Sunak and Truss try to outdo each other on refugee policy July 24, 2022 Rishi Sunak and Liz Truss vied with each other last night to be tougher on immigration policy in a bid to win over the right of the Tory party in the leadership race. Sunak vowed in The Sunday Telegraph to introduce a cap on the amount of refugees the UK takes in every year that [...]
WHO declares monkeypox global emergency as now spread across more than 70 countries July 23, 2022 The World Health Organisation (WHO) has declared monkeypox a global emergency, as the disease has now spread across more than 70 countries. The move could lead to increased investment in treating the illness, as it now requires a coordinated global response. According to Michael Head, senior research fellow in global health at Southampton University, the [...]
Travellers warned of another ‘very busy day’ at Dover as Truss calls on France to act July 23, 2022 Dover authorities have warned travellers to expect another “very busy day” at the port, as around 10,000 cars are to be processed today. “Yesterday we processed about 8,500 cars going out,” chief executive Doug Bannister told BBC Radio 4’s Today programme. “Today we were predicted to be around 10,000 so it is going to be [...]
Insolvency Service writes to Greensill’s execs as part of investigation July 23, 2022 The Insolvency Service has written to Greensill’s executives as it investigates whether to disqualify them as company directors. The agency sent questions to Greensill’s founder Lex Greensill and another former colleague, Sky News’ Mark Kleinman reported. Former chairman Maurice Thompson and former finance director Neil Garrod might also have been contacted. “As part of our [...]
Sunak ‘the underdog’ hits out at ‘forces that be’ backing Truss July 23, 2022 Rishi Sunak has labelled himself as the “underdog” in the Tory leadership race, hitting out at the “forces that be” backing rival Liz Truss. “The forces that be want this to be a coronation for the other candidate,” the former Chancellor said during a speech in Grantham. “But I think members want a choice and [...]
Long overdue: TfL reviews government funding proposal July 23, 2022 Transport for London (TfL) is currently reviewing a long-term funding proposal put on the table by the Department for Transport (DfT) yesterday. The move comes just a few days before the latest short-term extension from central government was coming to an end. “I’ve put a long-term settlement on the table to ensure services are supported [...]
Liz Truss promises post-Brexit bonfire of EU rules that hinder UK growth July 22, 2022 Tory leadership candidate Liz Truss has vowed to seize the opportunities posed by Brexit by scrapping EU regulations that hinder the UK’s growth. The Conservative MP said that if she becomes prime minister, she will scrap any EU rules that hinder investment or fail to support growth in the UK economy by 2023. If Truss [...]
EXCLUSIVE: Revolut’s UK risk and compliance chiefs quit in slew of senior resignations July 22, 2022 Revolut has been hit by a slew of resignations from its UK regulatory and compliance chiefs in the past weeks amid heightened tensions with regulators and delays to the firm’s banking licence, City A.M. has learned.
EY calls in Rothschild to advise on break-up plans July 22, 2022 EY has drafted in Rothschild to advise on its $80bn break-up, City sources have suggested. As first reported by Mark Kleinman for Sky News, the British arm of the accountancy behemoth has brought in Rothschild to advise on the implications of a splitting its audit and consulting businesses. Sources have suggested that the move could [...]
Russia and Ukraine agree deal to resume grain exports July 22, 2022 Russia and Ukraine reached a deal today that will resume grain exports from Ukrainian Black Sea ports. The agreement will restore Ukraine’s global grain exports after the war blockaded exports and caused a stoppage, sending food prices surging around the world and causing a global crisis. “The agreement signed today by Ukraine, the Russian Federation [...]
