London’s FTSE 100 kicked higher by Ocado skyrocketing 38 per cent November 1, 2022 London’s FTSE 100 kicked higher today, driven by middle class favourite and online supermarket Ocado being goosed after it said it was partnering with a South Korean retailer. The capital’s premier index climbed 1.29 per cent to 7,186.16 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the UK economy, added [...]
UK startups bag £4.2bn as VCs shrug off recessionary fears November 1, 2022 Venture capital investors in the UK and Ireland shrugged off recessionary fears in the third quarter of the year as they pumped £4.2bn into start-up firms, new research has revealed.
Tugendhat confirms UK will ban Chinese Confucius Institutes at universities November 1, 2022 The government is set to ban Chinese-funded Confucius Institutes from British universities, Home Office minister Tom Tugendhat has said. Tugendhat told MPs today that Prime Minister Rishi Sunak intends to fulfill his leadership campaign pledge to ban the institutes, which are educational organisations that allegedly suppress criticism of the Chinese Communist Party. Sunak said during [...]
BP’s profit bonanza reignites calls for tougher windfall tax November 1, 2022 BP has unveiled another bumper round of monster profits powered by soaring gas prices, reigniting calls for a windfall tax.
Union postpones next week’s strike to allow ‘constructive discussions’ with Network Rail November 1, 2022 The rail union TSSA has postponed next week’s strikes at Network Rail to allow for “constructive, intensive and detailed discussions to continue.” Involving thousands of workers, the strikes were supposed to take place on Saturday, Monday and Wednesday next week. Nevertheless, workers at Avanti West Coast, East Midlands Railway, c2c, South Western Railway and Southeastern [...]
BBC’s local radio cuts slammed as ‘unwarranted’ and ‘misguided’ November 1, 2022 Leading journalist trade body has slammed the BBC’s ambitions to invest more into its local digital news. Chief exec of The News Media Association Owen Meredith criticised the broadcaster’s plans to cut back its late-night local radio, which will see 139 audio roles axed. All local shows after 10pm are set to be replaced with [...]
Fownes has Royal ready to ensure Ferraris is Pride of the Valley November 1, 2022 IT WAS good to see 20-year-old Luke Ferraris back in the limelight after steering long-standing maiden Smiling Time to victory at Happy Valley on Sunday. Ferraris, son of former Hong Kong-based trainer David Ferraris, was a big hit in his home country, with over 300 winners, two South African champion apprentice titles, and a Group [...]
Masterly Purton and Lor can wave Adios to title rivals November 1, 2022 PUNTERS need to check on the weather before placing their bets on the eight-race card at Happy Valley today. With squally showers and strong winds forecast throughout the day, surface conditions – normally good-to-firm – could change dramatically, especially if the rain gets into the ground ahead of racing. If that wasn’t bad enough, racing [...]
Biden to visit Florida in final push before US midterms next week November 1, 2022 Joe Biden will go on a one-week campaign blitz before next week’s US midterm elections, with the Democrats in line to lose their grip on the US Congress. The President will deliver a speech in Florida today, which is the site of a key battleground Senate race, and is expected to talk up America’s improving [...]
Harry Styles saves the day for Sony’s music arm November 1, 2022 Sony was buoyed by its music division this quarter, with the group’s profitability countervailing the Japanese giant’s reduced gaming success. Music revenues climbed from JPY 217 billion (£1.2bn) to JPY 359 billion (£2.1bn), with higher sales across recorded music and publishing thanks to new music from big hitters like Harry Styles. Although gaming revenue also [...]
