Rolls-Royce must become a ‘profitable icon’, says chair Anita Frew
UK engineering group closes in on successor to chief executive Warren East Read full original article »
Author: RMS Manager
Most small firms fear long-term fallout from UK’s cost of living crisis
Half worry rocketing prices will cut spending, while three in four fear long-term damage to businesses Three-quarters of small and medium-sized companies are worried about the long-term impact the cost of living crisis, soaring…
Foxtons gazumps London rival Chestertons with raid on CEO Gittins
Foxtons has raided rival London estate agent Chestertons to poach its chief executive as it faces pressure from activist shareholders to sell the company. Read full original article »
BP To Review Investment Plans As UK Adopts Oil Windfall Tax
BP said it will look again at its plans in the UK, as a £5Bn windfall tax on oil and gas profits announced by the government included enough incentives to preserve investment. Read full…
Loophole could let North Sea oil and gas giants slash UK windfall tax bill
Critics warn chancellor Rishi Sunak will raise only a fraction of planned £5bn if firms offset new investment against profits North Sea oil and gas companies that already benefit from huge tax breaks could…
Boris Johnson to reportedly bring back imperial measurements to mark platinum jubilee
Move is an apparent attempt to win support from Brexit voters in seats Tories fear losing Boris Johnson will reportedly announce the return of imperial measurements to mark the Queen’s platinum jubilee, in an…
Revealed: Russia-linked superyachts ‘going dark’ to avoid sanctions threat
Vessels with ties to Russian oligarchs hit by sanctions are no longer reporting their position to an automatic global locator In the sparkling azure waters of Antigua, the gleaming £95m superyacht Alfa Nero could…
Biden To Restart Idle Refineries To Tame Fuel Prices
The Biden administration is reaching out to the oil industry to inquire about restarting shuttered refineries, as the White House scrambles to address record high-gasoline prices. Read full original article »
Top Headlines: ADNOC Announces 650MM Barrel Oil Find and More
Check out some of Rigzone’s top stories during the last week. Read full original article »
Tui apologises for flight cancellations as UK faces half-term travel chaos
Holidaymakers face delays and disruption at airports and ports as the half-term getaway begins Tui has apologised after cancelling multiple flights, blaming “operational and supply chain issues”, adding further disruption to half-term travel plans.…