Pressure builds on Bank of England to tackle 30-year high inflation print April 13, 2022 Pressure on the Bank of England to get serious about tackling historic high inflation intensified today as analysts warned the cost of living could reach double digits this year. Prices are already rising at the fastest pace since 1992, climbing seven per cent over the last year, according to figures released by the Office for [...]
UK invests £20m to improve roadside facilities for lorry drivers April 13, 2022 The UK Government announced today it will invest £20m to improve roadside facilities for lorry drivers. Part of National Highways’ £169m Users and Communities fund, the investment will go towards improving drivers’ showers, eating and security facilities. “We are dedicated to improving the experience of everyone using our roads and remain committed to working closely [...]
Activist investor rounds on new Peloton chief for lack of reform April 13, 2022 The activist investor that moved to oust former Peloton boss John Foley has now rounded on its new chief, claiming he has failed to reform the company’s governance and has not made a credible case for it to remain independent.
UK drivers suffer record spike in monthly petrol prices April 13, 2022 Petrol prices have risen over 12 pence per litre between February and March, the largest monthly hike since records began in 1990.
Mastercard partners with Nexo to launch crypto backed payments card April 13, 2022 Mastercard has forged a partnership with crypto lender Nexo to assist with the launch of a "crypto-backed" payments card.
Ukraine: UK sanctions another 206 Russians in response to railway bombing April 13, 2022 The UK has hit another 206 individuals with sanctions in response to an horrific attack on civilians trying to escape Russia’s invasion at a train station last week. Foreign secretary Liz Truss said 178 of those sanctioned were key members of the Russian-backed Lugansk and Donetsk breakway states in the eastern Donbas region. The train [...]
Chelsea takeover: who are the four remaining bidders? April 13, 2022 As the race to takeover Chelsea enters the final stretch, who are the consortiums vying to succeed Abramovich?
Competition watchdog gives Sony and Nintendo subscriptions the green light April 13, 2022 The competition watchdog has finally given Sony and Nintendo's gaming subscription the green light following the gaming giants' changes.
‘Piecemeal’ reforms leave UK rental sector littered with discrimination and health risks April 13, 2022 The UK’s rental sector is littered with unlawful discrimination and health and safety risks after “piecemeal” reforms, according to a report from a committee of MPs today. More than one in eight privately rented homes in Britain pose a serious threat to people’s health and safety, while around one in four landlords are unwilling to [...]
Martin Shkreli’s lawyers ask to drop him as client as ‘pharma bro’ owes $2m in legal fees April 13, 2022 Martin Shkreli’s lawyers are seeking to drop him as a client, over claims the price-hiking pharma exec owes them $2.04m (£1.57m). Philadelphia headquartered law firm Duane Morris LLP asked for a judge’s permission to pull out of representing Shkreli after claiming the imprisoned former hedge fund manager “has no assets” to pay its fees. The [...]
