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New Gatwick strikes announced – affecting ‘up to 45,000 passengers’
Unite has warned holidaymakers they face “severe disruption” at Gatwick Airport this month after ground staff announced a new series of strikes.More than 230 workers, who work for two contracted firms at the London site, will walk out on multiple dates later in August because of a dispute over pay, the union said. Unite believes …
Business
Business Live
Housebuilder Bloor Homes expands Exeter office after £2.7m works
Housebuilder Bloor Homes has said a £2.7m expansion of its office in Exeter has been completed. The developer, which launched its regional division for Cornwall and Devon a year ago, said the expansion of its office base, to 17,000 sq ft, would provide larger meeting and training facilities. The extension of Horizon House on Guardian …
Business
Evening Standard
Tui expects £21m hit from Rhodes wildfires but holiday demand remains high
Travel agent Tui has revealed it is expecting a 25 million euro (£21 million) hit from wildfires in Rhodes last month, despite saying the blazes and heatwave sweeping across parts of Europe only “temporarily” dampened demand for holidays.The Germany-based airline and package holiday group said there will be extensive costs for cancellations and lost business, …
Business
Sky News
Wildfires in Greece cost TUI £21.5m – but overall profits up
TUI has revealed recent wildfires in Greece cost it around €25m (£21.5m) – but it has also returned to a third quarter profit for the first time since the pandemic.The travel firm said 12 repatriation flights, compensation payouts and customer welfare expenses had all contributed to the estimated cost after it cancelled outbound journeys and …
Press Release
Pressat
Venture Capital Investments at Risk: DynaRisk Identifies Critical Cybersecurity Gaps in Companies Backed By Some Of London’s Biggest VC Funds
DynaRisk, the intelligence-led cybersecurity software company, has released a ground-breaking report exposing the concerning cyber posture of the portfolio companies of leading Venture Funds with a presence in London. The report highlights severe cybersecurity issues within portfolio companies and aims to raise awareness among fund managers about the urgent need to incorporate cyber risk monitoring …
Business
Sky News
Fears over deflation in China as prices plummet
China’s annual inflation rate has dropped to -0.3%, heightening fears the country’s sluggish recovery from COVID could have a wider impact on the global economy.The year-on-year drop in the consumer price index (CPI) in July comes after figures earlier this week revealed imports and exports in the country also fell much faster than expected last …
Business
Sky News
Falling prices in China might just be bad for everyone
While so many countries have spent the last year grappling with stubborn inflation, China is facing the opposite problem.Indeed, in July prices actually fell by 0.3% compared to a year before. While the term ‘deflation’ shouldn’t be officially coined until prices have fallen for three months in a row, there are now real fears that …
Business
Sky News
Water firms facing legal action over ‘pollution and customer overcharging’
Six English water companies are facing legal action over allegations they under-reported pollution discharges and overcharged customers as a result.Professor Carolyn Roberts, an environmental and water consultant, said she is planning to bring a string of cases to the Competition Appeal Tribunal in a bid to secure more than £800m compensation on behalf of 20 …
Business
Sky News
UK ‘at risk of recession next year’, thinktank warns
The UK is on course to experience five years of “lost” economic growth and is at risk of a recession next year, according to an economic thinktank.The National Institute of Economic and Social Research (Niesr) said by 2024 income inequality will have grown, along with unemployment and levels of debt. Researchers, writing in the thinktank’s …
Press Release
Pressat
Investing in African Youth Football Tournaments: Empowering Dreams, Transforming Lives
In a world brimming with boundless potential, the power of sports to shape lives and uplift communities is unparalleled. At the helm of the Mehiel Foundation stands a visionary with a passion for change, a dreamer who believes in the transformative magic of youth football tournaments. With an unwavering commitment to harnessing the energy and …
Press Release
Pressat
Aspire launches its 24th Aspire Channel Swim
Aspire, a national charity supporting people paralysed by Spinal Cord Injury has launched its 24th Aspire Channel Swim. The original Channel challenge asks people to swim the distance of the English Channel – 22 miles over 12 weeks wherever they like to swim; in their local swimming pool, swimming lake or sea. The challenge runs …
Press Release
Pressat
Fibank’s Smart Lady program continues its support for female entrepreneurs
Back in 2018, Fibank (First Investment Bank) launched its special Smart Lady program in support of Bulgarian business women. Smart Lady is aimed at: • start-up female entrepreneurs; • development of enterprises owned by women; • existing businesses run by women. The broad range of the program includes not only bank products at preferential terms, …

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