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By: City A.M. Reporter

All 2878 Articles
  • ‘Cowardly’: Sunak delivers damning verdict on Iranian regime after UK national Alireza Akbari executed

    January 14, 2023

    Rishi Sunak has condemned Iran’s “callous and cowardly” decision to execute British-Iranian dual national Alireza Akbari. The Prime Minister said he was “appalled” by Tehran’s “barbaric regime” after its state media announced the killing. Foreign Secretary James Cleverly vowed that the action taken by Iran would “not stand unchallenged” by the UK. Iranian state media [...]

  • Ex homeless charity boss spent thousands on luxury travel, high-end London restaurants and Apple watches, commission probe finds

    January 14, 2023

    The former boss of a homelessness charity spent thousands of pounds of its money on luxury travel, meals and watches, an investigation has found Lee Dribben, former chief executive of the Ashley Foundation, also used charity funds to buy a surveillance system, according to an inquiry by the Charity Commission. The regulator said it had [...]

  • FTSE 100: London edges ever closer to a new record high

    January 14, 2023

    The FTSE 100 fell short of hitting some all-time highs on Friday after a strong start to the year. Pushing up to fresh five-year highs, the FTSE hit its highest score since the record points it had tallied in May 2018. It closed at 7,844.07 on Friday after briefly peaking at 7,864.95 a little earlier [...]

  • Trump Organisation fined £1.3m for tax fraud

    January 13, 2023

    Donald Trump’s company has been fined 1.6 million dollars (£1.3 million) as punishment for a scheme in which the former US president’s top executives dodged personal income taxes on lavish job perks – a symbolic, hardly crippling blow for an enterprise boasting billions of dollars in assets. A fine was the only penalty a judge [...]

  • ‘Stand up to Brexit purity cult’, Keir Starmer to urge Rishi Sunak in Northern Ireland protocol speech in Belfast

    January 13, 2023

    Rishi Sunak must stand up to the “Brexit purity cult” of Eurosceptics on the Tory benches to find a solution to the Northern Ireland Protocol issues, Sir Keir Starmer will say. The Labour leader will use a speech in Belfast to urge the Prime Minister to take on the European Research Group (ERG) in order [...]

  • Virgin Orbit rocket launch failure to be investigated by UK officials

    January 13, 2023

    UK officials will work with counterparts in the US to oversee an investigation into the failure of Virgin Orbit’s rocket launch mission from Cornwall. The Space Accident Investigation Authority (CAIS) said it will work alongside the Federal Aviation Administration to “ensure that any relevant safety lessons are learnt”. The organisations will oversee Virgin Orbit’s investigation. [...]

  • More strikes: 100,000 civil servants WILL walk out next month after talks with government dubbed ‘total farce’

    January 13, 2023

    A strike by 100,000 civil servants is to go ahead next month after talks with the Government aimed at resolving a bitter dispute over pay, jobs and conditions were dubbed a “total farce”. Cabinet Office Minister Jeremy Quin met with union leaders to discuss growing industrial unrest after weeks of stoppages across the country, including [...]

  • Magners cider owner says cost of living and strikes help sink its profits as Brits stayed away from pubs

    January 13, 2023

    The company behind Magners cider and Tennent’s lager disappointed investors on Friday as it said that strikes and cost of living pressures had eaten into its performance in recent weeks. C&C Group said that it expects operating profit to reach between €84m and €88m (£75 million to £78m) in the financial year. The company had [...]

  • Benjamin Mendy: Premier League footballer for Manchester City cleared of sex attacks and rape

    January 13, 2023

    Premier League footballer Benjamin Mendy has been cleared of sex attacks on four women, as jurors failed to reach verdicts on two others following a six-month trial. The Manchester City star, 28, sitting in the dock at Chester Crown Court, covered his face with both hands, gently rocking back and forth, as the jury foreman, [...]

  • Putin shuffles Kremlin pack as Moscow infighting rages and mercenary Wagner group claims a victory

    January 13, 2023

    As Russian troops wage a ferocious house-to-house fight for control of strongholds in eastern Ukraine, a parallel battle is unfolding in the top echelons of military power in Moscow, with President Vladimir Putin reshuffling his top generals while rival camps try to win his favour. The fighting for the salt mining town of Soledar and the nearby [...]

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