Rishi Sunak: 2030 petrol and diesel car sale ban is here to stay July 31, 2023 The 2030 ban on the sale of petrol and diesel vehicles will remain as a government policy, Prime Minister Rishi Sunak has said. Speaking on BBC Radio Scotland’s morning show, Rishi Sunak insisted a ban on “sale of new cars,” has been the policy “for a long time,” and “remains the government’s policy.” “I’m committed [...]
Capita picks Amazon exec to lead outsourcing giant July 31, 2023 London-listed outsourcing firm Capita is undergoing a change of leadership as CEO Jon Lewis steps down, passing the baton to Adolfo Hernandez. After over five years at the helm, Lewis is retiring as chief executive and board director, leaving the company in the hands of Hernandez, a seasoned tech expert with 30 years of experience, [...]
Crypto markets flatten out as August’s traditional slowdown beckons July 31, 2023 Bitcoin started the week circling the same level as last week - just below $30,000 - following a short-lived dip yesterday.
Savings rates: Nine big banks face ‘robust’ action if they can’t prove fair value July 31, 2023 The nine largest banks have passed on just 28 per cent of base rate increases in easy access savings accounts since the beginning of last year, as the City watchdog issued a new set of rules to ensure savers get a fair deal. Under new rules coming into place, the Financial Conduct Authority (FCA) said [...]
Eurozone economy pulls away from recession as inflation slips again to 5.3 per cent July 31, 2023 The European economy is outperforming expectations and pulling away from recession as inflation continues to descend, official data out today shows. Growth across the 20 countries that use the euro hit 0.3 per cent in the three months to June, according to the bloc’s statistics agency Eurostat. That topped analysts’ expectations of a 0.2 per [...]
FTSE 100 close: London markets finish higher but investors cautious before BoE rate hike July 31, 2023 London’s FTSE 100 closed slightly higher this afternoon, after a tempered start to a week in which the Bank of England is expected to hike interest rates to their highest level since 2008. The capital’s premier index kicked off down 0.26 per cent, before bouncing back by close to 0.17 per cent on stronger than [...]
Immigration minister Jenrick denies abandoning briefcase on train July 31, 2023 Immigration minister Robert Jenrick is facing claims that he left his ministerial briefcase unattended on a train. The Sun newspaper reported that witnesses had seen the Home Office minister leave his red box unattended for at least four minutes. A spokesman for the minister strongly denied any suggestion that the politician had abandoned the box. [...]
Russia hit by drone attacks as Ukraine fights back with buildings hit miles from the Kremlin July 31, 2023 Ukraine attacked Russia with drones on Sunday, damaging two office buildings just miles from the Kremlin and a pig-breeding complex on the countries’ border. The attacks, which Ukraine did not acknowledge in keeping with its security policy, reflected a pattern of more frequent and deeper cross-border strikes the Kyiv government has launched since starting a [...]
Sunak bids to woo North Sea industry with hundreds of new oil and gas licences July 31, 2023 Sunak has pledged hundreds of new oil and gas licences, two new carbon capture clusters and review on the sector's tax regime
Vanquis Banking Group acquires Dame Jane-Anne Gadhia’s fintech AI app Snoop July 31, 2023 Vanquis Banking Group has announced the acquisition of the fintech firm Snoop for an undisclosed sum. Snoop, founded by Dame Jayne-Anne Gadhia in 2019, provides its customers with “personalised insights” by using AI and open banking data to help them manage their finances. Gadhia was formerly boss of Virgin Money and lead the government’s 2016 [...]
