Slow revival for London office occupancy levels
L ondon offices are filling up again after the holiday season but occupancy is still no higher than it was at the start of the summer with workers still reluctant …
BUSINESS
Gabby and Kenny Logan receive damages over false tax avoidance claims
T V presenter Gabby Logan and her husband will be paid a six-figure sum in damages by an accountant, a publisher and a former newspaper editor after the couple complained …
Public confidence in Bank of England plunges to record low
The Bank’s net satisfaction rate, when members of the public were asked whether it was ‘doing its job to set interest rates to control inflation’, was minus 21%. That is …
Bond Street set for bumper year of store lettings as vacancy rate falls
B ond Street is having another bumper year with store lettings closing in on last year’s record and the vacancy rate falling back to pre-Covid levels, new data reveals. In …
The UAW’s Strike Poses Economic and Political Risks for Biden
Autoworkers put down their tools Thousands of autoworkers walked off the job on Friday morning at three Midwest plants in an unprecedented strike, as the United Automobile Workers and Detroit’s …
What is green steel and why are there potential job losses at Tata?
T he Government has announced a support package worth £500 million to Tata Steel that would see its coal-fired blast furnace in Port Talbot replaced in a move towards producing …
TikTok Rankles Employees With Return-to-Office Tracking Tools
TikTok employees in the United States expressed frustration and dismay this week after the company introduced a tool for tracking office attendance and threatened disciplinary action for failing to comply …
‘Limited’ evidence pay rises are to blame for inflation of goods, ONS says
T here is “limited” evidence that rising wages are responsible for the higher cost of goods, the ONS said today, though it warned that pay may be to blame for …
California Sues Oil Giants, Claiming Decades of Deception
The state of California sued several of the world’s biggest oil companies on Friday, claiming their actions have caused tens of billions of dollars in damage and that they deceived …
Bank expected to hike interest rates again, but pause may be on the cards
M arkets have been asking themselves whether the Bank of England might stop raising interest rates next week after 14 consecutive hikes. The Bank is still expected to set rates …