Putin ‘running out of missiles’ amid claims quarter of Russian Army now lost: Kremlin loses momentum in Donbas May 6, 2022 Vladimir Putin could be running out of missiles and armaments because of how much his forces have had to fire during the Ukraine war so far, according to the head of Britain’s Armed Forces. The Chief of Defence Staff, Admiral Sir Tony Radakin, said Russia has now lost 25 per cent of all its forces [...]
The 2022 Queen’s Awards Winner May 6, 2022 | Sponsored 232 businesses representing every part of the United Kingdom and a range of sectors have been recognised by Her Majesty The Queen as among the best in the country. Awards have been won in the categories of International Trade (141 winners), Innovation (51), Sustainable Development (31) and Promoting Opportunity (9). Small Business Minister Paul Scully [...]
Local election bloodbath: Furious Tories turn on Boris Johnson as Labour’s victory train rolls into Westminster, Wandsworth and Barnet May 6, 2022 The Conservative Party has lost all major London authorities to Labour and suffered setbacks across England as Boris Johnson faces a backlash from local Tory leaders. Labour has taken control of Westminster City Council in London for the first time since its creation in 1964. The Conservative Party has also lost control in Wandsworth, considered [...]
Nibbling away at making us snack more healthily May 6, 2022 | Sponsored The most successful businesses, sports teams and organisations always try to improve from a position of strength. That’s the case with unique small business Healthy Nibbles, the UK’s first healthy snacks vending company founded by Sara Roberts in Edinburgh in 2013 which began trading two years later. Healthy Nibbles has had a meteoric rise, BCorp [...]
Connecting communities and keeping the customer satisfied May 6, 2022 | Sponsored When it comes to keeping the customer satisfied, Retail FSL has got it down to a tee. Afterall in part it owes its very existence to customer encouragement. The company’s founder Andrew Martin left the demanding world of corporate life where he’d had senior roles, including leading G4S operations in UK and Ireland, for a [...]
What a difference a day makes: Markets go into full reversal mode as recession concerns grow May 6, 2022 What a difference a day makes? Having rallied strongly in the aftermath of the Federal Reserve’s decision to hike rates by 50bps on Wednesday evening, and not go harder, US stock markets went into full reversal mode yesterday, dragging European markets down with them. Bond yields also shot back up, with the US 10 year [...]
Thanks, Bank of England: Households will pay £858m more in interest after yesterday’s rate rise May 6, 2022 With the Bank of England Monetary Policy Committee confirming yesterday that its base rate will rise by 0.25 per cent to 1 per cent, UK households face an immediate increase in interest payments of around £858m. Analysis of Bank of England data shows UK households are currently paying £18.3bn annually in interest payments on floating rate [...]
FTSE 100 shakes off Bank of England glum forecasts on weaker pound May 5, 2022 London’s top index today shook off a fourth rate rise in a row for the first time since the Bank of England was given control of monetary policy. The capital’s FTSE 100 added 0.13 per cent to reach 7,503.27 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of [...]
UK hurtling toward recession on double-digit cost of living squeeze, Bank of England warns May 5, 2022 The UK is hurtling towards a recession sparked by households being gripped by the tightest cost of living squeeze since the early 1980s, revealed fresh forecasts by the Bank of England today. The economy will struggle to eke any growth for most of next year, dragging the UK into a 0.25 per cent contraction in [...]
Verdict: Bank of England to keep hiking rates to chase historic inflation spike May 5, 2022 The Bank of England will keep hiking interest rates this year in a bid to chase down the highest inflation crunch since the early 1980s. That’s according to City economists, business groups and think tanks who took today’s decision to lift borrowing costs to their highest level since 2009 as a sign of things to [...]
