Royal Mail blames strike action for slumping to year loss of more than £1bn May 18, 2023 Royal Mail has blamed strike action for helping send it slumping to a full-year loss of more than £1 billion. The group’s owner, International Distributions Services (IDS), revealed Royal Mail swung to an operating loss of £1.04 billion for the year to March 26, against earnings of £250 million the previous year. On an underlying [...]
Analysis: A wind brewing over energy subsidies January 26, 2023 Windfall taxes, state aid rules, subsidies in the US. Comment and Features editor Sascha O’Sullivan looks at the brewing storm over incentives for climate firms in the UK – and holding onto the ones we have. Of all the arguments during Brexit, state aid was hardly the one to get the most airtime. But it’s [...]
European regulator injects hope into AstraZeneca’s bid to tackle cancer December 19, 2022 The European Medicines Agency has handed AstraZeneca a number of recommendations and one approval for a trio of cancer drugs the Big Pharma firm is looking to market in the continent. AstraZeneca’s cancer drug Enhertu has been given the green light by the European regulator for use among patients with gastric cancer. Around 136,000 cases [...]
RFU and Premiership Rugby close in on £264m funding deal April 29, 2024 The Rugby Football Union, RFU, and Premiership Rugby have finally agreed a new Premiership Game Partnership, worth £264m, which will shape the English game for the next eight years. It is understood that legal details are all that remain between now and the new deal being signed, with the Telegraph suggesting the central policy will [...]
Premier League edges closer to applying £500m spending cap April 29, 2024 Premier League clubs have taken another step closer to implementing a spending cap for the first time in the competition’s history. A majority of clubs on Monday voted in favour of progressing to the next stage of the proposal, which is likely to be voted on at the organisation’s AGM in June. Further details are [...]
US regulator accepts GSK’s application to expand treatment of cancer drug April 24, 2024 The treatment, Jemperli, will now be classed as being able to help all adult patients with primary advanced or recurrent endometrial cancer. It is used alongside chemotherapy.
Over 100 UK companies admit to breaching Russia sanctions November 6, 2023 Nearly 130 UK companies have admitted to breaching Russia-related sanctions, new data has revealed, raising the prospect of a wave of corporate penalties being issued by the UK's sanctions enforcement agency.
District, Bakerloo, Elizabeth lines and Overground to be disrupted by tomorrow’s rail strike July 26, 2022 London tube services are set to be impacted by tomorrow’s rail strike – the first of a three-day walk out called by the union RMT over job cuts and salaries. Transport for London (TfL) warned commuters to check before they travel as services on the District, Bakerloo, Elizabeth lines as well as the London Overground [...]
In Broken Britain, we can hardly afford to be smug about a riot-plagued Paris March 27, 2023 People in France are taking to the streets, while in the UK we just complain about train strikes. But although we behave differently as societies, we are in a similar position to France, writes Eliot Wilson
Rail staff announce ANOTHER two days of strike July 25, 2022 Members of the union TSSA working as station and operational staff at seven rail companies have called for another two days of strike. The industrial action will take place on 18 and 20 August and will impact services on Avanti West Coast, c2c, East Midlands Railway, CrossCountry, Great Western Railway, LNER, and Southeastern. Meanwhile, workers [...]