John Witherow steps down as editor of The Times after almost a decade September 27, 2022 John Witherow is stepping down as editor of The Times with immediate effect after nearly a decade in the role.
Serica’s profits surge 8,840 per cent amid soaring oil and gas prices September 27, 2022 Soaring oil and gas prices and booming production has powered Serica Energy to an 88-fold surge in profits year-on-year.
Exclusive: Yu Energy warns six-month business support will not be enough September 27, 2022 Market volatility will endure beyond this winter and businesses could face ultra-high energy bills well into next year, warned the boss of challenger supplier Yu Energy.
Virgin Atlantic boss calls on Govt to make ‘difficult decisions’ and bring pound up September 27, 2022 Virgin Atlantic’s boss Shai Weiss has called on Prime Minister Liz Truss to make “difficult decisions” and bring the pound’s value up. “The message to the government is pretty clear in my mind,” he told journalists on Tuesday morning. “Prime Minister Liz Truss has taken difficult decisions upon entering the role. “Maybe you need to [...]
Hedge funds reap rewards after bets against bonds September 27, 2022 A crop of hedge funds have been reaping bumper profits from a plummeting pound this week after wagering against government bonds and sterling ahead of Kwasi Kwarteng’s tax cutting ‘mini-budget’ on Friday.
Curing cataracts in Nepal’s Bajhang district September 27, 2022 The Bajhang district is in Nepal’s remote far-western region and boasts untamed natural beauty. However, the district is also one of the country’s most isolated regions. For those seeking primary healthcare services, they would have to reach the district’s headquarters in Chainpur, and for any other specialised health service, they would have to make a [...]
Thornberry vows to crack down on corporate fraud if Labour wins election September 27, 2022 Labour has vowed to crack down on corporate fraud if it wins the next election by making it easier to prosecute firms for illegal conduct. Shadow attorney general Emily Thornberry said “fraud is now the UK’s most commonly-experienced crime”, calling it “an epidemic that the government has ignored and dismissed”. The proposed policy would see [...]
Former City minister: Scrapping bonus cap could have waited ‘a little longer’ September 27, 2022 John Glen, the former City minister, has said the decision to scrap the bankers’ bonus cap should have waited amid a cost of living crisis. Glen told the Following the Rules podcast that the removal of the cap, announced last week by new Chancellor Kwasi Kwarteng, “was something that I would have deferred for a [...]
Sterling crash: Plenty of blame to go round but much of it falls on the Bank September 27, 2022 The British economy has been through a lot in recent years but a full-scale currency crisis still wins points for novelty. But for all the sound and fury of yesterday’s market movements and the so-called sterling crash, the panic is overdone. Much of the blame for yesterday’s excitement lies, rightly, with the government. This newspaper [...]
Bitcoin back over $20k after mini breakout as cryptocurrencies counter equity markets September 27, 2022 A mini breakout yesterday has seen the price of Bitcoin recover to more than $20k for the first time in ten days.