Petrol retailers are not profiteering despite record prices at the pumps, say experts May 31, 2022 Petrol retailers are not engaging in wholesale profiteering amid record forecourt prices said industry analysts.
Royal Mail faces Ofcom probe as union action looms May 31, 2022 Ofcom has launched an inquiry into Royal Mail's failure to meet targets in the past year just as the postal service comes under attack from unions.
eToro adds six more digital assets to cryptocurrency line-up May 31, 2022 Social investing network eToro has today added a further six new cryptocurrency tokens to its platform which now boasts 68 digital assets.
Qatar v Airbus: Airline ready to see dispute go to trial May 31, 2022 Qatar Airways has announced it is ready to see the legal dispute against Airbus go to trial after a UK judge granted the airline speedy proceedings. The trial could start from June next year and last throughout the summer. “Qatar Airways is ready to see this matter through to trial to ensure that its rights [...]
UK cost of living crisis to tame runaway house prices, says Savills May 31, 2022 The UK’s cost of living crisis is expected to stunt house price growth for the rest of the year, according to estate agents Savills, taming property costs which continue to hit record levels. Affordability pressures will leave house prices no choice but to slow in their ascent, as property deals and mortgage approvals fall in [...]
UK will not diverge far from EU in Brexit rules bonfire, says Treasury official May 31, 2022 The Treasury’s chief of financial services looked to play down the severity of the UK’s planned post-Brexit bonfire of financial regulation today, saying the EU’s financial rules shared the same goals and were designed in part by UK lawmakers.
Eurozone inflation surges to 8.1 per cent as pressure grows on ECB for rate hikes May 31, 2022 Eurozone inflation surged ahead of expectations to a record high in May as pressure grows on the European Central Bank’s to hike interest rates.
Home Office and DfT rescind P&O contract as company crackdown goes on May 31, 2022 The Home Office and the Department for Transport (DfT) have announced they rescinded a contract with P&O as the government crackdown against the disgraced ferry operator continues. “The Home Office has terminated its agreement with P&O to provide contingency travel services to juxtaposed ports with immediate effect,” home secretary Priti Patel tweeted last night. “Alongside [...]
Bitcoin on the up after institutions take advantage of the dip May 31, 2022 The price of Bitcoin has lifted significantly from its protracted slump with clear indications that institutions have been buying in on the dip.
Partygate: Minister says people want ‘professionalism and competence’ from government May 31, 2022 Brits need to see the government display “professionalism and competence” in the wake of the partygate scandal, trade minister Penny Mordaunt has told City A.M. Mordaunt, who was touted in January as a potential future Tory leader, said “the really essential issue [about the Gray report] is about our ability to restore trust” and to [...]