‘Summer of discontent’ looms as THIRD rail union threatens to strike and plunge country into travel mayhem June 10, 2022 The country has been plunged into further travel mayhem with rail drivers union TSSA set to join the train alongside RMT and Aslef. The organisation served notice to ballot hundreds of staff for strike action at Avanti West Coast, over pay, conditions and job security. Transport and Salaried Staffs’ Association (TSSA) General Secretary Manuel Cortes [...]
Leicester legend Moody backs former club to win East Midlands semi-final June 9, 2022 Premiership rugby semi-finals come around twice a year, but an East Midlands knockout match comes around far fewer than that. The last time Leicester Tigers and Northampton Saints faced off in an end-of-season top-four clash nearly a decade ago, it was the Black, Green and Golds who came out on top. But tomorrow, in the [...]
UK competition watchdog launches antitrust probe into BT’s Warner Bros Discovery tie-up June 1, 2022 UK competition watchdog has launched an investigation into BT's 50:50 joint venture with US media giant Warner Bros Discovery.
BT and Ericsson join forces for multi-million pound 5G push May 31, 2022 BT and Ericsson today announced a multi-million-pound new joint partnership to provide commercial 5G Private Networks for the UK market – the first agreement of its kind in the country.
The City View: Victoria Scholar on Sunak’s windfall tax and Cowgill exit May 26, 2022 Today Andy Silvester talks to Victoria Scholar, Head of Investment at Interactive Investor. They go through Rishi Sunak’s unveiling of a windfall tax today, the Fed’s plans to hike rates by 50 basis points in June and July, Elon Musk’s painfully slow acquisition of Twitter, and JD Sports founder and CEO Peter Cowgill’s shock departure [...]
UK to review Altice’s 18 per cent stake in BT on national security grounds May 26, 2022 The government will launch a national security review into Altice’s 18 per cent stake in BT, business secretary Kwasi Kwarteng announced today. Kwarteng has used new powers as a part of the National Security Act to examine the French telecommunications group’s stake in BT amid speculation that Altice’s chair Patrick Dahi wants to make a [...]
UK dividends slump to $14.7bn in first quarter after slowdown in special payouts May 24, 2022 UK dividends slumped in the first quarter of the year after a slowdown in frothy one-off payouts that caused an $18.8bn spike between January and March last year.
BT heads for top-line growth thanks to impending price rises May 20, 2022 Berenberg has estimated that BT will return to top-line growth thanks to inflation-induced price rises.
Exclusive: FTSE100 companies grossly overestimate their performance on diversity, equity and inclusion May 17, 2022 Nearly two years on from the BLM protests, companies of all sizes are failing to enact the cultural and operational changes that they promised at the time. An audit of the FTSE100 by agility firm Agility in Mind found that despite almost all (99 per cent) having an inclusive mission statement, less than half (48 [...]
Top pension funds throw weight behind emerging market net zero transition May 12, 2022 A group of the UK’s top pension funds have thrown their weight behind driving the net zero transition in emerging markets today, as pressure grows on pension scheme to decarbonise their investment portfolio.