Braverman needs to deal in reality and green light drugs testing at UK festivals June 27, 2023 The lack of on-site drug testing at festivals this summer could have harmful consequences. It's part of a broader problem: the Home Office's "war on drugs" rhetoric is unrealistic, writes Elena Siniscalco
Even if Putin is ousted, it is unlikely to bring about the end of the war in Ukraine June 27, 2023 The Prigozhin mutiny over the weekend showed a weakened Vladimir Putin, yet it's unlikely to change the course of the war in Ukraine - which has long turned into a stalemate, writes John Hulsman
KPMG to cut five per cent of US jobs as demand slows June 26, 2023 Big four accountancy KPMG tonight announced a fresh round of layoffs, with plans to cut five per cent of its US workforce. In an internal message seen by City A.M., US chair and CEO Paul Knopp KPMG said: “We do not make the decision lightly. However, we believe it is in the best long-term interest [...]
Tory mayor candidate denies groping allegation in ‘strongest possible terms’ June 26, 2023 A potential Tory candidate for mayor, Daniel Korski, has denied allegations he groped a woman whilst an adviser in Number 10 in the “strongest possible terms” via a spokesperson. Daisy Goodwin, a TV producer and novelist, wrote in The Times that Korski grabbed her breast during a meeting in Downing Street in 2013. A spokesperson [...]
Cornish Lithium faces uncertain future as it scrambles for £10m lifeline June 26, 2023 One of the UK’s future lithium producers is at risk of collapse, unless it can secure £10m financing deal by the end of next month.
FTSE 100 close: Banks regain ground amid interest rate concerns as Vodafone slumps June 26, 2023 London’s FTSE 100 was dragged into the red today, driven by Britain’s largest banks struggling amid concerns about how much higher UK interest rates will go and Vodafone tumbling. The capital’s premier index fell 0.11 per cent to 7,453.59 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of [...]
Alfa Romeo Giulia Veloce review: Last chance saloon June 26, 2023 The Alfa Romeo Giulia is a beautiful and very alluring sports saloon that could be the last of its kind. John Redfern drives it.
Energy suppliers have a duty to help businesses with bills, says EDF exec June 26, 2023 Suppliers have a duty to help businesses stay afloat through easing the conditions of their energy bills, EDF has argued.
Logistics group Shift on the hunt for more deals amid Tuffnells swoop June 26, 2023 Logistics-tech group Shift, which is making a swoop for delivery firm Tuffnells, has said it is eyeing up further acquisitions in the near future, with multiple deals on the horizon. Shift’s founder Jacob Corlett told City A.M. that “we’ve got multiple deals in the pipeline”. “We’re in discussions with different parties of different shapes and [...]
NHS bosses urged to ‘get a grip’ as report finds health service falling behind peers June 26, 2023 NHS leaders have been urged to “get a grip on budgets” as researchers suggested Britain’s health service was falling behind comparable nations. Health think tank the King’s Fund found the UK had “below-average health spending per person” and “lags behind other countries in its capital investment”. And hospitals have “substantially fewer key physical resources” like [...]
