UK flirting dangerously close with recession this year, economists warn April 26, 2022 The UK economy is flirting dangerously close with falling into recession this year as a result of inflation dealing a heavy blow to households and businesses. That’s according to a slate of gloomy forecasts from some of the City’s top economists. Elevated food, energy and core goods prices will send inflation to a peak of [...]
PepsiCo swallows nearly $500m in charges after Russia invades Ukraine April 26, 2022 Beverage maker PepsiCo has taken a hit of nearly $500m in charges relating to Russia’s invasion of Ukraine. The soft drinks giant told investors on Tuesday that it had been forced to swallow $241m “brand portfolio impairment charges” and a separate $241m in “Russia-Ukraine conflict charges”. While the group suspended sales of soft drinks brands [...]
Criminal solicitors weigh up strike plans over low paid legal aid work April 26, 2022 Criminal solicitors are weighing up plans to join barristers in launching a strike, by refusing to take on poorly paid legal aid work. At a conference hosted by the two of the UK’s biggest solicitors trade association, solicitors raised the prospect of taking industrial action, with a view to pressuring the government into boosting legal [...]
Trevor Steven: If Liverpool pull off the quadruple the achievement will never be repeated April 26, 2022 Who is the best English club side of all time? The Liverpool of the 1970s? Sir Alex Ferguson’s Manchester United? If the current Liverpool team can do the previously unthinkable and complete the quadruple over the next few weeks then it will unquestionably be them. Already EFL Cup winners, they are in the FA Cup [...]
China drives global coal capacity amid pandemic recovery April 26, 2022 The global capacity of power plants fired by coal rose nearly one per cent last year, driven by Chinese growth over the past 12 months.
Johnson threatens to ‘privatise the arse’ off Passport Office and DVLA April 26, 2022 Boris Johnson has threatened to “privatise the arse” off the Passport Office, Driver and Vehicle Licensing Agency (DVLA) and other under-performing public bodies. The Prime Minister told cabinet colleagues that he wanted to end the “post-Covid mañana culture” among arms-length public bodies, which now have huge backlogs, by increasing scrutiny. Senior government sources also say [...]
Heathrow raises passenger forecast but £4bn financial hole stunts growth April 26, 2022 Heathrow announced today it was raising its passenger forecasts for 2022 despite pandemic-related losses swelling to £4bn. The London hub’s forecast increased to 65 per cent of pre-pandemic levels, going up from 45.5m to 52.8m due to a peak in passenger demand over the summer. After experiencing a bleak January and February as a result [...]
Chernobyl: ‘Abnormal’ amount of radiation at site of nuclear plant after Russian occupation April 26, 2022 There is an “abnormal” amount of radiation at the site of Chernobyl nuclear power plant, following the Russian invasion and occupation of the site. The head of director of the International Atomic Energy Agency, Rafael Grossi issued a warning about the dangers posed by the site, saying it was being monitored. “day by day”. The [...]
Former Citibank exec named head of City of London police force’s insurance fraud unit April 26, 2022 The City of London police has named a former Citibank exec as the head of its crack unit dedicated to tackling insurance fraud. Detective Chief Inspector Tom Hill, who joined the City of London police more than 15 years ago from his previous role as a project manager at Citibank, is set to lead the [...]
Police name four victims of Southwark stabbing April 26, 2022 Police have named the four victims killed in a South London stabbing on Monday. Denton Burke, 58 and his partner Dolet Hill, 64, were stabbed to death at their home in Delaford Road Southwark, in the early hours of yesterday morning. The force also announced victims as Tanysha (Rachquel) Ofori-Akuffo, 45, who is Dolet Hill’s [...]
