Lucozade targets tired office workers as new Alert energy drink hits the shelves January 31, 2022 Lucozade is focusing on products that will perk up tired workers, the beverage maker’s COO for Great Britain and Ireland told CityA.M. While the brand’s flagship Lucozade products have long been staples for sport fans and gym goers, a new product Lucozade alert is targeting those in need of a mental boost. During the pandemic, [...]
UK is lagging behind on crypto assets, says Philip Hammond January 31, 2022 The UK's former chancellor has warned Britain will lose its competitive advantage in financial services if it does not ramp up its crypto efforts.
Construction giant Midas confirms intentions to appoint administrator after tumultuous year January 31, 2022 Construction titan Midas has confirmed it is planning to appoint an administrator after the firm experienced financial woes in the past year. The Devon-based firm filed a £2m loss last year, marking its first deficit in 40 years of trading. Rival firms have reportedly approached Midas about a possible rescue deal, according to trade publication [...]
Warehouse investment hits record levels as e-commerce fuels boom in demand January 31, 2022 Investment into warehousing and logistics hit record levels in the UK last year fuelled by a boom in online retail brought on by the pandemic.
Johnson unveils ‘Brexit freedom’ bill to shed EU regulation January 31, 2022 The government is set to bring forward a new “Brexit Freedoms” bill, which aims to make it easier to shed EU regulations post-Brexit. Number 10 said tonight that the reforms will cut £1bn of red tape, with the proposed measures set to be published by the government later today. It added that the new bill [...]
‘Brexit has failed to deliver a single benefit while communities bear the brunt’, angry Scottish minister tells UK govt January 31, 2022 Scotland has not seen any benefits from Brexit, a minister has said ahead of a meeting with the UK Government. Scotland’s Rural Affairs Secretary Mairi Gougeon hit out at the UK leaving the EU two years on from the finalisation of a deal to leave the bloc. Ahead of a meeting of the inter-ministerial group [...]
Brexit: UK share of EU export and import trade tumbles further as cross-Channel trade declines January 31, 2022 The UK’s share of EU27 goods exports fell from 6.2 percent in 2019 to 5.2 percent last year, while its share of EU27 goods imports fell from 3.9 percent to 2.6 percent over the same period, according to new figures published in Germany today. The decline comes after Britain’s share of exports dropped from 7.1 [...]
Putting passengers first: Airlines to offer compensation if domestic flight is an hour late January 31, 2022 Airlines could be forced to offer passengers compensation if their domestic flight is an hour late, according to new UK ministers’ plans. Under the new plans, the UK Government will replace the current EU rules – which allow passengers to ask for compensation if flights are delayed by more than three hours – with a [...]
Johnson to meet tech bosses in push to make London more attractive for IPOs January 31, 2022 Boris Johnson will today meet with a group of tech bosses to discuss how to make the UK a more attractive destination for Initial Public Offerings (IPOs) post-Brexit. It comes as the government is set to shed or ease a series of EU regulations on financial services later this year in a bid to boost [...]
Wanted: A new culture war chair of the watchdog Ofcom. Anyone? Anyone? January 31, 2022 It’s been a busy time for news, as Russian forces mass on the border of neighbouring Ukraine and the British political establishment grapples with the mental image of being ambushed by a cake. So you may be forgiven for failing to notice that the government is once again advertising the position of chair of Ofcom, [...]