Virgin Atlantic flies above aviation’s staff shortages in post-Covid re-hiring spree June 5, 2022 The boss of Virgin Atlantic has suggested the reason it has been left out of recent airport chaos is because it has been re-hiring at ease amid industry-wide staff shortages. Virgin Atlantic has been absent from half-term holiday headlines detailing long queues and cancelled flights, which chief executive Shai Weiss put down to its success [...]
Man tasered on Chelsea Bridge before falling into Thames dies in hospital June 5, 2022 Press Association A man who ended up in London’s River Thames after police fired a Taser in a bid to detain him has died, the Independent Office for Police Conduct (IOPC) has said. Police were called to Chelsea Bridge Road, west London, on Saturday morning after receiving reports that a man was armed with a [...]
Energy bills to close in on £3,000 per year this winter June 5, 2022 Energy bills could spike to nearly £3,000 per year in the depths of winter, when energy demand will be at its highest, warned Cornwall Insight.
Activist challenges to energy firms lose momentum as investors focus on supply security June 5, 2022 Motions pushing for energy giants to curb emissions to meet climate change goals have lost momentum following Russia's invasion of Ukraine.
Schroders opposes £1.2bn takeover of railway giant FirstGroup by US private equity firm June 5, 2022 Transport giant FirstGroup is facing a shareholder rebellion from Schroders over a proposed £1.2bn takeover bid from a US private equity firm. Schroders, FirstGroup’s biggest shareholder with a nearly 18 per cent stake, called I Squared Capital’s offer “unattractive”, adding that the figure failed to reflect FirstGroup’s weight in the UK’s railway sector. FirstGroup [...]
North Sea oil and gas sector jeopardised by windfall tax warns Investec June 5, 2022 The windfall tax could accelerate the decline of the UK's oil and gas sector and increase the country's dependence on overseas suppliers, argued Investec.
RMT strikes again: London transport faces ‘severe disruption’ tomorrow June 5, 2022 Transport for London (TfL) has warned of “severe disruption” beginning tomorrow, as 4,000 Tube staff walk out and commercial leaders warn of “damaging” impacts to London’s recovery. Tube services are expected to be crippled well into Tuesday morning, TfL has cautioned, amid planned industrial action from the Rail, Maritime and Transport union (RMT). Many stations [...]
Oil markets to open high as supply concerns escalate despite OPEC+ boost June 5, 2022 Oil prices will begin trading next week just below the $120 milestone, with expectations of rebounding demand putting pressure on tight supplies.
Tube strike: TfL warning on Monday travel as the RMT disrupts London yet again June 5, 2022 Press Association London Underground is advising people not to travel on Monday because of a strike by thousands of workers in a dispute over jobs and pensions. Members of the Rail, Maritime and Transport union (RMT) will walk out for 24 hours, crippling Tube services across the capital. Transport for London (TfL) said some train [...]
Metaversal growing pains – the sky is just the beginning June 5, 2022 Dr Chris Kacher says the 50,000ft view of the prevailing trend suggests the sky is just the beginning for the metaverse.