Arts and crafts giant Hobbycraft’s expansion drift undiminished with new stores and recruitment drive planned June 27, 2022 Several new stories and a recruitment drive are on the agenda of arts and crafts retail chain Hobbycraft as the company confirmed this morning it plans to continue its expansion after a lift in profits for the past year. The company said its adjusted pre-tax profit for the 2022 financial year was £15 million, which [...]
Far from over: New rail strike alert amid fears of weekend travel chaos June 24, 2022 A fresh alert has been issued to train passengers amid fears that many are reluctant to abandon leisure trips planned for Saturday despite another rail strike taking place. Only a fifth of services will run and half of lines will be closed as 40,000 members of the Rail, Maritime and Transport (RMT) union at Network [...]
27-fold jump in number of foreign visitors flocking to Britain post-pandemic June 24, 2022 Scrapping coronavirus travel rules led to a 27-fold year-on-year increase in the number of overseas residents visiting the UK, new figures suggest. The Office for National Statistics (ONS) said 2.1 million inbound visits were made in April, up from 81,000 during the same month last year. Spending by overseas residents in April hit £1.7 billion, [...]
EU leaders agree Croatia will become 20th country to start using Euro in January June 24, 2022 European Union leaders have agreed that Croatia will join the group of countries using the euro in January, bringing the number of nations sharing the currency to 20. “The euro is the monetary expression of our shared destiny and has been part of our European dream,” said EU Council President Charles Michel, who chaired a [...]
UK leads Europe in mortgage market might but sits at bottom for share of population that owns home June 24, 2022 While the UK may trail other European nations when it comes to the total proportion of the population that own their own home, it does lead the way when it comes to the might of the mortgage sector and the number of properties purchased by borrowing. At 65.1 per cent, the UK sits well within [...]
Party in turmoil: Tory MPs increasingly frustrated as Boris Johnson’s authority crumbles June 24, 2022 The Conservative Party lost their former stronghold of Tiverton and Honiton to the Liberal Democrats and surrendered Wakefield to Labour at the by-elections overnight. Therefore, Conservative MPs are increasingly nervous that retaining their seats at the next general election will “no doubt” be difficult following the double by-election loss. Prime Minister Boris Johnson acknowledged that [...]
BT rushes to deny claims that call centre staff have launched foodbank to help them through cost-of-living crisis June 24, 2022 Telecoms giant British Telecom denied this morning a union’s claims that call centre staff have set up a foodbank to help them during the cost-of-living crisis. buThe Tyneside CommunitEE pantry was set up by staff at EE – owned by BT – and offered cupboard staples such as pasta, cereal and oats, as well as [...]
Checking out: CEO of travel giant TUI announces departure after more than 10 years in the job June 24, 2022 Fritz Joussen, the CEO of travel group Tui has announced his resignation after 10 years as boss of the firm and leading it through the pandemic. Joussen will step down from the German holiday giant at the end of September, when he will be replaced by the company’s chief financial officer, Sebastian Ebel. Mr Joussen [...]
After crushing by-election defeat: What next for beleaguered prime minister Boris Johnson? June 24, 2022 After the Tories’ humiliating defeats in two parliamentary by-elections overnight, Boris Johnson’s authority has suffered a double blow. A fatal blow, some believe. The contests in Wakefield, West Yorkshire and Tiverton and Honiton, Devon were triggered by Conservative MPs resigning in disgrace. Wakefield’s Imran Ahmad Khan quit as an MP after being convicted of sexual [...]
Taking one for the team: Tory chair Oliver Dowden resigns after humiliated Conservatives are crushed in two by-elections June 24, 2022 Following the news the Conservative Party lost two by-elections overnight, Oliver Dowden just resigned as Tory chairman, writing in a letter to Prime Minister Boris Johnson that “someone must take responsibility”. In Tiverton and Honiton the Liberal Democrats overturned a 24,000 Tory majority to win, while Labour reclaimed Wakefield. The contests, triggered by the resignation [...]
