Forget tech, hospitality or transport: These are Britain’s most profitable sectors September 13, 2022 At the beginning of this year, the UK counted around 5.6 million private sector businesses. Described as the backbone of the UK’s economy, SMEs account for 99.9 per cent of all businesses in Britain. With house prices currently at a record high, it’s no surprise that business and property services are amongst the sectors making the most profit in the [...]
Guilty: MP Margaret Ferrier forced to do 270 hours of community service after taking the train while positive September 13, 2022 A member of parliament head today she will have to do 270 hours of community service, after she “wilfully ignored” Covid rules and travelled by train from London to Scotland after testing positive. Margaret Ferrier was told the sentence was a direct alternative to custody and that she will need to carry out the unpaid [...]
Dozens crushed and injured at inauguration of Kenya’s new ‘hustler’ president Ruto September 13, 2022 NAIROBI – Dozens of people were crushed and injured after hundreds forced their way into a Nairobi stadium where William Ruto is currently being inaugurated as Kenya’s next president. A medic told City A.M. this afternoon that a fence at the Nairobi stadium fell down after people pushed it and about 60 were injured, though [...]
Discounters Aldi and Lidl keep taking market share as Brits now pay £571 more for groceries September 13, 2022 Discounter Aldi has become Britain’s fourth largest supermarket for the first time while Lidl’s market share is also in the lift, according to new data out this morning. The findings come as Brits are now paying a record £571 more on average for their groceries than last year Grocery price inflation hit 12.4 per cent [...]
EU urges Britain to cut Brexit checks at border to ‘a couple of lorries a day’ September 12, 2022 Checks on goods travelling across the Irish Sea should be cut to a “couple of lorries a day”, the EU’s chief negotiator on Brexit said today. Maros Sefcovic said the union stands ready to work in a “open and constructive way” with Britain following a statement from the new Prime Minister on the prospect of [...]
Where it all began seven decades ago: How Elizabeth became Queen in a treetop in rural Kenya September 12, 2022 Let’s go back to the 1950s. 1952 to be precise, it’s February 6. A day that would change the life of a young, newly married English princess forever. Being on an official Royal tour with her husband in East Africa, 25-year old Princess Elizabeth was watching baboons while taking photographs of the Kenyan sunrise from [...]
Queen’s coffin to lie in state in keeping with historic tradition September 8, 2022 The Queen’s coffin is set to lie in state to allow the public to pay their last respects. Lying in state is usually reserved for sovereigns, current or past queen consorts, and sometimes former prime ministers. During the formal occasion, the closed coffin is placed on view in the vast, medieval Westminster Hall in the [...]
Her Majesty Queen Elizabeth II has died – Royals at Balmoral – Brits gather outside Buckingham Palace September 8, 2022 Her Majesty, Queen Elizabeth II, has died aged 96 at her Scottish country residence, Balmoral. She served as the Queen of the United Kingdom and of the Commonwealth for 70 years, having come to the throne at the age of just 25. She was born in 1926. Clarence House has said Prince Charles and Camilla, [...]
All eyes on the Pound as Sterling set for bounce on Truss’s energy bill freeze September 8, 2022 It’s a big day in the markets with Liz Truss set to confirm her energy plans. The proposals are set to place a huge burden on the UK’s already strained finances. UK energy bills are set to rise to more than £3,500 a year for the average household from October, with Truss expected to outline [...]
Melrose to break up Britain’s oldest engineering firm via GKN automotive spin-off September 8, 2022 Melrose Industries confirmed this a.m. plans to spin off the GKN automotive business in a move that will see Britain’s oldest engineering firm broken up. Turnaround specialist Melrose, which bought GKN in a controversial £8bn takeover in 2018, said it will demerge GKN’s automotive and the smaller powder metallurgy divisions from its aerospace arm into [...]
