ULEZ expansion a ‘money-raising exercise’, says Transport Secretary August 29, 2023 The expansion of the ultra-low emission zone (ULEZ) to all London boroughs is not about air pollution but a “money-raising exercise”, the Transport Secretary has said.
UBS settles Credit Suisse lawsuit with Swiss financial blog Inside Paradeplatz August 29, 2023 UBS and Swiss finance blog Inside Paradeplatz have settled a lawsuit relating to comments published on the site about Credit Suisse.
Air traffic control chaos: Over a quarter of UK flights nixed as Heathrow crippled August 29, 2023 Over a quarter of flights to and from UK airports were cancelled yesterday, revealing the huge and ongoing impact of the network-wide air traffic control failure currently disrupting the sector. According to aviation analytics firm Cirium, 790 departures and 785 arrivals were cancelled, equating to 27 per cent of all flights from the UK. Heathrow [...]
James Cleverly to make landmark China visit in bid to ‘protect UK national security’ August 29, 2023 Foreign secretary James Cleverly will make a landmark visit to China on Wednesday in a bid to reaffirm the UK’s protection of national security. Cleverly, who is currently in the Philippines, will fly to Beijing on August 30 for high-level talks with top officials including vice president Han Zheng and foreign affairs minister Wang Yi. [...]
UK transport is reliable, minister insists, despite flight disruption and rail strikes August 29, 2023 Transport Secretary Mark Harper has insisted the UK has a reliable transport network, despite yesterday's “network-wide” failure of the country's Air Traffic Control (ATC) system and ongoing rail strikes.
The UK’s stamp duty on shares is a form of fiscal self-harm August 29, 2023 The malaise of our stock markets has been discussed at length over the past year. Reasons offered vary: Britain’s investors lacking a risk appetite, pension funds not putting sufficient capital into equities, a lack of research thanks to Brussels-era unbundling rules, even our liberal approach to short sellers have all been given as perfectly sane [...]
FTSE 100 close: London markets storm to two week high August 29, 2023 London’s premier index stormed to a two week high thanks as falling food inflation and hopes of a Chinese stimulus package lifted sentiment. The bluechip FTSE 100 ended 1.7 per cent higher at 7,464.99 while the midcap FTSE 250 rose 1.9 per cent to 18,468.59. Many markets around the world saw strong trading yesterday, when [...]
Rebel GAM shareholders cough up £18m and push through boardroom clearout after Liontrust deal implodes August 29, 2023 The rebel investor group that disrupted Liontrust’s takeover of GAM has agreed to cough up CHF 20m (£17.9m) and push through a total boardroom shake-up today.
ULEZ 2.0? London councils charging for parked cars with high emissions sparks fury August 29, 2023 London councils have been accused of “attacking working class people” after introducing new parking charges for residents’ vehicles based on their cars’ emissions.
Trust in supermarkets at 10-year low like ‘dark days of horsemeat scandal’ August 29, 2023 Trust in supermarkets has plunged to its lowest level in nearly a decade as consumers continue to worry about high prices, despite food inflation showing signs of easing. In August the grocery sector received a trust score of +30 -on a scale of -100 to +100 -from British shoppers, a new study by Which? revealed [...]