jump 1.25 per cent in 2022 December 29, 2021 Soaring energy bills, inflation and rising taxes are likely to lead to a ‘cost of living catastrophe’ for millions of UK families, an economic think tank warned this morning. The Resolution Foundation (RF) said from next April families would typically face a £1,200-a-year hit to their incomes as the energy price cap is raised and [...]
NHS sends out 650,000 text messages and 50,000 letters in fresh drive to get Covid booster jabs into Brits’ arms December 29, 2021 The NHS will be sending around 650,000 text messages and 50,000 letters to people who have not yet received their top-up dose, encouraging them to roll up their sleeve and have a “jabby new year”. The efforts are part of a fresh drive to get Covid booster jabs into arms to protect against the fast-spreading [...]
BAE Systems working to create £100m army of 1,700 apprentices and graduates in 2022 December 29, 2021 Almost 1,700 apprentices and graduates from across the UK will join defence giant BAE Systems next year. The company said this morning the creation of more than 900 apprentice and 750 graduate and undergraduate roles is the biggest intake of its kind the company has ever offered in a single year. Most of the roles [...]
HMRC did not issue a single Accelerated Payment Notice last year in sign controversial tax campaign may be waning December 29, 2021 HMRC’s controversial Accelerated Payment Notice campaign may be waning, according to new data. HMRC did not issue any Accelerated Payment Notices (APNS) last year, making it the first year none have been issued since they were introduced in 2014 as part of HMRC’s crack down on the use of tax avoidance schemes, according to research [...]
Chiquito swaps fajitas for fashion as it launches plant-based handbag December 29, 2021 Mexican restaurant brand Chiquito is going from kitchen to catwalk this January, launching a vegan handbag, the company said this morning. The firm said it is taking inspiration from “one of the world’s most talked about handbags of 2021” and has given it a vegan makeover, resulting in a small top-handled bag made from vegan [...]
Capital raising in the City picks up despite ongoing Covid disruption as listed firms pull in close to £25bn this year December 29, 2021 UK listed companies have raised more than £12bn in new capital from investors in the second half of the year, bringing the total so far for 2021 between January and November to £24.7bn, according to data shared with City A.M. This represents the second highest total since 2009, following on from 2020 when £34.4bn was [...]
The mining industry enters its most important decade with all eyes on Saudi Arabia in 2022 December 28, 2021 The international mining industry is facing arguably “its most important decade” as the world starts the transition from fossil fuels to renewable energy, the CEO of the International Council on Mining and Metals (ICMM), Rohitesh Dhawan, said in an interview earlier this month. Dhawan emphasized that mining will be at the very center of this transition because [...]
2021: Best year ever for UK tech sector with £26bn in VC, 116 unicorns, record London listings and more jobs December 28, 2021 The UK tech sector looks back on its best year ever, raking in £26bn in venture capital, record London listings, more jobs and the number of British unicorns climbing to 116. Success feeds cities outside London as Cambridge has become the leading regional tech city in the UK thanks to its combination of high levels [...]
