‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Boris Johnson supports honours for Euro 2022 winning Lionesses August 1, 2022 England’s Euro 2022 winning Lionesses could be in line to receive honours from Boris Johnson, Number 10 has today confirmed. Johnson’s official spokesman said that the Prime Minister “would definitely want to see the team receive the recognition they rightly deserve for their historic victory”. He said there was a “process” to follow and that [...]
Number of law firms fined by SRA increases following anti-money laundering compliance crackdown August 1, 2022 The number of fines against law firms, handed out by the UK’s solicitors’ watchdog, has increased six-fold over the past five years following an anti-money laundering compliance crackdown, according to data obtained by City A.M. The Solicitors Regulation Authority (SRA), which regulates more than 11,000 law firms in England and Wales, gave out just six [...]
Unite renews threat to pull funding from Labour over Starmer stance on strikes August 1, 2022 Labour’s largest union backer Unite has again threatened to withdraw its funding from the party as it rails against Sir Keir Starmer’s stance on strikes. Unite general secretary Sharon Graham accused Starmer of “sticking two fingers up” to striking British workers and added that it was becoming “harder and harder to defend” paying the party [...]
Bitcoin continues to establish itself above $20,000 August 1, 2022 Bitcoin continues to establish itself above $20,000, with the price hitting highs of more than $24,000 over the weekend,
History makers to record breakers: 17.4m tuned in to BBC coverage of Lionesses’ Euro triumph August 1, 2022 A record 17.4m Brits tuned in to watch the Lionesses beat Germany 2-1 in the Women’s Euro 2022 final at Wembley on Sunday. The BBC’s peak audience shattered TV viewing records, making it the most-watched women’s football game on UK television history. It was also the single-most watched programme of 2022 so far, while Germany [...]
Pearson goes back to normal after Covid and announces higher sales and operating profit August 1, 2022 Pearson announced stronger sales growth and operating profit for the first half of 2022 as it reaffirms expectations for the full year. The education company’s underlying sales growth grew 6 per cent to £1.8bn as British and international examinations normalised after Covid disruptions. The company’s adjusted operating profit rose by £33m to £160m due to [...]
Lionesses to be awarded Freedom of the City of London after historic Women’s Euro 2022 win August 1, 2022 The victorious Lionesses will receive the Freedom of the City of London following their Women’s Euro 2022 win on Sunday. England’s women footballers will be awarded the prestigious honour following the 2-1 win over Germany at Wembley, which brought their first major trophy. This comes as thousands are set to gather in Trafalgar Square on [...]
OnTheMarket CFO to depart role next year as property platform revenue booms August 1, 2022 Property search platform OnTheMarket has announced its chief financial office will be leaving the firm early next year. Clive Beattie has resigned from his position at the London-listed company to pursue another company, OnTheMarket infomed investors on Monday morning. The board has appointed consulting firm Korn Ferry to kick start a recruitment drive for a [...]
Heineken sales elevated as beer drinkers brush off price increases August 1, 2022 Brewer Heineken has seen beer sales leap in the first half of the year, despite growing pressures on consumers’ budgets. The drinks behemoth had seen “demand resilient until now despite mounting inflationary pressures on consumers’ disposable income,” according to Heineken chairman and CEO Dolf Van Den Brink. However, the brewer warned increasing costs meant it [...]
Businesses’ needs forgotten as Truss and Sunak up anti-immigration rhetoric August 1, 2022 As ballots start to land on the doormats of Conservative party members this morning, Liz Truss and Rishi Sunak have entered into what has been branded an “arms race” to tackle illegal migration. Both are playing a game of one-up-manship on who will limit the most people coming into the UK across the Channel. The [...]
