Zelensky: Russia cannot be trusted to hold up grain deal after ‘barbaric’ Odessa strike July 25, 2022 Ukraine’s president condemned Russia’s “barbarism” following a strike on Odessa, as he said the Kremlin cannot be trusted to observe a grain exportation deal. President Volodymyr Zelenskiy hit out after Saturday’s attack by Moscow, in wake of an agreement facilitated by Turkey for Kyiv to resume exports from Black Sea ports like Odessa. The deal [...]
Macro challenges, climate change and digitisation drive growth for tech firm SThree July 25, 2022 Macro-economic challenges, digitisation and the fight against climate change provided a major boost to science and tech firm SThree. The company reported a 64 per cent rise in profit before tax to £44.3m in the first half of 2022 compared 2021’s first half. SThree also made progress towards ESG targets with more than 16,540 people [...]
Aldi raises pay for 26,000 shop staff with Londoners to be paid £11.95 an hour July 25, 2022 Aldi has announced it is raising store assistant pay further, with Londoners to receive £11.95 minimum per hour from the autumn. The discount supermarket said this pay increase means it retains the crown of the country’s best-paying grocer, with store assistants outside the M25 to receive a base pay of £10.50 an hour. Some 26,000 [...]
EP: 148 Goodwood – Tuesday July 24, 2022 One of the racing highlights of the year is always the start of ‘Glorious Goodwood’ and on Tuesday we await another battle of the stayers as Stradivarius lines up once again for owner Bjorn Nielsen in the 2-mile Goodwood Cup. We hear from trainers John Gosden and Andrew Balding who both have runners in the [...]
Tory contender Rishi Sunak backs insulation over heat pumps as winter crisis looms July 24, 2022 Sunak has hinted that he will prioritise insulation for low-income households over new technologies such as heat pumps this winter.
EY calls in Rothschild to advise on break-up plans July 22, 2022 EY has drafted in Rothschild to advise on its $80bn break-up, City sources have suggested. As first reported by Mark Kleinman for Sky News, the British arm of the accountancy behemoth has brought in Rothschild to advise on the implications of a splitting its audit and consulting businesses. Sources have suggested that the move could [...]
Russia and Ukraine agree deal to resume grain exports July 22, 2022 Russia and Ukraine reached a deal today that will resume grain exports from Ukrainian Black Sea ports. The agreement will restore Ukraine’s global grain exports after the war blockaded exports and caused a stoppage, sending food prices surging around the world and causing a global crisis. “The agreement signed today by Ukraine, the Russian Federation [...]
Sunak vows to push forward with Channel 4 privatisation July 22, 2022 Rishi Sunak has vowed to push ahead with privatisation plans for Channel 4, killing hopes from C4 bosses and indie studios that a new leader could mean a new direction.
Investment behemoth Hilco Capital joins race to snap up Paperchase July 22, 2022 Former HMV-owner Hilco has joined the race to snap up Paperchase, according to City sources.
Russia accused of ‘stealing’ UK-bound steel worth £500m July 22, 2022 Russia was accused of “stealing and “looting” £500m worth of steel bound for customers in Europe, including in the UK, by the chief of Ukraine’s biggest steel company. Metinvest CEO Yuriy Ryzhenkov said the steel, some bound for the UK, was being stolen from plants and ports in Ukraine and transferred to Russia to be sold, [...]