Posts By: admin

Police probe UK links to Magnitsky money

Posted by & filed under Warren Fyfe.

Image copyright Getty Images Image caption Sergei Magnitsky died in prison while awaiting trial Police are investigating how £6.6m from a Russian organised crime group has been allegedly traced to a banking firm in the UK, the BBC has learned. US court papers have linked some of the so-called “Magnitsky money” – a £150m tax [...]

Young people ‘most likely to go abroad without insurance’

Posted by & filed under Warren Fyfe.

Image copyright Getty Images Image caption About 25% of British holidaymakers are thought to not buy travel insurance before going abroad About 40% of young people go abroad without travel insurance, risking medical fees of thousands of pounds if they are taken ill, a survey suggests. The Association of British Travel Agents surveyed 2,043 Britons [...]

The UK’s most delayed airlines revealed

Posted by & filed under Warren Fyfe.

Image copyright BEN STANSALL Image caption Only 75% of UK flight arrivals landed on time, according to Which? Air Transat, Icelandair and Norwegian Air Shuttle are the least punctual airlines in Britain, research from Which? has found. The consumer group analysed landing times for 850,000 flights at 25 UK airports and found that on average [...]

Just Eat and Hungryhouse merger faces competition probe

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Image copyright fergusburnett.com Just Eat’s £200m plan to take over rival food delivery service Hungryhouse faces a hurdle. The proposed deal has been referred for an in-depth investigation by the Competition and Markets Authority (CMA). Both companies take online orders from customers and act as delivery middle men between them and restaurants. However, the CMA [...]

Text-to-switch plan for mobile users

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Image copyright PA Mobile phone users will be able to switch operators by sending a text to the provider they want to leave, under plans drawn up by the regulator. Ofcom said customers could avoid an awkward and long call to their operator and instead send a text. In turn, they will be sent switching [...]

Alisher Usmanov: Arsenal shareholder makes £1bn takeover bid to Stan Kroenke

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Usmanov’s rivalry with Kroenke has become increasingly public Uzbek-born Russian billionaire Alisher Usmanov has made a £1bn bid to wrest control of Arsenal from majority shareholder Stan Kroenke. But with Kroenke showing no interest, the bid has in effect been rejected, though Usmanov is yet to receive written confirmation. The Financial Times reported Usmanov made [...]

Global stock markets fall as Trump turmoil intensifies

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Image copyright Reuters Big falls on US stock markets have dragged down Asian shares over fears the political controversy surrounding President Trump will blunt his ability to deliver tax and regulatory reform. Wall Street’s three main indexes shed more than 1.7%, and the dollar erased most gains made since his election. Asia’s main stock markets [...]

Recycling body criticises Pringles and Lucozade packaging

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Image copyright Getty Images / Ideo Pringles tubes and Lucozade Sport bottles are the “villains” of the recycling world, a trade body has said. The Recycling Association named them in a list of products that pose the biggest challenges for reuse. The greater the number of materials used in packaging, the harder it is for [...]

Royal Mail posts strong rise in profits as parcels improve

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Image copyright Getty Images Royal Mail’s annual profits have jumped 25% thanks to better-than-expected growth in its parcel delivery business. Parcel deliveries rose 9% thanks to shoppers’ insatiable appetite for online shopping, although the number of letters posted fell by 6%. Bosses put the rise in parcels down to upgraded computer systems, which allow the [...]

FTSE 100′s record-breaking streak continues

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Image copyright AFP The FTSE 100′s recent record-breaking run showed no sign of ending as the UK’s main share index set new intra-day and closing highs. The index climbed above the 7,500 level for the first time, closing at 7,522.03 points after nine days of gains. Confidence in the outcome of the UK election and [...]