‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Italian lottery operator Sisal mulls joining Camelot’s High Court challenge April 10, 2022 Italian lottery operator Sisal is considering teaming up with Camelot to challenge the Gambling Commission’s decision to pick Czech firm Allwyn to run the UK’s National Lottery. Sisal is weighing up plans to back Camelot’s High Court bid to overturn the Gambling Commission’s decision, after Camelot lodged a legal challenge against the government agency earlier [...]
Binance gets ‘in principle’ thumbs up for Abu Dhabi operation April 10, 2022 Crypto exchange Binance has today been handed an 'agreement in principal' to operate in Abu Dhabi.
Brexit: Truss drops plan for Northern Ireland tax cut after Sunak opposition April 10, 2022 Liz Truss’ plan to give a post-Brexit tax break to Northern Ireland to entice hundreds of companies to return has been blocked by chancellor Rishi Sunak. The foreign secretary wrote to Boris Johnson last month to call for a series of measures to boost trade between Northern Ireland and Great Britain, including tax breaks and [...]
European banking body slams Brussels’ attempted post-Brexit clearing power grab April 10, 2022 Brussels has been slammed by Europe’s own top banking group for trying to force banks in the bloc to close clearing business in the City in an attempted post-Brexit power grab by the EU. The European Commission’s plans to slap banks that do not shift clearing business in London to the Continent with penalties will [...]
Government weighs up plans to float Channel 4 on the stock market April 10, 2022 Culture secretary Nadine Dorries is considering plans to list Channel 4 on the stock market as an alternative to selling it to a rival broadcaster. Officials in the Department for Digital, Culture, Media & Sport (DCMS) are working with JP Morgan on plans to float the TV network in London, after Dorries set out plans [...]
Money saving expert Martin Lewis warns of ‘civil unrest’ as costs soar April 10, 2022 Money saving expert Martin Lewis has warned the UK faces 'civil unrest' as the cost of living crisis worsens.
Week ahead: Bumper week of economic data to jolt the City April 10, 2022 The City will be eyeing a raft of flagship economic announcements this week that will send ripples throughout London’s top indexes. The capital’s premier FTSE 100 index registered a strong week last week, gaining 1.75 per cent. The mid-cap domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, shrank [...]
Lorry drivers carrying fresh meat stuck in 24 hour queues April 10, 2022 British lorries carrying perishable goods want to be prioritised at the port of Dover as enormous queues spoil products.
Sunak considered resigning over his wife’s non-domicile tax status April 10, 2022 Rishi Sunak considered resigning as chancellor last week amid a torrent of stories about his wife having non-domicile tax status in the UK, it has been revealed. It was reported by The Independent last week that Sunak’s wife Akshata Murthy, who is worth around £700m personally and is the heiress to a £3.5bn fortune, was [...]
The Lost City review: Bullock and Tatum shine in lowbrow comedy April 10, 2022 Like her Speed co-star Keanu Reeves, Sandra Bullock is a star who never seems too far from a hit. There’s something about the girl-next-door charm of the Oscar winner that keeps people coming back even in an era where brands are more popular than stars. Having found success with Gravity, Birdbox, and Ocean’s 8 over [...]