UK Rich List 2022: Who have the biggest fortunes among Britain’s 177 billionaires? May 20, 2022 Billionaire brothers Sri and Gopi Hinduja are the wealthiest people in the UK, according to this year’s Sunday Times Rich List. The annual list showed that the pair, who run the Mumbai-based conglomerate Hinduja Group, saw their fortune jump by more than £11 billion. There were a record 177 billionaires in the UK, according to [...]
Enough kids already: Nurseries oppose government plans to increase childcare numbers May 20, 2022 It has been reported that most nurseries and childcare providers in England oppose plans to increase child-to-staff ratios. Children and Families Minister Will Quince said last week the Government was consulting parents and childcare providers on plans to increase ratios, raising the number of two-year-olds one staff member can look after from four to five. [...]
Simply forget any UK-US trade deal if Britain kills off Brexit protocol, warns political heavyweight Nancy Pelosi May 20, 2022 US House speaker Nancy Pelosi has said it is “deeply concerning” the UK Government is seeking to “unilaterally discard the Northern Ireland Protocol”, adding that doing so will result in Congress not supporting a free trade agreement with the UK. The congresswoman said on Twitter: “It is deeply concerning that the United Kingdom now seeks [...]
Partygate: Boris Johnson shakes up No 10 ahead of final Sue Gray report next week May 20, 2022 Boris Johnson has overhauled his Downing Street operation following the conclusion of a four-month Metropolitan Police inquiry into lockdown-busting parties at the top of Government during the pandemic. Scotland Yard’s Operation Hillman was closed on Thursday with a total of 126 fixed penalties handed out to 83 people, although it was confirmed the Prime Minister [...]
Richest chancellor in history: Rishi Sunak and wife Akshata Murty enter UK Rich List with £730m fortune May 20, 2022 Chancellor Rishi Sunak and his wife Akshata Murty have made this year’s Sunday Times Rich List – for the first time – with their joint £730m fortune as Russian billionaires tumbled down this year’s rankings. It comes after the Chancellor and his wife’s finances have come under intense scrutiny in recent months. Last month, it [...]
Over 60? Supermarket giant Iceland to fight cost-of-living crisis by giving older shoppers 10 per cent discount May 20, 2022 Frozen food chain Iceland is set to introduce a discount for seniors as Britons struggle with soaring prices. The supermarket chain has announced that, from May 24, customers aged over 60 will receive a 10 per cent discount on their groceries every Tuesday with no minimum spend. In order to redeem the discount, senior shoppers [...]
Food as a weapon: Russia accused of withholding grain for millions to ‘break the spirit of Ukraine’ May 20, 2022 Russia has been accused of ‘weaponising’ food and holding grain for millions of people around the world hostage to “break the spirit of the Ukrainian people”. US Secretary of State Antony Blinken told a UN Security Council meeting called by the United States that the war has halted maritime trade in large areas of the [...]
Exclusive: Lord Sugar and Boris Johnson are ‘delusional’ when it comes to working from home May 20, 2022 Boris Johnson admits he’s distracted by making coffee and eating cheese when he works from home and Lord Sugar has blasted PwC’s decision to give employees Friday afternoons off as “lazy”, but are they out of touch? One industry leader certainly thinks so. TalentDesk.io founder Xenios Thrasyvoulou believes these opinions are outdated and that remote [...]
Humiliating setback for Priti Patel as government is forced to delay deportation flights to Rwanda May 19, 2022 The Government has been forced to delay its first deportation flights to Rwanda after campaigners lodged a legal campaign against the controversial policy. Prime Minister Boris Johnson said last weekend that 50 asylum seekers have already been told they are due to be flown to the East African nation within a fortnight, which would be [...]
City exclusive: Cordiant Capital’s co-CEO on how to make money in the crowded world of digital infrastructure May 19, 2022 Amid an increased focus on digital infrastructure, data transfers and online storage in practically every market around the world, investment giant Cordiant Capital listed its Cordian Digital Infrastructure arm in London last year. Time for City A.M. to catch up with Benn Mikula, co-CEO and managing partner at Cordiant Capital, to see how things are [...]
