Brexit made Covid vaccine rollout a success and allowed Britain to ‘lead on Ukraine’, argues Lord Frost April 13, 2022 Brexit is directly responsible for the success of the coronavirus vaccine rollout and also allowed the UK to “lead on Ukraine”, according to former Cabinet minister Lord David Frost. However, the former Brexit minister did say he would like to see progress on issues like planning reform and free trade deals. Speaking on LBC, he [...]
City investors pocket £36m: Wesleyan fund issues its largest-ever bonus as pandemic recovery kicks in April 13, 2022 Wesleyan, a specialist financial mutual for doctors, dentists and teachers, told City A.M. this morning it has distributed its largest ever bonus. The announcement came as it published its financial results for 2021. The society said it retained its financial strength over the year meaning it was in a position to distribute the mutual bonus of [...]
Hong Kong’s former number 2 and Beijing favourite John Lee enters the race for city state’s top job April 13, 2022 John Lee, Hong Kong’s former number two official, confirmed today he has formally registered his candidacy in the election for the top job after securing 786 nominations to enter the race. Lee, who resigned as chief secretary last week before declaring he would run for chief executive, is the only candidate formally entered so far [...]
UK health authorities fire off hepatitis warning after 74 unexplained cases among children April 12, 2022 The UK Health Security Agency is investigating 74 cases of hepatitis among children across the UK. The health body is examining 49 cases in England, 13 in Scotland and 12 across both Wales and Northern Ireland, all of which have occurred since January. The UKHSA said that it is investigating a “number” of possible causes [...]
Zuck Bucks coming next month: Facebook’s Meta plotting its own money offering via crypto launch, NFTs and small business loans April 12, 2022 Meta, the owner of social media giant Facebook, is plotting to bring its own digital currency to the market, Zuck Bucks, named after its founder Mark Zuckerberg. In addition, the company is reportedly also looking to launch a number of traditional banking services, such as providing small business loans. Zuck Bucks will not be a [...]
All Lloyd’s of London staff at home today as army of 60 climate activists descend on insurer’s iconic City office April 12, 2022 Lloyd’s of London asked all its employees not to come to its offices in the City this morning, the company told City A.M. Extinction Rebellion have blocked entrances and remain on the roof of the Lloyd’s Building to demand the financial giant stops insuring coal, oil, gas and tar sands that are “fuelling the climate [...]
Ukraine in shock as corpses are ‘carpeted through Mariupol’ after Russian Army kills 10,000 while fears for chemical weapon grow April 12, 2022 As Russian troops killed more than 10,000 civilians over the past six weeks in their unsuccessful fight to capture the strategic southern port of Mariupol, the city’s major said this morning that corpses are now “carpeted through the streets” of the regional hub. He spoke as western powers warned Tuesday of a continuing build-up for [...]
Tory U-turn for breakfast as Crispin Blunt apologises for defending convicted sex offender MP Imran Khan April 12, 2022 Tory MP Crispin Blunt removed a post from his website and Twitter feed in which he had claimed Khan was the victim of a “dreadful miscarriage of justice”, after his fellow MP Imran Ahmad Khan, the MP for Wakefield, was found guilty on Monday of sexually assaulting a 15-year-old boy in 2008. The former justice [...]
EasyJet flies into £535m loss despite improved trading and ‘self-help’ measures April 12, 2022 EasyJet has announced it expects to make a loss before tax in the range of £535 million to £565 million for the six months to the end of March. The low-cost airline said this is a reduction in its losses compared with the same period 12 months earlier which is “ahead of market expectations”. It [...]
13 days that will define the future of France: Macron and Le Pen begin ruthless battle to become president April 11, 2022 Centrist Emmanuel Macron was heading this morning to an economically depressed area of northern France where a majority of voters chose his opponent, far-right candidate Marine Le Pen, close to her electoral stronghold of Henin-Beaumont. Meanwhile, Ms Le Pen’s National Rally officials will meet today to plan strategy ahead of the second round of voting, [...]