Labour claims victory in Blackpool South by-election in bruising night for Tories May 3, 2024 Tory deputy chair Angela Richardson told the BBC: “The result was not unexpected. I think, given the circumstances that caused the by-election in the first place, it was always going to be difficult for the Conservatives.”
Coronavirus close-up: Long Covid changes some patients’ lungs forever January 29, 2022 Many long Covid patients who have breathlessness experience abnormalities in the lungs of long which cannot be detected with routine tests. In fact, there is significantly impaired gas transfer from the lungs to the bloodstream in the long Covid patients despite other tests – including CT scans – coming back as normal, according to a [...]
BBC records highest global audience ever with 489m viewers a week November 24, 2021 The BBC has achieved the highest ever global audience, according to the Global Audience Measure (GAM) published today, which records the total weekly number of adults accessing the BBC around the world.
Aviation expects numbers to exceed pre-pandemic levels in 2024 March 1, 2022 The aviation industry expects traveller numbers to exceed pre-pandemic levels starting from 2024. According to a forecast by the International Air Transport Association (IATA), overall numbers will reach 4 billion in 2024, 103 per cent up on 2019 levels. Even though the impact of Omicron has caused a slight shift in near-term recovery predictions, the [...]
Stansted’s February recovery exceeds November’s but remains behind pre-Covid levels March 11, 2022 Stansted’s owner MAG Airports has reported the airport’s recovery levels in February have surpassed those registered in November. The group said that after the UK Government removed all travel restrictions under the ‘Living with Covid’ plan, passenger numbers reached 1.15m, a 3190.9 per cent surge compared with the same period last year. Levels, though, remained [...]
ECB fires second successive jumbo rate hike in push to end Europe’s cheap money addiction October 27, 2022 The European Central Bank (ECB) today fired its second jumbo rate hike in a row in another sign that it is putting years of ultra-cheap money to the sword. The central bank that oversees the financial system of the 19 countries using the euro lifted borrowing costs 75 basis points to 1.5 per cent as [...]
Tesla posts record profits as Elon Musk stands to gain $23bn windfall April 21, 2022 Tesla has seemingly won the hearts of drivers looking to go green, as rising prices has stopped short of putting off consumers from making the leap. Elon Musk’s electric vehicle (EV) company enjoyed record profits of $3.3bn (£2.5bn) in the first thee months of the year, despite inflationary headwinds. In its first quarter update published [...]
Antofagasta swallows $2.2bn in spiralling Chilean project costs as inflation bites April 21, 2022 Antofagasta is betting on copper, gold and steel-essential metal molybdenum this year, as the mining giant swallows spiralling costs of its latest Chilean project. A review of the Los Pelambres expansion project, which is now more than 70 per cent complete, has spiralled from $1.7bn (£1.3bn) to $2.2bn (£1.6bn), as the miner shoulders Covid-19 costs [...]
Scorching inflation raises fears of Christmas spending slump November 8, 2022 Scorching inflation hobbling Brits’ finances has triggered a spending squeeze that could bleed into Christmas, research out today reveals. Surveys out from Barclaycard and the British Retail Consortium (BRC) show retail sales volumes likely fell in October. While the organisations measured a jump in consumer spending of 3.5 per cent and 1.6 per cent respectively, [...]
Working out well: Third Space eyes suburban locations for expansion pipeline September 14, 2022 Luxury health club brand Third Space is eyeing more locations in suburban areas, as opposed to in office hotspots, its CEO has told City A.M. Third Space offers members “a combination of expertise and luxury” and caters to “fitness savvy enthusiasts” as opposed to “first timers”, with members who “like the finer things in life,” [...]