‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Berlusconi: Ex Italy PM and long-time Putin ally blames Russia’s war in Ukraine on president Zelensky February 13, 2023 Former Italian premier Silvio Berlusconi has blamed Ukraine’s president for Russia’s invasion, again putting him at odds with Prime Minister Giorgia Meloni’s support for Kyiv. Mr Berlusconi, whose Forza Italia party is part of Ms Meloni’s right-wing coalition government, is a long-time friend and ally of Russian President Vladimir Putin. He said the war in [...]
Share price plunges for delivery firm DX Group after confirmation of legal claim by rival February 13, 2023 Courier firm DX Group has seen its shares plunge after confirming that a legal claim has been lodged against it by a rival logistics company, accusing it of alleged corporate espionage. Shares in DX tumbled as much as 11 per cent on Monday morning after it said that Tuffnells Parcels Express submitted the claim in [...]
Sir Frederick Barclay: Veteran due at High Court in latest round of money fight with ex wife February 13, 2023 Retired businessman Sir Frederick Barclay is due back at the High Court in the latest round of a fight over money with his ex-wife. A judge ordered Sir Frederick, 88, to hand Lady Hiroko Barclay lump sums totalling £100 million in May 2021 following the breakdown of their 34-year marriage. At the time, Sir Jonathan [...]
Former negotiator Lord Frost urges UK to ‘fully and enthusiastically embrace advantages of Brexit’ February 13, 2023 The UK’s former chief Brexit negotiator has urged the Government to “fully and enthusiastically embrace the advantages of Brexit” as he warned of a plot to undermine the agreement. Lord Frost referred to a “secret” cross-party gathering on foreign affairs, which was held at the Ditchley Park retreat in Oxfordshire last week, as “a further [...]
Watered down: Coffey reportedly backing away on plan to fine firms £250m for major sewage leaks February 13, 2023 Therese Coffey is reportedly backing away from plans to hit water companies with fines of up to £250m for spilling sewage into rivers and seas. The Environment Secretary wants to look at a “range of options”, although sources insisted the £250 million proposal remained on the table. Ms Coffey’s Department for the Environment, Food and [...]
Wallace: UK to review security after ‘airspace intrusions’ in US by alleged Chinese ‘spy balloon’ February 13, 2023 Ben Wallace has announced the UK will conduct a security review after a series of objects in Western airspace were shot down by the US military, including a suspected Chinese spy balloon. The Defence Secretary announced the intended review on Sunday. It comes after US fighter jets shot down an “unidentified object” over Lake Huron [...]
Tensions sharpen after US jet downs fourth ‘unidentified object’ in eight days in wake of China ‘spy balloon’ February 13, 2023 A US fighter jet shot down an “unidentified object” over Lake Huron on Sunday on orders from President Joe Biden. It was the fourth such downing in eight days and the latest military strike in an extraordinary chain of events over US airspace that Pentagon officials believe has no peacetime precedent. Part of the reason [...]
City celebrates ‘human’ business leadership at TLC Lions awards night February 13, 2023 The City’s brightest and best business leaders gathered on Thursday evening last week to celebrate and recognise people and companies that have sought to create a more human working world. Over 240 guests attended the ‘TLC Lions – Being Human Awards 2023’ at the 5-star Pan Pacific London Hotel ballroom. Gian Power, CEO and Founder [...]
Brexit: Signs of progress suggest hope NI Protocol row could finally end February 11, 2023 The UK Government and the EU have reiterated their commitment to finding “joint solutions” to differences around the post-Brexit Northern Ireland Protocol. Foreign Secretary James Cleverly and Northern Ireland Secretary Chris Heaton-Harris held a video call with European Commission vice president Maros Sefcovic on Friday. The protocol was agreed by the UK and EU in [...]
Best and brightest: Could international students be set for exemption from migration targets? February 11, 2023 The Education Secretary may challenge the Home Office’s plan to cut migration, arguing that the financial boost from international students to British universities was “hugely valuable”. Gillian Keegan said she is wanting to expand education export revenues from about £26bn to £35bn by 2030. Speaking with the Financial Times, Ms Keegan said the university sector [...]