Today’s youngsters have more reason than most to complain April 14, 2022 There are few generations who do not think their ancestors had it better; similarly few who think the next have it harder. Those under 35 or so, born in Britain, may have a more reasonable case than most. Many of them left school or graduated into the teeth of a global financial crisis, from which [...]
Wizz Air UK’s managing director: ‘We have not been affected by Covid-induced staff shortages’ April 14, 2022 Wizz Air UK has not been affected by the current wave of Covid infections that has forced other airlines to slash hundreds of flights, its managing director Marion Geoffroy said. “We haven’t seen an increase in the number of infected employees and we haven’t had to cancel any flights,” she told City A.M. “But we [...]
UK to set out immigration deal with Rwanda in Channel crossing crackdown April 13, 2022 Boris Johnson will tomorrow announce a “migration and economic development partnership” with Rwanda, with speculation rife this will see the UK send migrants found trying to cross the English Channel to the African nation. Johnson will make a speech in Kent tomorrow to announce a crackdown on illegal boat crossings, with the Prime Minister expected [...]
IMF plots launch of $45bn fund to rival China’s Belt and Road initiative April 13, 2022 The International Monetary Fund plans to mobilise $45bn of funding to help countries deal with long-term challenges such as Climate Change.
Major union Unite sees average ‘gender pay gap’ increase over past year April 13, 2022 The UK’s largest union Unite has revealed the gap between average pay for its male and female employees has widened, with the union being accused of “hypocrisy”. A new Unite report showed the “mean gender pay gap” for its 1,072 employees increased by 0.6 per cent in the past year, despite the trade union often [...]
The City View: Rob Appleby, CIO of the Cibus Fund, on the future of food, food tech, and supply chain disruption April 13, 2022 Today Andy Silvester chats to Rob Appleby, co-founder and Chief Investment Officer of the Cibus Fund, a London-based private equity platform focused on investments in sustainable food and agriculture. They go through the tech revolution in farming; why we should rethink the production of food; the impact of Russia’s invasion of Ukraine on the global [...]
Partygate: Junior minister resigns after PM given police fine April 13, 2022 Junior justice minister Lord David Wolfson has quit the government for “repeated rule-breaking” in Downing Street in what is the first ministerial resignation after Boris Johnson was handed a police fine yesterday. Wolfson said in a resignation letter to the PM that “the scale, context and nature” of the breaches of Covid rules by the [...]
Sky-high inflation forces Brits to raid pandemic savings April 13, 2022 Brits are being forced to run down their pandemic-induced savings to maintain spending amid historically steep inflation, reveals fresh figures published today. Pay is trailing behind the rate of price rises, meaning households are having to raid their war chests to maintain living standards. Over one in two Brits have already drawn from their savings [...]
High Court bans man from suing people after he files £33.3 quadrillion claim April 13, 2022 The High Court has banned a man from suing people, after he tried to sue someone for more gold than has ever been mined in history. The court said serial litigator Sayed Sangamneheri should not be allowed to file anymore claims for the next two years, after he sought to claim £33.3 quadrillion. After the [...]
Which? calls for airlines to be fined over travel disruption April 13, 2022 Which? called today for airlines to be fined over the ongoing travel disruption. The consumer champion called for the Civil Aviation Authority (CAA) to be given “teeth” after a spike in Covid infections among staff forced airlines to slash hundreds of flights. “With many in the industry predicting a busy summer, the government must work [...]