£21.4m mega-penthouse: Asian billionaire buys Oxford Street’s most expensive home November 10, 2021 An Asian billionaire has purchased the most expensive home sold on London’s Oxford Street, buying a mega-penthouse for £21.4m in the TCRW SOHO apartment building. The deal is the biggest single residential property sale by value to be done on London’s Oxford Street during 2021. It is also one of the largest residential sales to [...]
Brexit in the City: New powers for watchdogs FCA and PRA as UK moves away from EU rules November 10, 2021 The City’s main regulators, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), will be given new powers to set rules as the UK moves away from the EU framework after Brexit, according to Government proposals. Regulators will be required to consider how the UK’s financial sector can grow and compete internationally when setting [...]
University of Oxford urged to explain to Jewish students why it accepted £6m donation from Max Mosley November 10, 2021 University of Oxford’s decision to accept £6m from a trust set up by Max Mosley from the inheritance he received from his father, Sir Oswald Mosley, leader of the British Union of Fascists, is facing scrutiny. The Education Secretary has said the university ought to explain to Jewish students why it accepted money from the [...]
Meghan: Just like Royal Family, I don’t do politics, I am merely a humanitarian November 10, 2021 Since there is a precedent in the royal family of “not having any involvement in politics”, Meghan, the Duchess of Sussex, said last night she is merely speaking as a ‘humanitarian’ when calling for paid leave. The former actress wrote to members of the United States Congress and Senate calling for paid leave for new [...]
Nobel Peace Prize winner Malala gets married at home in Birmingham November 10, 2021 Nobel Peace Prize Winner Malala got married at her family home in Birmingham. The Pakistani activist, who was shot in the head by a Taliban gunman in 2012 after angering them with her campaign for girls’ schooling, revealed on Twitter she had tied the knot with partner Asser Malik on Tuesday. Ms Yousafzai, 24, said [...]
Breaking £370k mark: Average UK house price expected to jump by £40k within the next five years November 10, 2021 The average house price across Britain is expected to break through the £370,000 mark within the next five years, as property prices may rise by more than £40,000. Giving its predictions up to 2026, Savills predicts that the typical property value will increase from £327,838 in 2021 to reach £370,785. The property group expects the [...]
Record 267 bank branches were closed across UK within just three months November 10, 2021 Data from the Financial Conduct Authority (FCA) shows that 267 bank and building society branches were closed permanently between April and June of this year, leaving the overall network 4.55 per cent smaller at 5,599. The closures meant less than two-thirds of the UK population (60.1 per cent) are now within 2km of a bank [...]
He saw it coming: Prince Harry claims he warned Twitter CEO ahead of US Capitol riots November 10, 2021 Prince Harry claimed last night that he warned Jack Dorsey, the CEO of Twitter that the micro-messaging platform was allowing a coup to be staged against the US a day before the January 6 riots. Asked if he has spoken to Facebook founder Mark Zuckerberg or Twitter CEO Dorsey, Harry said he warned the latter [...]
All eyes on the UK Supreme Court today as it will rule on £2bn lawsuit by 4m Brits against Google November 10, 2021 Should a billion-pound legal action against Google over claims it secretly tracked millions of iPhone users’ internet activity be allowed to go ahead? The UK’s highest court will give its verdict at 9.45am today. Former Which? director Richard Lloyd, supported by the campaign group Google You Owe Us, wants to bring a “representative action” against [...]
Passed away at 43: London celebrity chef Gurpareet Bains hit by sudden heart attack November 10, 2021 Enfield-based celebrity chef and author Gurpareet Bains has passed away aged 43, City A.M. has been told.