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      Billionaire Bill Ackman donates £300m to brain research centre after daughter suffers haemorrhage

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Politics

  • ‘Rude and aggressive’: Fresh claims rock Sunak govt with spotlight on Raab ‘the Incinerator’ for bullying

    November 14, 2022

    Rishi Sunak’s new government is facing fresh allegations of bullying and harassment at work, only days after Gavin Williamson stepped down as Cabinet Office minister as questions arose over his behaviour towards colleague. Now it has emerged that eight people working in Dominic Raab’s private office during his tenure as foreign secretary claimed to have [...]

  • UK has too many agencies responsible for fraud, ex-culture secretary says

    November 13, 2022

    The UK needs a more streamlined way to combat fraud instead of relying on the “alphabet soup” of agencies that currently operate, Baroness Nicky Morgan has said. Morgan, a former digital and culture secretary, said the UK is a “world leader” in digital fraud and that there are “far too many agencies and regulators and [...]

  • Democrats keep control of the Senate in midterms as Nevada stays blue

    November 13, 2022

    The Democrats have kept control of the US Senate, after Catherine Cortez Masto won her Nevada senatorial race in a nailbighting finish. Senator Cortez Masto beat her Republican opponent Adam Laxalt by just 6,600 votes to give the Democrats 50 of 100 seats in the upper house, which gives the party a working majority as [...]

  • Hunt warns of tax hikes for everyone in fiscal statement

    November 13, 2022

    Jeremy Hunt has warned that tax will rise for everyone in his autumn statement next week, while promising the most vulnerable will be protected. The chancellor said the government “will be asking everyone for sacrifices” but that there is “only so much we can ask” from low income workers. Hunt is expected to raise between [...]

  • Kwarteng breaks silence: I told Truss to ‘slow down’ or last a few weeks – she quit six days later

    November 11, 2022

    Kwasi Kwarteng has broken his silence on Liz Truss’ 42-day tenure as prime minister, saying he warned her to “slow down” and predicted her downfall just a few days later. In his first interview since being sacked on 14 October, after just 38 days in charge of the pursestrings, he said the PM’s problem was [...]

  • Government goes head to head with Britain’s nurses: ‘Simply not affordable’

    November 11, 2022

    Prime Minister Rishi Sunak has dismissed pay demands from unions representing nurses across Britain, calling them “simply not affordable.” His remark comes as the threat of strike action that will hit operations and appointments looms. Sunak said he shared the public’s “respect and gratitude” for nurses, and that he was pleased the Health Secretary was [...]

  • Truss’ growth diagnosis was the right one

    November 10, 2022

    One of the tragedies, if that’s the right word, of Liz Truss’ demise is that her key economic observation – that Britain isn’t growing quickly enough – may well be lost to history, discredited thanks to the cack-handed way in which she and her Chancellor attempted to address it. The noises-off from the new administration [...]

  • UK and EU ‘not far apart’ on NI Protocol, says Brussels’ ambassador to London

    November 10, 2022

    London and Brussels are “not that far apart” on negotiations over the post-Brexit Northern Ireland Protocol, according to the outgoing EU ambassador to the UK. João Vale de Almeida today said he was “encouraged” by Rishi Sunak’s meetings with EU leaders since becoming PM last month and by the recent mood music between the two [...]

  • Labour calls for business rates relief in Hunt’s autumn statement

    November 10, 2022

    Labour has called for Jeremy Hunt to provide tax relief for small businesses in his autumn fiscal statement as firms stare down rates hikes in April. Labour deputy leader Angela Rayner told City A.M. today that the chancellor “must” next week axe the planned inflation-linked increase to business rates, while calling for a complete tax [...]

  • Police made almost 2,500 arrests of environmental protestors in past year

    November 10, 2022

    The Police have arrested more than 2,400 activists from environmental groups in the past year, it has been revealed.  Almost seven campaigners a day have been detained from Just Stop Oil, Extinction Rebellion and Insulate Britain groups, between 3 November 2021-2. The figures were obtained by a Freedom of Information Request from City A.M., but [...]

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