On this edition of Wall Street Week, Peter Kraus, Aperture Investors Chairman and CEO & Gillian Tett, Financial Times Editor-At-Large, US & Editorial Board Chair and Author of “Anthro-Vision” wrap up the week in the markets. Deborah Lehr, Paulson Institute Executive Director & Edelman Global Advisory CEO discusses the impact of China’s zero covid policy […]
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Wall Street Week: PKG-HONG KONG (07/01/2022) ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/
Post Office collection and cash delivery workers are to stage a one-day strike later this month in a dispute over pay. Members of the Communication Workers Union (CWU) employed in supply chain and admin jobs will walk out on 14 July. The workers deliver cash, valuables and essential supplies to thousands of sub-post offices, process […]
UK consumers cut back on credit card borrowing in May amid fears over rising interest rates and a slowing economy driven by a cost of living crisis. Monthly figures from the Bank of England showed that consumer borrowing fell to a four-month low of £800 million in May, from £1.4 billion in April. Half of […]
London City airport is seeking to overturn its Saturday flight ban and raise by 40% the limit on its passenger numbers. A local residents’ group has denounced the proposals to cut into the nearly 24-hour respite from aircraft noise from 1pm on Saturdays to 12.30pm on Sundays, granted when the airport was licensed. London City […]
The bank said that it was introducing a £1,200-a-year pay increase from August 1, which would start to show in next month’s pay packets. The rises of £100 a month before tax were an early instalment on the usual annual inflation review that would normally come in from March 2023. Unite, the trade union, which […]
Postmasters caught up in the Horizon IT scandal say that they are still being “left in the dark” about a compensation package after the government announced that they will receive interim payments. Paul Scully, the postal affairs minister, said payments totalling £19.5 million will be paid to eligible members of the 555-strong group within weeks […]
BT staff have voted for their first national strike in 35 years, which is expected to affect customers across the country having broadband services installed or getting faults fixed. The strike by BT engineers and call centre staff represents the vast majority of its 58,000-strong frontline workforce, and the trade union organising the ballot has […]
More than two million people have become higher-rate taxpayers under Boris Johnson’s government, fuelling a backlash from Tory MPs. Figures released by HM Revenue & Customs yesterday showed that 6.1 million people — equivalent to one in six adults — now pay at the 40 per cent rate, up from 4.2 million in 2019. They […]