Posts

Showing posts from April, 2022

Sri Lanka debt default has begun, says rating agency

Image
The country is scheduled to make $78m of interest payments on its international bonds on Monday. http://dlvr.it/SNYTDy

Streaming is driving a 'golden age' for Indian drama

Image
India's 30 streaming services want to reach 60 million households meaning a lot more work for actors. http://dlvr.it/SNXn6V

Inflation: Five things driving up prices at record rates

Image
Petrol, furniture, sunflower oil and milk are among the products increasing in price. http://dlvr.it/SNWYfF

Mini strike at Cowley could stop production, Unite says

Image
About 150 staff who could strike are "absolutely critical" to the Cowley factory, the union says. http://dlvr.it/SNVPrV

Shanghai lockdown: iPhone maker halts operations at China sites

Image
Taiwanese firm Pegatron is latest manufacturer to halt operations because of the Shanghai lockdown. http://dlvr.it/SNTvNC

My Job: 'I like breaking the prison officer stereotype'

Image
Mica has been working at HMP Portland in Dorset, which houses over 500 prisoners, for five years. http://dlvr.it/SNTvMR

Operation Brock: M20 traffic controls to stay until after Easter

Image
France-bound lorries will continue to be held on the M20 to "manage the flow of traffic". http://dlvr.it/SNTC8J

Extinction Rebellion: Lloyd's of London protest held by activists

Image
The activist group is demanding that Lloyd's of London stops insuring fossil fuel projects. http://dlvr.it/SNRS4K

Sri Lanka warns it will default on its foreign debt amid crisis

Image
The finance ministry said it otherwise had an "unblemished record" of paying its debts since independence. http://dlvr.it/SNQtd5

Pay growth fails to keep pace with cost of living

Image
Basic pay is "falling noticeably" when accounting for price rises, the Office for National Statistics says. http://dlvr.it/SNQNwr

Nepal limits imports as foreign currency reserves slide

Image
Nepal's finance minister said he was "surprised" the issue was being compared with Sri Lanka's crisis. http://dlvr.it/SNQNsB

Preferred sites for Darlington's 'Treasury North' revealed

Image
During a visit to Darlington, Rishi Sunak said Brunswick and Central Park were the two contenders. http://dlvr.it/SNPhFy

Priority for fresh goods at Dover not realistic, minister says

Image
Hauliers have warned fresh produce is losing quality and value due to long queues at the port. http://dlvr.it/SNMQgp

UK economic growth slows sharply in February

Image
A sharp fall in car and computer production weighed on the UK's economic expansion. http://dlvr.it/SNLx9X

Why is there an economic crisis in Sri Lanka?

Image
Sri Lanka's worst economic crisis in 70 years has prompted mass protests against the government. http://dlvr.it/SNLY5f

Energy giant Ineos asks to build fracking test site

Image
The firm has written to the government and says it can demonstrate fracking is safe and secure. http://dlvr.it/SNLGsZ

Rishi Sunak demands inquiry into Akshata Murty tax leak

Image
Akshata Murty will pay UK taxes on all her overseas income after a row over her non-domicile status. http://dlvr.it/SNJQ5n

'I don't want rising bills to mean kids miss out'

Image
Taxes and bills are rising, so how do small businesses - already hit by Covid - think they'll cope? http://dlvr.it/SNJQ3T

'Real embargo on Russian energy could end Ukraine war'

Image
President Putin's former chief economic advisor told the BBC that Western countries could stop the war. http://dlvr.it/SNJ8By

Hauliers fear ruin as produce halted by port delays

Image
Deliveries of perishable goods are losing quality and value amid congestion at the UK's busiest port. http://dlvr.it/SNHwWj

Scottish farmers warn of rising costs and food shortages

Image
The Scottish government calls for a summit of UK ministers to discuss the problems facing food producers. http://dlvr.it/SNHPmc

House price squeeze: 'I bid dozens of times but lost'

Image
Surging home prices have created a spiralling cost of living crisis in the US. http://dlvr.it/SNFB0n

1MDB scandal: Ex-Goldman Malaysia boss found guilty

Image
Roger Ng had fought the charges that he played a role in the massive 1MDB corruption scheme. http://dlvr.it/SNDmn0

Ukraine war causes giant leap in global food prices, says UN

Image
The UN says the conflict has spread shocks through markets for grains and vegetable oil. http://dlvr.it/SNClC6

Sainsbury's lifts pay after shareholder pressure

Image
The supermarket says all London staff will be paid the Real Living Wage, following calls from investors. http://dlvr.it/SNCB3Z

Are paper football programmes on their way out?

Image
As a number of clubs stop printing programmes some say their future is in doubt. http://dlvr.it/SNBhSr

Canada proposes foreign buyers home real estate ban

Image
Canada is facing some of the most severe housing affordability issues in the world. http://dlvr.it/SN9fvy

Energy strategy: Boris Johnson defends plan amid cost of living crisis

Image
Labour says the strategy is "too little, too late" to help people facing rising energy bills. http://dlvr.it/SN8mjZ

House price rise since first lockdown revealed

Image
Strong demand and a lack of homes on the market have pushed up property values, the Halifax says. http://dlvr.it/SN8Bjw

Oil giant Shell to take £3.8bn hit by leaving Russia

Image
The oil giant pledged to cut ties after it was criticised for buying Russian oil at a cheap price. http://dlvr.it/SN7bdj

China lockdowns: Tourism spending plunges over key holiday

Image
Tourism spending over the Qingming festival was more than 30% lower than the same time last year. http://dlvr.it/SN75hc

Energy strategy: UK plans new nuclear reactors to boost production

Image
The government wants to boost UK energy production and independence as household bills soar. http://dlvr.it/SN63JH

Ukraine war: Bucha deaths 'not far short of genocide' - PM

Image
It comes as the UK announces further sanctions against eight oligarchs and two more Russian banks. http://dlvr.it/SN58LJ

Farming labour shortage could mean price rises, MPs warn

Image
A report calls for a relaxation on requirements to speak English, and to expand seasonal worker visas. http://dlvr.it/SN4Z7r

Dune: The Indian behind VFX Oscar for sci-fi epic

Image
Namit Malhotra started his company from a garage in Mumbai. Now it's winning Academy Awards. http://dlvr.it/SN3VBz

Ukraine war: More than 60% of Putin's war chest frozen, Truss says

Image
The UK foreign secretary says sanctions on Russia must go further, after "appalling acts" in Ukraine. http://dlvr.it/SN2nV8

Business Secretary Kwasi Kwarteng orders scientific review of fracking impact

Image
Senior Tories are calling for an end to the ban on shale gas extraction to help secure energy supplies. http://dlvr.it/SN22mC

What are Elon Musk's plans for Twitter?

Image
The Tesla founder has become the social network's biggest single shareholder, and a board member. http://dlvr.it/SN1X0g

New number plate fails to boost March car sales

Image
The Society of Motor Manufacturers' new data showed UK car sales were at their weakest in 24 years. http://dlvr.it/SN0wsB

Sri Lanka central bank to get new governor amid economic crisis

Image
P Nandalal Weerasinghe told the BBC that he will take up the role of the bank's governor on Thursday. http://dlvr.it/SMzrbb

Channel 4 privatisation to go ahead

Image
The BBC is told the money made from selling the broadcaster will be reinvested in the TV industry. http://dlvr.it/SMynrW

Easter flight cancellations to continue for days

Image
At least 60 easyJet flights are to be scrapped on Tuesday due to a high level of staff absence. http://dlvr.it/SMySHd

Cryptocurrency: UK Treasury to regulate some stablecoins

Image
Treasury Minister John Glen says "stablecoins" could be used as a means of payment. http://dlvr.it/SMxyzj

Elon Musk snaps up $3bn Twitter stake

Image
Tesla founder Elon Musk has bought almost a tenth of Twitter shares, worth almost $3bn. http://dlvr.it/SMxP0G

Trump's Truth Social app branded a disaster

Image
Donald Trump's social media platform was supposed to be "fully operational" by the end of March. http://dlvr.it/SMwKDl

EasyJet cancels 100 flights due to Covid absences

Image
The airline cancels scores of flights as UK airports also struggle with high levels of staff sickness. http://dlvr.it/SMvNtG

Dover cross-Channel ferry disruption begins to ease

Image
Drivers trying to reach ferries on Saturday saw delays of up to nine hours. http://dlvr.it/SMtQX0

Sunflower oil: UK bottler has a few weeks' supply left

Image
Makers of oven chips, crisps, ready meals and cereal bars are racing to find sunflower oil alternatives. http://dlvr.it/SMsmct

Diesel delivery highlights UK dependence on Russia

Image
Russia supplies nearly a fifth of UK diesel - the UK says it will stop imports by the end of the year. http://dlvr.it/SMsmcr

Manchester Airport: More delays blamed on lack of staff

Image
A lack of staff and surging demand are blamed for long baggage queues for arrivals. http://dlvr.it/SMsmcd