‘Little difficulty’ proving Qatar booze deal breached, but top lawyers say it may not mean a legal row November 18, 2022 Budweiser will have “little difficulty” proving there has been “breach of contract” after Qatar banned alcohol in stadiums for the World Cup, but top lawyers say it may not lead to a massive legal row. The beer brand’s owners AB InBev were left in a state of shock this morning after Qatar announced booze would [...]
Qatar World Cup: In dramatic U-turn alcohol banned in stadiums, Budweiser outraged November 18, 2022 Qatar World Cup officials have launched a stunning and abrupt U-turn, banning alcohol in its stadiums. The tiny Gulf kingdom is set to outlaw the consumption of beer in grounds, owing to its strict Muslim laws which prohibit alcohol. It had been promised before the tournament there would be areas where fans could drink, with [...]
Police cordon off Houndsditch over report of person ‘falling from height’ November 17, 2022 Police were called to an emergency in the heart of the Square Mile today amid reports a person was “falling from height”. The incident unfolded at around 2pm in Houndsditch, with police putting up a cordon and urging the public to stay away. In a tweet sent this afternoon, the force said: “Officers from the [...]
As it happened and live reaction: Jeremy Hunt’s Autumn Budget 2022: UK is now in recession November 17, 2022 Welcome to City A.M.’s live updates as the Chancellor of the Exchequer, Jeremy Hunt, delivers the government’s Autumn Budget for 2022. Here the news team will bring you all the key points, policy changes, opinion, analysis, responses from experts, industry reaction and more. Get in touch and let us know your views via news@cityam.com or [...]
Private landlord titan Grainger’s profits surge by 96 per cent due to strong rental demand November 17, 2022 The UK’s largest listed residential landlord Grainger reported a huge boom in profit before tax of 96 per cent off the back of soaring demand. The company’s books looked healthy for the financial year with net rental income up 22 per cent and record occupancy 98 per cent levels. This comes as millions of people [...]
Delinquent tax balloons to £38bn as HMRC walks ‘fine line’ to avoid mass insolvencies November 16, 2022 Unpaid tax has ballooned by 10 per cent to almost £38bn in the last three months of the year, but HMRC is concerned about triggering a wave of insolvencies. HMRC denied claims it is ramping up its debt collection, as it comes under increasing pressure to chase up delinquent payers in a time of economic [...]
Dominic Raab asks Rishi Sunak to launch investigation into two bullying complaints November 16, 2022 Dominic Raab has written to the Prime Minister asking for an investigation into two bullying complaints made against him. The Deputy Prime Minister, Lord Chancellor and Justice Secretary said he would “fully cooperate” with the probe and welcomed “transparency”. This comes after he was notified of two separate complaints made against him from during his [...]
House prices up almost 10 per cent on last year as London’s average reaches £544k November 16, 2022 House prices increased almost 10 per cent on last year but were unchanged over August and September, new figures have revealed. The Office for National Statistics’ house price data showed a 9.5 per cent jump over 2022 to September, down from 13.1 per cent in August 2022. House prices however remained unchanged since August 2022, [...]
Russia launches ‘massive raid’ on Ukraine with 100 missiles hitting cities and cutting off power November 15, 2022 Ukraine has come under a renewed wave of missile attacks from Russia with at least 100 hitting the capital Kyiv after its president addressed the G20. Kyiv, Lviv and Rivne were among western cities targeted by the Kremlin today, in addition to multiple cities in the east and south. Parts of the west were impacted [...]
Ronaldo’s explosive interview with Piers Morgan: Man Utd could ‘rip up’ contract, top sport lawyer says November 15, 2022 Manchester United are within their right to “rip up the contract” of star forward Cristiano Ronaldo following his explosive interview with Piers Morgan this week. The comment from the head of Sport at Mishcon de Reya comes after the Portugal forward, considered one of the best players in history, caused shockwaves by saying he feels [...]
