Met Office says this month was driest July since 1911 with just 25 per cent of average rainfall July 27, 2022 England has experienced its driest July since 1911 with under 25 per cent of average rainfall occurring. The Met Office made an announcement on Wednesday that there had only been 15.8mm of rain on average across the country over this month. This represents 24 per cent of the usual rainfall in England, while across [...]
Eurostar running special timetable and reduced hours due to national rail strike impact July 27, 2022 Eurostar is having to run a special timetable and reduced hours on UK rail lines as a result of national rail strikes. The route between London and the continent said its changes were announced last week, and there had been no unplanned disruption. This comes as more than 40,000 members of RMT working for Network [...]
Visa hails return of travel as revenues fly to £6bn July 27, 2022 Bosses at payments giant Visa hailed the return of travel yesterday as a rebound in summer holidays helped push revenues up 19 per cent in the third quarter of the year.
Spotify defies market subscriber slump as users climb for streaming giant July 27, 2022 Spotify appears to have defied the subscriber downturn seen by many tech firms, posting a 14 per cent jump in paying subscribers in its second-quarter results.
Leadenhall Street reopens after midnight brawl leaves two hospitalised, one arrested and area cordoned off July 27, 2022 Leadenhall Street in the heart of the City has reopened after a midnight brawl forced the police to cordon off the area up until midday. Two people were taken to hospital following the altercation, according to the City of London Police, with one person arrested on suspicion of affray. After announcing its closure early on [...]
Mining firms dish out dividends as UK shareholders pocket £37bn July 27, 2022 UK shareholders revelled in £37bn worth of dividends in the second quarter of the year as mining firms, banks and oil giants put bumper profits back in the pockets of investors.
McDonald’s hikes price of cheeseburger for first time in over 14 years July 27, 2022 McDonald’s has announced it is raising the price of its signature cheeseburger for the first time in 14 years, as cost increases continue to bite consumers and businesses. In a note to fast-food fans, the US titan said that “today’s pressures mean, like many, we’re having to make some tough choices about our prices.” It [...]
Former Everton FC director among new Russian sanctions: Officials with ties to ‘republics’ of Donetsk and Luhansk targeted July 27, 2022 A former director of Everton FC is among new UK sanctions on Russian officials, as the foreign office targets officials with links to the puppet administrations of the ‘Donetsk and Luhansk People’s Republics’ . Among those hit are Vitaly Khotsenko and Vladislav Kuznetsov, the Russian-imposed leaders of the so-called republics, in addition to Sanjar Ismailov, nephew of [...]
Lloyds profits top City’s expectation on higher interest rates July 27, 2022 Higher interest rates have lifted Britain’s largest mortgage lender Lloyds’s profits above the City’s expectations. Net interest income, the difference between what a bank charges borrowers and pays depositors, surged 13 per cent over the first six months of the year to £6.1n, Lloyds said today. That boost hoisted the lender’s pre-tax profits to £3.66bn, [...]
Freshfields outstrips Magic Circle rivals with record partner payouts of more than £2m July 27, 2022 The sums paid out to partners at Freshfields Bruckhaus Deringer have surged to record highs of more than £2m, after the Magic Circle law firm’s revenues jumped 10 per cent year on year. The centuries old law firm saw its profits increase for the sixth year in a row, after revenues surged to heights of [...]