Renishaw revenue jumps by a fifth despite Russia pullout May 10, 2022 British engineering firm Renishaw reported revenue of £492m in the first nine months of the year, up by a fifth compared to last year.
Wizz Air eyes Saudi Arabia expansion to jump on growing tourism sector May 10, 2022 Wizz Air has announced it was looking into expanding its operations in Saudi Arabia. The low-cost carrier said today it has signed a Memorandum of Understanding with the Saudi ministry of investment to support the development of the country’s tourism sector. Commenting on the announcement, travel expert Rob Staines said: “This is exciting news. Much [...]
EU scraps plans to ban shipping of Russian oil imports amid backlash May 10, 2022 The European Union has been forced to abandon plans to bar the shipping of Russian crude oil amid pushback from member states.
Heathrow posts strong April but warns of uncertainty ahead May 10, 2022 Heathrow has posted strong results for April but continued to warn about the uncertainties that loom ahead. The London hub reported that 5 million passengers travelled through its terminals in April, with outbound leisure travel driving demand and prompting the airport to increase its passenger forecast for the year by 16 per cent. Commenting on [...]
Sir Keir’s lockdown beers shouldn’t lift Tory spirits too much amid economic outlook May 10, 2022 Today’s Queen’s Speech is an event of great pomp and circumstance, even if this year the Queen’s Speech will not in fact feature the Queen. For a government riding high, it is an opportunity to push forward some key ambitions for the coming year. For this government, mind, it’s more of a chance to set [...]
EU can’t always get what you want: Hungary stalls progress towards Russian oil ban May 10, 2022 Hungary has continued to withhold its backing from a long-proposed European Union ban on imports of Russian oil supplies.
Brits hold back on buying sofas and fridges as cost of living climbs May 10, 2022 Brits have held back on buying big ticket items, such as furniture, as living costs spiral. Retail sales in the UK fell on a like-for-like basis by 1.7 per cent last month, compared to April 2021. Sales growth went into decline for the first time in 15 months as retailers face a balancing act between [...]
Carbon trading could create a green mask for companies to hide behind May 10, 2022 When the Integrity Council – an independent governance body – announced they were drawing up a set of global values for voluntary carbon markets in March, it seemed like an answer to many prayers. Compulsory carbon markets, where regulated companies must use carbon allowances to justify their annual emissions, have been accepted as an effective [...]
UK stamps out record number of online scams following defence push May 10, 2022 A record number of online scams were removed from the internet last year thanks to the nation’s cyber experts significantly expanding the UK’s defences to push back against fraudsters, it has been revealed today. Ahead of the opening of its conference, the National Cyber Security Centre – a part of GCHQ – disclosed that more [...]
London won’t throw out fraud until we put transparency at the core of finance May 10, 2022 Today the Queen’s annual speech will be delivered to parliament. Amid all the pomp and ceremony that surrounds this event, one very important piece of legislation to be expected is a second Economic Crime Bill. The first bill had to be fast-tracked through parliament as part of the government’s immediate response to Russia’s invasion of [...]
