Weekend Read: Foreign investors flee Myanmar as regime strengthens grip May 16, 2021 Businesses have continued to bow out of Myanmar after the bloody coup has killed more than 750 people and seen over 5,000 arrested for protesting the military’s forced reign. Companies began to flee Myanmar in March, like Japanese beverage group Kirin which had a $1.7bn stake in Myanmar Economic Holdings Public Company Limited, a company [...]
Israel destroys Gaza tower block housing foreign media May 15, 2021 A tower block in Gaza housing media groups including the Associated Press and Al Jazeera has been destroyed by an Israeli airstrike. The US media organisation said that it had been warned of the impending strike and given an hour to evacuate the building. In a statement, the Israeli military said that the block contained [...]
Santander UK customers hit by technical problems May 15, 2021 Santander customers in the UK are currently unable to withdraw money from the Spanish bank’s cash machines or access online services due to a technical problem. The lender, which has around 14m customers in Britain, said that the issue was affecting branch, telephone, online app and card services. “We’re aware of a technical issue affecting [...]
Easyjet hires headhunters to steer search for new chairman May 15, 2021 Easyjet has hired headhunters to begin the search for the successor to chairman John Barton, who will step down next year. Sky News reported that the budget carrier had hired Lygon Group to conduct the search. Barton, who will step down next May after a full nine year term as the airline’s carrier, has been [...]
Dogecoin inventor takes a swipe at “self-absorbed” Elon Musk May 15, 2021 Dogecoin co-creator Jackson Palmer has given “self-absorbed” Elon Musk both barrels in response to the Tesla boss’s continued Twitter mischief with cryptocurrencies.
‘Overly cautious’ travel rules risk 1.5m jobs, airport bosses say May 15, 2021 The bosses of the UK’s airports have today written to Boris Johnson to urge him to speed up the reopening of international travel. In an open letter, they said that the UK’s “overly cautious” approach to letting people travel again could put 1.5m jobs in aviation and travel at risk. “Naturally airports understand the Government’s [...]
Keir Starmer was right on one thing in his reshuffle – we need a Future of Work Secretary May 15, 2021 After a poor set of local election results and a botched reshuffle, Labour hasn’t had the best of weeks. But one thing it may have gotten right is the appointment of Angela Rayner as “shadow secretary for the future of work”. While it is easy to mock the elaborate titles bestowed on the deputy leader [...]
Ministers set to reveal radical rail shake-up May 15, 2021 Ministers are set to reveal the biggest overhaul of the UK’s rail system in three decades, with reforms including the introduction of flexible season tickets and pay-as-you-go travel across the network. The coming week will see the publication of a long-awaited white paper on the future of the country’s rail network, the Times reported. Chief [...]
Waterloo & City Tube line to reopen from 21 June May 15, 2021 The Waterloo & City line will reopen on 21 June, Transport for London (TfL) confirmed today, having been shut since the first coronavirus lockdown. The underground line, which connects the commuter hub at Waterloo with the Square Mile, is a vital artery for many who commute into the office. Upon reopening, the Waterloo & City [...]
WFH: ‘Like the internet before, we’re at an inflection in the history of work’ May 14, 2021 The arrival of the Covid-19 pandemic and subsequent switch to home working has put us at a pivotal moment in history that could change how we do things forever, according to a specialist. We are about to see a dramatic shift to hybrid working in a post-pandemic world, according to research director Alexia Cambon, who, [...]
