Westminster committee sticks the boot into Ofgem as households suffer record energy bills July 26, 2022 MPs have raised doubts over Ofgem’s ability to clean up the energy market, following mass carnage which saw over 30 suppliers collapse.
City Moves: Who’s switching jobs in the Square Mile? July 26, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Irwin Mitchell Legal services firm Irwin Mitchell has bolstered its London office with a new intellectual property (IP) partner. Joining from White & Case, Marcus Collins has previously focused on international brand protection, trademark prosecution and IP [...]
Simple soundbites for post-Brexit dividends do the City little good for our future growth July 26, 2022 DO YOU want the City of London to be slow and cautious or quick and nimble? This is how the debate over a potential new round of regulation in the City of London has been framed. However, the situation is clearly more complex than this simple soundbite suggests. Forming part of ex-chancellor Rishi Sunak’s pitch [...]
Reckless greenwashing has tarnished faith in the private sector’s role in social issues July 26, 2022 AFTER the past month anyone might be forgiven for struggling to remember what last year’s biggest priorities were. While political attention has been whisked away from the stark problems we face, those problems have not helpfully agreed to go on standby. If anything, they have intensified – and nowhere is this more evident than the [...]
Consumer Duty set to deliver ‘biggest regulatory overhaul in a decade’ for financial services July 26, 2022 City firms are braced for one of the biggest shake ups of UK financial services regulation in a decade this week as the UK’s top watchdog unveils its new Consumer Duty to ramp up protection of savers and retail investors.
Letters: Grocers, get ahead of the game July 26, 2022 [Re: Jubilee weekend boom fails to lift June’s retail sector, July 22] Given the difficult winter ahead, it is unsurprising the latest ONS retail data showed that many are choosing to spend less. However, the rise in food sales tells a slightly different tale. Driven by the Queen’s Platinum Jubilee, it speaks to the ability [...]
Union accuses Grant Shapps of blocking strike talks July 25, 2022 Transport secretary Grant Shapps was accused of blocking the negotiations between rail operators and unions that could end the ongoing strikes. The Trades Union Congress (TUC) called on Shapps to “stop prolonging the rail dispute” which has threatened to bring the country to a standstill. “Transport secretary Grant Shapps is giving secret instructions to rail [...]
No pressure? Gazprom cuts gas flows into Europe as cold winter months loom July 25, 2022 Gazprom plans to further cut gas flows into Europe, raising the chilling prospect of rationing and blackouts this winter.
Naftogaz suffers setback with bondholders rejecting debt freeze proposal July 25, 2022 Naftogaz has revealed its bondholders are set to refuse its two-year debt payment freeze request, alongside a setback from the government.
Good Friday Agreement architect Lord Trimble dies aged 77 July 25, 2022 Former Northern Ireland first minister David Trimble died at the age of 77, following a short illness.
