Man arrested on suspicion of murder after three killed in Nottingham ‘major incident’ June 13, 2023 Three people have been found dead in Nottingham in what police described as an “horrific and tragic incident”. A 31-year-old man has been arrested on suspicion of murder after two people were found dead in the street in Ilkeston Road just after 4am on Tuesday. A third man was found dead in Magdala Road, Nottinghamshire [...]
“I’ll be back”: Boris Johnson deliberately misled parliament, Privileges Committee to say today – Reports June 13, 2023 Boris Johnson will reportedly be found on Wednesday to have deliberately misled MPs over parties in Downing Street during the pandemic. The Privileges Committee has rejected the former prime minister’s defence that senior officials advised him Covid rules and guidance had been followed in No 10, according to the Times. But Mr Johnson – who [...]
London insurers provide cover for ‘critical’ oil recovery operation on stranded Yemen tanker June 13, 2023 LONDON’s insurance market can add a new feather to its cap – after coming together to facilitate a high-risk operation to prevent a stranded ship causing a potentially catastrophic oil spill. Insurance giant Howden was appointed by the UN’s Development Programme to arrange cover for a procedure that will see more than a million barrels-worth [...]
Bank of England ratesetter: Mortgage pain will affect our decision on interest rates June 13, 2023 The Bank of England’s decision on the interest rate will be shaped by the severity of the coming mortgage shock on households, according to one Threadneedle Street ratesetter. Catherine Mann, who sits on the Bank’s monetary policy committee, said that households had been “very resilient” in the face of inflation so far but said there are [...]
The Notebook: Ian Whittaker is sceptical about AI – plus his take on the Telegraph takeover June 13, 2023 The Notebook is a column where interesting people say interesting things. Today, it’s Ian Whittaker, media analyst and founder of Liberty Sky Advisors Is AI’s biggest benefit its use as a buzzword? BT announced last month it is cutting up to 55,000 jobs as it restructures and stream lines its business. What particularly caught the [...]
London trial: Ukraine’s bank accuses former owners of ‘fraud on epic scale’ and money laundering June 12, 2023 Ukraine’s biggest bank has accused two former owners of “fraud on an epic scale” covered up by “money laundering on a vast scale” at a High Court trial in London. JSC Commercial Bank Privatbank says former owners Igor Kolomoisky and Gennadiy Bogolyubov misappropriated more than £1.5 billion (nearly two billion US dollars). A judge began [...]
Odey not ‘gating’ funds in wake of allegations against founder June 12, 2023 Scandal-hit Odey Asset Management has insisted its funds are not halting investor withdrawals in the wake of assault allegations against its founder, Crispin Odey. The company, which has around 4.4 billion US dollars (£3.5 billion) in assets under management, said all its funds are open “as per usual business” following a report that the boards [...]
Silvio Berlusconi: Ex Italian PM known for sex-fuelled parties, dogged by corruption and scandal, dies aged 86 June 12, 2023 Former Italian premier and media mogul Silvio Berlusconi has died at the age of 86, Italian media has reported. He was Italy’s longest-serving premier despite scandals over his sex-fuelled parties and allegations of corruption. Italian news agency LaPresse reported Mr Berlusconi’s death after he was taken to hospital on Friday for the second time in [...]
Just Stop Oil have cost Met £4.5m in six weeks as slow marches continue to frustrate London workers June 12, 2023 Just Stop Oil (JSO) protests have cost the Metropolitan Police £4.5 million in six weeks, the force said. Activists have been staging demonstrations every day since April 24, mainly marching slowly on major roads in London, but also disrupting high profile events like the Chelsea Flower Show, Gallagher Premiership rugby final at Twickenham and World [...]
Bread, beef, watermelon and salad dressing: Waitrose joins supermarket war cutting price of 200 products June 12, 2023 Waitrose has slashed the price of more than 200 products as part of a £100 million investment plan to lower customer bills. The supermarket has cut the cost of more than 100 products by at least 10 per cent , with everyday items such as bread and mince receiving some of the biggest reductions. The [...]