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  • TfL urges Londoners to stay home on Tuesday as thousands of workers set to walk out in Tube and rail strikes

    June 15, 2022

    Transport for London (TfL) has urged Londoners to avoid travelling on 21 June as thousands of workers are set to walk out in a separate tube and rail strike. TfL said it was expecting severe disruption across the Tube network following the planned strike called last week by the unions RMT and Unite. The industrial [...]

  • TEN campaigners arrested after daubing Treasury with red paint in fossil fuel protest

    June 14, 2022

    The front of HM Treasury’s building was daubed with red paint as 10 Just Stop Oil campaigners were arrested accused of crimes including criminal damage and causing a public nuisance. Environmental protestors were pictured on the grass in front of the building on Monday with red paint on the pavement, before police arrived to detain [...]

  • Theo Paphitis: Dragons’ Den star says the high street is going nowhere and neither is he

    June 14, 2022

    Theo Paphitis is not in any hurry to hang up his boots. After decades running the show at companies from lingerie to stationery firms, one might be mistaken for thinking the Dragons’ Den star, retail titan and former Millwall chairman may be mulling a change of pace.  However, Paphitis tells City A.M. he has “a [...]

  • ‘Shambles’ Home Office still keeping tens of thousands waiting for passports to be issued, says Yvette Cooper

    June 14, 2022

    Chaos surrounding the processing of passport applications is continuing with tens of thousands still reportedly waiting for one to be issued – putting their summer holidays at risk. Home office figures showed there were now under 3,300 civil servants working full time on the issue, down from almost 4,000 over the last couple of years. [...]

  • Coinbase boss hits out at ‘really dumb’ employee plan to oust executives

    June 12, 2022

    The boss of crypto exchange Coinbase has hit out at a group of renegade employees who called for top executives at the firm to be ousted, telling them to “quit and find a company they believe in”.

  • Wizz Air’s boss under fire following comments on staff reporting fatigue

    June 9, 2022

    Wizz Air’s boss Jozsef Varadi has come under fire after he made comments against pilots reporting symptoms of fatigue. In an internal video leaked yesterday, the chief executive was heard telling staff to “go the extra mile.” “We cannot run this business when every fifth person of a base reports sickness because that person is [...]

  • Fuller’s toasts return to profit amid ‘fragile’ consumer confidence

    June 9, 2022

    Pub chain Fuller’s is back in the black after posting an adjusted profit before tax of £7.2m, as the licensed trade recovers from the pandemic. In results for the year to 26 March, the pub operator saw profit back in growth after posting a £48.7m loss in 2021, when Covid lockdowns enforced the closure of [...]

  • Customer demand drives post-lockdown rebound for office giant Workspace

    June 8, 2022

    Workspace Group has revealed customer demand for its services has returned to pre-Covid levels, in a vote of confidence for City working.

  • Boris Johnson is an ‘arrogant liar who is mortally wounded’ despite surviving Tory vote, says Rayner

    June 7, 2022

    Prime minister Boris Johnson is an “arrogant, dismissive liar who is mortally wounded” after surviving last night’s Tory confidence vote, Labour’s deputy leader Angela Rayner said this morning. Speaking to Kay Burley on Sky News this a.m., Rayner said: “No I don’t want Boris Johnson to stay in post because as you know many of [...]

  • Binance hits back at claims it’s a ‘hub for hackers, fraudsters and drug traffickers’

    June 6, 2022

    Binance, the world’s largest cryptocurrency exchange, has brushed aside claims it is a “hub for hackers, fraudsters and drug traffickers,” after a Reuters investigation accused the Cayman Islands registered firm of serving as a “conduit for the laundering of at least $2.35bn in illicit funds”. In a blog post responding to Reuters’ article, the coin [...]

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