GlaxoSmithKline revels in £8.8bn profit ahead of consumer healthcare demerger February 9, 2022 GlaxoSmithKline (GSK) has reported full-year sales of £34bn, boosted by strong pharmaceutical sales over the past 12 months.
Essar unveils £45m plans to build UK’s first refinery-based hydrogen furnace February 9, 2022 Essar Oil UK (EOUK) will install a new £45m furnace capable of using hydrogen as its fuel source at its plant in North West England.
Demand for office space soared last month as businesses feel more certain February 9, 2022 Business owners making enquiries about leasing office space exceeded pre-pandemic levels last month, in a boost for the revival of city centres. Demand was 54 per cent higher last month than in January 2021 and 15 per cent higher than in January 2020, just before the pandemic hit. The office sector had the strongest growth [...]
Surging rents ‘fanning the flames of cost of living crisis’ February 9, 2022 Rents have surged 8.3 per cent in a year, to the highest level they have been in 13 years. London rents have risen 11 per cent in a year as office workers have returned to the capital. Monthly rents are up £62 since the start of the pandemic, hitting an average of £969 a month, [...]
Extremism is on our shores and deradicalisation must start in our communities February 9, 2022 Last month, a 44-year-old in Texas took four people hostage in a synagogue. The perpetrator, a British man by the name of Malik Faisal Akram, was shot dead on the scene after a standoff with police. Despite military campaigns against terrorist groups and government programmes aimed at stymieing radicalisation at home, the question of how [...]
Tougher post-Brexit border controls will lead to long delays at UK-EU border, MPs warn February 9, 2022 The rollout of stringent checks on Brits entering the EU after Brexit will lead to severe delays at the border, warns a new report published today by a group of cross-party MPs. An expected recovery from the depths of the pandemic in the volume of Brits heading to the Continent could lead to cars and [...]
State intervention can boost our economy but only the private sector can rebalance it February 9, 2022 The government’s long awaited levelling up white paper was met with a lukewarm reception last week. One of the main complaints was that there was not enough – or in fact any – new money for the regions. Many localities have become stuck with low levels of productivity and, as a consequence, low levels of [...]
Johnson & Johnson halts production of single shot vaccine February 8, 2022 Johnson & Johnson has halted production of its only single shot covid vaccine as the only facility producing batches focuses on making a new vaccine.
Apple rolls out ‘tap to pay’ feature to turn iPhones into payment terminals February 8, 2022 Apple will roll out a new feature that allows businesses to accept credit cards and digital payments via iPhone.
Solicitor suspended for a year after overcharging client with bill for £2.9m February 8, 2022 A solicitor has been banned from practicing for a year and ordered to pay costs amounting to £41,400, after a tribunal said he had tried to overcharge his client after asking more than £2.9m for his services. The tribunal said Nabeel Amer Sheikh had failed to act with “integrity” as it claimed the solicitor had [...]
