London workers are £50,000 worse since 2010 due to wage stagnation, Sadiq Khan report claims June 9, 2023 Workers in London are £50,000 worse off since 2010 due to “scandalous” poor wage growth over the past decade, according to a new report. An analysis from London Mayor Sadiq Khan suggested that workers in the capital have lost thousands of pounds every year as their salaries have failed to keep pace with inflation. In [...]
Shoe Zone: Shares up almost eight per cent after better-than-expected sales June 9, 2023 High street retailer Shoe Zone has revealed that spring sales surpassed expectations after strong trade in recent weeks. Shares in the company took a step in the right direction as a result, rising by more than 7% on Friday morning. The discount shoe brand said sales since its previous update on May 16 have “exceeded [...]
BAE wins £270m contract for Royal Navy radars creating hundreds of jobs June 9, 2023 Defence giant BAE Systems has been awarded a 10-year contract worth £270 million to support the Royal Navy’s three main radar systems, securing hundreds of jobs. Every major Royal Navy ship from the Queen Elizabeth Class aircraft carriers to the Type 45 destroyers features at least one of the systems, which are designed and built [...]
Halfords investors looking for progress after profit warning earlier in the year June 9, 2023 Investors in Halfords will be hoping the retailer has made progress in repairing holes in its workforce as it is set to unveil its full-year financial results. The bike and car parts seller warned over its profits earlier in the year amid a shortage of mechanics. The firm, which also services cars and bikes and [...]
Planet Crypto: The Secret Diary of Sam Bankman-Fried, aged 30 and ¾ June 9, 2023 More mirth from the comedic crayons of Planet Crypto as they delve deep into the diaries of Sam Bankman-Fried and see what FTX is up to.
Three injured as drone crashesd into Russian building – while Ukraine recovers from flood damage from dam destruction June 9, 2023 Three people have been injured after a drone crashed into a residential building in a city in south-western Russia near the border with Ukraine, the regional governor said. The latest drone attack to target Russian cities in recent weeks comes as Ukraine has been intensifying its efforts to expel Russian forces from a vast swathe [...]
Softened windfall tax not enough to turn tide on falling North Sea investment, Hunt warned June 9, 2023 The government needs to do more than soften the windfall tax to reassure troubled North Sea oil and gas companies warned OEUK.
Wear all colours, not just crypto orange and black June 9, 2023 Embrace generative AI, don’t be a Luddite, ignore the cults, cuddle the LLM and look towards a brighter future, urges an affectionate Monty.
EP: 205 Haydock, Beverley & Hong Kong June 9, 2023 Haydock stages two Group 3 races, including the John of Gaunt Stakes on Saturday, plus a clash of the sprinters in the Achilles Stakes. In Yorkshire, two-year-olds feature at Beverley as we look forward to the Hilary Needler Trophy and the Two Year Old Trophy, both run over five furlongs. City AM Racing editor Bill [...]
UBS agrees £8bn loss protection deal paving way for completion of Credit Suisse tie-up June 9, 2023 UBS has agreed a loss protection deal with Swiss authorities worth CHF9bn (£8bn), paving the way for the merger of Switzerland’s largest banks next week. Under the arrangement announced today, UBS will bear the first CHF5bn of potential losses on a defined portion of Credit Suisse’s assets. The Swiss government will then cover the next [...]
