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 [...]
Russian economy plunged into turmoil by rampant inflation after exodus of household brands April 10, 2022 Russian consumers are being squeezed by the ripple economic effects of President Vladimir Putin’s brutal invasion of Ukraine. A host of western corporates pulling out of Moscow, a severe depreciation in the rouble and sharp supply and demand imbalances has sent inflation in the country soaring. Russian firms have been scrambling to secure supplies of [...]
Sunak’s wife to pay UK tax on overseas income April 10, 2022 Rishi Sunak’s wife will pay UK tax on her overseas income after a row over the appropriateness of her non-dom status, she announced yesterday. The Chancellor’s wife, Akshata Murty, an Indian national, said she will pay UK taxes on her foreign income to avoid becoming a “distraction” for her husband’s political career. Critics have accused [...]
Compartment No 6 continues a fine lineage of train-based romance movies April 10, 2022 If TikTok celeb Francis Bourgeois has taught us anything, it’s that trains can be exciting. Cinema shares that sentiment, with memorable classics including Brief Encounter and Strangers On A Train giving the everyday form of transport a sense of romance. Juho Kuosmanen’s drama Compartment No 6 may not have the same sweeping sentiment, but it [...]
