Today's business and finance round up 7th June 2022
London Metal Exchange hammered with $450m lawsuit
7th June 2022
Bite-sized business news from the UK and beyond
Good morning 148. That’s the number of votes Boris Johnson received against him in last night’s no confidence vote. It falls short of the 180 needed to oust the prime minister meaning he lives to fight another day. But the big question is how long could he survive?
Today's stories
- London Metal Exchange hammered with $450m lawsuit
- UK rental market facing unprecedented squeeze
COMMODITIES
London Metal Exchange hammered with $450m lawsuit
Other stories to keep you in the loop
- Apple enters buy-now pay-later space with ‘Apple Pay Later’
- Revolut's banking app crashes for some customers
- Metro Bank sued over 'magic money machines'
- Ryanair accused of discrimination for forcing Afrikaans test on South Africans
- Elon Musk threatens to scrap Twitter deal over ‘breach’ of agreement
- Value of US and European IPOs tumbles 90% this year
- New Look CEO to step down from high street fashion chain
PROPERTY
UK rental market facing unprecedented squeeze
Stat of the day
70 UK companies with more than 3,300 workers will this week start a six month trial to test whether a four-day week can be adopted without a corresponding loss of productivity
Interesting links from around the web
- From the Serengeti to the Grand Canyon - the 51 most beautiful places in the world
- Why your favourite colour is probably blue
- The website add-in that makes you read everything 10x faster
