Union members at CrossCountry and East Midlands Railway vote in favour of industrial action July 5, 2022 Around 300 members of the Union TSSA working at CrossCountry and East Midlands Railway have voted in favour of industrial action over salaries. According to the union, which revealed the ballots’ results today, workers at both operators said they were prepared to both walk out and to take industrial action short of strike. This means [...]
Oil prices nosedive as recession fears rise across developed economies July 5, 2022 Oil prices have plummeted a whopping $10 across both benchmarks, as recession fears curtailed demand and drove down prices.
Bank of England economy warning sends London markets lower July 5, 2022 London markets were dragged lower today by the Bank of England warning the UK economy is headed for a tough time over the coming year. The capital’s premier index shed nearly three per cent to close at 7,025.47 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the [...]
Moreira trying to remain One Step Ahead of Purton July 5, 2022 PUNTERS face a dilemma when racing gets under way with a nine-race programme at Happy Valley today. Hong Kong racing normally takes place on a good or fast surface, but that has all changed in the past month. The monsoon season seems to have arrived early in the territory, with tropical cyclones, thunderstorms and heavy [...]
Intelligent rider Chadwick can add to his fine seasonal tally July 5, 2022 IT’S GREAT to see talented local jockey Matthew Chadwick back in the limelight in Hong Kong. The former champion apprentice will always be known for his association with legendary grey and two-time Group One winner California Memory, but in recent times it hasn’t been plain sailing for him. The 31-year-old has suffered numerous injuries over [...]
Fire Bridges Union wins permission to challenge govt’s pension reforms via judicial review July 5, 2022 Public sector workers’ unions have been given permission to challenge a UK government’s pensions policy through a judicial review. A coalition of unions, led by the UK’s Fire Brigades Union (FBU), will be allowed to challenge the government’s decision to force members to pay for changes to public sector pensions schemes, instead of footing the [...]
FCA brings in six directors and hires ‘almost 500’ to meet expanding remit July 5, 2022 The City watchdog said today it had bolstered its senior leadership team and hired almost 500 people in the past six months as it races to keep up with a rapidly expanding remit.
Businesses warn of strikes’ impact on London ahead of train drivers’ historic ballot July 5, 2022 Businesses have warned of the impact of strikes on the capital’s economy ahead of Monday’s national ballot called by train driver union Aslef. “At a time when London businesses are facing several crises, including increasing costs, rising inflation and adapting to hybrid working, it’s important that government and rail unions work together to find a [...]
Lurpak row: ASDA says £6 butter with security tag is not UK-wide policy or related to cost of living crisis July 5, 2022 ASDA has said it does not have a UK-wide policy to put security tags on butter in relation to the cost of living crisis. The supermarket giant responded after a journalist shared an image on social media, showing a pack of Lurpak in one of its stores, costing £6, with a tag on. This comes [...]
West under pressure to secure energy supplies as Norwegian offshore workers go on strike July 5, 2022 Europe faces further pressure in securing supplies ahead of winter , after Norwegian oil and gas workers went on strike today.
