Businessman jailed over Gray’s Inn bomb plot amid £1.4m legal wrangle A businessman suspected of being involved in an international money laundering ring who targeted two lawyers for Britain’s FBI by orchestrating a bomb plot against them has been jailed for eight years and two months. Jonathan Nuttall, 50, was convicted of conspiring with his driver, Michael Sode, and an ex-marine, Michael Broddle, to plant two [...]
Brexit ‘unpicked’? Starmer defends approach to EU as Tories go on the attack Brexit The Labour leader insisted there was no case for rejoining the EU, its single market or customs union after the Tories seized on comments suggesting he would not “diverge” from Brussels’ rules.
Starmer rejects ‘great rail betrayal’ tag – but refuses to commit to HS2 in full Hs2 Sir Keir Starmer has insisted he is not guilty of the “great rail betrayal” that Labour has accused the Government of by not committing to building HS2 in full. Chancellor Jeremy Hunt has said the costs of the high-speed rail project to the North are “getting totally out of control” as Rishi Sunak refuses to [...]
Here’s when Wilko will close its final stores following collapse September 22, 2023 Wilko is to shut the doors of its last remaining stores on Sunday October 8 as the collapse of the historic retailer comes to a close. The hardware and furnishings retailer tumbled into administration last month after it came under pressure from weak consumer spending and debts to suppliers. The retailer will shut its final [...]
Mothercare swings to loss as it prepares to refinance debt September 22, 2023 Baby products brand Mothercare has revealed it swung to a loss over the latest year as it is set to complete a refinancing of its debts after interest rates shot up. The retailer said it was taking longer to return to pre-pandemic sales levels. Mothercare, which sells its ranges through retail giant Boots in the [...]
Strikes by train drivers in early October will leave some areas with no services (including for Tory conference) September 22, 2023 Rail passengers are being warned that fresh strikes by train drivers in a long-running dispute over pay will mean some areas will have no services. Members of train drivers union Aslef will walk out on Saturday September 30 and Wednesday October 4, coinciding with the annual conference of the Conservative Party. The drivers will take [...]
Ukraine ‘launches missile strike on headquarters of Russia’s Black Sea fleet’ September 22, 2023 Ukraine has carried out a missile strike on the headquarters of Russia’s Black Sea fleet, with one serviceman missing, the Russian defence ministry has said. The Russian-installed governor of Sevastopol, Mikhail Razvozhayev, said no one was injured outside the burning headquarters but did not provide information on other casualties. Firefighters battled the blaze and more [...]
Retailers put all their chips on inflation cooling during golden Christmas run-up September 22, 2023 A better than expected inflation reading, and growing consumer confidence and sales, have offered a glimmer of hope for the UK’s retail sector, as they turn their focus to the vital Christmas trading months. According to today’s ONS figures, retail sales volumes rose by 0.4 per cent in August 2023, partially recovering from a fall [...]
Mike Ashley’s Frasers Group drags Morgan Stanely boss to court seeking £50m in damages September 22, 2023 Mike Ashley’s Frasers Group has dragged the chief executive of Morgan Stanely into a UK legal battle over a $1bn (£814m) margin call regarding Hugo Boss trade. In a New York court filing lodged earlier this week, seen by The Telegraph, the retail group asked the court to make James Gorden hand over documents and [...]
Dott ends London e-bike service due to ‘high fees and varied regulations’ September 22, 2023 E-bike firm Dott has ended its London service because it was not possible to “run a financially sustainable” operation in the capital – just as its renewed e-scooter scheme takes off on Monday. The company, which recently won a new contract as part of Transport for London’s e-scooter trial which starts on Monday, insisted it [...]