‘Kaboom!’ Ukraine announces recapture of Black Sea’s strategically important Snake Island June 30, 2022 Russia have abandoned the Ukrainian Black Sea outpost of Snake Island in a strategic victory for Kyiv against the Kremlin’s blockade. Ukrainian president Vlodymyr Zelensky’s office announced the major coup after Russia’s defence ministry said it withdrew as a “gesture of goodwill”. Its supposed gesture was done, according to Reuters, was to prove the Kremlin [...]
Square Mile’s post-pandemic leisure revival to be spearheaded by top West End marketing guru June 30, 2022 The West End’s top marketing guru has been brought on board by the Square Mile to lead its post-pandemic leisure revival. Luciana Magliocco will spearhead Destination City, in a bid to “redefine” the oldest part of the capital after multiple lockdowns hit retailers, pubs and bars hard. Three big events are already planned for Autumn, [...]
‘Practically treacherous’: Ex F1 boss Bernie Ecclestone lambasted for saying he’d ‘still take a bullet for Putin’ June 30, 2022 Formula 1’s Bernie Ecclestone has defended Russia’s president Vladimir Putin, saying despite the war in Ukraine: “I’d still take a bullet for him.” The controversial former motorsport boss, 91, made his remarks on Good Morning Britain, when asked, “do you still regard him as a friend, do you still stand by that feeling towards him?” [...]
City of London elections: Biggs wants to bring the City back to life June 30, 2022 As the City of London prepares for elections, one candidate wants to reinvigorate the Square Mile. Nigel Biggs is one of five hopefuls in the Walbrook Ward for the forthcoming 7 July vote in the City of London, a municipality which has been functioning since at least 1032. With people spending more time working from [...]
Russia’s second-richest man and Putin’s cousin are latest targets for UK sanctions June 29, 2022 Russia’s second richest man and president Vladimir Putin’s first cousin once removed are he latest targets of British sanctions against the Kremlin. Owner of major conglomerate Interros, Vladimir Potanin, has been targeted by the UK government because he “continues to amass wealth” that supports Russia’s war against Ukraine. Potanin, who acquired Rosbank and shares in [...]
Twitter storm after Halifax Bank announces staff can wear badges with pronouns on June 29, 2022 Halifax Bank has caused a social media storm after announcing its employees will have the option to include pronouns on name badges. Twitter users reacted furiously after the bank shared an image on social media showing a staff member’s badge, including ‘she/her/hers” and “Pronouns matter. #ItsAPeopleThing”. The post has had more than 5.5k replies so [...]
‘Extreme caution’ urged over census data collected in pandemic despite ONS saying it has ‘full confidence’ in its figures June 28, 2022 Census figures collected during the national lockdown should be treated with “extreme caution” according to a council leader, after appearing to leave off three per cent of the capital’s population. It has been claimed that the Office for National Statistics’ latest data failed to include 300,000 Londoners compared to the previous projection, despite the organisation [...]
‘War crime’: NATO to up troop numbers as shopping mall blaze branded ‘one of most brazen terror attacks in European history’ June 28, 2022 NATO is set to increase troop numbers by up to 300,000, as Russia’s missile strike on a Ukrainian shopping mall has been branded “one of the most brazen terrorist attacks in European history” by Ukraine’s president. Vlodymyr Zelensky condemned the “calculated hit” against a shopping centre with 1,000 people inside, in the city of Kremenchuk [...]
Jupiter boss Andrew Formica to step down after ‘extremely challenging’ period June 28, 2022 The boss of Jupiter Fund Management Andrew Formica has announced he will retire as CEO later this year after a turbulent period at the helm of the London-listed investor. Formica, who joined the firm from Janus Henderson in 2019, will step down as chief executive and director on 1 October and hand over the reins to [...]
Newly minted: Challenger bank Kroo is just second to be granted BoE licence since August 2016 June 27, 2022 There’s a new bank on the block with digital company Kroo receiving the first licence issued by the Bank of England since early 2021. The FinTech firm becomes just the second to get a green light since 2016, after completing a number of tasks to prove its robustness, compliance, risk management and leadership. Kroo was [...]
