Europe braces for winter of discontent as Germany moves one step closer to energy rationing June 23, 2022 Fears of supply shortages across Europe have escalated as Germany moved one step closer to energy rationing amid escalating tensions with the Kremlin.
BA workers join the industrial action wave by voting in favour of strike June 23, 2022 British Airways (BA) workers are set to join the wave of industrial action that is bringing the country to a standstill after members of the unions GMB and Unite have voted in favour of strike action. The unions announced the results this afternoon, with GMB’s national officer Nadine Houghton saying 95 per cent of those [...]
Stylish Stocks: Calvin and Tommy lead the way among best-performing fashion brands June 23, 2022 Even though people often associate the financial world with black suits, statistics, and little in the way of style, trading does have its fashionable side. Specifically, fashion stocks. From high-end brands such as Christian Dior and Ralph Lauren to high-street labels like Gap and Zara, retail shares are firmly on investors’ radar recently. Only yesterday, [...]
London business groups: TfL funding deal ‘vital’ to capital’s economy as Khan warns on ‘managed decline’ June 22, 2022 LONDON business groups, think-tanks and property firms have warned the capital’s transport network needs a long-term funding settlement from central government or risk ‘decades’ of damage. Transport for London’s (TfL) latest emergency bailout with the Department for Transport runs out Friday – risking what the network’s chiefs have described as “managed decline” of the service. [...]
US Fed chief Powell warns higher rates may tip economy into recession June 22, 2022 The chief of the US Federal Reserve has warned it may hike interest rates to a level that tips the economy into a recession. “It’s certainly a possibility” that a rapid tightening of monetary policy will force the US economy into reverse, Fed chair Jerome Powell said today in response to a grilling by American [...]
Once Government offices, 9 Millbank offers the chance to own history June 22, 2022 Listed off-market to target only those so wealthy that they shut down restaurants when they go for dinner and aren’t familiar with the concept of commercial jets, The Conrad, a sprawling Thameside property at 9 Millbank, is a chance to own history. The Millbank building a short walk from Parliament was once used as a [...]
Raab: Pensioners need double-digit increase in payments, but striking rail workers don’t June 22, 2022 Dominic Raab has defended the government’s decision to hand out an inflation-linked increase in state pensions next year, while it rallies against similar wage rises for striking rail workers. The justice secretary said old age pensioners were in a “different position” to rail workers, because they were “disproportionately affected by the increase in energy costs [...]
Rail misery deepens for millions of Brits as Britain locks down for second day June 22, 2022 Millions of Brits will again be hit by severe transport disruption across the country today by rail strikes as talks resume in a bid to resolve a bitter dispute over jobs, pay and conditions. Fewer than one in five trains ran yesterday after members of the Rail, Maritime and Transport union (RMT) on Network Rail [...]
Rail strikes expected to spill into Wednesday June 21, 2022 Following a day of extreme disruption caused by rail and tube strikes, passengers should brace themselves for travel chaos to spill into Wednesday. Around 60 per cent of train will run tomorrow due to a delay to the start of services as signallers and and control room staff are not doing overnight shifts. Londoners were [...]
UK locks down amid largest rail strike in 30 years – Millions face disruption – Retail footfall slumps June 21, 2022 Train and London tube passengers continue to face travel chaos due to the biggest strike by rail workers for a generation. Brits are urged to work and stay at home today, as road congestion is widely expected. Bolt crashed earlier this morning following a surge in both demand and prices, while the National Rail Enquiries [...]