BAE Systems and Rolls Royce win £2bn contracts to boost submarine nuclear programme May 9, 2022 BAE Systems and Rolls-Royce have been granted defence contracts worth more than £2bn to boost the country's nuclear deterrent programme.
Prince Harry comes after Mail on Sunday once again in fresh legal battle May 9, 2022 Prince Harry and Meghan Markle are gearing up for their next big legal battle with the British press.
Al fresco: Publicans welcome permanent pavement licences as red tape slashed for good May 9, 2022 Hospitality bosses have welcomed news that pavement licences will be made permanent, securing the future of al fresco drinking and dining. Ministers introduced temporary licences amid the pandemic when pubs and restaurants faced periods of restrictions on indoor service. Under the Business and Planning Act 2020, the government made it possible for local authorities to [...]
Cost of Ukraine crisis akin to ‘mid-sized natural catastrophe,’ Axa finance chief says May 9, 2022 French insurance giant Axa has said it expects the costs it will incur the Ukraine crisis will be similar to the financial hit posed by a “mid-sized natural catastrophe”. Speaking to reporters, Axa chief financial officer Alban de Mailly Nesle said: “We currently expect the net underwriting losses from the crisis to be akin to [...]
High gas prices here to stay, as government faces more pressure to provide support with energy bills May 9, 2022 High gas prices will persist for the next three years, warned investment bank Stifel, as millions of households struggle with the cost of living crisis.
Exclusive: Bitstamp chief executive walks out over boardroom row May 9, 2022 Crypto exchange Bitstamp has rushed to appoint a new chief executive after Julian Sawyer walked out over a boardroom disagreement.
Prince Harry teams up with Google, TripAdvisor, Visa and Expedia to launch eco-tourism project May 9, 2022 The Duke of Sussex has announced the launch of a sustainable tourism campaign, inspired by New Zealand’s native Māori people. Prince Harry revealed his new project on a television show in the country this week, working with six major companies including Google and Skyscanner to promote more eco-friendly travel. The initiative, called Travalyst, was created [...]
Musk to meet EU industry chief to discuss online safety and chip shortages May 9, 2022 Elon Musk will meet with EU industry chief Thierry Breton this evening to discuss policing of online content, as well as global chip shortages. Meeting in Texas, the two men come together just weeks after the Tesla founder pushed forward with his $44bn takeover of Twitter. Meanwhile, the EU has pushed forward with its new Digital [...]
Law firms face moral dilemma over Russia exit as Ukraine crisis reveals widening split May 9, 2022 Following Vladimir Putin’s decision to send Russian troops into Ukraine on 24 February 2022, major companies from across the globe began cutting their links to Russia. As multinationals from across Western world, including McDonald’s and Coca Cola, piled out of Russia, a number of high-profile law firms also sought to distance themselves from the country, [...]
Legal & General sells all properties under Bishopsgate Property Fund to £500m tune May 9, 2022 Legal & General’s asset management arm has sold all properties held by Bishopsgate Property Fund for just under half a billion pounds. Legal & General Investment Management Real Assets (LGIM Real Assets) revealed it had sold all sites for £474m, on behalf of the joint venture partnership with PGGM and Legal & General Capital (LGC). [...]
