Tag: losses

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Oliver Dowden resigns as Conservative party chair after byelection losses

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Oliver Dowden has resigned as Conservative chair after the party’s disastrous double byelection losses in Wakefield and in Tiverton and Honiton, saying someone “must take responsibility” for a recent run of poor resul...

UK finance ‘faces £340bn in losses’ without action on climate change

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UK banks and insurers will end up shouldering nearly £340bn worth of climate-related losses by 2050, unless action is taken to curb rising temperatures and sea levels, the Bank of England has warned. The numbers emerg...

It’s too soon to celebrate Putin’s losses – the hard miles are yet to come for Ukraine

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There is near euphoria, currently, among supporters of Ukraine at the continued military reverses it is inflicting on Russian forces. But the truth is that Ukraine has a long way to go before it can achieve any kind o...

‘Unstoppable until they aren’t’: are tech market losses signs of a bust?

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Jeff Bezos knew this day was coming. Back in April the Amazon boss warned of an impending market slowdown, tweeting that the epic tech boom experienced during the last two years could not last for ever. “Most people d...

Boris Johnson under renewed pressure after damaging local election losses

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Boris Johnson’s leadership is facing fresh peril after senior Conservatives blamed him for losing swaths of the party’s southern heartlands to the Liberal Democrats and flagship London boroughs to Labour. In a punishi...

‘Catastrophic’: what Tories are saying about their local election losses

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Boris Johnson is facing the wrath of senior Conservatives frustrated at his leadership and doubtful about his usefulness as an electoral asset in the aftermath of a difficult set of results for the party. David Simmon...

Local elections 2022: Tory council leaders point finger at Johnson after losses blamed on Partygate

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Local Tory leaders have called on Boris Johnson to consider his position after losses to the Lib Dems and Labour in the local elections which several blamed on Partygate and the cost of living crisis. The Conservative...

Democrats fear soaring inflation could bring midterm election losses – live

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Democrats warn president to fix inflation or say goodbye to control of Congress as wholesale prices surge record 11.2% in March

British drama school closes suddenly after heavy losses

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A British drama school has closed after an unsuccessful restructure left it with heavy losses and no longer financially viable, resulting in almost 300 students having to change school with no warning. Students at the...

Floods and livestock losses leave NSW and Queensland farmers reeling from third disaster in three years

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Farmers have been left reeling by “devastating” losses of livestock and machinery amid severe flooding in south-east Queensland and northern New South Wales, with concern some may not be able to recover from the lates...

Russian talkshows dismiss ‘fake’ reports of military losses

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Russian state television talkshows are describing videos of missiles striking Ukrainian cities and reports of Russian soldiers killed in action as “fakes”, as the country’s media try to account for photos and video em...

Aston Martin optimistic after sales surge and slashed losses in 2021

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Aston Martin Lagonda reduced its losses in 2021 as it reported surging sales amid ongoing disruption to its supply chain and a slow start to deliveries of its new “hypercar”, but said it expected its finances to impro...

Tornadoes in Mayfield, Kentucky caused profound losses: ‘Some are never going back to their homes’

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In Mayfield, Kentucky, storm warnings had been coming for days, then came radar observations of a rotating storm of debris to the south, and finally urgent alerts to the imminent strike of a severe tornado. In the sec...

UK gamblers could be asked for payslips to stop unaffordable losses

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Gambling firms could be forced to ask punters for payslips to prevent unaffordable losses, the minister overseeing a landmark review of the sector has said, citing a “moral obligation” to tackle addiction. Chris Philp...

Tui losses narrow but it weighs up cuts to winter travel schedule

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The travel company Tui has narrowed its annual losses but is reviewing whether to make cuts to the remainder of its winter programme in light of rising coronavirus cases and the spread of the Omicron variant. Posting ...

Kevin Spacey to pay House of Cards studio more than $30m over alleged misconduct losses

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Kevin Spacey and his production companies must pay the studio behind House of Cards more than $30m because of losses brought on by his firing for alleged sexual misconduct, according to an arbitration decision made fi...

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