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      FCA charges City lawyer with insider dealing over maternity brand acquisition

      The FCA said in June any scheme must keep the market afloat in order to curb rising costs for consumers.

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People

  • Mark Kleinman’s exclusive column: Downing Street business adviser pondering exit?

    June 15, 2022

    Raging inflation, labour shortages, a weakening currency, supply chain chaos and – in the eyes of many colleagues and opponents alike – a lame duck prime minister: if you thought that being a CEO in such a climate was tough, spare a thought for his own business liaison chief. Alex Hickman, a co-founder of the [...]

  • Dominic Raab intervened to increase legal watchdog’s fining powers

    June 15, 2022

    Justice secretary Dominic Raab personally intervened to push forward plans to increase the solicitor’s watchdog’s fining powers, after MPs called for a toughening up of the regulator, to deter law firms from working for oligarchs. The Deputy Prime Minister “sought the views” of the Law Society, Solicitors Regulation Authority (SRA), and Legal Services Board, whilst [...]

  • Law firms join forces to press claims on Woodford fund collapse

    June 15, 2022

    Two of the law firms pressing claims over the alleged mismanagement of the now collapsed Woodford Equity Income Fund are looking to join forces in a bid to win redress for investors.

  • Clinton-backed initiative promises to fix VC funding gaps for underrepresented tech founders

    June 14, 2022

    A new global initiative to increase funding for underrepresented founders backed by Hillary Clinton and Cherie Blair has been announced this morning.

  • Exclusive: Sadiq Khan calls it a ‘national disgrace’ almost 10,000 tower blocks still have unsafe cladding like Grenfell

    June 10, 2022

    Sadiq Khan has branded it a “national disgrace” that almost 10,000 tower blocks still have unsafe cladding, as the country prepares to mark five years since the Grenfell disaster. The London Mayor made his comments after data from the department for Levelling Up laid bare that hundreds of thousands are still at risk from living [...]

  • Donald Trump said Mike Pence ‘deserves’ to be hanged as rioters stormed the capitol

    June 10, 2022

    Former US president Donald Trump purportedly told advisors that he agreed with those storming the US Capitol in their calls to “hang Mike Pence”. The 45th president of the United States purportedly told a room full of staff that “Mike Pence deserves it,” whilst his supporters rioted at the heart of Washington D.C, Liz Cheney, [...]

  • Boris Johnson has until autumn to save his job, Lord Frost says

    June 10, 2022

    Prime Minister Boris Johnson has until the autumn to set out a clear Conservative vision for the future or face being ousted by his own MPs, his former Brexit minister, Lord Frost, has warned. Despite having survived a bruising vote of confidence on Monday, Lord Frost said the Prime Minister could not afford to ignore [...]

  • Mayor pleads with DfT to hold urgent talks over TfL long-term funding

    June 10, 2022

    London mayor Sadiq Khan has pleaded with the Department for Transport (DfT) to hold talks over reaching a long-term funding for the battered Transport for London (TfL). The latest funding round amounted to £200m and is set to expire on 24 June. “While we are grateful for the support you have provided to date, its [...]

  • Sadiq Khan warns Londoners to brace themselves for more violent crime due to cost of living crisis

    June 9, 2022

    The Mayor of London, Sadiq Khan, warned this morning the cost-of-living crisis could lead to more violent crime. Khan spoke of his fears that progress in tackling violent crime could be jeopardised as figures show that London’s knife and gun crimes plus teenage murders have been reduced. “We must acknowledge that the spiralling cost of [...]

  • Growth warning should inject some urgency into Tories’ economic plans

    June 9, 2022

    PERHAPS it was the fact that Boris Johnson was so close to losing his own that has converted him to the cause of expanding home ownership. Either way, he’s a welcome addition to the cause to – in the words of the popular twitter meme – build some bloody houses. The question is whether, scarred [...]

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