While Uber Eats is preparing to buy Competitor Deliveroo for around two billion dollars, employees are already being made to pay the price.
Read here
Corruption
Frances Coppola: Britain’s Longest-Running Financial Scandal has come to an End
Atoning for their mortgage and pension mis-selling scams has cost the UK banks billions, but their payouts perversely kept consumer spending alive. What happens now? Read here
Economics
Eurostat: Ukraine & Russia are source of one-third of EU cereal imports
Around one-third of the value of the EU’s imports of cereals in 2021 originated from Ukraine (28.8% and valued at €1.7 billion) and Russia (4.8%) combined. Read Here
Economics
Mark Thompson, Anna Cooban: Credit Suisse shares crash as Saudi investor rules out more funds
Report in CNN on the chaos at Swiss bank Credit Suisse today. Is this the start of a new financial crisis? Read the article HERE.
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