Ryanair boss: EasyJet and WizzAir merger would be ‘sensible development’ September 22, 2021 Ryanair’s boss has doubled down on his point that rivals EasyJet and WizzAir will not survive as independent airlines without a merger. Chief executive Michael O’Leary said it would be a “sensible development,” for the airlines to merge in the future and there was industry-consensus there would be “more consolidation across Europe” post-Covid. “I’m not [...]
Biden dashes hopes of quick post-Brexit trade deal with UK during Johnson visit September 22, 2021 US President Joe Biden last night downplayed prospects of brokering a post-Brexit trade deal with Boris Johnson, as ministers resorted to considering downgrading their efforts to join an existing pact. Meeting the Prime Minister in the White House, the US President issued a fresh warning for the UK not to damage the peace process in [...]
UK courts charge a third man over salisbury Novichok poisoning September 21, 2021 British police have confirmed a third Russian man has been charged with the 2018 Novichok murder attempt on former double agent Sergei Skripal and his daughter Yulia. Detectives have accused Denis Sergeev, a senior military intelligence officer who worked under the alias Sergey Fedotov, of being part of the team who deployed a deadly nerve [...]
Small supplier Green eyes insolvency advisors as energy crisis bites September 21, 2021 Small energy supplier Green could be the next firm to go under amid rising costs as it is reportedly lining up insolvency advisors. It comes as the government decided against stepping in to help buoy struggling firms that are failing to keep up with surging prices for electricity and gas. Green’s collapse, which could happen [...]
DEBATE: Could nuclear prevent another energy crisis? September 21, 2021 Britain is in the throes of an energy crisis. There are myriad reasons from unusually low amounts of wind to sky-high gas prices. As we turn to net zero a familiar debate over the place for nuclear energy in our carbon-neutral arsenal. Eammon Ives of the Centre for Policy Studies says YES to nuclear The [...]
Gunpowder Milkshake – Karen Gillan’s action comedy is great fun September 20, 2021 While she may be better known as a supporting player in the Jumanji and Marvel franchises, Karen Gillan has offered some impressive lead performances on the big screen. She impressed as the director and star of 2018’s overlooked drama The Party’s Just Beginning, and in the David Dastmalchian-written All Creatures Here Below. This week, she [...]
Markets: FTSE 100 slumps to near three-month low September 20, 2021 The FTSE 100 index dipped 0.86 per cent today, closing at 6,904, as financial stocks and mining companies were hammered. The capital’s premiere index fell to lows of 6,828, down 1.6 per cent compared to the previous close, as concerns about inflation spooked investors. Financial stocks led the declines with Prudential down 8.4 per cent [...]
Energy sector braces itself for wave of supplier bankruptcies as crisis grows September 20, 2021 The Government wants energy firms to “stay afloat organically”, as the growing energy crisis led to company bosses saying the outlook was “looking bleak”. Four firms have already folded and there are fears that more could follow. With wholesale prices for gas surging by 250 per cent since January, with a 70 per cent rise [...]
Xi Jinping yet to confirm Cop26 attendance, says Sharma September 19, 2021 Chinese premier Xi Jinping has not yet confirmed that he will attend the United Nations Cop26 climate change summit in Glasgow this year, Alok Sharma has said. Sharma, the Cop26 president, held two days of talks earlier this year in China in an attempt to cajole the country’s leadership to commit to the landmark summit. [...]
Former chancellor Hammond’s PE firm eyeing government contractor Amey September 19, 2021 Former chancellor Philip Hammond’s private equity firm is scheming to buy one of the government’s largest private sector contractors for £300m. According to Sky News, Buckthorn, the private equity firm who employs Hammond as a partner, has moved to acquire Amey. Buckthorn has submitted a bid for Amey as part of an auction being organised [...]