Exclusive: First Group ‘snubs passengers’ over complaints, Liberal Democrats say July 13, 2021 The Liberal Democrats have written to the government to complain over rail operator First Group’s handling of customer complaints. Sarah Olney MP, the party’s transport spokesman, said that the FTSE 250 firm’s “track record leaves a lot to be desired”. It comes after new data from the Office of Road and Rail (ORR) showed that [...]
Dan Loeb’s Third Point rejects investor call for meeting July 13, 2021 The £1bn UK investment company denied investors a meeting to tackle its share price discount and claimed doing so would be legally “ineffective.” Dan Loeb’s Third Point Investors Limited (TPIL) has hit back at a group of activist investors in the latest clash over how the firm is run, by rejecting their calls for a [...]
British SMEs exposed to substantial debt stress July 13, 2021 British small and medium sized businesses are exposed to substantial debt vulnerabilities as a result of the Covid pandemic, according to the UK financial system’s watchdog. The Financial Policy Committee said in a report published today that though UK corporate debt vulnerabilities have only increased modestly, they have “been more substantial… among small and medium-sized [...]
Tate Modern to turn into walk-in mass vaccine hub July 13, 2021 The Tate Modern will turn into a mass walk-in Covid-19 vaccination centre this Friday night, offering first and second Pfizer jabs to anyone over 18. The iconic venue will be hosting the pop-up vaccine site in its Turbine Hall, offering Londoners exclusive access to galleries for the night and a unique setting to get protected [...]
UK still ‘deeply concerned’ over treatment of human rights in Belarus July 13, 2021 The UK has again voiced its concerns over Belarus’ treatment of human rights today, following the hijacking of a Ryanair plane in May. “The United Kingdom remains deeply concerned by the human rights situation in Belarus,” the UK’s ambassador to the United Nations and World Health Organisation in Geneva, Simon Manley, said. “Tightening the laws [...]
Check your hub: All of the Northern Line station closures in 2022 July 13, 2021 The Kennington to Moorgate branch of the Northern Line will be shut for 17 weeks from next January so TfL can finish its redevelopment of Bank station. The £700m upgrade will see the station, one of London’s busiest, made 40 per cent larger. Four of the eight stations on the Bank branch of the service will be [...]
Retail, hospitality and transport sectors fear staff abuse when mandatory face masks end July 13, 2021 Business leaders in industries that operate in public indoor settings fear staff could come under attack from customers after the government lifts the legal requirement to wear face masks on 19 July. As of next week, businesses can enforce their own policy on masks as they see fit to protect their staff and customers. But [...]
Almost all UK housebuilders’ revenues fell as fewer homes built during covid July 13, 2021 Only one of the biggest housebuilders in Britain has seen an increase in its revenue and built more homes in 2020, new research shows. The latest research from Warwick Estates has revealed that Vistry Group was the only major house builder which saw improved performance in terms of the number of houses delivered, and in revenue. The [...]
Revealed: The most-shorted UK stocks in the current volatile Covid-19 era July 13, 2021 New data from the London Stock Exchange and crunched by ETP provider GraniteShares shows the most-shorted UK stocks include some of the supposed "winners of lockdown": supermarkets and food delivery companies.
US inflation surges at fastest pace in over a decade July 13, 2021 US inflation rose at the fastest pace in over a decade last month as severe supply constraints and shortages of key raw materials drove prices up sharply, according to new figures released on Tuesday. The US consumer price index rose 5.4 per cent annually in June, the largest increase since August 2008. The US CPI [...]
