FCA set for clampdown on ‘wild west’ of social media ‘finfluencers’ July 17, 2023 The FCA is set to target 'finfluencers' and firms flogging financial products online with illegal or misleading adverts.
Analysis: A crackdown on university degrees July 17, 2023 It's about the debt - the £206bn pile eating away at the Exchequer - stupid.
All you need to know about this week’s by-election battles July 17, 2023 With Parliament set to break up for summer recess this Thursday, MPs of all stripes are preparing to head back to their constituencies for the summer. But before the long August holidays, there could be some political upsets in store. Voters in three constituencies of Uxbridge and South Ruislip, Selby and Ainsty and Somerton and [...]
Oliver Bonas: Boss says Brexit ‘teething problems’ holding back Irish expansion July 17, 2023 The founder of homeware store Oliver Bonas has complained of the “teething problems” related to Brexit, which is making it difficult to grow his brand in Ireland. Olly Tress told The Times that the firm’s expansion plans in the country are “oven ready,” but the fallout from Brexit has made it “hard and expensive to [...]
‘He doesn’t like women’: Tory hopeful Susan Hall gets personal in bid to unseat Sadiq Khan July 17, 2023 With three by-elections approaching, the race between the now-two Tory hopefuls vying to take on Sadiq Khan in the 2024 mayoral election has taken something of a backseat. But following the exit of former No10 advisor Daniel Korski, the odds have shortened for both those standing. Former Conservative group leader in the London Assembly Susan [...]
Goldman Sachs has a ‘culture of bullying’ according to ex recruitment chief July 17, 2023 Goldman Sachs has been accused of having a “culture of bullying” by a former recruitment executive in the latest example of banks taking flack for their intense work culture. According to The Daily Telegraph, Ian Dodd, who worked for the American banking giant in London between 2018 and 2021, claimed that staff often sobbed through [...]
National Audit Office launches probe into FCA as regulator sizes up crypto and AI July 17, 2023 The National Audit Office (NAO) has launched a probe into the functions of the City regulator as its remit swells to take on oversight of technologies like cryptoassets and artificial intelligence.
Kremlin seizes Danone and Carlsberg subsidiaries in latest sanctions pushback July 17, 2023 The Russian state has taken control of French yoghurt maker Danone’s Russian subsidiary along with beer company Carlsberg’s stake in a local brewer, according to a decree signed by President Vladimir Putin on Sunday. The decree said that foreign-owned stakes in Danone Russia and Baltika Breweries were being put under the “temporary management” of government property agency Rosimushchestvo. It comes after the Russian subsidiaries of Germany’s Uniper and Finland’s Fortum were taken under state control in April. The Kremlin warned [...]
Citi’s European boss says London has not been diminished by Brexit July 17, 2023 Citigroup’s European head has said that Brexit has not impacted the City anywhere near as much as experts predicted. In an interview with The Daily Telegraph, David Livingstone, Citi’s Europe, Middle East and Africa boss, said the City has “not been diminished” by Brexit, despite attempts by the EU to attract more firms to the [...]
Crypto markets idle following last week’s flurry of trading activity July 17, 2023 Bitcoin is trading below $30,300 this morning, moving sideways along with the majority of other crypto markets.
