Train union boss threatens 10 or 20 years of strife: ‘We’ll keep taking action until someone listens’ July 3, 2023 The boss of the train drivers’ union has threatened further industrial action, ahead of another week of disruption on the railways – which is set to impact Wimbledon too. Rail passengers have been warned of disruption across six days between Monday and Saturday, as the Aslef Union, headed by Mick Whelan, initiates a nationwide ban [...]
‘Paper’ bottle maker backed by Diageo secures £20m in fresh funding round July 3, 2023 A sustainable packaging business backed by Diageo, is gearing up for a new funding round in efforts to deliver a commercial product line. Pulpex said it has secured financing from CMPC, a Chilean pulp and paper company, to enable the production and supply of over 2bn paper bottles to consumer brands worldwide by 2028. Sources [...]
Sainsbury’s results: Will efforts to keep prices low pay off? July 3, 2023 Investors will turn their focus to Sainsbury’s first quarter trading update on Tuesday to see how shoppers are reacting to the impact of food inflation amid the cost of living crisis. The supermarket is expected to post a jump in revenues driven by higher grocery sales over the quarter to June. Analysts at Shore and [...]
London life back on top as country homes drop in price July 3, 2023 Soaring interest rates have softened the prices of luxury homes outside of London, according to new data, in a signal that the ‘move to the country’ trend fuelled by the pandemic is showing signs of slowing. The average value of luxury homes across UK markets outside of London – broadly the top five per cent [...]
Sizing up Whitehall: a Labour reshuffle must focus on potential ministers July 3, 2023 In his next reshuffle, Keir Starmer must choose where to position his allies keeping in mind they might become his Cabinet if Labour wins the next elections, writes Eliot Wilson
Labour and Just Stop Oil donor says there’s “no kind of deal” on party policy July 2, 2023 Green energy industrialist Dale Vince has denied being “an eco-zealot” as he defended his £1.5m donations to Labour. Vince told Sky News he was not seeking to influence leader Sir Keir Starmer by giving cash to the party and that there was not “some kind of deal going on”. The Ecotricity owner accused the “right [...]
Green light for Purton to close gap on Moreira’s record June 30, 2023 IT IS guaranteed that the big-time local bettors will come out to play on Dream Winner in the Riding High Together Handicap (12.40pm) over five furlongs at Sha Tin on Saturday. The Frankie Lor-trained flying machine still hasn’t hit top gear yet, despite winning both his races in impressive fashion, and while he will be [...]
House price growth faces ‘significant drag’ from rate rises but London remains ‘buoyant’ June 30, 2023 House price growth may face “significant drag” from high interest rates as fresh figures show they remained relatively stable in June despite yearly growth being negative. The latest Nationwide House Price Index show house prices remained broadly flat in June, but down 2.5 per cent compared to last year, owing in part to 13 successive [...]
Mortgages: Number of people securing a home shot up weeks before BoE hiked rates June 29, 2023 Mortgage approvals continued to show signs of improvement in May, rising to 55,500 for the month as a whole up across the UK – up from 49,000 for the month of April, new data shows. The data provided by the Bank of England (Boe) is a fresh kick in the teeth for prospective buyers, who [...]
Ashes: Women’s Test follows men’s in breaking Sky Sports records June 29, 2023 The only Women’s Ashes Test of this year’s series set record-breaking broadcasting figures for Sky Sports just days after the opening Test of the men’s series did the same. The Test – the only one in the Women’s Ashes series, which is contested over all three international formats – saw a peak audience of 480,000 [...]