“Writing on the wall”: Boris advisor on why ex-PM quit Parliament June 10, 2023 Boris Johnson has been accused of being a coward for quitting as an MP before the findings of a cross-party investigation into whether he lied to the Commons has been published. Angela Rayner, Labour’s deputy leader, said the former prime minister had “jumped” to avoid facing a potential by-election in his marginal constituency. Mr Johnson [...]
Breaking into a Web3 Sprynt to make cryptocurrency work for all June 10, 2023 Selin Suntay, co-founder of Sprynt, talks to Jillian Godsil about trading and the technology underpinning distributed ledger.
Wall Street: US stocks inch higher before next week’s busy slate of updates June 10, 2023 US stocks inched higher on Friday to close a listless week for Wall Street, as investors wait for next week’s slate of potentially market-moving updates. The S&P 500 rose 4.93, or 0.1 per cent , to 4,298.86 to cap its fourth straight winning week, the Dow Jones Industrial Average added 43.17, or 0.1 per cent [...]
Greggs on track to roll out 150 new stores across UK – and could accelerate plans June 10, 2023 The boss of Greggs has said the bakery chain is on track with plans to open 150 new shops across the UK. The sausage roll seller said it will open new stores in Cornwall and other areas where it currently has fewer sites as part the group’s rapid expansion plan. Greggs currently runs around 2,300 [...]
Have you seen him? City boss gets 14 years over £70m Ponzi scheme – but is on the run June 9, 2023 A City boss compared to the The Wolf Of Wall Street has been sentenced to 14 years’ imprisonment in his absence over a £70 million Ponzi-style investment scam. Anthony Constantinou, 41, went on the run during his seven-week Southwark Crown Court trial and is thought to be in Turkey or Dubai after being stopped in [...]
Why did HSBC withdraw mortgage deals for new borrowers? June 9, 2023 HSBC has temporarily withdrawn mortgage deals for new borrowers as the turbulence that has engulfed the UK mortgage market over the past few weeks continued. The bank removed products for new residential and buy-to-let products on Thursday, with new more expensive deals becoming available on Monday. HSBC had originally set a deadline of 5pm on [...]
What the Windfall?! Debunking what just happened and why the industry’s not happy June 9, 2023 The government has made changes to the Energy Profits Levy - known as the windfall tax - here's what it means.
Searches for pools up 438 per cent as millions of burgers and sausages to be sold for first BBQ weekend June 9, 2023 The sale of barbecue food, ice-cream and inflatable pools have skyrocketed, as Brits prepare for the first BBQ weekend of the summer. Supermarkets Tesco, Asda and Sainsbury’s have all reported huge spikes in the sale of meat, as millions will enjoy the hot weather and have the first barbecue of the summer. This comes after [...]
Explainer: The impact of floods on Ukrainian farmlands after the destruction of the Kakhovka dam June 9, 2023 On Tuesday, the Kakhovka hydroelectric power plant and dam in Ukraine was destroyed, causing floods of disastrous proportions. The dam was the largest reservoir in the country in terms of volume. Ukraine blamed it on Russia, saying it destroyed the dam to block Ukrainian troops in their counter-offensive. Russia, of course, blamed Ukraine, without providing [...]
Why the UK should capitalise on its competitive advantage in crypto June 9, 2023 Neil Foster of Brown Rudnick details the massive opportunity for the whole crypto industry laid out at the UK's door waiting to be seized.
