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      Threats to financial system ‘on steroids’ after AI boom, FCA chief warns

      Nikhil Rathi, chief executive of the FCA.

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People

  • Watch: Russians forced to rethink summer travel plans as sanctions and anti-Russian sentiment bite

    May 24, 2022

    Russians are rethinking their summer travel plans abroad amid rising prices and fears of growing anti-Russian sentiment. Watch the full report.

  • Partygate: Sadiq Khan urges Met to provide ‘urgent clarity’ on picture showing Downing Street lockdown drink

    May 24, 2022

    Sadiq Khan has called on the Met Police to provide “clarity”, as to why Boris Johnson was not fined for a November 2020 Downing Street gathering revealed in a leaked picture yesterday. The Mayor of London made his comments after ITV News published an image of the prime minister raising a glass during a gathering, [...]

  • Fresh woes for Boris Johnson as Tory MPs renew calls for PM to step down over Partygate

    May 24, 2022

    Boris Johnson faces fresh woe today after Tory MPs renewed calls for the Prime Minister to resign. Peter Aldous said he had not withdrawn his letter of no confidence in Mr Johnson to the 1922 Committee as others are reported to have.  “I haven’t, no. I thought long and hard back in late January, early [...]

  • Send poorest Brits a cheque and don’t hike corporation tax, George Osborne tells Rishi Sunak

    May 23, 2022

    Former Chancellor of the Exchequer George Osborne is convinced a windfall tax is coming, despite the squabbling between Numbers 10 and 11, while also saying he would put a cheque in the post to the poorest families in the UK. Moreover, he disagrees with present Chancellor Rishi Sunak over the proposed rise in corporation tax. [...]

  • Senior Tory shrugs off partygate: Boris Johnson was given ‘a fine for eating a slice of cake between meetings’

    May 23, 2022

    Prime Minister Boris Johnson was given a fixed-penalty notice by the Metropolitan Police for eating a “slice of cake between meetings”, a minister said this morning. Simon Clarke, Chief Secretary to the Treasury, told ITV’s Good Morning Britain: “I do have confidence (in Boris Johnson) because the Prime Minister has apologised and I know very [...]

  • Jeremy Hunt says Boris Johnson should not have imposed lockdowns as he signals Tory leadership challenge is coming

    May 23, 2022

    Former Health Secretary Jeremy Hunt said Boris Johnson was wrong to impose lockdowns during the Covid-19 pandemic and said he would not rule out a leadership challenge. Hunt was also highly critical of Boris Johnson for making “mistakes” during the crisis. Asked about lockdowns on GB News, Hunt said: “I actually thought we could have [...]

  • Boris Johnson should take a lesson from Emmanuel Macron to boost UK’s economic growth

    May 23, 2022

    Boris Johnson should follow in the footsteps of Emmanuel Macron by ensuring Britain is made a “natural home for investors,” the Centre for Policy Studies (CPS) has said. In launching a new 10-point manifesto to boost Britain’s economic growth, the CPS published new researching showing investors are worried about the UK’s trajectory and concerned about [...]

  • When Musk met Bolsonaro: Brazilian President says Twitter takeover will be a ‘breath of hope’

    May 20, 2022

    Brazilian President Jair Bolsonaro has said that Elon Musk’s proposed takeover of Twitter was “a breath of hope” for him. Bolsonaro said that he hoped the U.S. billionaire would show the world during Musk’s visit to Brazil how much the country does to protect the Amazon. The two will discuss a potential partnership on rural [...]

  • Johnson: Can’t ‘magic away’ cost of living problems but UK will draw on ‘fiscal firepower’

    May 20, 2022

    Boris Johnson has said the government will have to draw upon its “fiscal firepower” to get through the cost of living crisis, but there is no way he can “magic away” the problem. Speaking at a conference in Wales today, the prime minister said Britain will “get through” its current problems, marked by a 40-year [...]

  • Monkeypox: Sajid Javid and WHO hold meeting after UK virus cases double to 20

    May 20, 2022

    Health Secretary Sajid Javid and the World Health Organisation are held meetings to discuss the Monkeypox outbreak in the UK following a doubling of cases. After two cases of the virus were reported on Thursday a further 11 were recorded today, taking the total to 20 – amid fears it may be spreading quicker than [...]

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