Government releases £150m bus funding package March 1, 2022 The government has released the £150m final tranche of pandemic-related support for buses and light railway services. Part of a £2bn package set up by the government during the pandemic, the funding is expected to run until October 2022, helping more than 160 operators with services. “The funding I’ve announced today will ensure millions of [...]
UK’s biggest energy port confirms restrictions on Russian ships March 1, 2022 The UK's biggest energy port will not allow entry to any ships owned, registered or controlled by Russia - or flying the country's flag.
Grant Shapps expresses frustration at London tube strikes March 1, 2022 Transport secretary Grant Shapps expressed today its frustration at the today’s Tube strike, which has created havoc across the whole of London. Shapps urged London mayor Sadiq Khan and Transport for London (TfL) to resolve the dispute with the National Union of Rail, Maritime and Transport Workers (RMT) as soon as possible, while calling on [...]
Telecom Italia set to propose alternative to £9bn KKR takeover swoop March 1, 2022 Telecom Italia is gearing up to offer an alternative to US fund KKR's hefty €10.8bn (£9bn) takeover bid.
Johnson accuses Putin of ‘indiscriminately killing children’ as Russia accused of war crimes March 1, 2022 Boris Johnson has accused Vladimir Putin of indiscriminately “sending missiles into tower blocks to kill children” as evidence of widespread Russian war crimes against Ukrainians begins to mount. The Prime Minister today said after a meeting with Polish PM Mateusz Morawiecki that “I’m more convinced than ever as this hideous conflict progresses that Putin will [...]
Russian miners Evraz and Polymetal set to fall out of FTSE 100 in quarterly shake up March 1, 2022 London listed Russian mining firms Evraz and Polymetal are set to be shuffled out of the FTSE 100 tomorrow in the index’s quarterly review.
Slater & Gordon cuts divorce fees in half ahead of new laws allowing for ‘no-fault divorce’ March 1, 2022 Slater & Gordon has halved the price of getting a divorce, in preparation for the introduction of new laws allowing for “no fault divorce” next month. The law firm said it would cut fixed fees charged to those seeking a divorce from £1,020 to £540, plus court fees. The decision comes as the government [...]
BA’s owner IAG commits to 40 per cent female management by 2025 March 1, 2022 British Airways’ (BA) owner IAG extendeded today its gender equality commitments, pledging to reach a 40 per cent female management target by 2025. While female representation on the group’s board stands currently at 42 per cent, since 2021 women have occupied a 33 per cent of all senior management positions in the company. The new [...]
Shell announces new CFO following London HQ move March 1, 2022 Shell has appointed Sinead Gorman as its new chief financial officer with Jessica Uhl stepping down following the firm's HQ move to London.
Toshiba boss resigns suddenly amid historic break-up plans March 1, 2022 Toshiba’s boss has suddenly resigned, as the company undergoes a significant restructuring. Satoshi Tsunakawa will be replaced by interim CEO Taro Shimada, amid reports that the plans to split the company had been met with opposition. The Japanese technology giant announced a historic break-up plan in mid-November, following pressure form activist investors to streamline operations. [...]
