Offenders can deliver petrol while fuel crisis rages on, says Dominic Raab September 30, 2021 Low-level offenders who have been given community sentences could be used to address the country’s lack of HGV drivers amid continuing concerns about fuel shortages, Deputy Prime Minister Dominic Raab has suggested. Panic buying sparked by concerns a lack of lorry drivers would prevent supplies reaching fuel pumps has brought long queues and pockets of [...]
Furlough ends today: 1m Brits in limbo as thousands of firms face bankruptcy September 30, 2021 Uncertainty looms for the future of almost one million furloughed Brits as the government’s £70bn support programme ends today, after helping out millions of workers across the UK over the last 18 months. Economists have warned that although many may find work in recovering sectors such as hospitality and travel, there is also likely to [...]
112 jobs at risk at Virgin Money as it closes 31 stores across UK September 30, 2021 Virgin Money has announced plans to close 31 stores as it adapts to changing customer demand, the company said this morning. “Virgin Money regularly reviews the ways customers use its stores, as well as its online, mobile and telephone channels, so that it can adapt its services to meet changing customer demand,” the firm said. [...]
Forecourt gives 10,000 workers a 5 per cent pay rise as fuel crisis rages on September 30, 2021 Forecourt giant EG Group said this morning it has agreed a pay rise for more than 10,000 workers as the sector faces challenging conditions. The company, which runs around 400 sites across the UK, said it will increase hourly rates by an average of more than 5 per cent for employees aged over 18. It [...]
Investors get nervous as Evergrande misses another bond payment despite $1.5bn debt deal September 30, 2021 At least some of China Evergrande’s offshore bondholders had not received a due coupon payment by the close of Asia business yesterday, sources said, although the cash-strapped developer reached a $1.5bn deal to settle debt with a Chinese bank. Watch the full report.
Brexit fishing row: Livid France mulls revenge as Jersey rejects dozens of applications September 30, 2021 Jersey’s decision to turn down dozens of applications for licences to fish in its territorial waters was met with anger and outrage across the Channel as the French government accused the island of “totally unacceptable and inadmissible” conduct. Paris warned it could seek “retaliatory measures” by the EU in the latest flare-up with the UK [...]
Watch as Rolls-Royce plans to launch its first electric vehicle called ‘Spectre’ September 30, 2021 Luxury car maker Rolls-Royce says it will go all-electric by 2030, with its first EV, the “Spectre”, on the market in 2023. Watch the full report.
Reed exclusive: With half of Londoners looking for a new job, the ‘balance of power is shifting’ September 29, 2021 Six in ten Londoners are currently looking for their next challenge, recruitment giant Reed told City A.M. this afternoon. Chancery Lane-based Simon Wingate, managing director of Reed, shared the findings of a new survey that the company recently commissioned. It showed that over half of Londoners (52 per cent) are either actively looking for a [...]
More than half a million Brits over the age of 50 will lose furlough support tomorrow September 29, 2021 As the furlough scheme comes to an end tomorrow, concerns are being raised about the number of workers over the age of 50 who are still furloughed. More than 540,000 people in the age group were on furlough in August, accounting for 35 per cent of the total, according to research. Rest Less, which offers [...]
Jordan: Katie Price to face sentencing in December as she checks in at Priory for rehab September 29, 2021 Katie Price has been told that her sentencing has been deferred until December 15 to allow her to have treatment at the Priory Centre and speak to the probation service. Chair of the bench Julie Hutton told her she was free to go but warned her against driving in the interim. Earlier this afternoon, Katie [...]
