Bank of England spent £50,000 on logo and website re-design April 6, 2022 The Bank of England’s (BoE) recent logo and website re-design cost £50,000, a freedom of information request has revealed. The nearly 330-year-old institution, which is funded by banks – not the taxpayer – made a bid to change its image last month, to better reflect the makeup of the country, but it came at a [...]
Camden building becomes first ‘net zero carbon’ residential home in the UK April 6, 2022 Camden is home to the first ‘net zero carbon’ residential house in the country, marking a watershed moment in the drive for cleaner energy. Max Fordham House uses a mixture of saving measures, including insulation and renewable energy, to achieve net zero. The building, designed for and lived in by designer Max Fordham, was validated [...]
Roman Abramovich denies ‘false’ claims he asked US friends for millions in loans April 6, 2022 Sanctioned Oligarch Roman Abramovich has categorically denied he asked American friends for millions in loans to ensure he can pay staff on his payroll. The Chelsea owner and alleged confidante of Russian president Vladimir Putin, exclusively told CityAM claims published originally by Page 6 were “false.” A spokesperson for Roman Abramovich said he “has [...]
Hail a flight! Uber set to include air travel and Eurostar as ‘superapp’ bid revamped April 6, 2022 Planes and trains are set to be added to Uber’s app, as it looks to fully integrate inter-city and even international travel. The hail-a-ride cab company announced plans to move beyond localised convenience, and expand into coaches, air travel and trains this summer. It will also look to include a travel booking system, offering car [...]
Roman Abramovich is ‘asking all his friends in the US to let him borrow $1m’ April 6, 2022 Sanctioned Oligarch Roman Abramovich has been asking for millions in loans to ensure he can pay staff on his payroll. The Chelsea owner has been asking friends in Hollywood and Wall Street to give him cash, in order to ensure his existing projects, including the building of his new Tel Aviv mansion, can continue. This [...]
Former P&O official seeking damages of up to £76m for unfair dismissal as Easter travel chaos looms April 6, 2022 A former senior boss at P&O Ferries is seeking up to £76m in compensation over claims of unfair dismissal, including racial discrimination, as the company tells thousands to stay away from Dover over Easter. Travel chaos is set to ensue over Easter weekend, after P&O Ferries warned customers its vessels are still moored and tickets [...]
Battery giant Gresham House Energy Storage Fund records soaring revenue of 170 per cent April 6, 2022 Battery storage giant Gresham House Energy Storage has recorded soaring revenue of 170 per cent for 2021, with £80.4m of profit. Publishing its third annual set of results since listing on the London Stock Exchange, it announced EBITDA (earnings before interest, taxes, depreciation, and amortiSation) of more than £42m, up 172 per cent. This comes [...]
Manchester airport director quits after passengers miss flights due to long queue chaos April 5, 2022 Manchester Airport’s director has quit her role after eight years, following mounting criticism over chaos with queuing. Karen Smart left on Tuesday after Greater Manchester mayor Andy Burnham said emergency services could be drafted in to deal with the mayhem. Long queues developed over the past month due to lengthy security checks, which led to [...]
Nuclear fusion: World-first reaction achieved by Oxford-based start-up April 5, 2022 The crown jewel of energy production, nuclear fusion using a projectile, may have been cracked in a major scientific breakthrough by a start-up in Oxford. First Light Fusion (FLF) was praised by business and energy secretary, Kwasi Kwarteng, after it announced it had achieved the reaction in its Kidlington laboratory. The experiment fused two atoms [...]
Dorries urges broadband firms to publicise social tariffs, as 84 per cent on benefits unaware they exist April 5, 2022 Nadine Dorries has written to key internet providers urging them to raise awareness of discounted broadband offers for those on universal credit and benefits. She urged firms included BT and Virgin Media to publicise schemes because they have ‘low uptake’, with 84 per cent of those on benefits reportedly unaware they exist. Discounted social tariff [...]
