Tag Archives: UK economy

There are already private ambulance services, and right now they are all expanding. One company, Met Medical, has been specifically offering its services during the strikes. A Guardian headline writer described that as “cashing in” on the strikes in outraged tones. The more moderate among us may view it simply …

For many of you it will be the last working day before the Christmas break. It could also be a working day disrupted by strike action. Thousands of union members are on strike today and tomorrow. As if that was not enough to bring you some festive gloom, chaos on …

Sam Bankman-Fried has issued a mea culpa in a letter apologising to FTX staff for the collapse of his crypt empire. It comes as US bankruptcy proceedings have revealed that tens of thousands of British traders have been left out of pocket by the implosion of the cryptocurrency exchange FTX. …

The RMT said that it would now enter into “intensive negotiations” to strike a deal with Network Rail. Staff at train operating companies have also cancelled strikes. Mr Lynch claimed victory and said that the RMT action this summer had “made rail employers see sense”. He added: “We have always …

The blue-chip FTSE 100 fell 0.9 per cent by 0712 GMT, while the midcap FTSE 250 index also dropped 0.9 per cent. — Reuters pic Tuesday, 24 May 2022 3:36 PM MYT NEW YORK, May 24 — UK’s FTSE 100 slipped yesterday as the global mood soured due to bleak …

London-listed betting stocks Flutter and Entain were soaring after Australia’s Crown Resorts accepted a £5billion takeover offer from private equity giant Blackstone.  Crown, as well as owning a number of prestige hotels, has a bunch of gaming assets. It owns Betfair Australasia, Chill Gaming and DGN Games along with a …

Royal Mail has admitted it is at a ‘crossroads’ and needs to urgently transform its operations if it is to survive and thrive in post-pandemic Britain. Parcel demand and profits have fallen at the group over the past year and boss Simon Thompson’s proclamation that ‘we have no time to …

Cost of a first class stamp increases by 10p to 95p TODAY and a second class stamp is up by 2p to 68p as Royal Mail seeks to cover higher delivery costs despite its annual profits quadrupling to £762m Price of first class stamp has risen to 95p and a …

It has more than 30 mutations, the most ever recorded and double the number found in the Delta variant. It could be more vaccine resistant and transmissible than any previous version, triggering an “exponential” rise in cases in South Africa and other countries that it spreads to. And its so-called …

The FTSE 100 extended losses for a third day and was set to end the week lower after gaining for three straight weeks, as a robust jobs report and data showing inflation at a 10-year high earlier this week heightened rate hike expectations. — Reuters pic LONDON, Nov 19 ― …