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Evening Standard
Strikes to go ahead after workers reject revised pay offer from Cosla
The largest union in local government has said strike action will go ahead after rejecting a revised pay offer that “puts absolutely no more money on the table”.Unison accused Cosla, which represents all Scottish local authorities, of making an offer that does not truly benefit its council workers, which includes waste, recycling and street cleaning …
Business
Evening Standard
London stocks drop as markets shaken by global IT outage
London’s markets finished lower on Friday as a major global IT shortage knocked equity markets.Main markets in the UK, continental Europe and the US were all knocked by the Microsoft outage, linked to a cybersecurity update, which resulted in delays to flights, payment issues and disruption to GPs.Sentiment in London was also impacted by a …
Business
Business Live
How can we exploit the Welsh diaspora to boost our economy
For those of us who were born and brought up in Wales and then left to pursue our studies or start a new job, the sense of ‘hiraeth’ is something we have all experienced at one time or another. However, that yearning for our homeland can also be a powerful way to get the Welsh …
Business
Sky News
Who are the company behind the world’s worst IT outage?
CrowdStrike, the company at the heart of the IT outage being described as the worst the world has seen, has been a darling of Wall Street over the last year.So far in 2024, its share price has risen by 96%, making it one of the best-performing stocks on both the tech-heavy Nasdaq and the broader …
Business
Euro News
Global cyber crash: The effect of technology outages on companies
Business
Euro News
EU moves to secure lithium supplies from Serbia against backdrop of protests
Business
Sky News
What are your rights when travel is cancelled or delayed?
With the tech outage impacting transport systems worldwide, many find themselves experiencing delays of unknown duration and possible cancellations. If this were two years ago as travel reopened after COVID-19 lockdowns there’s a good chance travellers could claim back from airlines for trips those companies cancelled due to capacity issues. Global IT outages latest: Security …
Business
Sky News
From banking to flights and supermarkets: Charts show when outages peaked across services
Outages have been reported today across airlines, supermarkets, banking and communication services as well as the NHS and trains.Crowdstrike, which provides cyber attack monitoring and protection to many major businesses, said the problem was caused by a “defect found in a single content update for Windows hosts”, adding it was not a security incident or …
Business
Business Live
Plans for development at major new suburb of Newquay move forward
A high street being developed as part of a major new suburb in Newquay has received formal approval from the Duchy of Cornwall and will go out to tender this summer. The Nansledan scheme, which is being designed by architects Corstorphine & Wright, will create a new shopping, working and lifestyle destination for North Cornwall. …
Business
Euro News
European stocks extend losing streak as global tech outage disrupts key sectors
Business
Evening Standard
Competition watchdog clears Nationwide’s £2.9bn Virgin Money takeover
Nationwide’s £2.9 billion takeover of banking firm Virgin Money has been cleared by the UK’s competition regulator.The building society agreed the takeover of its London-listed rival in March.In May, the Competition and Markets Authority (CMA) watchdog launched an initial merger inquiry to consider whether the deal – which is the biggest UK banking merger since …
Business
Sky News
Air and rail travel chaos continues after global IT outage – as passengers describe ‘bedlam’ conditions
Transport networks around the world have been thrown into chaos by the global IT outage. Some of the world’s largest airports, including London Heathrow, Singapore’s Changi Airport, Schipol Airport in Amsterdam and Melbourne Airport in Australia have faced problems with check-ins and security as online systems run by Microsoft shut down. As of 11am (UK-time) …

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