Atom Bank has pushed back its flotation by at least two years after tapping backers for another £30 million, giving it a post-deal valuation of £460 million. The fast-growing, Durham-based online lender is now aiming for a “liquidity event” in 2024 or 2025, having previously pencilled in 2022 or 2023. A liquidity event could be an initial public offering on ...

Jeremy Clarkson has said that Britons “do not pay enough for their food”, while recounting an experience when he was battered by heavy rain as he tried to help pigs mate. The broadcaster, 62, bought an Oxfordshire farm in 2008 and began managing the land when a tenant farmer retired in 2019. His efforts have been documented in the TV ...

PHILIPPINE STAR/ MICHAEL VARCAS By Luisa Maria Jacinta C. Jocson, Reporter The National Government’s budget deficit ballooned to P99.1 billion in October, as state spending outpaced revenue collections, the Bureau of the Treasury (BTr) reported on Friday. In its latest cash operations report, the BTr said the October budget gap rose by 54.08% from the P64.3 billion deficit in the ...

REUTERS One of the UK’s biggest pork producers has spent £4 million ($4.8 million) hiring butchers from the Philippines, after a staffing crisis threatened to hamper production. Cranswick Plc, which supplies supermarkets with pork and poultry, is paying for 400 butchers to travel from the Asian islands to work in Britain after staff from continental Europe flocked home following Brexit. ...

REUTERS GOSPORT, England/LONDON — Chukwudubem Ifeajuna, a nurse in the south of England, loves his job, but next month will walk out for two days as part of British nurses’ biggest ever strike action, which he says is necessary for staff and patient welfare alike. The industrial action on Dec. 15 and Dec. 20 is unprecedented in the British nursing ...

FREEPIK An experimental vaccine provided broad protection against all 20 known influenza A and B virus subtypes in initial tests in mice and ferrets, potentially opening a pathway to a universal flu shot that might help prevent future pandemics, according to a US study published on Thursday. The two-dose vaccine employs the same messenger RNA (mRNA) technology used in the ...

You might be able to get toothpaste back in the tube, but not people. Flexible working is here to stay in the UK – as you can see from the fact that weekday ridership on public transport stays stubbornly beneath pre-pandemic levels. Charlotte Boffey, UK Head of Services at Employment Hero looks at a survey of UK knowledge workers which found ...

REUTERS FRANKFURT — The Federal Reserve’s signaling of a slowdown in the pace of US interest rate hikes takes pressure off global peers to keep on raising rates and offers relief to emerging markets, which have suffered their biggest rout in over a decade this year. Central banks around the world have taken their cue from Washington in lifting borrowing ...

152mm artillery ammunition. — MIL.IN.UA/FLICKR PRAGUE/WARSAW — Eastern Europe’s arms industry is churning out guns, artillery shells and other military supplies at a pace not seen since the Cold War as governments in the region lead efforts to aid Ukraine in its fight against Russia. Allies have been supplying Kyiv with weapons and military equipment since Russia invaded its neighbour ...

REUTERS When Chinese President Xi Jinping and his Indonesian counterpart Joko Widodo sat together last week to watch a trial run of a new China-backed high-speed railway, it was a clear sign of their expanding economic involvement. “Begin,” was the command they gave, as the train pulled out of a Bandung station. Projects like this are key to Beijing’s strategy ...