BBC kicks off 10-point impartiality review March 3, 2022 The BBC have announced that Sir Andrew Dilnot and Michael Blastland will chair and author the BBC’s editorial review into its taxation and public spending output.
UK services economy surges after end of Plan B curbs despite inflation reaching record high March 3, 2022 Brits rushed back to pubs, bars and restaurants after the end of Plan B measures, boosting the UK’s services economy, but firms are raising prices at a record rate, reveals a closely watched survey released today. Activity among British services firms climbed to an eight month high, hitting 60.5 in February, according to IHS Markit’s [...]
CNN set to launch new streaming platform despite imminent Discovery takeover March 3, 2022 Cable giant CNN has confirmed it will be launching a news and entertainment streaming service, CNN+ in the spring, seemingly sidetracking Discovery’s imminent takeover. Following the lead of other media giants, CNN will launch with a promotional price of $2.99 a month, which will then be hiked to $5.99, the same price as Fox Nation, [...]
Buyout firm Melrose boosts profits but rattles shareholders with delayed cash return March 3, 2022 Industrial buyout firm Melrose beat expectations today as the firm slashed its debt and posted underlying revenues of £7.5bn, but bosses have rattled shareholders with a decision to defer proceeds from two sales.
Council says it wants to rid central London of ‘candy and tat shops’ March 3, 2022 Westminster City Council has outlined its intention to rid central London’s Oxford Street of “questionable candy and tat shops” as a part of a £150m rejuvenation. Rachael Robathan, leader of the council, tonight said “Oxford Street is Europe’s hardest hit street” by Covid and that the decline will continue without a serious intervention. Footfall on [...]
Crypto markets see pullback as volumes hit 2022 high March 3, 2022 The crypto markets have seen some pullback this morning, with Bitcoin currently down one per cent over the past 24 hours to around $43,500.
Labour calls on government to ban UK luxury goods exports to Russia March 3, 2022 Labour is calling on the government to ban the export of British luxury goods to Russia as a part of the sanctions package levelled against Vladimir Putin’s regime. Shadow international trade secretary Nick Thomas-Symonds said the government must clamp down on companies like Burberry and Vivienne Westwood selling their goods to Russia to ensure “Putin [...]
London renters compete for homes with Powerpoint presentations and pet CVs as stock levels sink March 3, 2022 Prospective renters are going above and beyond to win landlords’ affections as stock levels for homes have diminished. The disappearance of Covid restrictions has sparked a revival for the capital’s rental market, while estate agents report historically low levels of stock. High demand has seen rents surge past pre-pandemic levels and London landlords are once [...]
Big Oil’s exit from Russia is finally a true confluence between profit and purpose March 3, 2022 In November last year, any company with enough money to stamp their name on the top of a letterhead was clamouring to prove they weren’t just in it to make money; they were good people too. The Cop26 climate change summit offered an opportunity for businesses of all stripes to issue press releases and host [...]
New UK sanctions: Russian aviation and space industry blocked from insurance market March 3, 2022 The UK government has imposed fresh sanctions targeting Russia’s aviation and space industry, meaning that businesses cannot access the UK insurance sector. The measures, hauled in in response to Russia’s invasion of Ukraine, will “severely limit” access to the global insurance and reinsurance market, the UK government announced today. The European Union (EU) is expected [...]
