Labour calls on Tories to give back £5m in Russian donations February 6, 2022 Labour has called on the Conservative party to give back £5m of Russian-linked donations it has received in the past 10 years. Shadow foreign secretary David Lammy and shadow chancellor Rachel Reeves today also called on the government to crackdown on dirty money being laundered through the City of London. The government has warned President [...]
Global semiconductor shortages are not over, says Volkswagen February 6, 2022 The global automotive industry is not yet out of the woods as semiconductor shortages are expected to continue this year, according to Volkswagen. “The volatile situation will affect us at least beyond the first half of this year. We must continue to fight for every part” said Murat Aksel, Volkswagen’s board member and head of [...]
Ivy owner Richard Caring steps away from battle for Corbin & King February 6, 2022 Ivy owner Richard Caring has signalled he has given up the chase for beleaguered restaurant group Corbin & King. The group behind celebrity haunts including The Wolseley entered administration last month, amid icy relations between Corbin & King’s founders and its majority shareholder. Restauranter Caring has said “at this moment, I am not intending to [...]
Trowers & Hamlins and Bird & Bird give new lawyers a pay rise – but fail to match their US rivals February 6, 2022 City of London law firms Trowers & Hamlins and Bird & Bird have both hiked salaries for freshly qualified lawyers. London firm Bird & Bird has given its newly qualified (NQ) associates a 24 per cent pay rise after upping its NQs salaries by £17,000 from £71,000 to £88,000, according to figures from LegalCheek. The [...]
Shareholders circle as Unilever braces for full year results February 6, 2022 Top shareholders are piling pressure on Unilever over its failed takeover bid for Glaxosmithkline (GSK) ahead of the company's annual results.
Enough is enough: Cressida Dick seeks to root out “poor conduct” from Met February 6, 2022 Met commissioner Dame Cressida Dick has said that “enough is enough” when it comes to body’s “poor conduct and nasty and inappropriate behaviour”. In a letter sent to the 43,000 police officers and staff in the Met’s payroll, Dick said the body’s reputation had been tarnished because of bad behaviour, the Sunday Telegraph reported. “If [...]
Mayor of London calls for register of overseas property ownership to tackle money laundering February 6, 2022 The Mayor of London has called for a register of overseas property ownership to crack down on London being used for international money laundering. Properties in the capital owned by overseas individuals and firms could be sheltering billions of pounds of undeclared funds, Sadiq Khan said. It comes as a report by cross-party MPs found [...]
Ministers wasted £200m of taxpayers’ money on cancelled vaccine order February 6, 2022 Ministers paid more than £200m of taxpayers' money as a deposit for 100m doses of a Covid vaccine which never arrived.
Kwarteng: PM’s Savile slur against Starmer was ‘perfectly reasonable’ February 6, 2022 Boris Johnson’s attacks on Sir Keir Starmer over not prosecuting Jimmy Savile were “perfectly reasonable”, according to business secretary Kwasi Kwarteng. Kwarteng said “Sir Keir himself apologised on behalf of [the Crown Prosecution Service]” for not charging the UK’s most notorious sex offender and that “the fact that he apologised suggests that he does, at [...]
Sky Bet owner Flutter sets sights on National Lottery takeover February 6, 2022 The race to take over the National Lottery, one of the UK’s most lucrative public sector contracts, is heating up in the final stretch.
