Millions of banking app users exposed to security flaw: HSBC, NatWest, Monzo, Santander, Starling and Virgin Money customers all affected January 12, 2022 Millions of Brits who use online banking services are exposed to some worrying fraud risks, industry experts warned today. Following an investigation by security experts 6point6, testing the online and mobile app security of 15 major current account providers on a range of criteria, including encryption and protection, login, and account management and navigation, consumer [...]
Premier Inn owner Whitbread gets serious Omicron beating over Christmas as new investments are postponed January 12, 2022 Premier Inn owner Whitbread has revealed a knock to demand over the festive season from the spread of the Omicron variant and cautioned over rising costs. The group saw total UK sales drop 4.4 per cent year-on-year in the six weeks to January 6, dragged lower by a 17.2 per cent slump in food and [...]
Centrica boss on the energy crisis: High gas bills are here to stay January 12, 2022 Brits have been told the energy crisis may last for two years, according to Centrica’s chief executive Chris O’Shea. O’Shea said “the market suggests” high gas prices will continue “for the next 18 months to two years”. He said the high demand for gas was partly being driven by a move away from coal and [...]
RAF serviceman who was tortured and discharged after air force discovered he was gay demands justice and full pension January 11, 2022 Simon Hinchley-Robson faced four days of being searched and assaulted by members of the RAF special investigation branch at a base in west Wales in the 1980s after it was discovered he was gay. The former serviceman now wants the Government to admit that the interrogations were wrong, and to be given his full armed [...]
Exclusive: ‘Omicron is a reminder the world is only as good as the weakest link in the vaccination chain,’ says abrdn exec January 11, 2022 Ongoing inflationary shocks, questions around interest rates and the emergence of the new Omicron Covid variant are all making navigating uncertainty more challenging. Nonetheless, when we look beyond the headlines, there remain some reasons for optimism going into 2022, according to Richard Dunbar, head of multi-asset research at global investment giant abrdn. Square Mile-based Dunbar [...]
Turn around: Steep rise in EU nationals refused entry into UK as Brexit controls tighten with Romanians half of all who are stopped at border January 11, 2022 The number of EU nationals who have been prevented from entering the UK has risen by a third, according to new data shared with City A.M. this morning. As the Home Office is stepping up controls, the number of European nationals stopped at the border climbed to 5,266 in the third quarter of last year, [...]
CEOs zoom in on ESG and climate change as world enters third pandemic year January 11, 2022 Climate risks dominate global concerns as the world enters the third year of the pandemic, according to a new World Economic Forum report shared with City A.M. today. The Global Risks Report 2022 sets out that while the top long-term risks relate to climate, the top shorter-term global concerns include societal divides, livelihood crises and [...]
Allegations Novak Djokovic lied about travel history before coming to Australia as questions emerge over tennis star’s declaration form January 11, 2022 The declaration form Novak Djokovic filed to travel to Australia is under scrutiny following allegations he may have answered incorrectly. On the form, filed on January 1, Djokovic answered “no” to the question: “Have you travelled, or will you travel, in the 14 days prior to your flight to Australia?”. Djokovic flew to Melbourne from [...]
Not so little: Christmas jumpers power Lidl sales with one sold every two seconds January 11, 2022 A surge in demand for Christmas jumpers helped discount supermarket giant Lidl to post a 2.6% rise in sales over the festive season. The firm said its Christmas jumpers were the fastest-selling item in its so-called Middle of Lidl aisle, with around one sold every two seconds on its first day of sale. The group [...]
A bash while Covid spread: Boris Johnson may face police probe over ‘bring your own booze’ drinks party at Downing Street when household mixing was outlawed January 11, 2022 The Metropolitan Police confirmed it is liaising with the Cabinet Office over damning claims the Prime Minister’s aide organised a “bring your own booze” Downing Street drinks party during the first lockdown, in May 2020. Martin Reynolds, the Prime Minister’s principal private secretary, sent an email to more than 100 Downing Street employees asking them [...]
