Unite lose bid to become recognised as official union at City watchdog the FCA May 10, 2022 An official arbitration committee has rejected Unite the Union’s bid to become recognised as the official trade union at the Financial Conduct Authority. Unite had applied to become recognised as the official union for the sake of collective bargaining, but this morning the Central Arbitration Committee (CAC) ruled the bid was not “admissible.” The decision [...]
Tesla’s sales in China down by a third as Shanghai plant shrinks production May 10, 2022 Tesla continues to suffer from Covid-induced supply chain issues, with car sales in China slumping 35.7 per cent. Data from the China Passenger Car Association published today highlighted that in April the EV giant produced 10,757 China-made vehicles and sold 1,512 of them – the lowest in two years. Numbers also went down compared with [...]
Future bags women’s fashion platform WhoWhatWear as it eyes US growth May 10, 2022 Publisher Future has nabbed the women’s lifestyle platform WhoWhatWear as it seeks to expand its reach in the US. Shares in the FTSE-250 firm were lifted by around one per cent in morning trading on Tuesday. Future, which owns titles such as Tech Radar and Marie Claire, has acquired WhoWhatWear from US firm Clique Brands, [...]
Explainer-in-brief: UK and EU at loggerheads over Northern Ireland May 10, 2022 The Northern Ireland protocol saga is back following Sinn Féin’s extraordinary assembly election victory last week. The Democratic Unionist Party has said it won’t return to government and form a coalition unless the protocol is scrapped. The post-Brexit agreement between the UK and the EU – meant to regulate checks of goods travelling between the [...]
British Gas profits and Heathrow’s growth keeps FTSE 100 stable May 10, 2022 A strong April for Heathrow and British Gas’s owner Centrica expecting higher profits has helped the FTSE 100 remain steady, up 0.8 per cent at the open this morning. London rose 63 points despite fears about rising inflation, as the UK’s biggest airport lifted its forecast for passenger growth after a spike in travel over [...]
China raises alarm over military capabilities of Elon Musk’s Starlink May 10, 2022 The official newspaper for China's military has taken aim at Elon Musk's Starlink satellites over concerns about their military capabilities.
EP: 129 York Dante Meeting May 10, 2022 The three-day Dante meeting takes place from Wednesday to Friday at York racecourse this week where both the colts and fillies will hope to prove themselves good enough to take part in next month’s Epsom classics, the Cazoo Derby and Cazoo Oaks. There’s also an opportunity to see the stayers in action in the Yorkshire [...]
Sony doubles profits amid gaming boom May 10, 2022 Sony doubled its operating profit in the fourth quarter to 138.6bn yen (£862m) after sales were boosted across its gaming business.
Investment firm HG Capital weathers turbulence of war in Ukraine and the pandemic May 10, 2022 Investment firm HG Capital Trust has weathered pressures of the war in Ukraine and the pandemic, as it reported its revenue up nearly five per cent. The London-listed firm’s share price was up 435.5 points at the end of March, with its net assets up to £2bn. Its top 20, representing almost 80 per cent [...]
Top Gun: Easyjet launches recruitment campaign to tackle job stereotypes May 10, 2022 Easyjet has launched a new recruitment campaign to attract more young girls to the industry, as only 6 per cent of pilots worldwide are women. To encourage more girls to consider a piloting career as something within their reach, the airline produced a parody of the 80s blockbuster film Top Gun, replacing Tom Cruise and [...]
