Barclays, NatWest and HSBC increasingly targeted by litigation funders in wave of class-action lawsuits January 9, 2023 The UK’s top banks are increasingly being targeted with class-action lawsuits as litigation funders back claims against some of Britain’s largest lenders in their pursuit of high returns. Banks listed on the FTSE 100 index are currently facing at least 109 class-action lawsuits in multiple countries around the world, according to analysis by law firm [...]
Rishi Sunak calls for ‘radical’ action as NHS on ‘knife-edge’ January 7, 2023 Rishi Sunak has urged health leaders at an emergency meeting to take “bold and radical” action to alleviate the winter crisis in the NHS. The Prime Minister told them during Downing Street talks on Saturday that a “business-as-usual mindset won’t fix the challenges we face”. Critics said the discussions would be just a “talking shop” [...]
The Apprentice is back tonight: Meet the candidates, from the cannon-firer to former Barclays banker January 5, 2023 The candidates for the next season of BBC show The Apprentice have been announced, with a former Barclays banker among those hoping to entice Lord Alan Sugar to invest £250,000 in their business idea. Now in its 17th season, the show, which sees contestants complete tasks in order to demonstrate their entrepreneurial prowess, has launched [...]
Transport secretary: Covid-positive China arrivals will not have to isolate January 3, 2023 Transport secretary Mark Harper has confirmed the UK will not require Covid-positive arrivals from China to quarantine despite mounting calls from the Health Security Agency to identify and test cases. The transport secretary told LBC today that travellers from China will not be forced to isolate and said the policy to test arrivals was put [...]
UK inks 10-year deal with Moderna to produce 250m vaccines in event of another pandemic December 23, 2022 The UK government has signed a 10-year deal with Moderna to produce upwards of 250m vaccines a year in the event of a pandemic. The investment will give NHS patients access to UK-made mRNA vaccines while a new innovation and technology centre will be created, with 150 highly skilled jobs. In a major boost for [...]
Ambulance workers to strike for two more days in January December 22, 2022 Ambulance workers are set strike for two more days in January, following on from yester day’s NHS picket line. Unision, one of UK’s largest service trade unions has announced an additional two days of industrial action. The strikes are being planned for the 11th and 23rd of January, 2023. This follows yesterday’s large scale NHS [...]
London’s unicorns: City’s tech start-ups are bringing in the big bucks December 21, 2022 London’s tech start-ups have had a turbulent 2022. But while some of the original tech players in the city have struggled with rising costs and depleting revenues, newer unicorns are making moves. Here are the five London start-ups that made their mark this year, and are to be watched out for in 2023. OakNorth Valued [...]
Ambulance workers strike TODAY as Health Sec says unions ‘inflicting harm on patients’ December 21, 2022 Ambulance workers across a number of unions are walking out today over pay and conditions, as health secretary Steve Barclay condemned the strike as “inflicting harm on patients”. The emergency workers in the Unison, Unite and GMB unions will down tools across the country, with the government calling in the Army to ensure the country doesn’t [...]
Strikes: Sunak says public sector pay process doesn’t need reform December 20, 2022 Rishi Sunak has thrown his backing behind the government’s independent pay review process for public sector workers, despite this month’s widespread strikes. The Prime Minister told MPs on a Westminster committee today that pay offers to striking NHS staff members were “fair” as Number 10 today said Sunak would not intervene to negotiate with unions. [...]
Relief for mortgage prisoners: Six banks to begin lending on flats with unsafe cladding December 20, 2022 A handful of the country’s biggest banks will consider mortgage applications for some flats with dangerous cladding from January, in a sigh of relief for people trapped in unsellable properties. Lenders withdrew mortgage provisions for unsafe flats following the Grenfell Tower disaster, when 72 people were killed in a fire at a high-rise block in [...]