France pressuring EU as trust in Australia evaporates after £48bn submarine spat September 21, 2021 The defence pact between the US, Australia and the UK has led to such a lack of trust that the EU should postpone trade talks with Australia, France is telling its fellow EU member states. French European affairs minister Clement Beaune said he would raise the trade pact and the security implications of the deal, [...]
Breaking: Police arrest 23 protesters after M25 is blocked for fifth time in a week September 21, 2021 Police have arrested 23 people after environmental protesters targeted the M25 for a fifth time in just over a week. Surrey Police said they were called to junctions 9 and 10 of the motorway just after 8am following reports of Insulate Britain protesters on the clockwise and anti-clockwise carriageways. The force said “a number” of [...]
Twitter to stump up £592m to settle claims it misled investors about user base growth September 21, 2021 Social media giant Twitter said early this morning UK time it has agreed to pay $809.5m, about £592m, to settle a consolidated class action lawsuit alleging that the company misled investors about how much its user base was growing and how much users interacted with its platform. The San Francisco-based company said the proposed settlement, [...]
Law that creates work-from-home right for UK employees to be confirmed on Thursday September 21, 2021 Employees will reportedly be able to put in a request to work from home from their first day in a job under new plans due to be announced later this week. Laws which will protect flexible working first put forward before the pandemic will be confirmed on Thursday, according to a report in The Times. [...]
Energy crisis: Ofgem and Kwasi Kwarteng resist pressure and agree price cap is not going anywhere September 21, 2021 Kwasi Kwarteng and Ofgem chief executive Jonathan Brearley have confirmed they had taken a unified position over the price ceiling continuing. The energy regulator and the Business Secretary agreed the energy price cap must “remain in place” during crunch talks to find a solution to record gas costs. Kwarteng held a crisis meeting with the [...]
Exclusive: HMRC claw back record £4bn in lost taxes September 21, 2021 HMRC’s investigations and compliance work saved £4bn in taxes from being lost in the last quarter, nearly double the £2.2bn for the same period last year, according to new data shared with City A.M. today. The increase in the amount of taxes saved will be due in part to the winding down of the furlough [...]
London taxi giant Addison Lee goes fully electric by pumping £160m in 4,000 cars September 21, 2021 London’s largest taxi company, Addison Lee, has pledged it will operate only electric vehicles from 2023. The London firm said it is investing £160m to shift its 4,000-strong fleet to electric. This will involve putting 200 Volkswagen ID.4 vehicles on the capital’s roads every month from November. The commitment is the largest single order of [...]
Not before French elections in 2022: EU-Australia trade deal to be pushed back due to £48bn submarine row September 21, 2021 It will take more time to agree a trade deal between the European Union and Australia as Australia’s decision to cancel a French submarine contract does complicate and delay negotiations, a European trade official has said. Australia’s decision to end the £48bn deal was “kind of an attack against European interests”, said Bernd Lange, a [...]
Looming turkey shortage and Covid spike: Cancelling Christmas again is ‘very much not the plan’, says Boris Johnson September 21, 2021 Cancelling Christmas is “very much not the plan”, Boris Johnson has said, in the face of prospects of a turkey shortage and a spike in coronavirus cases during the festive season. The Prime Minister said the Government does not “expect to have to do anything like last Christmas” when spiralling infection rates forced him to [...]
Canada: Justin Trudeau heading for victory according to early projections September 21, 2021 Justin Trudeau’s Liberal Party is likely to win the most seats in Canada’s election, according to projections from the Canadian Broadcasting Corporation and CTV. The current prime minister gambled on an early election in a bid to win a majority of seats in Parliament, but it was not clear if he would do so. The [...]