DIY firm Screwfix to open 40 new stores and create 400 jobs August 26, 2020 DIY tool firm Screwfix has announced that it will open 40 new stores this year, creating around 400 jobs across the UK and Ireland. The retailer, which is owned by Kingfisher, said that it would open 30 stores in the UK by the end of January, with 300 jobs in retail management, service assistance and [...]
European electric vehicle sales surpass China for first time since 2015 August 26, 2020 Sales of European passenger electric vehicles in the first half of 2020 exceeded those in China for the first time in five years. According to a report from Bloomberg, around 380,000 electric vehicles were sold over the 16 main European markets in the first six months of the year. Meanwhile, in China, which is widely [...]
Boris Johnson calls for a ‘transparent investigation’ into Alexei Navalny poisoning August 26, 2020 Boris Johnson has called for a “transparent” investigation into the poisoning of Russian political activist and Vladimir Putin critic Alexei Navalny. The Prime Minister said the UK “stands in solidarity” with Navalny and that the country would “join international efforts to ensure justice is done”. Navalny, who is one of the Russian government’s most prominent [...]
Ex-Australian PM Tony Abbott to be given top UK trade role August 26, 2020 Former Australian Prime Minister Tony Abbott is set to be unveiled as Boris Johnson’s choice to lead the UK’s post-Brexit trade mission. Abbott has reportedly been appointed as joint president – along with trade secretary Liz Truss – to Britain’s Board of Trade and will be tasked with promoting the UK as a trade destination [...]
‘Devastating’ Hurricane Laura makes US oil producers halt production August 26, 2020 Oil prices fluctuated around five-month highs as Hurricane Laura bore down on the Gulf of Mexico, causing US producers to stop most of their offshore output. The hurricane and hopes over US-China trade talks added upward pressure. But worries over coronavirus cases and future demand caused prices to slip back slightly in morning trading. Brent [...]
Gambling, alcohol and tobacco brands target children in age-restricted ads August 26, 2020 Children have been targeted by almost 160 gambling, alcohol and tobacco adverts which break advertising rules, according to the regulator. The Advertising Standards Authority (ASA) said it had found 159 adverts on 34 websites and five Youtube accounts aimed at children. Companies placing age-restricted ads online are required, under the Advertising Code, to target their [...]
McDonald’s probes potential cover up by disgraced former chief exec August 26, 2020 McDonald’s is reportedly investigating whether its ousted British chief executive Steve Easterbrook covered up misconduct by other employees. The investigation is also probing allegations of wrongdoing within the fast food giant’s human resources department. Easterbrook was fired last November after it was revealed that he had been in a consensual relationship with a colleague that [...]
IG employees not required to return to the office until 2021 August 26, 2020 IG is the latest firm to say its employees will not be required to return to the office for the rest of the year. In a memo seen by City A.M., the online trading firm’s chief operating officer Jon Noble told UK employees that they can continue working from home until the end of 2020. [...]
Coronavirus travel hacks: How to navigate London while avoiding the crowds August 26, 2020 Want to travel around London but coronavirus giving you second thoughts about getting on a packed tube train? London Travel Watch, the official watchdog for London transport users, has published a series of travel hacks designed to make getting around London easier while avoiding the crowds. London Travel Watch director, Emma Gibson said: “Many people [...]
Tourism slump to cost UK £22bn with London worst-hit, says WTTC August 26, 2020 The UK economy could lose a “staggering” £22bn this year as the tourism industry is hit by a massive drop in international travel as a result of the coronavirus pandemic, a global tourism body has warned. The World Travel & Tourism Council (WTTC) also said that London’s position as a hub for business and leisure [...]
