Rail strike action will hit those Lynch claims to care about the hardest November 22, 2022 In days past, newspapers had a tried-and-tested way of covering rail strikes. The key element was the photo spread of suit-and-tie workers in unusual situations – perhaps one had got the boat in for the first time, or cycled in on their child’s bike. Combine that with a few snaps of Wimbledon-esque queues to get [...]
CMA raises consumer concerns over proposed Baker Hughes-Altus deal November 22, 2022 The Competition and Markets Authority (CMA) has raised concerns over Baker Hughes' proposed acquisition of Altus.
Going green a load of rubbish? Well, it is for Bywaters November 22, 2022 In an industrial estate in Tower Hamlets mountain upon mountain of recyclable waste sits waiting to be sorted and baled. A copy of ‘Bioinformatics for Dummies’ is discarded on a conveyor belt amidst plastic bags, cardboard and other random items thrown out in recent days. The smell, whilst unpleasant, is better than you might expect. [...]
City job losses loom amid government tax grab and recession November 22, 2022 Square Mile banks, brokers and insurers will shed jobs to alleviate pressure on their balance sheets from the government hiking taxes, the new Lord Mayor of the City of London has warned. Nicholas Lyons, the freshly minted 694th Mayor of the City, told Bloomberg today he expected “there will be some job losses” after chancellor [...]
Drax denies emissions claims in heated Westminster exchange November 22, 2022 The boss of Drax refused to comment on whether the energy firm is the second largest emitter of CO2 in the country.
Hospitality warns of nightmare before and after Christmas as new rail strikes announced November 22, 2022 London’s hospitality venues are headed for a catastrophic Christmas after a fresh slew of railway strike dates were announced today. The RMT declared that its 40,000 members will walk out throughout December and January, falling slap bang in the middle of the sector’s busiest trading period. Strike action will take place at Network Rail and [...]
Meta’s independent board overturns police requested music video ban November 22, 2022 Meta’s oversight board has overturned the decision to remove a UK drill music video clip from Instagram following a request from the Metropolitan Police. The board, which is designed to issue independent judgments on the Facebook owner, said the video ‘Secrets Not Safe’ by Chinx, which referenced gang shooting, was wrongly banned, stating that it [...]
FTX run as ‘personal fiefdom’ for Bankman-Fried, say lawyers November 22, 2022 Lawyers representing collapsed crypto exchange FTX said the firm was “effectively run as a personal fiefdom” for founder Sam Bankman-Fried today, as court documents showed the firm had splurged nearly $121m in property in the past two years.
South Africa President urges UK to give climate reparations to poor nations during London visit November 22, 2022 South Africa President Cyril Ramaphosa has called on the UK to give climate reparations to “low and medium income countries” during his state visit to the UK – the first under the reign of King Charles III. Ramaphosa told a joint sitting of parliament today that countries like South Africa should receive funding from rich [...]
Equinor pledges $1.44bn investment to deepwater Arctic gas field November 22, 2022 Equinor have announced they will invest $1.44bn in developing one of the deepest gas fields off the coast of Norway.