City of London elects new Lord Mayor: US scientist and economist Alderman Michael Mainelli September 29, 2023 The City of London Corporation has elected the 695th Lord Mayor as Alderman Michael Mainelli. Mainelli will take over the year-long role as the figurehead for the Square Mile, currently held by Nicholas Lyons, on Friday 10 November. The Lord Mayor-elect, 64, is a scientist, economist, and accountant, known for being chairman of Z/Yen. Born [...]
Rishi Sunak poised to limit new 20mph zones after Uxbridge ULEZ by-election September 29, 2023 Rishi Sunak is preparing to curb English councils from introducing new 20mph speed limits, according to reports. The Prime Minister will unveil the measure as part of a Plan for Motorists at the Tory conference in Manchester, according to several newspapers. He is reportedly planning to limit the power of local authorities to impose new [...]
UK SMEs lack confidence in political parties – but there’s one they favour more September 28, 2023 SMEs’ confidence in all political parties is suffering according to a new poll - although of those who do see their needs reflected in a party, more would point to Labour.
Rocket man: Kim Jong Un amends North Korea constitution in nukes production push September 28, 2023 North Korean leader Kim Jong Un has amended his nation’s constitution to include his policy to expand the country’s military nuclear program. State media said on Thursday that Mr Kim, infamously dubbed ‘little rocket man’ by former President Donald Trump, has called for an exponential increase in the production of nuclear weapons. The Korean Central [...]
UK ‘committed to working closely’ with the EU as City firms fear post-Brexit red tape September 27, 2023 The City minister has said the UK is "committed to working closely" with the EU on financial services rules today amid fears that growing divergence between UK and EU regulators will increase the regulatory burden on City firms.
Donald Trump defrauded banks and insurers as he built his empire, judge rules September 27, 2023 A judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House. Judge Arthur Engoron, ruling on Tuesday in a civil lawsuit brought by New York’s attorney general, found that the former president and his company deceived banks, insurers and others [...]
UK signs pact on hydrogen development with Germany September 27, 2023 The UK has partnered with Germany to advance hydrogen development in a bid to boost international trade, jobs and investment. Energy efficiency and green finance minister Lord Martin Callanan visited the European country to sign the agreement with Germany’s state energy secretary Philip Nimmermann. At the UK embassy in Berlin, the two nations agreed to [...]
Tower Hamlets bin strike branded ‘health hazard’ brought to an end September 26, 2023 A Tower Hamlets bin strike branded a “health hazard” has been brought to an end after workers reached an agreement with the council. Refuse had piled up for days in the east London borough , with furious residents slamming the state of the streets as “ridiculous”, a “health hazard” and an “ongoing rat buffet”. But [...]
Sunak looks to control HS2 costs as backlash grows against plan to cut back project September 26, 2023 Rishi Sunak is reportedly aiming to control the spiralling cost of the HS2 railway line project, which could reach over £100bn.
Oligarch: Putin and Russia won’t be stopped by ineffective sanctions September 26, 2023 Oligarch Oleg Deripaska said Russia and Putin have weathered Western sanctions imposed over the invasion of Ukraine