EU to introduce laws to drive microchip production and fight ongoing shortages January 20, 2022 The European Commission is set to propose a draft legislation for the regulation of microchips at the start of next month, European Commission president Ursula von der Leyen said this morning.
TfL under fire over ‘unfair’ proposed Piccadilly line premium fare to Heathrow January 20, 2022 Transport for London (TfL) is under fire over a proposed increase to Piccadilly line’s journeys to Heathrow, according to recent reports. To be put in place between Zone 1 and Zone 6, the ‘premium fare’ would see commuters pay 60 per cent more to travel, with peak prices implemented all day instead of during rush [...]
Bumpy rides: Number of UK daily flights at half of pre-Covid levels January 20, 2022 Turbulent times are far from over for airlines, as the number of UK daily flights is at an average of 2,443 per day – still 49 per cent down on pre-pandemic levels, according to data from the Office for National Statistics (ONGS). Commenting on the results, Hargreaves Lansdown’s senior investment and market analyst Susannah Streeter [...]
JPMorgan tops list of European M&A advisers with $301.5bn deals January 20, 2022 JPMorgan has topped a list of European M&A advisers in terms deal-value after working across $301.5bn worth of deals in 2021, according to new data.
Meta plots entry into red hot NFT market January 20, 2022 Meta is reportedly working on plans to let users create and sell non-fungible tokens as the global market for digital collectibles heats up.
Three really interesting jobs you can apply for this week January 20, 2022 We’ve said it before and we’ll say it again… our job board really is booming with brilliant job opportunities right now. If you are on the lookout for a new job (it’s that time of year really, isn’t it?), then you’re certainly in the right place. We wish we could show you every job that’s [...]
Cyberattacks on the rise as skills shortage sees law firms made easy target January 20, 2022 Law firms, accountants, and consultancies are becoming an easy target for cyberattacks, as they lack the IT skills to protect themselves. Almost two-thirds (65 per cent) of IT experts working in professional services companies said they believe their firms are facing a shortage of cybersecurity skills, according to a report from cybersecurity company Keeper. In [...]
Ride green: Uber Boat builds UK’s first hybrid high-speed passenger ferries January 20, 2022 Uber Boat by Thames Clippers has announced it is currently building the UK’s first hybrid high speed passenger ferries. Set to respectively launch in autumn 2022 and spring 2023, the ferries will operate solely on battery power when transporting commuters between Tower Pier and Battersea Power Station. “After the challenges of the last two years [...]
Competition is heating up amongst retail banks, says FCA January 20, 2022 Fierce competition in retail banking is driving choice and lowering prices for consumers according to the UK financial watchdog.
UK and Australia to partner on climate-resilient infrastructure investment in the Indo-Pacific January 20, 2022 The UK and Australia have tabled an agreement which will see closer cooperation on offering finance for infrastructure in the Indo-Pacific. The new deal sets the stage for disaster resilient and climate adapted infrastructure, foreign secretary Liz Truss confirmed today. The government aims to mobilise £8bn of UK-backed financing a year by 2050, as the [...]