Cummings to leave Downing Street with immediate effect November 13, 2020 Boris Johnson’s chief adviser Dominic Cummings is leaving Downing Street immediately. Cummings will continue to work until mid-December, and another senior aide will serve as temporary chief of staff, Johnson’s office said on Friday. “The Prime Minister has today asked Sir Edward Lister to take on the role of chief of staff for an interim [...]
Khan: By 2022 40% of new Met recruits should come from BAME background November 13, 2020 London mayor Sadiq Khan is launching an action plan to address the low level of trust and confidence that many Black Londoners feel towards the Metropolitan Police Service. Writing in today’s Independent, Khan said as part of his action plan he would like to see as many as two in five new recruits to the [...]
Majority of Brits sceptical of Black Friday offers, survey shows November 13, 2020 A huge majority of Brits are sceptical about Black Friday offers, believing many of the discounts are too good to be true, the latest research showed in the run up to the annual sales day. Black Friday has become one of the biggest shopping days of the year, and will be of particular importance to [...]
Treasury advisor sacked by Dominic Cummings wins five-figure payout November 13, 2020 A former government aide who was fired by Boris Johnson’s top advisor Dominic Cummings will receive a five-figure settlement from the government. Sonia Khan, who worked as a media adviser for the Treasury, had been sacked by Cummings in August of last year. She was “frogmarched” out of Downing Street by police, according to a [...]
China urges US to stop ‘arbitrary suppression of investments’ November 13, 2020 China hit back at Trump’s ban on U.S. companies investing in firms linked to the Chinese military. During a press conference earlier today, Chinese Foreign Ministry spokesman Wang Wenbin answered a reporter’s question on the ban by saying the US should stop its “arbitrary suppression of investments”. He added that the US government had been [...]
NHS providers urge Rishi Sunak to invest extra £4bn due to Covid challenges November 13, 2020 NHS providers sent a letter to Rishi Sunak today demanding he increases investment in the NHS by £4bn, in light of the upcoming public spending review on 25 November. The letter is co-signed by Chris Hopson and Saffron Cordery, respectively the Chief Executive and Deputy Chief Executive of NHS Providers, the membership organisation for the [...]
Deliveroo adds ex-Worldpay CFO to board November 13, 2020 Former Worldpay chief financial officer Rick Medlock has joined Deliveroo’s non-executive board. The move comes as the takeaway delivery app prepares to pursue a public listing in the coming months, Sky News reported. Sources told Sky News that Deliveroo had also been approaching candidates for its chairmanship. Deliveroo is said to have appointed bankers at [...]
Oil prices slip after week of gains as vaccine rally cools November 13, 2020 Global oil prices today pared some of their gains for the week as a vaccine-inspired rally ran out of steam. Prices shot up at the beginning of the week on the news that Pfizer’s coronavirus vaccine was 90 per cent effective, but began to slip back yesterday. Today global standard Brent crude fell a further [...]
JD Sports’ merger with Footasylum edges nearer after appeal November 13, 2020 The competition watchdog’s decision to block a merger between JD Sports and Footasylum has been overturned following an appeal. The Competition Appeals Tribunal said today that the Competition and Markets Authority had acted “irrationally” when it ruled in May that the tie-up would lead to a “substantially” lessening of competition nationally. The tribunal ruled that [...]
Volkswagen to invest €73bn in digitalisation and electric cars November 13, 2020 Car giant Volkswagen will invest €73bn into developing hybrid and electric cars over the next five years, it was announced today. Investment in the new technologies, as well as into digitalisation, will now account for nearly half of the €150bn of spending the firm has scheduled. Almost half of the money – €35bn – will [...]