DfT accuses TfL of failing to provide recommendation for pension reform June 15, 2022 The Department for Transport (DfT) has accused Transport for London (TfL) of failing to provide a recommendation for its pension reform just as the latest round of government funding is set to expire next Friday. DfT permanent secretary Bernadette Kelly told TfL commissioner Andy Byford last week the government had launched a formal dispute period [...]
Royal Mail boss says prices are ‘under review’ as firm faces union battle June 15, 2022 The boss of Royal Mail has said he will keep costs “under review” as the firm struggles to balance the cost of living crunch with rising union action. Speaking to Sky News earlier today, Simon Thompson explained that his team was “not immune” to the cost of living crunch, acknowledging the Communication Workers’ Union (CWU) threats of [...]
Boris Johnson’s ethics adviser Lord Geidt resigns June 15, 2022 Boris Johnson’s ethics adviser Lord Christopher Geidt has resigned, just a day after telling a Westminster committee he almost resigned over partygate. “With regret, I feel that it is right that I am resigning from my post as independent adviser on ministers’ interests,” he said in a statement. Geidt told parliament’s Public Administration and Constitutional [...]
Twitter is ‘committed’ to Musk takeover despite turbulence June 15, 2022 Despite ongoing turbulence, Twitter chairman Bret Taylor has said he remains committed to closing Elon Musk's $44bn takeover bid.
EP: 140 Royal Ascot – Friday June 15, 2022 The Coronation Cup for fillies and the Commonwealth Cup for sprinters are the two Group 1 feature races on Friday at Royal Ascot. Today we are joined by classic winning trainer George Boughey who runs Cachet in the Coronation and Alice Haynes who sends her 2-year-old filly Lady Bullet to the Albany Stakes. City AM [...]
TfL urges Londoners to stay home on Tuesday as thousands of workers set to walk out in Tube and rail strikes June 15, 2022 Transport for London (TfL) has urged Londoners to avoid travelling on 21 June as thousands of workers are set to walk out in a separate tube and rail strike. TfL said it was expecting severe disruption across the Tube network following the planned strike called last week by the unions RMT and Unite. The industrial [...]
European Central Banks commits to supporting weaker economies after bond market volatility June 15, 2022 The European Central Bank (ECB) said today it will shield weaker eurozone economies from soaring interest rates after it convened an emergency meeting to plot how to deal with debt market volatility. The monetary authority governing the group of countries using the euro summoned its experts in response to market pressure that saw Italy’s 10-year [...]
Qualcomm comes out victorious in EU antitrust battle as Vestager’s Big Tech crack down starts flailing June 15, 2022 Qualcomm has come out victorious this morning after the chipmaker won its battle against a €997m (£862m) fine imposed by EU antitrust regulators four years ago, raising eyebrows for the bloc's attack on Big Tech dominance.
Europe ramps up buys of South African coal amid supply security push ahead of Russia ban June 15, 2022 European countries have ramped up purchases of South African coal to meet their energy needs, as the continent scrambles to secure supplies.
Law Society calls £404m spent on court agency staff an ‘expensive sticking plaster’ June 15, 2022 The Law Society has hit out at HM Courts and Tribunals Service (HMCTS), after the government admitted spending £404m on court agency staff over a five-year period. The solicitors’ association called the government’s use of agency staff an “expensive sticking plaster,” as it said the £404m sum “could be put to better use”. “To [...]
