Government must outline support for businesses, urges leading energy supplier December 20, 2022 One of the UK’s leading energy suppliers has criticised the delay in outlining future support for businesses beyond next spring.
London businesses lament dismal start to 2023 after another rail strike set for January December 20, 2022 Hospitality leaders have reiterated calls for rail firms and unions to hash out an eleventh-hour resolution to swerve January strikes, after train drivers announced another walk-out. Train drivers at 15 companies in the union Aslef have agreed to strike on 5 January, as part of a long-standing pay dispute. The walkout will take place on [...]
Shop ’till you drop: Christmas spending up despite rampant inflation December 20, 2022 Shopping habits die hard as Brits continue to spend across the board in the run-up to Christmas and the holiday season despite historic levels of inflation raising prices. Spending on essentials is up by an average of 43.5 per cent compared to the same time last year, with non-essential expenditure also rising by an average [...]
Stansted readies for busiest Christmas in three years with 1.2m passengers expected December 20, 2022 Stansted airport is getting ready for its busiest Christmas in three years with 1.2 million passengers expected to pass through its gates during the festive period. Airport figures published today show that around 650,000 people will depart from the north London airport between 16 December and 3 January, with 550,000 expected arrivals. According to forecasts, [...]
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 [...]
London City Airport – Looking to the Future in 2023 December 20, 2022 Message from Robert Sinclair CEO, London City Airport I wanted to start with a thank you to all the City AM readers that have flown through London City in 2022. There was a short spell, if you can remember it, at the start of the year when the prospect of travelling even across London, never [...]
More strikes in the new year as train drivers to walk out on 5 January December 20, 2022 Britain will need to brace for extra disruption in the new year as train drivers at 15 companies have announced they will strike on 5 January. Members of the union Aslef will down tools as part of a long-standing dispute over salaries, impacting services at the likes of Avanti West Coast, Govia Thameslink and London [...]
Second strike: Nurses walk out again as five key London hospitals decimated December 20, 2022 Nurses in Britain will go on their second day of industrial action in the space of a week with five London hospitals to be the centre of the strikes. The hospitals to be affected include Great Ormond Street Children’s Hospital, Guys and St. Thomas’ and Imperial College Healthcare, Royal Marsden and NHS North Central London. [...]
FTSE 100’s winners and losers in 2022 December 19, 2022 The Christmas lull is setting in. Investors are bracing to turn off their screens and get away from the daily City grind. Trading volumes on the FTSE 100 are thinning. It’s also that time of year when financial journalists pick through the UK’s worst (and best) performing stocks over the past 12 months. Without further [...]
Network Rail slams RMT for ‘needless’ Christmas strikes December 19, 2022 Network Rail’s chief executive Andrew Haines has accused the union RMT of “causing needless misery” to its members and the UK wider economy as workers strike during Christmas. RMT members working at Network Rail will down tools from 6pm on Christmas Eve to 6am on 27 after rejecting a nine per cent offer. “RMT suggestions [...]