PMQs sketch: Nadhim Zahawi? Don’t know the guy January 25, 2023 Conservative party chairman Nadhim Zahawi is under investigation for failing to pay his taxes, a woman was murdered after an offender was mistakenly allowed to "walk free", and Rishi Sunak is still short (but only a bit shorter than Keir Starmer), Sascha O'Sullivan debriefs on Prime Minister's Questions.
How intelligent automation has become a mainstay of financial services, and what it means for private banking January 25, 2023 The increasing levels of automation in private banking reflects a need to move into the digital age, but it also brings with it challenges. City A.M. sat down with specialist Mark Bruce, chief executive of of Britannia Financial Group to find out how intelligent automation and artificial intelligence is impacting the sector. Mark, why don’t [...]
What windfall? North Sea levy generated £600m less than expected in December January 25, 2023 The new windfall tax on North Sea oil and gas operators failed to generate the expected takings last month, confirmed the OBR.
London needs to learn from the Swiss if it’s to maintain its status as a global crypto hub January 25, 2023 London needs to learn from the Swiss if it’s to maintain its status as a global crypto hub, says SCRYPT's Norman Wooding.
Barclays promotes Wright and brings in ex- Credit Suisse dealmaker Deasy to co-head its investment banking division January 25, 2023 Barclays has appointed Taylor Wright and Cathal Deasy as new co-heads of investment banking yesterday. Wright and Deasy will jointly manage the business and will be tasked with “deepening client relationships and dealmaking efforts around the world”. They will replace John Miller and Jean-Francois Astier and report to Paul Compton, global head of Barclays’ corporate [...]
Tullow Oil faces hefty £243m tax bill in Ghana following bumper revenues January 25, 2023 Tullow Oil is facing a hefty £243m ($300m) tax bill in Ghana - home to the fossil fuel producer's flagship fields.
Bitcoin and Ethereum retrace as traders take profits January 25, 2023 The price of Bitcoin, the leading cryptocurrency, is up 6.95% over the last week and in the green by 34.46% over a month.
Gambling firm In Touch fined over £6m for failing to protect vulnerable customers and money laundering breaches January 25, 2023 In Touch Games has been fined £6.1m for social responsibility and money laundering failings by the Gambling Commission. The gambling firm, which operates 11 websites including bonusboss.co.uk, cashmo.co.uk, drslot.co.uk, jammymonkey.com and slotfactory.com, was charged over not having appropriate policies, procedures and controls in place and not sufficiently considering or implementing the regulator’s money laundering and [...]
Tanks, but no tanks! Biden likely to approve Abrams batch for Ukraine – but it could take months or even years for delivery January 25, 2023 The Biden administration is poised to approve sending M1 Abrams tanks to Ukraine, US officials said Tuesday, as international reluctance to send tanks to the battlefront against the Russians begins to erode. The decision could be announced as soon as Wednesday, though it could take months or years for the tanks to be delivered. US [...]
Ukraine’s other war: Deputy head of Zelensky’s office QUITS as Kyiv roots out corruption while army fights Putin January 25, 2023 A high-level shake-up in the Ukrainian government has cost nearly a dozen senior officials their jobs as the president sought to root out entrenched corruption while conducting the fight against Russia’s invasion. The deputy head of Ukraine’s presidential office quit after President Volodymyr Zelensky pledged to address high-level corruption allegations, including some related to specific [...]
