Explainer: New voter ID policy gets its first mass test in today’s local elections May 4, 2023 After weeks of campaigning, cautious statements from our political leaders and even more cautious statements from pollsters, today is the day. It’s local election time. There are many considerations to be made about what the results will – or won’t – tell us about the next general election. But what makes these local elections unique [...]
Jack Grealish and Oliver Heldens spin the decks with a DJ set in the OKX Collective metaverse May 4, 2023 Manchester City star Jack Grealish and legendary DJ Oliver Heldens today performed a virtual DJ set together with OKX.
Shell to pay £400m in windfall taxes this year after bumper first quarter earnings May 4, 2023 Shell has confirmed it will pay just under £400m in windfall taxes this year, after bumper first-quarter profits.
Sunak: Politics no longer ‘box set drama’ as local elections open May 4, 2023 Prime Minister Rishi Sunak has said politics is moving away from a “box set drama” style following months of turbulence. His comments came on the eve of local elections across England today (4 May) with requirements for voters to present photo ID at the ballot box coming in for the first time. Sunak is facing [...]
Boohoo settles £156m court case over fake discount claims May 4, 2023 Boohoo has settled a staggering $197m (£156m) US court case in which the fast fashion giant was accused of faking discounts for customers. The pure-play online retailer, which also owns Pretty Little Thing and Nasty Gal, was accused of engaging in a “deceptive pricing scheme”, with the court filing claiming Boohoo would falsely raise the [...]
Brits yank record £4.8bn from banks after Credit Suisse and SVB failures May 4, 2023 Brits yanked a record amount of cash out of banks in March, sparked by concerns over the health of the global financial system following the collapse of Silicon Valley Bank (SVB) and Credit Suisse, official figures out today reveal. Household deposits at UK banks shrunk £4.8bn in March, the highest monthly fall since the Bank [...]
Biden’s crypto mining tax simply wouldn’t work in the UK… or the US, for that matter May 4, 2023 Biden's proposal, which would see crypto mining operations face a 30 per cent tax on energy, could be implemented by next year.
Pacwest explores potential sale as US banking turmoil looks set to roll on May 4, 2023 After its share price tanked 50 per cent yesterday, Pacwest confirmed late last night that it was exploring "all options to maximise shareholder value" following reports that it was looking at a potential sale.
Vodafone and CK Hutchinson close to merging UK telecoms businesses May 4, 2023 Vodafone and CK Hutchinson are close to agreeing a merger of their UK telecoms businesses, according to reports. The new company would have an enterprise value of £15bn and would be the UK’s largest mobile provider with 28m customers, the Financial Times reported on Thursda, citing people familiar with the matter. The move to combine [...]
Coronation weekend: Brits to splash out an extra £3bn on food, drink and entertainment May 4, 2023 Brits are expected to ring in the Coronation of King Charles III this weekend in the time honoured tradition of emptying their wallets faster than usual. It is predicted consumers will fork out around £8bn over the Coronation bank holiday weekend, with £3.22bn more spent than during a typical May bank holiday. Of the £3bn [...]
