Dominic Raab says Joe Biden and the US has ‘no greater ally’ than UK November 8, 2020 Foreign secretary Dominic Raab has said the US has “no greater ally or dependable friend” than the UK as Downing Street prepares for a Joe Biden White House. The foreign secretary told the BBC he was “excited” to work with Biden and was “confident” the UK will be able to smooth any fears he may [...]
Private equity circles William Hill’s European arm November 8, 2020 Buyout firms are once again circling William Hill, this time for its European operations following a deal with American firm Caesars Entertainment. In late September William Hill said it had given Caesars Entertainment the green light for a £2.9bn deal, which will be put to a shareholder vote on 19 November. Once shareholders have approved [...]
National Grid faces breakup amid PM’s green push November 8, 2020 Boris Johnson’s push to reshape the energy industry in order to achieve the net zero target could reportedly see the break up of the National Grid. The regulator Ofgem’s recent review into National Grid will soon draw to a close and officials are exploring moves to breakup its current structure, according to the Sunday Telegraph. [...]
Vaccine taskforce chief spends £670,000 on PR team November 8, 2020 The chair of the government’s vaccine taskforce has reportedly used £670,000 of the taxpayers’ money on her own team of PR consultants. Kate Bingham was appointed in May and since June has used eight-full time PR consultants, on the equivalent of £165,000 salaries, to oversee her media strategy, according to the Sunday Times. Documents leaked to [...]
Joe Biden pledges to unify nation in US election acceptance speech November 8, 2020 President-elect Joe Biden has said it is “time to heal” the US and bridge the country’s gaping political divides in his election acceptance speech. Biden spook at Wilmington, Delaware just after 1am London time, telling the world that the “grim era of demonization in America” must end. “The refusal of Democrats and Republicans to cooperate [...]
Tech and the City: Listing rules set for revamp to lure unicorns November 8, 2020 Rules governing public listings are reportedly set for a huge overhaul in a bid to lure tech giants to the City. Chancellor Rishi Sunak is next week set to announce a review into stock market listings to encourage tech unicorns, firms valued at over $1bn, and other high-growth companies to list in London rather than [...]
Boris Johnson and other world leaders congratulate Joe Biden on US election win November 7, 2020 Boris Johnson and other world leaders congratulate Joe Biden on US election win
The moment Kamala Harris and Joe Biden first spoke about their US election win November 7, 2020 Vice-president elect Kamala Harris was out for a walk with her husband when news came through that Joe Biden had been projected to win the US Presidential election.
The City A.M. weekend: How to have fun during lockdown November 7, 2020 This is not the weekend we wanted, but it’s the weekend we have to make do with. As we enter another period of lockdown, there are no galleries, cinemas, restaurants or places to have fun of any kind. So here’s the weekly City A.M. culture and entertainment round-up, lockdown edition. Over the next few weeks [...]
English airports will close without government support, AOA warns November 6, 2020 The Airport Operators Association (AOA) has written to the Prime Minister to call for urgent support to help protect airports following restrictions on international travel announced as a part of England’s second national lockdown. In a letter to Boris Johnson the trade body said airports would like to remain open throughout the lockdown, but without [...]
