Rail union boss ‘not seen anyone from government’ since January as fresh strikes bring UK to a halt May 31, 2023 Rail union Aslef’s general secretary has said he “hasn’t seen anyone from government” since 6 January, as workers start a wave of strikes, bringing trains to a halt across the country. “They are not interested, they don’t care, they are not interested in a resolution to this dispute,” he told Kay Burley’s Sky News Breakfast [...]
Spectacular froth in AI stocks, says top City strategist May 31, 2023 One analyst believes artificial intelligence represents the 'madness du jour' on global stock markets amid valuation spikes
Goldman Sachs to make another round of job cuts as dealmaking slump continues – reports May 31, 2023 Goldman Sachs is considering another round of job cuts over the next few weeks as the drought in dealmaking continues to weigh on performance. According to Reuters, the layoffs – which would total not more than 250 – could include senior figures like partners and managing directors. The news was first reported by the Wall [...]
It has to be Heinz? Not in this economy, till reports suggest May 31, 2023 Shoppers are continuing to switch to supermarket ketchup, milk and cereal own-brands to cut down on spending amidst the cost of living crisis. Volume sales in store branded products surged 63.3 per cent in the fast moving consumer goods (FMCG) category during May, figures by consumer intelligence company NIQ show. Food prices have surged since [...]
Will nobody rid me of these troublesome ordering screens? May 31, 2023 It used to be so simple. But now ordering lunch in the City has become an exercise in technological frustration and irrational anger.
Drax share price slides as Ofgem launches probe into renewable reporting rules May 31, 2023 Ofgem has launched an investigation into whether Drax has broken reporting rules around its flagship renewable payments programme.
CBI denies ‘toxic’ culture but no sign of government freeze thawing May 31, 2023 CBI's new boss says "misogynistic" accusations are inaccurate but acknowledges group has work to do to persuade its members
Rosneft’s quarterly profits rise to $4bn as Russian state energy giant hikes output May 31, 2023 The first-quarter profit of Russia's largest oil producer Rosneft rose by 45.5 per cent from the previous three months to $4bn.
World’s biggest natural soda ash producer plots rare London listing in boost to the City May 31, 2023 The world’s biggest soda ash producer has revealed plans for a rare London listing today in a boost to the London Stock Exchange after a barren period to start the year.
Paddington bare: Rail strikes clear London hub as passengers frustrated before derby day chaos May 31, 2023 Rail passengers are suffering fresh travel disruption because of more strikes in long-running disputes over pay, jobs and conditions. Members of the drivers’ union Aslef walked out on Wednesday, meaning several operators such as Avanti West Coast, CrossCountry, Northern and Thameslink are running no trains. The union’s general secretary Mick Whelan said no negotiations aimed [...]
