Exclusive: Mordaunt accused of misleading parliament over committee record July 21, 2022 Defeated Tory leadership candidate Penny Mordaunt has been accused of misleading the House of Commons over her record as a trade minister, City A.M. can reveal. Mordaunt today said she had never turned down an appearance request at Westminster’s International Trade Committee in an apparent jab at trade secretary Anne-Marie Trevelyan, who has turned down [...]
EU member states Greece and Spain raise red flags over winter rationing plans July 21, 2022 EU proposals to ration gas this winter to stave off supply shortages have been met with opposition from member states Greece and Spain.
European Central Bank marks first rate rise in over a decade with shock 50 basis point move July 21, 2022 The European Central Bank (ECB) today marked its first interest rate rise in over a decade with a shock 50 basis point move. The biggest inflation surge in the eurozone since the creation of the single currency in 1999 forced President Christine Lagarde and co to launch the bigger hike. The Continent’s monetary authority has [...]
PwC ups pay for newly-qualified lawyers to £90,000 a year July 21, 2022 Big Four accounting firm PwC has upped pay for newly qualified (NQ) lawyers working in its fast-expanding UK legal business to heights of £90,000 a year. The salary hikes will see PwC match the salaries offered by top ranking law firms including London law firm Mischon de Reya, and put it ahead of major firms [...]
Motorists warned of disruption as fuel price protesters stage demonstrations July 21, 2022 Fuel price protests are expected to create disruption across the country tomorrow. According to an image posted on the Facebook group ‘Fuel Price Stand Against Tax,’ demonstrations are set to be held nationwide – impacting major urban areas and thousands of people embarking on their summer holidays. Avon and Somerset Police told motorists to expect [...]
Fuelling the fire: Independent retailers ignite petrol price war to attract motorists July 21, 2022 Petrol retailers have kickstarted a price war, with independent vendors slashing costs at the pumps to lure in motorists as the cost of living crisis deepens.
Truss pledges immediate tax relief review for stay-at-home parents July 21, 2022 Liz Truss has pledged to conduct an immediate review into providing tax relief for stay-at-home parents and carers if she is made Prime Minister. The foreign secretary said she would look at treating households as “single tax entities” so that “people aren’t penalised for taking time out of work to care for family or their [...]
KPMG to rerun vote for head of UAE firm after partners raise governance concerns July 21, 2022 The head of KPMG’s business in the United Arab Emirates (UAE) has said the firm will rerun the election for his position, and bring in an external law firm to oversee the process, after partners attempted a coup aimed at ousting him from the firm. The election rerun comes after two senior partners at KPMG [...]
The Elon Effect: Musk’s influence is waning over crypto July 21, 2022 Elon Musk has clearly lost his powers over the price of cryptocurrencies - and we should welcome this news, says Nigel Green.
Government and major businesses work together to help households with cost of living July 21, 2022 The government will collaborate with leading businesses to help UK households facing the cost of living crisis, it said today. The Cost of Living Business Tsar and ex-chief of Just Eat David Buttress agreed retail deals and discounts with major businesses in the UK like Asda, Sainsbury’s, Amazon, and Vodafone as part of the Help [...]
