Enough already: Worn out Zelensky says he is ready to offer security guarantees to Putin and declare Ukraine ‘neutral’ March 28, 2022 Ukraine would consider declaring neutrality and offering security guarantees to Russia, including keeping Ukraine nuclear-free, the country’s President Volodymyr Zelensky has said. He told independent Russian journalists on Sunday that the issue of neutrality – and agreeing to stay out of Nato – should be put to Ukrainian voters in a referendum after Russian troops [...]
On HMRC’s radar: Number of ‘nudge’ letters for offshore income or gains shoots up to nearly 177,000 March 28, 2022 Information obtained from HM Revenue & Customs (HMRC) reveals that HMRC has to date issued nearly 177,000 so-called “nudge” letters in respect of offshore income or gains since they started the practice with less than a thousand in the 2016/17 tax year. This is thought to be the first time that HMRC has released public [...]
Watch the Oscars end in chaos: Hollywood jaws drop as winner Will Smith smacks Chris Rock in the face and shouts obscenities March 28, 2022 Hollywood super star Will Smith, 53, appeared to take offence to a gag comedian Chris Rock made on stage about Jada Pinkett Smith’s short haircut, resulting in him marching on stage to confront the comedian. He appeared to hit Rock before returning to his seat and shouting from the audience to Rock on stage. As [...]
Shanghai is shut: China’s biggest city and beating heart of Asian economy goes into fresh Covid lockdown March 28, 2022 Authorities in China are currently locking down its largest city, Shanghai, as part of its strict Covid-19 strategy, amid questions over the policy’s economic toll on the country. Shanghai’s Pudong financial district and nearby areas will be locked down until Friday as citywide mass testing gets underway, the local government said. In the second phase [...]
Govt reduces stake in NatWest to less than 50 per cent as Treasury sells £1.2bn of shares March 28, 2022 The Government has ceded its control of banking group NatWest Group for the first time since the bank – then known as Royal Bank of Scotland Group – was rescued by the Treasury during the financial crisis. The Treasury has sold off more than £1.2bn worth of shares, taking its stake to less than 50 [...]
‘What th f*** bro’: Watch as reckless driver in East London live streams himself as he crashes in Newham March 28, 2022 A live stream on TikTok is going viral across London this morning, showing a street racer crash his car on the A13 in East London. Streaming himself like on the popular Chinese social media platform, the driver was seen racing at high speed through the east side of the capital late on Saturday night. While [...]
A good Monday for two pandemic NHS workers as they hit the jackpot with £1m win March 28, 2022 Two friends from Northampton are waking up as rich Brits this morning after winning a half share of a £1m Lotto prize, which they originally thought was £1000. NHS workers Marion Wood, 60, and Michael Williams, 67, matched five main numbers plus the Bonus Ball in The National Lottery Lotto. Wood, who works at Northampton [...]
Weekend Read: Four is the new five as most workers push for four day week on same pay March 27, 2022 Three in four UK office workers prefer a four-day working week over five days, while offered the same salary with the same amount of work needed, according to a new report shared exclusively with City A.M. today. Individuals and some businesses have embraced diverse flexible working models over the past two-years, giving rise to the [...]
Sunday Spotlight: Less than 0.0007 per cent of all UK companies grew revenue at 20 per cent or more since 2017 March 27, 2022 Just 175, or approximately 0.0007 per cent of all UK companies have managed to grow their revenue by 20 per cent or more in each of the last five years, according to new research shared with City A.M. today. The findings show the difficulties in producing fast-growing companies that can maintain significant growth rates over [...]
UK health authorities stunned as woman in London hospital has extremely rare Crimean-Congo haemorrhagic fever March 27, 2022 The UK Health Security Agency (UKHSA) has confirmed to City A.M. that an extremely rare case of Crimean-Congo haemorrhagic fever has been detected in England. The woman had recently travelled to Central Asia. Crimean–Congo haemorrhagic fever is a viral disease usually transmitted by ticks and livestock animals in countries where the disease is endemic. The [...]
