City watchdog will not oppose Amigo rescue plans in boost for firm’s survival April 11, 2022 The City watchdog has announced it will not oppose new rescue plans for beleaguered sub-prime lender Amigo Loans, after it blocked a proposed compensation scheme for customers last year.
Make like a Bridgerton and book 18th century period property Keythorpe Hall – with its own staff April 11, 2022 Whether you’re a fan of Regency-era period drama Bridgerton or can’t stand the sight of it, retreating to a stately pile in the English countryside has always been a pleasant experience, especially for Londoners. Even though restrictions have lifted for foreign travel I still love nothing more than a simple drive out of the capital [...]
Russian invasion to nearly halve size of Ukraine economy April 11, 2022 Russia’s brutal invasion of Ukraine is set to deal the country a seismic economic shock alongside triggering a humanitarian crisis, reveals official forecasts published today. The Ukrainian economy will shrink to nearly half the size it was last year as a result of the Kremlin’s war, with GDP dropping just over 45 per cent, according [...]
Whitbread boss gives up £729k bonus after Premier Inn owner faces furlough criticism April 11, 2022 The outgoing chief of Premier Inn has relinquished a £729,000 bonus after a row over furlough cash. The Times reported that Whitbread’s chief executive Alison Brittain gave up the deferred bonus after the FTSE 100 firm was criticised for taking £370m in furlough cash and rates relief which it has not repaid. Brittain, the chief [...]
Events group Ascential eyes break up and US listing April 11, 2022 London-listed media and events group Ascential has confirmed today it is exploring spinning off a section of its business, after reports that it was looking to float its digital assets in the US.
Palladium prices soar as London suspends Russian refiners April 11, 2022 Palladium prices have continued to climb today - closing in on $2,500 per ounce following a nine per cent spike last Friday.
Drivers warned about busiest Easter on record as 21.5 million journeys planned April 11, 2022 Drivers were told to brace for the busiest Easter on record, as an estimated 21.5 million trips will be made over the bank holiday. According to automotive insurance company RAC, this year will be the busiest since it started recording traffic data in 2014. “After two years of relatively quiet Easter bank holidays on the [...]
Crypto firm Copper poaches BoA team for prime broker product April 11, 2022 Crypto startup Copper has poached a team of Bank of America executives to build a prime brokerage product.
Priti Patel condemns ‘eco mob’ for forcing closure of one in three petrol stations in southern England April 11, 2022 Hundreds of environmental activists have taken part in direct action against petrol terminals, causing one in three fuel stations in the south of England to close. Campaigners from Just Stop Oil continued direct action against fossil fuel-linked firms, targeting three major fuel depots in Hertfordshire, Essex and Warwickshire over the weekend. The group said more [...]
NBA chairman Larry Tanenbaum eyes Chelsea FC consortia April 11, 2022 The chairman of the National Basketball Association Larry Tanenbaum has joined one of the leading consortiums gearing up to takeover Chelsea FC. Backing Steve Pagliuca’s offer for the London club, sources told Mark Kleinman for Sky News that Tanenbaum has joined the Facebook co-founder Eduardo Saverin in backing the upcoming bid. As well as chairing [...]
