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      John Healey ‘poised’ to target banks with Budget tax raid

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By: City A.M. Reporter

All 2878 Articles
  • Nigel Farage to launch legal battle with NatWest over debanking saga

    November 11, 2023

    Nigel Farage is to launch a legal fight with NatWest over the debanking saga which culminated in the resignation of chief executive Dame Alison Rose. The former Ukip leader said he is instructing lawyers to take action against NatWest Group, with the aim of turning it into a class action. The banking giant has sought [...]

  • Counter-protesters gather near Cenotaph ahead of pro-Palestine demonstration

    November 11, 2023

    Counter-protesters gathered near the Cenotaph in central London ahead of a pro-Palestine demonstration on Armistice Day which is expected to be one of the largest political marches in British history. A large crowd of people bearing St George’s flags was seen walking along Embankment and shouting “England till I die” shortly after 10 am on [...]

  • Bank of England says lenders to be put through mini budget-style shock tests

    November 10, 2023

    It is intended to replicate some of the chaos and more which was unleashed on markets last autumn after Liz Truss and Kwasi Kwarteng revealed their budget and other moments of turmoil.

  • ‘A long way to go’: Fed chief signals possible interest rate hike

    November 10, 2023

    Jay Powell said he is 'not confident' that the fight against inflation is won, hinting at the need for a further Fed interest rate hike

  • Here’s what’s moving the FTSE 100 and global markets this morning

    November 10, 2023

    Treasury yields climbed as Fed Chair Jerome Powell hinted at the possibility of prolonged higher rates, contributing to a decline in global stocks. The Reserve Bank of Australia cautioned about inflation risks, and a ransomware attack on China’s ICBC disrupted Treasury market trades. The spotlight shifts to UK GDP data and comments from ECB President [...]

  • Evri invests £46m in customer service improvements ahead of Christmas

    November 10, 2023

    Delivery giant Evri has said it is investing £46m to boost its customer service and operations ahead of the busy Christmas period.

  • Former energy minister refuses to back King’s Speech over oil and gas plans

    November 9, 2023

    The Government has proposed the Offshore Petroleum Licensing Bill, which would mandate licences for oil and gas projects in the North Sea on an annual basis.

  • Science superpower? Plans for major £340m science park denied

    November 9, 2023

    Controversial plans to turn part of a golf course into a £340m science park off Oxfordshire M40 have been refused by the planning authority.

  • Apple suffers setback in fight against EU’s £11.3bn tax order

    November 9, 2023

    An EU tribunal made legal errors when it ruled in favour of Apple over a €13bn tax order, an adviser to Europe's top court has said.

  • Christmas ads by John Lewis, Sainsbury’s, M&S and Tesco bring festive spend to record £9.5bn

    November 9, 2023

    AA commercial director Sharon Lloyd Barnes said: “Christmas advertising is an integral part of the festive season.

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