Channel migrant crisis and Priti Patel’s Australian obsession November 22, 2021 Last week, Priti Patel blamed freedom of movement within the European Union for the number of migrants crossing illegally into the UK from France. She was also careful to keep the French in her bad books, saying they were simply too under resourced to deal with the problem. The number of migrants making the perilous [...]
El Salvador to build Bitcoin city at base of volcano November 22, 2021 The first country in the world to make bitcoin legal tender is planning to build a crypto fuelled city at the base of a volcano.
London markets boosted by rallying bank stocks as rate hike bets lift sentiment toward sector November 22, 2021 A rally among banks boosted London markets this morning as sentiment toward the sector improved on strengthening prospects of the Bank of England hiking rates. The capital’s premier FTSE 100 index climbed 0.49 per cent 7,258.91 points, while the mid-cap FTSE 250 added 0.30 per cent to 23,561.92 points. The likes of Barclays, NatWest and [...]
New York-based Apollo Global Management mulls buyout of Marks & Spencer November 22, 2021 Private equity giant Apollo Global Management is reportedly mulling a buyout of UK high street staple Marks & Spencer.
Georgia on my mind: The business of rugby November 22, 2021 Fans back packing stands, pints flowing, and roofs being raised. International rugby’s back and, as the inaugural Autumn Nations Series draws to a close, the on-pitch balance of power between the hemispheres seems delicately poised. Away from the pitch though, tensions exist as to the direction the sport should take post-pandemic. A tough 2020 for [...]
Metro Bank’s largest City shareholder sells stake after private equity buyer walks November 22, 2021 A leading institutional investor has cashed in its shares at Metro Bank after a US private equity buyer walked out on takeover talks.
UBS: Ex-Morgan Stanley president Colm Kelleher to succeed Axel Weber as chair November 22, 2021 Colm Kelleher has been proposed as the next chair of UBS, the company confirmed this morning.
UK financial watchdog calls in Bitcoin experts to combat crime November 22, 2021 The City regulator is calling in Bitcoin experts to train its staff following concerns that crypto is being used by money launderers and terrorists.
Keir’s offensive could put the business vote in play November 22, 2021 AROUND this time two years ago, as we hurtled towards the General Election of 2019, this newspaper published a front-page editorial which urged you, our readers, not to vote for Jeremy Corbyn’s Labour party. Not because of the politics – though high-tax, high-spend has never been our particular brand – but because of the anti-semitism [...]
Last Orders: Restaurant insolvencies jump 31 per cent amid rising expenses November 22, 2021 Restaurant insolvencies rise by 31 per cent as costs rise ahead of customer demand in a post-lockdown economy.
