Could JP Morgan boss Jamie Dimon run for President of the United States? Billionaire investor Bill Ackman thinks so June 1, 2023 Billionaire investor Bill Ackman has argued that JP Morgan boss Jamie Dimon should run for president after comments earlier this week suggesting Wall Street’s longest-serving bank boss would consider running. In a tweet, Ackman said “we need an exemplary business, financial, and global leader to manage through what is likely to be a critically important [...]
FCA urges Woodford’s burnt investors to ‘seriously consider’ £235m redress deal June 1, 2023 The Financial Conduct Authority has urged Neil Woodford’s burnt investors to “seriously consider the offer on the table” after it struck a redress deal with the fund’s administrator earlier this year.
ULEZ: Khan expands vehicle scrappage grants to help London businesses cope June 1, 2023 Sadiq Khan will extend grants to small businesses so they can replace vehicles which don’t meet emissions standards, ahead of August’s expansion of the controversial ULEZ scheme. The London mayor intends to expand the £110m ‘scrappage scheme’ from the end of July, with “tens of thousands more Londoners” to benefit as the Ultra Low Emissions [...]
Starmer says Britain’s Brexit future is OUTSIDE of the EU under Labour May 31, 2023 Britain’s future is outside the EU, Labour leader Sir Keir Starmer has said, as he promised to make Brexit work. Writing in the Daily Express newspaper, Sir Keir – who campaigned for Remain in the 2016 referendum – also said he would not be seeking a return to freedom of movement. The comments are Sir [...]
Covid inquiry legal battle looms for ministers over Boris Johnson WhatsApp requests May 30, 2023 Ministers could be set for a legal battle with the Covid-19 inquiry over the requested release of unredacted WhatsApp messages and diaries belonging to Boris Johnson. The Cabinet Office has until 4pm on Tuesday to respond to the request from Lady Hallett’s official inquiry. There has so far been little sign that ministers are set [...]
Ukraine launches biggest ever drone raid on Moscow in Kyiv retaliation May 30, 2023 Ukraine launched one of its biggest drone attacks on Moscow on Tuesday, according to Russia, whose defence ministry said all were destroyed approaching the city. There were no reports of deaths. Moscow Mayor Sergei Sobyanin said two people were injured, one of whom was hospitalised, in the early morning attack. The residents of several parts [...]
Starmer copycat? Sunak bemoans ‘ridiculous’ ads for vapes directed at children May 25, 2023 Rishi Sunak has expressed concern about his daughters potentially being targeted by vape advertising after figures showed the proportion of children trying e-cigarettes has doubled in the past decade. The Prime Minister said it was “ridiculous” that the products appear to be marketed towards young people. Campaigners have argued that vapes are designed to attract [...]
Boris Johnson probed by cops over fresh lockdown breach allegations May 24, 2023 ‘Partygate’ PM Boris Johnson is under police investigation following fresh claims he allegedly breached lockdown rules, it emerged last night. The disgraced ex-prime minister has been reported to the Met Police by the Cabinet Office after new evidence came to light that he may have breached the Covid-19 pandemic rules. Johnson allegedly hosted friends at [...]
Swelling debt interest bill fashions second highest April government borrowing on record at £25.6bn May 23, 2023 A near £10bn debt interest bill helped to push UK borrowing to the second highest monthly total for April since records began in 1993, official figures out today reveal. The government took on an additional £25.6bn of debt last month, above market expectations and up from £13.7bn in the same month last year, according to [...]
Mike Ashley seeks to join Mulberry’s board as he tires of firm’s poor sales May 23, 2023 Sportswear tycoon Mike Ashley is reportedly set to muscle his way onto the board of luxury brand Mulberry as he grows increasing tired of the company’s poor sales performance. Ashley’s Frasers Group owns a 37 per cent stake in Mulberry, but the brand is ultimately controlled by Malaysian billionaire Ong Beng Seng and his wife [...]