One in five UK employers has hired a Ukrainian, report reveals June 26, 2023 Nineteen per cent of businesses surveyed by the Social Market Foundation (SMF) hired at least one Ukrainian national in 2022, a new report published today has shown. In the cross-party think tank’s survey of 2,000 HR managers – conducted by YouGov on behalf of the Chartered Institute of Personnel and Development – the SMF also [...]
Rishi Sunak: City of London will be ‘engine room’ of UK investment in rebuilding Ukraine June 21, 2023 Ukraine is set to receive £3bn in World Bank loan guarantees as Prime Minister Rishi Sunak confirmed the UK would continue to support the nation for “as long as it takes” in the fight against Russia. Sunak will also announce a major financial support package for the eastern European country as it mounts its long-awaited [...]
Croydon tram disaster driver cleared over fatal crash June 19, 2023 A driver has been cleared over the Croydon tram disaster in which seven passengers were killed and 21 others were seriously injured. Alfred Dorris, 49, appeared visibly shaken when a jury at the Old Bailey acquitted him of failing to take “reasonable care” of the health and safety of himself and his 69 passengers on [...]
Edinburgh Woollen Mill Group still owes £167m to unsecured creditors following collapse June 14, 2023 Philip Day’s Edinburgh Woollen Mill Group empire is understood to still owe money to unsecured creditors following its collapse almost three years ago. The cluster of retail assets, which included Jaeger, Peacocks, Bonmarché, and Edinburgh Woollen Mill, fell into administration in 2020 after sales declined during the pandemic. However, administrator reports for the brands now [...]
Wall Street rises on hopes the Fed may take it easier on rate hikes June 2, 2023 Wall Street rose on Thursday with hopes that the Federal Reserve may soon take it easier on its hikes to interest rates. The S&P 500 rallied 1 per cent after a suite of reports painted a picture of a split US economy. The job market remains solid, but manufacturing is weakening and retailers are seeing [...]
Oil prices stabilises after US debt ceiling vote as OPEC+ meeting looms June 1, 2023 Oil prices have stabilised today after the passing of a key vote on the US debt ceiling revived expectations of demand growth.
BT share price tumbles as firm announces tens of thousands job cuts May 18, 2023 BT has announced plans to slash its workforce by as much as 42 per cent over the next seven years in a bid to slash costs and become a “leaner business”.
Passengers ‘flung around’ as Croydon tram hit curve at triple the speed limit, court hears May 17, 2023 Passengers in the Croydon tram disaster were “flung around” as if in a washing machine after their driver attempted a curve at more than three times the speed limit, a court has heard. Alfred Dorris, 49, is on trial at the Old Bailey over the derailment at Sandilands in south London on November 9 2016 [...]
Former prime ministers gather for King’s coronation May 6, 2023 Seven former prime ministers gathered to attend the coronation, including Liz Truss, whose brief tenure in No 10 included the late Queen’s death and the King’s accession. Ms Truss followed her predecessors Boris Johnson, Theresa May, David Cameron, Gordon Brown, Sir Tony Blair and Sir John Major into Westminster Abbey for the coronation. The UK [...]
We have to speak out, so we can build up April 27, 2023 In his debut column for Crypto AM, Philip Vasquez - co-founder of Damex.io - introduces The Damlex Journals - an honest view of digital assets.