Lloyds boss Antonio Horta-Osorio questioned by bank over alleged tryst trip August 10, 2016 Lloyds Banking Group's boss has faced some tricky questions from his own bank over reports he had a tryst while away on business. Antonio Horta-Osorio, who has been at the helm of the taxpayer-backed bank since 2011, is said to have met with alleged lover Dr Wendy Piatt, a former Tony Blair aide, while travelling in June to a [...]
How to holiday like a retail tycoon: Here’s everywhere Sir Philip Green’s yacht has been since he was labelled “the unacceptable face of capitalism” August 10, 2016 Sir Philip Green's Aegean summer cruise has come under intense scrutiny since MPs labelled him "the unacceptable face of capitalism" last month – but save for a few sightings, the whereabouts of Green's £100m yacht has been something of a mystery. Until now. Using publicly-available data, City A.M. has literally joined to dots to find out what [...]
Magnificent seven: tips to get the most from your Festival experience August 10, 2016 | City Talk NULL
Mayor calls on the Prime Minister to back Gatwick Airport as government still silent on aviation August 10, 2016 The mayor of London has called on Prime Minister Theresa May to back Gatwick to expand aviation capacity in the south east. Khan said he has written to May to urge her on making a decision on what should be a top priority for the government and agree with him that a second runway should be built [...]
First-time buyers secured more mortgages in June than at any other point since August 2007 August 10, 2016 First-time buyers boosted mortgage lending in June as tax changes designed to deter buy to let landlords took effect. June mortgage lending was up by 29 per cent month-on-month, according to lending data from the Council of Mortgage Lenders (CML). Mortgage lending was up by 12 per cent compared to the same month last year. First-time [...]
Labour has chosen local MP and Corbyn aide Steve Rotheram as its candidate for Liverpool’s metro mayoralty August 10, 2016 Labour members have chosen Jeremy Corbyn's parliamentary private secretary as their candidate to be Liverpool's first metropolitan mayor. Rotheram, who also served as lord mayor of Liverpool in 2008 and 2009, will fight to lead a region covering Liverpool, St Helens, Knowsley, Sefton, Wirral and the Cheshire borough of Halton. Incredibly humbled to be selected as Labour's candidate for Metro Mayor. [...]
Bank of England Agents’ survey finds six in 10 firms to cut investment plans due to EU vote August 10, 2016 Investment and hiring will flat-line over the rest of the year as UK businesses come to terms with the result of the EU referendum, a Bank of England survey has revealed. The Bank's agents' summary of business conditions, comprised from interviews with 270 firms representing 1.2m employees "indicated the result of the EU referendum would have a [...]
Quiz: Most UK drivers can only recognise 80 per cent of road signs – can you? August 10, 2016 Alarming news if you're planning a weekend getaway: the average UK driver can only recognise eight in 10 road signs. According to research by Kwik Fit, two in five drivers have become so confused by the meanings of road signs, they've run into trouble on the road. Just one in 10 drivers were able to [...]
Asia brings good fortune to Prudential, as operating profits boosted August 10, 2016 Prudential's Asian focus has helped drive new business for the financial services giant during the first half of 2016. The figures The company reported operating profits of £2.1bn, up six per cent on a constant currency basis or nine per cent on a reported basis from £1.9bn the year before. Meanwhile, operating profit from Asia [...]
Lord Mandelson says it would be “suicidal” for China to abuse its involvement in Hinkley August 10, 2016 Lord Mandelson said today it would be “suicidal” for China to use its role in the Hinkley Point C nuclear power plant to compromise the UK’s national security. China's ambassador to the UK recently warned over relations between the two countries after Westminster pushed back its decision on the project. Read more: EDF chief knew government wanted to [...]