UK covid death toll passes grim milestone of 200,000 July 13, 2022 A grim milestone of 200,000 coronavirus-linked deaths has been passed as the UK grapples with a spike of a new variant. Figures released by the Office for National Spastics show that as of last week there was 200,247 fatalities registered in the UK where Covid was referenced on the death certificate. The watershed moment for [...]
RMT announces ANOTHER rail strike on 27 July July 13, 2022 RMT union members have announced they will strike on 27 July after they rejected a “paltry” offer from Network Rail. The 24 hour walk out affects both the government-owned operator and 13 other firms. Network Rail workers will strike from 2am while those employed at the other companies – including Govia Thameslink – will walk [...]
Costa Coffee boss swaps frappes for fries with McDonald’s move July 13, 2022 The boss of Costa Coffee will step down to take up a top job at McDonald’s shortly. Jill McDonald, who has headed the high street chain since 2019, will take up the role of executive vice president and president for the brand’s international operated markets team. The move will mark a homecoming for McDonald, who [...]
Mode Global raises £2m as it looks to recover from cashback controversy July 13, 2022 Crypto firm Mode Global said it had raised £2m today as it looks to get back on the front foot after a crypto cashback scandal last year.
Network Rail deems agency workers’ proposal will have ‘limited if no effect’ on strikes short term July 13, 2022 Network Rail has deemed that the government’s proposal to replace striking staff with agency workers will have “limited if no effect in the short term.” “I think we’ve been clear that [changing the legislation] is likely to have limited if no effect in the short-term and it’s likely to have a limited effect in the [...]
Labour ramps up Sunak attacks as Johnson says he leaves ‘with head held high’ July 13, 2022 Labour has ramped up its attacks on Tory leadership frontrunner Rishi Sunak at Prime Minister’s Questions (PMQs) as Boris Johnson declared he would leave Number 10 “with my head held high”. Labour leader Sir Keir Starmer called for the end of non-domiciled tax status – in a likely dig at Sunak’s wife who was a [...]
Court freezes bankrupt hedge fund Three Arrows Capital’s assets as founders still missing July 13, 2022 A bankruptcy court in New York has frozen the remaining assets of failed crypto hedge fund Three Arrows Capital as its founders still seem to be missing. Federal judge Martin Glenn granted the emergency motion on Tuesday, which comes as the founders of the fund, Zhu Su and Kyle Davies, appear to be evading creditors, CNBC [...]
Last-minute funding deal for TfL but still no sign of long-term agreement July 13, 2022 Transport for London (TfL) has received yet another short-term extension to its funding deal from central government just hours before an existing bailout was set to expire. “We have today agreed with the government that our existing funding agreement will be extended until 28 July 2022 so these discussions can be continued,” the public body said today. It [...]
Advantage Ripple as judge blasts SEC’s hypocrisy July 13, 2022 Ripple's battle with the SEC has suddenly swung in the crypto company's favour with a key legal ruling over the 'Hinman speech' evidence.
Loungers sees ‘no shift’ in bargoer spending behaviour despite recession fears July 13, 2022 Bar goers have shown no change in spending behaviour at Loungers and Cosy Club venues, according to boss Nick Collins. While consumer-facing firms have reported declining sales in recent months, Loungers said its recent trading had bucked the trend, with “nothing to suggest a cautious consumer.” “We have looked for it [signs of change], clearly [...]
