Space firms can ‘solve problems that government’s can’t’ amid Ukraine invasion March 21, 2022 Elon Musk’s Starlink satellites have been helping Ukraine’s drone unit push back against Russian forces, as the space industry acts as a core string in Europe bow to diffuse Russia. A specialist air reconnaissance unit within the army, known as Aerorozvidka, has been picking off Russian tanks, command trucks and vehicles carrying electronic equipment since [...]
Inflation to climb again in fiscal headache for Sunak March 21, 2022 Inflation in the UK will accelerate to its highest rate since 1991, according to bets placed by City economists on Wednesday’s fresh data released ahead of Chancellor Rishi Sunak’s spring statement. The rate of price rises will breach six per cent, new figures from the Office for National Statistics (ONS) will show. Rising energy and [...]
Ericsson chair starts ISIS probe but backs backs Borje Ekholm as CEO March 21, 2022 Ericsson chairman Ronnie Leten said this morning that a comprehensive review is underway following the company's conduct relating to Iraq and how it was handled internally.
German firms sign hydrogen deals in UAE as country pivots from Russian fossil fuels March 21, 2022 German energy companies will enter into a joint demonstration project for hydrogen transport, revealed the country's economy ministry.
Consumer spending jumps a fifth as cost of living crisis deepens March 21, 2022 Brits are scrambling to tighten their belts amid a cost of living crisis which has sent the price of bills soaring, fresh data has revealed.
London City Airport reports fourth consecutive busiest week March 21, 2022 Passenger numbers continue to grow at London City airport, as the hub reported today its fourth consecutive week of growth since the pandemic’s start. Following the end of all UK travel restrictions, passenger numbers have gone up 40 per cent on February’s levels, while business travel has reached 2019 figures – representing a 46 per [...]
Number 10: Russian state actors made prank calls to Ben Wallace and other ministers March 21, 2022 Prank calls to defence secretary Ben Wallace and home secretary Priti Patel last week were made by Russian state actors, according to Number 10. Boris Johnson’s official spokesman said the calls come “straight from the Kremlin playbook to try and distract from their illegal activities in Ukraine and their human rights abuses there”. Wallace said [...]
Gambling sector warns against ‘naive changes’ in long-awaited white paper March 21, 2022 The gambling industry has vowed to back the Chancellor’s economic recovery plan so long as the long-awaited white paper does not bring “well-meaning but naive changes”. Chief of the Betting and Gaming Council (BGC) Michael Dughe warned that whilst bookies were ready to help Rishi Sunak recover the public finances after the pandemic, he said [...]
Boeing’s shares fall following China Eastern Airlines’ crash March 21, 2022 Boeing’s shares fell 4.60 per cent today, opening at $184.40 after a 737 operated by China Eastern Airlines crashed in the country. Compared to Friday’s closure, the company’s stocks went down 8 per cent in pre-market trading but recovered slightly after the bell. Authorities said the crash’s cause was still under investigation, but the plane [...]
Govia Thameslink avoids nationalisation plans despite £23.5m Southeastern fine March 21, 2022 Railway operator Govia Thameslink is expected to avoid nationalisation plans even though its subsidiary Southeastern was slapped with a £23.5m fine. A joint venture between the Go-Ahead Group and French public transport company Keolis, Govia is reportedly being awarded a “national rail contract”, which will allow it continue operations. Whitehall sources told the Telegraph an [...]
