King Charles III: Address to the nation in full September 9, 2022 King Charles III delivered his first address to the nation as Sovereign on Friday evening. Broadcast across the Commonwealth and beyond, the King promised he would lead with “loyalty, respect and love.” Here is King Charles III’s address in full: “I speak to you today with feelings of profound sorrow. Throughout her life, Her Majesty [...]
King Charles III: I will serve with “loyalty, respect and love” September 9, 2022 King Charles III said this evening he felt a sense of loss “beyond measure” at the passing of his mother Queen Elizabeth II in his first address to the nation as sovereign. The new monarch said the Queen’s “dedication and devotion as Sovereign never wavered, through times of change and progress, through times of joy [...]
Asos warn on profits as cost of living crisis hits consumers September 9, 2022 Asos has cautioned over profits after sales fell below expectations in August as consumers tightened their belts in response to rising bills. The online fashion giant said it saw “good growth” in June and July and expects total sales for the year to August 31 to remain within market expectations. However, it said it is [...]
Her Majesty Queen Elizabeth II has died, aged 96 September 8, 2022 Her Majesty, Queen Elizabeth II, has died aged 96 at her Scottish country residence, Balmoral. She served as the Queen of the United Kingdom and of the Commonwealth for 70 years, having come to the throne at the age of just 25. She was born in 1926. Buckingham Palace confirmed the monarch’s passing in a [...]
In memoriam: HM The Queen and the Square Mile September 8, 2022 Her Majesty the Queen was a regular visitor to the City, from major speeches to visiting our most historic church, St. Paul’s Cathedral. The links between the Palace and the City have been strong since Her Majesty’s coronation. At one lunch at the Guildhall, marking the 40th anniversary of her accession to the throne, she [...]
UK insurer Phoenix Group undergoes executive reshuffle September 6, 2022 UK Insurer Phoenix Group has hired the Bank of Ireland’s chief operating officer Jackie Noakes as its new chief transformation officer as part of a wider boardroom reshuffle. Prior to this, Noakes held senior roles at both Legal & General and American Express. Andy Briggs, Phoenix Group chief executive officer, said he was confident that [...]
Letters: A new dawn, same problems September 6, 2022 [Re: Liz Truss will be the next UK Prime Minister, yesterday] We’ve spent the summer listening to Liz Truss and Rishi Sunak fight it out over who will be the next prime minister. Now, we finally have a new prime minister but we have all the same problems we had before the leadership election was announced. [...]
Letters: Failure at the high street bank September 5, 2022 [Re: Fintech lenders have failed to educate FCA on financial crime, August 23] The knowledge gap between financial regulators and digital banks is no surprise. Traditional financial institutions’ largely ineffective financial crime protections make mutual understandings between regulators and providers a rare occurrence. So, when digital banks are called out for their lack of transparency, [...]
Brits ditch the loungewear and head back to the office: John Lewis September 5, 2022 Non-wired bras, velour tracksuits, jigsaws and wall-mounted desks have fallen out of favour with British shoppers as they put the lockdown lifestyle behind them, annual John Lewis sales figures suggest. The retailer’s annual How We Shop, Live And Look report suggests customers are “casting off the trappings of a life in lockdown” with sales of [...]
Rolex price hike in the UK thanks to weak pound sterling September 4, 2022 ROLEX has upped prices of watches sold in the UK as sterling’s weakness had made the brand’s high-end timepieces cheaper to buy here than in other markets. The price hike, first reported by trade publication WatchPro, comes amid growing concern at the strength of the pound, with some analysts suggesting it could near parity with [...]
