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 [...]
On airports to rail chaos, business just wants somebody to take responsibility June 21, 2022 Well, at least the weather’s looking alright. That’s about the best that can be said for the rest of the week, with rail strikes, flight cancellations and the strong possibility of further industrial action to come. Those who have been asked to work from home may well come back with a healthier tan next week. [...]
Train chaos: How will the rail and Tube strikes affect services across London and the UK today? June 21, 2022 Rail and Tube strikes are set to cripple services this week, causing travel chaos for passengers across the UK as members of the Rail, Maritime and Transport (RMT) union at Network Rail and 13 train operators are going on strike. Here is a quick rundown of what to expect today and this week. – When [...]
An online sales tax would be a small hassle for Amazon, but a hard blow for our shops June 21, 2022 The Treasury is considering whether to introduce an online sales tax (OST) as a “means to rebalance the taxation of the retail sector between online and in-store retail”. A decision is expected in autumn – probably as part of the Chancellor’s Budget. If the government has any sense, it will run a mile from taking [...]
Half-life crisis: Can Sizewell C revive the UK’s nuclear ambitions? June 20, 2022 The hovercraft, radar, Sutton Hoo treasure…Ed Sheeran - Suffolk has a colourful track record of innovation and discovery.
Centrica slams Ofgem after regulator hesitates over ringfencing June 20, 2022 Centrica boss Chris O'Shea has reignited calls for the ringfencing of consumer balances, and has urged Ofgem to speed up reforms.
Airlines blame ‘shambolic’ government Covid response for travel disruption June 20, 2022 The airline industry has blamed world governments’ “shambolic” response for the ongoing travel disruption. “The cost of government mismanagement was substantial. It devastated economies, disrupted supply chains and destroyed jobs,” Willie Walsh, director general of the International Air Transport Association (IATA), said today during an industry summit. According to Willie Walsh – former chief executive [...]
Bank of England drops mortgage market affordability test after less than a decade June 20, 2022 The Bank of England said this morning that its Financial Policy Committee will withdraw the so-called mortgage market affordability test. “Following its latest review of the mortgage market, the Financial Policy Committee has confirmed that it will withdraw its affordability test Recommendation,” the BoE said in a statement. This will come into effect from 1 [...]
A twin-city break in charming Andalucia is now easier than ever June 20, 2022 “There should be more therapy involving fish,” says Carmen, my guide at the Riofrío caviar farm in the sleepy village of the same name, halfway between Granada and Malaga. Carmen’s crouching down and gazing into one of a dozen ten-metre-long pools of water. Behind her the backdrop of the angular Loja Mountains is framed by [...]
Train strikes: Disruption set to cost hospitality £540m and have ‘catastrophic’ impact on night economy June 20, 2022 This week’s rail and tube strikes are set to cost the hospitality sector £540m, as the nighttime economy will suffer a “catastrophic impact”. Trade union action on the transport network this week will “set back the recovery of our high streets and deter people from going out in the evening”, leading to hundreds of million [...]