No confidence vote happening TODAY: Make-or-break Monday for Boris Johnson as PM faces Tory leadership test at 6pm June 6, 2022 More than 30 Tory MPs have publicly urged the Prime Minister to resign amid the fallout from revelations about Downing Street parties held during lockdown. As a result, a confidence vote in the Prime Minister will he held between 6pm and 8pm today as allies of Boris Johnson appeared braced for a test of his [...]
Post-Jubilee hangover on Monday from hell: ‘Fed up’ Londoners to work from home as tube strike brings city to standstill June 6, 2022 Travel chaos looms for millions of Londoners planning to return to work today after the long Bank Holiday break because tube stations across London are closed because of a strike. London Underground advised people not to travel, warning of severe disruption across the network from the start of service on Monday to 8am on Tuesday. [...]
Struggling British chip shops beg Norway for more fish as prices are out of control due to Ukraine war June 6, 2022 British chip shops faced with surging costs plan to turn to Scandinavia and Norway in particular for help to keep prices “as under control as possible”. Chippies are battling rising energy bills along with increased costs of cooking oil, potatoes and fish due to Russia’s invasion of Ukraine. The president of the National Federation of [...]
Russian Army bombs Kyiv as Putin issues final warning to Ukraine over US weapons while Lavrov struggles to fly June 6, 2022 Russia issued another firm warning over the use of Western military supplies by Ukraine while it launched fresh strikes on Kyiv as Vladimir Putin stated that any Western deliveries of longer-range rocket systems would prompt Moscow to hit “objects that we haven’t yet struck”. The Russian leader’s threat of military escalation did not specify what [...]
Royal party is over for millions as Brits return to work after historic Platinum Jubilee celebrations June 6, 2022 The party is over for millions of Brits who joined in with Platinum Jubilee celebrations across the extended bank holiday weekend. Closing the four days of pomp, pageantry and partying, the Queen said she remains “committed to serving” the nation to “the best of my ability”. The 96-year-old monarch was absent for much of the [...]
Eve Sleep hunting for new owner as mattress giant is in need of fresh cash June 6, 2022 Online mattress seller Eve Sleep said this morning it is hunting for a new owner after telling shareholders it needs new investment to expand. The company said it is looking for a new owner or at least a major investor to help fund the push into the “wider sleep wellness space”. Eve had been speaking [...]
Majestic milestone: Tens of millions of Brits to celebrate the Queen’s Platinum Jubilee June 2, 2022 Tens of millions of people across the UK and around the Commonwealth will be celebrating the Platinum Jubilee at patriotic street parties while live music, light projections and life-size cut outs of the Queen herald the historic occasion over the next four days. Events range from family picnics to a record-breaking 5,000-strong street party in [...]
Royal timings: Where and when can I watch the Platinum Jubilee celebrations? June 2, 2022 Here is a rundown of what will happen as the nation pays tribute to the Queen’s 70 years as sovereign during the Platinum Jubilee weekend, and where to watch them on television. Thursday June 2 10am – The Queen’s Birthday Parade – Trooping the Colour – begins. Coverage is on BBC One, presented by Huw [...]
Exclusive: Brits slapped with £571m in HMRC fines in crackdown on tax avoidance and late payments May 31, 2022 Penalties imposed by HMRC on taxpayers have jumped by nearly a third, from £445m to £571m in just one year, according to fresh HMRC data, shared exclusively with City A.M. today. The primary reason behind this jump is HMRC increasingly clamping down on tax avoidance as part of its efforts to make up for revenue [...]
Exclusive: FCA not ‘selling out’ on premium listings, which could spur biotech sector, argues City lawyer May 31, 2022 The FCA’s proposed reforms to the UK’s listing regime, published last week, could help spur the biotech and technology sectors, a senior City lawyer has told City A.M. In the plans, the FCA has outlined how it plans to make the rules companies must follow in order to be allowed to list their shares in the [...]