Mark Carney appointed UN climate envoy ahead of Bank of England exit December 1, 2019 Bank of England boss Mark Carney has been appointed United Nations special envoy for climate action and finance, it was announced today, as he looks towards life beyond the governor’s chair. UN secretary-general Antonio Guterres has tasked Carney with galvanising global finance into addressing the perils of climate change and helping limit warming to 1.5 [...]
Boris Johnson backs review of 74 people released early from terror convictions December 1, 2019 Seventy-four people released from prison early after being convicted of terror offences will have their release conditions reviewed. Boris Johnson said the review began on Friday after it was revealed that London Bridge attacker Usman Khan only served half of his 16-year sentence for plotting to blow up the London Stock Exchange. Read more: Jeremy [...]
Hedgies in High Court bid to force up Inmarsat takeover price December 1, 2019 The buyout group looking to take British satellite company Inmarsat private is facing a legal challenge from hedge funds that could scupper the deal at the 11th hour. At a hearing on Tuesday hedge funds led by Oaktree Capital will press the High Court to block the approval of the so-called scheme of arrangement, one [...]
Jeremy Corbyn calls for closer Nato relationship with Russia December 1, 2019 Jeremy Corbyn has advocated for Nato to de-escalate tensions with Russia, while signalling a Labour government would distance itself from the United States. Corbyn launched Labour’s foreign policy on Sunday afternoon, emphasising that Nato should change its policy direction. Read more: Jeremy Corbyn: Convicted terrorists should ‘not necessarily’ serve full jail terms The Labour leader [...]
Jeremy Corbyn: Convicted terrorists should ‘not necessarily’ serve full prison sentences December 1, 2019 People convicted of terrorism offences should ‘not necessarily’ serve full prison sentences, according to Jeremy Corbyn. It was revealed yesterday that London Bridge attacker Usman Khan only served half of his 16-year sentence for plotting to blow up the London Stock Exchange. Read more: London Bridge attacked was convicted terrorist behind stock exchange bombing plot [...]
Zopa nears deal to secure £130m cash injection December 1, 2019 Zopa is reportedly on the cusp of agreeing a £130m cash injection that will help the peer-to-peer lending giant meet regulatory capital requirements. The fintech firm is in advanced talks to secure a major lifeline with an entity connected to US-based private investment firm IAG Capital Partners and its UK arm Silverstripe. Over the weekend [...]
Ranked: Britain’s best and worst bank accounts November 30, 2019 Brits now enjoy a larger choice of bank accounts than ever before, with rival offerings from time-honoured high street stalwarts to exciting new fintech upstarts. But if the choice at times seems overwhelming, a new league table has revealed which banks score highly for customer service and communication – and which leave a lot to [...]
BBC agrees to Boris Johnson interview with Andrew Marr after terror attack November 30, 2019 Boris Johnson will be interviewed on the BBC’s Andrew Marr Show tomorrow, despite the Prime Minister’s failure to set a date to be grilled by Andrew Neil. The broadcaster had initially banned Johnson from appearing on the Sunday morning show until he agreed to a 30-minute primetime interview with Neil, as the other party leaders [...]
Hong Kong pensioners take to the streets to back student protesters November 30, 2019 Retirees joined forces with secondary school students in Hong Kong today for the first of a series of planned rallies amid a backlash against alleged police brutality. Pro-democracy activists have vowed to hit back at what they describe as police brutality and unlawful arrests during clashes between protesters and law enforcement. Read more: China rages [...]
Better together: How media firms are teaming up to take on tech November 30, 2019 The media industry is in flux and embattled publishers and broadcasters are banding together. But will it be enough to fend off the might of big tech? In Succession, the hit HBO show about a crumbling media dynasty, virtually every conversation is a power struggle. But for ageing patriarch Logan Roy, a thinly-veiled Rupert Murdoch, [...]