Liz Truss to become Britain’s next Prime Minister after winning Tory leadership race September 5, 2022 Liz Truss will be crowned as the UK’s new Prime Minister tomorrow, after winning the Conservative party leadership contest. Truss today beat out rival Rishi Sunak at the end of the two-month contest and will be appointed as Prime Minister by the Queen tomorrow in Balmoral. Truss won just over 57 per cent of the [...]
WATCH: Martin Lewis left exasperated after ex-minister suggests putting foil on radiator to save cash September 5, 2022 Martin Lewis was left exasperated, after former minister Edwina Currie proposed putting foil behind the radiator to save cash this winter. The founder of MoneySavingExpert responded to the former Tory minister’s money-saving tips during the cost of living crisis, after she said it “doesn’t help” for him to label the issue a “catastrophe”. Hosting ITV’s [...]
Revolut under pressure to improve internal controls following audit watchdog’s report September 5, 2022 Revolut is facing pressure from its auditor, BDO, to improve its internal processes, after the UK’s audit watchdog raised concerns about BDO’s audit of the London fintech company’s accounts. The fast-growing fintech firm is facing scrutiny from BDO, following a report from the UK Financial Reporting Council’s (FRC’s) in July that warned BDO’s audit of [...]
Porsche: IPO key to Volkswagen’s electrification strategy September 5, 2022 Porsche’s IPO is key to funding Volkswagen’s €52bn electrification strategy, Volkswagen executives said ahead of today’s board meeting. In an internal interview published on Monday, the group’s chief operating officer Arno Antlitz said the proceedings “would give us [Volkswagen] more flexibility to further accelerate the transformation,” as the German car maker aims to overtake Tesla [...]
Heathrow Express passengers can soon book train tickets through Uber September 5, 2022 Passengers on the Heathrow Express will soon be able to book train tickets through Uber following a partnership between the two services. The collaboration is part of Uber’s new feature Uber Travel, which aims to transform Uber into a multi-modal smart travel app. The feature is already available in cities across North America. “We have [...]
Sadiq Khan: Liz Truss, let’s turn the page for London and the UK’s benefit alike September 5, 2022 Sadiq Khan: One of my biggest hopes it that Liz Truss will put a stop the divisive, anti-London approach pursued by her predecessors
Utilita boss: Energy sector will support price cap freeze September 5, 2022 The energy sector would support a price cap freeze to ease record household bills this winter, argued Utilita Energy chair Derek Lickorish.
Apple set to double digital ad team as Big Tech looks to cull September 5, 2022 Apple plans to nearly double its digital advertising business, just as the likes of Snap bid to make teams leaner.
Copper brings in Mastercard’s Tim Neill as Chief Risk Officer September 5, 2022 Digital asset platform Copper.co has appointed Mastercard high-flyer Tim Neill as Chief Risk Officer with immediate effect.
Gas prices soar as Russia cuts off flows from Nord Stream pipeline September 5, 2022 Gas prices have spiked after Gazprom cut off gas flows into Europe via the key Russia-Germany Nord Stream 1 pipeline.
