FTSE 100 Live: Stocks to tumble as interest rate decision looms; Oil falls as ‘economic catastrophe’ avoided
EDF reaches deal with energy specialist to support heat pump roll-out May 16, 2022 Energy giant EDF has teamed up with CB Heating to boost its heat pump offering to customers and train more installers.
Hammersmith: Picton snaps up office and retail space for £13.7m as it bets on Olympia redevelopment May 16, 2022 Real estate investment trust Picton has completed a freehold takeover of a mixed-use space in Hammersmith for £13.7m. Charlotte Terrace, on Hammersmith Road, includes four adjoining buildings, with a total of 28,500 sq ft of office space and 4,400q ft of retail space. The office space was redeveloped in 1990 behind a Grade II listed [...]
Grand opening: Sadiq Khan cuts the ribbon of Northern line’s Bank branch May 16, 2022 London mayor Sadiq Khan has reopened the Northern line’s Bank following a 17-week closure. The line was closed between Moorgate and Kennington on 15 January to allow for upgrades including a new system of tunnels and a more spacious southbound platform at Bank station. “Today marks the first in a series of transport milestones for [...]
Ex-Dechert solicitor leaked ENRC’s confidential documents to media, London judge rules May 16, 2022 A London judge has said a senior partner at corporate law firm Dechert LLP breached his duties to Kazakhstani mining conglomerate ENRC by leaking information about the company to three British newspapers and the UK’s Serious Fraud Office (SFO). High Court judge Mr Justice Waksman said Neil Gerrard, the former head of white-collar crime at [...]
Planned redundancies up 60 per cent as firms feel pressure of interest rate rise and borrowing costs May 16, 2022 Raised interest rates and borrowing costs have led to a 60 per cent increase in planned redundancies. The spike in people losing their roles went up from almost 38,000 to more than 60,000 in the last quarter according to GQLitter, a specialist law firm dealing with employment. This comes after interest rates were increased 1 [...]
Government pumps £21m into indie film, movies and video games May 16, 2022 The government have confirmed a £21m investment in indie film, TV and video games this morning in a quest to develop new talent and target fresh audiences around the world.
London investors pump £10m into German hydrogen firm HH2E May 16, 2022 Two London-based investment firms have pumped £10m into German clean hydrogen company HH2E today to underpin a “massive acceleration” in its roll out over the next five years.
The Drover’s Wife review: Glosses over the difficult past of a nation May 16, 2022 With The Drover’s Wife, director and star Leah Purcell brings her third adaptation of the Henry Lawson short story, having written a play and a novel on the same subject. As with the other two pieces, this film version fleshes out the narrative, giving the title character a name (Molly Johnson), and shining a light [...]
Martin Lewis apologises for sweary rant after branding Ofgem changes a “f******g disgrace” May 16, 2022 Martin Lewis has apologised for "losing his rag" during a furious rant to Ofgem over proposed changes to the energy sector.
Here’s a tip: Hospitality bosses call for movement on service charge protections amid labour crunch May 16, 2022 As the hospitality industry faces a labour crunch threatening to bring it to its knees, bosses have said legislation to protect workers’ tips could help freshen its image. Ministers have promised legal protections for employees’ tips since 2016. In a further blow, the Employment Bill, set to contain this framework, was scrapped from the Queen’s [...]
