If Ben Wallace takes the helm of NATO it could be a boost for Global Britain June 12, 2023 If Ben Wallace becomes the head of NATO, he’ll leave a big hole to fill at the Ministry of Defence. But it would be good for the UK’s international standing, writes Eliot Wilson
Three injured as drone crashesd into Russian building – while Ukraine recovers from flood damage from dam destruction June 9, 2023 Three people have been injured after a drone crashed into a residential building in a city in south-western Russia near the border with Ukraine, the regional governor said. The latest drone attack to target Russian cities in recent weeks comes as Ukraine has been intensifying its efforts to expel Russian forces from a vast swathe [...]
Sunak and Biden announce UK-US partnership on AI, minerals and Ukraine June 9, 2023 Joe Biden and Rishi Sunak announced their countries would partner on AI, clean energy and critical minerals.
London’s workspace occupancy ‘higher than before the pandemic’, says Argyll boss June 8, 2023 The boss of London’s oldest office provider Argyll has said he has seen “unprecedented” levels of office occupancy in the last six months, defying concerns that Covid-19 had permanently pushed Londoners toward homeworking. Speaking to City A.M. Argyll chief executive John Drover said that rates of occupancy had reached 90 per cent, with the firm [...]
FirstGroup beats profit forecasts on the back of strong demand June 8, 2023 FirstGroup saw group adjusted profit more than double this morning to £82.1m in its full year results, ahead of expectations, as increased passenger demand helped the train operator resist the impacts of industrial action. FirstGroup, who ran Transpennine Express, said its adjusted operating profit for the year ending in March came in at £161m, up [...]
Jet fuel costs keep Wizz Air loss making – but optimism for the year ahead June 8, 2023 Wizz Air saw its operating losses remain flat at €466.8m (£401.6m) in its full year results this morning, as last year’s soaring jet fuel costs pummelled the budget carrier. Total net losses were at €535.1m (£460.4m). Despite this, Wizz Air was confident about swinging to a profit later in the year, and saw a record [...]
Link chief John Howells on bank branch closures, payments and the battle for cash June 8, 2023 Link's chief John Howells says the nation can't "abandon" its cash users.
Cyber hack: BBC, BA and Boots given dark web ultimatum by Russian crime gang June 7, 2023 A cybercrime gang, thought to be Russian, has threatened some of Britain's employers with the release of employees' personal data
CBI: Rishi Sunak refuses to say business body will be back in the room June 7, 2023 The Confederation of British Industry survived a confidence vote on its future yesterday, after members voted in favour of the scandal-hit lobbying organisation’s transformation plan. However, overnight the Prime Minister Rishi Sunak suggested that may not be enough for the body to be invited back into key meetings on business policy with the government. Matters [...]
UK and European firms top gloomy profit predictions to start the year – but a crunch could be coming June 6, 2023 UK and European firms shrugged off recession fears and posted fatter profit margins than investors feared in the first three months of the year, analysts at investment giant Blackrock said today.