Commuter rail services axed due to staff self-isolating July 22, 2021 Commuter rail operators have today said that they will reduce the number of services they run from next week as a result of staff shortages due to workers being forced to isolate. Govia Thameslink, which runs both the Thameslink and Southern franchises, confirmed that it would run a reduced weekday service from Monday. The firm [...]
China locks down city the size of London after 17 Covid cases found July 22, 2021 China has locked down a city of some 9.3m people, a similar population to that of London, after just 17 cases of Covid-19 were found. It comes as China reported its highest daily number of new cases since January on Tuesday and shot down plans to investigate the Covid-19’s origin. A senior Chinese health official [...]
ECB holds rates at record low to fuel inflation July 22, 2021 The European Central Bank has kept interest rates at a record low in a bid to stimulate higher price growth to help it reach its two per cent inflation target. The central bank of the 19 nations that share the euro said it intends to keep rates at historic lows for longer than first estimated. [...]
Saudi Aramco ‘faces $50m ransom’ after data leak July 22, 2021 Saudi Aramco is reportedly facing a $50m (£36.3m) ransom demand after a data leak from one of its contractors. The world’s largest oil firm confirmed in a statement that it “recently became aware of the indirect release of a limited amount of company data which was held by third-party contractors.” Aramco added: “We confirm that [...]
Bitcoin will still break all-time high this year, says deVere chief July 22, 2021 Bitcoin will hit its previous all-time highs again by the end of the year, claims the CEO of deVere Group.
Charity, dating and pet spending rises as restrictions relax July 22, 2021 As Covid restrictions continue to ease, Britons spend more on charity, dating and their pets. Building society Nationwide said today that spending also surged on holidays, among many other activities, between April to June, as well as eating and drinking, leisure, gardening and clothing. Nationwide analysed millions of transactions by its customers from April to [...]
UK e-commerce sector ranks third in the world July 22, 2021 The UK’s e-commerce sector ranks third globally when comparing sales to national GDP. According to BNPL platform Butter, The UK’s e-commerce retail sales total up to $180bn dollars, which equates to 6.7 per cent of the nation’s GDP of $2.7 trillion. The world’s biggest e-commerce retail market is China, which generated $2.3 trillion through online [...]
Go-Ahead Group names Transdev exec as new boss July 22, 2021 Go-Ahead Group has today named Christian Schreyer as its new chief executive following the departure of long-serving boss David Brown. German national Schreyer, who is currently the chief executive for central and north Europe at public transport operator Transdev, will take over on 1 November. Prior to that, he worked for Deutsche Bahn group for [...]
Night of violence: Multiple stabbings across London in last 24 hours July 22, 2021 London saw several acts of violence in the last 24 hours, leaving one man dead and two women in hospital as a result of knife crime. In south London, a man believed to be in his 20s has died following a stabbing close to Brixton Underground station around 8:45pm. Despite paramedics’ efforts, the victim was [...]
One in four parents worried ending furlough will hit their jobs July 22, 2021 With the furlough scheme set to end in September, many families are left worried about finances; as 41 per cent of families with children believe the Government should extend the scheme because of the financial hardships they may face. 25 per cent of parents are concerned that the end of furlough will hinder job prospects, [...]