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BP's new boss trims leadership team amid shake-up
via express.co.ukThe group is reducing its executive director leadership team to 10 from 11 after a move to axe the regions, corporates and solutions division. -
Sir Tony O’Reilly obituary
via theguardian.comIrish rugby international who went on to become one of his country’s most charismatic businessmenAs Ireland’s best known and most flamboyant businessman, Sir Tony O’Reilly, who has died aged 88, was instrumental in changing the image of his country from that of a commercial backwater into one of a booming “Celtic Tiger” economy. Never notably self-effacing, he once said: “The Irish in many countries concealed their identities. I got the Irish to be rather prou -
Ships in some UK port cities create more air pollution than cars
via theguardian.comMilford Haven, Southampton and Immingham top the list for emissions of gases and particulatesShips calling at the UK’s most-polluted ports produce more nitrogen oxides than all the cars registered in the same cities or regions, analysis has shown.A report from Transport & Environment (T&E) said that ships were continuing to discharge huge quantities of air pollutants at ports, with Milford Haven, Southampton and Immingham topping the list for emissions of harmful sulphur oxides and -
Hundreds of Virgin Atlantic cabin crew sue for unfair dismissal
via theguardian.comTribunal in London will hear claims Richard Branson’s airline used Covid redundancies to target older staffHundreds of long-serving Virgin Atlantic cabin crew are suing the airline for unfair dismissal, claiming that the airline used Covid redundancies to target older staff.An employment tribunal in London will start examining more than 200 cases next month, at which former crew will argue that Sir Richard Branson’s airline unfairly made them redundant while retaining cheaper new hir -
Tata agrees Port Talbot deal with National Grid despite union criticism
via theguardian.comNew furnaces will be powered by electricity from 2027 but up to 2,800 workers will be made redundantTata Steel has reached a deal with the UK’s electricity grid to start supplying the energy for new furnaces in south Wales from 2027, as the company moves ahead with its plan despite union opposition.The agreement with the National Grid’s electricity supply operator (ESO), the company that controls how energy is moved around Great Britain, will provide hundreds of megawatts of power to -
UK rail faces fight to stay on track as climate crisis erodes routes
via theguardian.comBritain’s railways are spending billions on bolstering the tracks against geological movements caused by extreme weather. But technology and new infrastructure will not save every serviceUnder the chalk cliffs east of Folkestone sits the Warren, a coastal wilderness largely owned by the railway, hosting a nature trail for walkers, as well as the Victorian rail line that runs on to Dover.It is also, problematically for Network Rail, an active landslide. “Our monitoring here,” sa -
America’s approach to China’s rapid growth has lessons for us all | Larry Elliott
via theguardian.comProtectionism in the form of tariffs is justified but the focus will be on whether Beijing retaliatesThe global economy is fragmenting and a new era of protectionism has dawned. Dreams by free marketeers of a frictionless world in which goods and services moved seamlessly from country to country are dead.That was the clear message from Joe Biden’s decision last week to target China with a range of new, much higher tariffs on electric vehicles and a range of other products crucial to sector -
How to buy secondhand clothes you’ll love online
via theguardian.comHave a bidding strategy and a targeted approach … and train the algorithmsBe specific in searches. “If you enter ‘green dress’ into the search box on eBay, it will bring back thousands of results, so use the filter,” says Becky Barnes, a sustainable stylist from Bristol, who has been buying exclusively pre-owned clothes since 2017. “You can usually select brand, fabric, length, size – the filtering is more sophisticated than on Vinted.” There are -
Viagogo ‘mistakenly’ listed resale of England football match tickets
via theguardian.comWebsite blames human error for the advert, now removed, for about 100 seats when practice is illegal in UKThe ticket trading website Viagogo has apologised for “mistakenly” advertising tickets to an upcoming England football match, despite the fact that the resale of football tickets is illegal in the UK.Cris Miller, the managing director of Viagogo,has previously said the company does not resell football tickets. But Viagogo was advertising about 100 seats at Wembley for England&rsq -
Verjus, top pesto, umeboshi: are restaurant menus becoming more baffling?
via theguardian.comWhether the descriptions are long and verbose, or short and opaque, there’s a fair chance you’ve suffered from ‘menu overwhelm’. What lies behind the changing language?You will have seen the advert on TV. The scene: a fancy restaurant dining room where a panicked young man scans a menu full of baffling words – melange, deconstructed, micro agretti – while all the time being scrutinised by his girlfriend’s hard-to-impress parents and a comically imperious -
Why it can pay to delay when you start drawing your UK state pension
via theguardian.comFor every nine weeks you delay your pension goes up by about 1%, but for some it could end up costing them moreUK state pensions: are older retirees getting a bad deal?You can boost your weekly state pension by delaying when you start to draw it. For some people this will represent a very good deal – but it all depends on how long you live for once you start receiving it.We each have a date from which we can claim our state pension. Once we do, we can receive a weekly sum based on our nati -
We’ve got the talent and the tech. So why can’t Britain grow its own world-beaters? | Will Hutton
via theguardian.comCompanies are deserting the FTSE because of a shortage of investment – but there is a solutionBritain had it in its power to be a genuine hi-tech superpower. Instead, the opportunity slipped through our fingers, as we have been “tech-stripped” on a monumental scale. On one estimate, up to half the FTSE 100 could now be populated by vigorous British tech companies but those are all now foreign owned with one exception, Sage. The implications for our industrial, business, se -
Inflation in the UK is about to tumble. But how far – and for how long?
via theguardian.comThe chancellor will have good news to pass on this week. But he knows the cost of living crisis may not be over yetJeremy Hunt knows it. Rachel Reeves knows it too. The Office for National Statistics will come bearing good news on Wednesday when it releases the latest inflation figures. The only real question is just how good the news will be.In the year to March, annual inflation as measured by the consumer prices index stood at 3.2%. The figure for April will be a lot lower and if Hunt gets lu -
Sunday with Deborah Meaden: ‘The cats get me up about 9.30am by tapping my face’
via theguardian.comThe business guru talks about her family, her menagerie, vegan lunches and a day of contemplationUp early or lie-in? My husband, Paul, is up and out coaching for the local rugby team; I’m not an early riser. The cats get me up about 9.30am by tapping my face.First thing you do? I walk around the garden in bare feet. Then I’m on feeding duties. As well as the cats, we’ve got horses, sheep, rescue dogs, ducks and angry geese. I wander with my coffee and say good morning to them a -
Eurostar reverses wheelchair policy that left user stranded, after Observer campaign
via theguardian.comPassengers were left abandoned and humiliated after operator banned staff from providing assistanceEurostar has reversed a new accessibility policy that left a wheelchair user stranded and has retrained its London staff following pressure from the Observer.Travellers with disabilities claimed that they would be barred from Eurostar services after the company banned its London staff from pushing passenger wheelchairs. Those who require assistance were told they must travel with a companion or can -
We can easily end child poverty in the UK. Here are five things to know | Torsten Bell
via theguardian.comProgress can be made. We must not let stubbornly high rates turn us into fatalists• Archbishop urges Starmer to ditch ‘cruel’ benefit cap
• The Observer view: Labour must tackle this scourge
• Gordon Brown: People haven’t woken up to thisWhat is the case for tackling child poverty? Can we make a dent in it? How? These questions have not been at the centre of British politics for the past 14 years, and the extent to which they will return to it under a Labour -
The Observer view on child poverty: Labour must tackle this scourge as soon as possible | Observer editorial
via theguardian.comGrowing up in a poor household is one of the biggest barriers to opportunity, yet it affects millions of children• Gordon Brown on the UK’s child poverty scandal
• Torsten Bell: We can easily end child poverty
• Archbishop urges Starmer to ditch ‘cruel’ benefit capAlmost one in three British children now live in relative poverty. Former prime minister Gordon Brown last week referred to this generation as “austerity’s children”: children who have -
‘People haven’t woken up to the scale of this’: Gordon Brown on the UK’s child poverty scandal
via theguardian.comA quarter of Britain’s children live below the poverty line. Near his Fife home, the former PM shows how charities help families and says this issue must be a priority for any government• The Observer view: Labour must tackle this scourge
• Torsten Bell: We can end child poverty
• Archbishop urges Starmer to ditch ‘cruel’ benefit capOutside a warehouse squeezed between a waste recycling plant, an auto parts outlet and a scaffolding company in Lochgelly, Fife, a b -
Archbishop of Canterbury urges Starmer to ditch ‘cruel’ two-child benefit cap
via theguardian.comHead of Church of England Justin Welby tells Observer that ending policy would lift thousands of UK children out of povertyThe Observer view: Labour must tackle this scourgeGordon Brown: People haven’t woken up to thisTorsten Bell: We can easily end child povertyJustin Welby, the archbishop of Canterbury, has issued an impassioned plea to the government and Keir Starmer’s Labour party to scrap the two-child limit on benefit payments to families, branding it as a cruel and immoral pol -
The two-child benefit cap in the UK is unfair and doesn’t work | Martyn Snow, bishop of Leicester
via theguardian.comEnding this shortsighted and unfair policy would lift half a million children out of poverty immediatelyIn Leicester, where I live and work as bishop, two in five children now live in poverty. That’s 12 pupils in every classroom struggling to focus. Some haven’t eaten breakfast. Others are no doubt worried about arguments they have overheard at home about money, and how to afford next year’s school uniform. When I visit our local schools, I hear of teachers bringing in food for -
If Putin wins in Ukraine, the British economy will be in the firing line | Phillip Inman
via theguardian.comWe and the EU must show the Russian leader we mean business and seize $300bn of his country’s central bank fundsVladimir Putin is digging deep to win the war with Ukraine. And it could be only months before the tide turns in his favour. If he pummels Ukraine into submission, a military victory will quickly become a wider economic disaster, which is why we underestimate at our peril how much we need to focus on the war.The Russian leader, who was inaugurated for a fifth term as preside -
WASPI boost as demands backed by huge number of MPs
via express.co.ukIt comes after the Ombudsman recommended women receive an apology and payouts of between £1,000 and £2,950 -
£4 Dominos and £5 KFC: health fears as fast food lunch becomes ‘workplace appropriate’
via theguardian.comLow-price deals in UK mean consumers are eating less-nourishing food more frequently, say expertsOffice workers looking for a cheap, healthy lunch on the high street might struggle. With inflation pushing up prices, a sandwich, snack and drink at popular coffee chains can now cost upwards of £10, while even the average supermarket meal deal has risen by more than 21% in price since before the pandemic.But now fast-food chains have moved to fill the gap in the market. In March, KFC introduc -
‘Is this what people wear now?’ Sewing Bee host criticises M&S jumpers and socks
via theguardian.comPatrick Grant says rise of low-cost retailers means new clothes ‘haven’t got cheaper, they’ve just got worse’While filming The Great British Sewing Bee, the presenter and clothing entrepreneur Patrick Grant found himself in need of a pair of black socks.The production team bought a pair from the Marks & Spencer shop close to where the popular BBC show was being filmed. Grant said: “They went to everybody’s favourite high street store, that used to sell on -
The high cost of living has turned the UK into a 'nation of spenders'
via express.co.ukThe nation's battle with the cost of living has changed what households do with their money, with consumption being cut by more than the fall in incomes, the Resolution Foundation said. -
Number of individuals who are ‘personally insolvent’ up almost 10 percent
via express.co.ukThe cost of living squeeze and difficulties meeting debt repayments were the driving force behind the rise of 9.9 percent to 9,651. -
Renters under threat as three in ten landlords plan to sell up
via express.co.ukThree in ten landlords have indicated they intend to reduce the number of properties they offer or get out of the market entirely. -
Germany's sick man of Europe economy 'could pull the plug on the EU'
via express.co.ukCOMMENT: MoneyMagpie founder Jasmine Birtles says Germany's problems are self-inflicted. -
Fears of new Windrush as thousands of UK immigrants face ‘cliff edge’ visa change
via theguardian.comCampaigners say move to electronic permits by end of the year is a ‘recipe for disaster’ that could leave immigrants without proof of statusLawyers and migrant rights campaigners have warned that the government is heading for a repeat of the Windrush scandal after imposing a “cliff edge” deadline for immigrants to switch to new digital visas.By the end of this year an estimated 500,000 or more non-EU immigrants with leave to remain in the UK will need to replace their phy -
Savings alert on possible General Election impacts on your investments and money
via express.co.ukMoneyMagpie's experts assess the potential impacts of a General Election on your investments.
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