Panic-buying: Almost a third of BP petrol stations running on empty September 26, 2021 Nearly a third of BP’s British petrol stations have run out of the two main grades of fuel, the oil company said. Motorists queued up at petrol stations over the weekend as Brits panic-bought fuel despite ministers’ insistence that there was no shortage. Oil firms had reported that a lack of delivery drivers was causing [...]
German elections: Social democrats tied in Merkel successor vote September 26, 2021 Germany’s CDU/CSU conservatives and their Social Democrat rivals were tied in Sunday’s national election, according to an exit poll. Polls closed at 6pm in local time (4pm BST) as Chancellor Angela Merkel prepares to stand down after 16 years in power. The centre-left Social Democrats (SPD) were on track for 25.5 per cent of the [...]
Octopus scoops up Avro Energy clients as it looks to make move on Bulb September 26, 2021 Octopus Energy will take on the more-than half a million Avro Energy customers left without a provider after the challenger collapsed into administration, Ofgem has confirmed. Avro Energy, which serves 580,000 domestic gas and electricity customers (around two per cent of the entire market), collapsed earlier this month and the company has since been under [...]
Keir Starmer refuses to endorse Angela Rayner’s ‘Tory scum’ comments September 26, 2021 Sir Keir Starmer has refused to back Angela Rayner’s fiery comments over the past 24 hours about Boris Johnson and his cabinet being “racist…homophobic…scum”. Starmer said he would “not have used” those phrases and suggested that it was “not keeping with respectful debate”. The Labour leader said he would talk to his deputy about the [...]
Food shortages: Temporary visas ‘too little, too late’ to save Christmas September 26, 2021 Retail bosses have warned the government’s temporary visas for HGV drivers falls dramatically short of what supermarkets need for Christmas, warning of shortages and disruption. The Department for Transport announced it would make 5,000 visas available to HGV drivers and 5,500 available to poultry workers until Christmas. For months, supermarket bosses have warned empty shelves [...]
Glaxo braces for City charm offensive to defend breakup plans September 26, 2021 FTSE 100 pharmaceutical giant GlaxoSmithKline (GSK) is heading on a City charm offensive to defend its plans to split out the firm into two listed businesses. GSK executives Sir Jonathan Symonds and Vindi Banga will try to win over City institutions at a crunch meeting on October 7, hosted by the Investor Forum. The news [...]
MPs speak out as Morrisons bidder plans to run grocer from Cayman Islands September 26, 2021 The private equity eyeing supermarket Morrisons has lined up an entity in the tax haven Grand Cayman to run the supermarket giant, bid documents have revealed. Cross-party MPs have urged Clayton, Dubilier & Rice (CD&R) to assure it will pay UK corporate tax rates on Morrisons’ turnover, the Sunday Times reported. CD&R revealed full details [...]
Unilever remote staff must have 24-hour commute to the office September 26, 2021 Unilever has told its remote workers they must not stray too far from the office and should live within a 24-hour commute. The Dove owner has told employees they must be able to come into the office at a day’s notice if required for an emergency meeting. The company has defined a 24-hour trip as [...]
Unilever remote staff must have 24-hour commute to the office – CityAM : CityAM September 26, 2021 Unilever has told its remote workers they must not stray too far from the office and should live within a 24-hour commute. The Dove owner has told employees they must be able to come into the office at a day’s notice if required for an emergency meeting. The company has defined a 24-hour trip as [...]
Rolls-Royce bags £1.9bn deal to supply US Air Force September 26, 2021 FTSE 100 aerospace engineer Rolls-Royce has bagged a £1.9bn deal to supply parts for the US Air Force’s fleet of B-52 bombers for the next three decades. Rolls will provide engines for the 76 planes from its American manufacturing plant in Indianapolis. The deal forms part of the US Air Force’s strategy to upgrade their [...]
