UK Finance chair Bob Wigley: We need to create ‘reasons for banks to be in London’ July 4, 2022 Bob Wigley, a seasoned City veteran, knows a thing or two about banking. He has chaired UK Finance, the British banking sector’s representative body, since its creation in 2017 by condensing several lobby groups into one. He was also instrumental in setting up TheCityUK, spent over a decade with investment banking giant Merrill Lynch and [...]
MPs call for government crack down on Chinese CCTV surveillance from Hikvision and Dahua July 4, 2022 MPs have called on the government to ban sale and operation of widely-used CCTV brands linked to human rights abuses in China.
RAC urges Government to provide more support to UK drivers as petrol prices climb to new highs July 4, 2022 The RAC has urged the Government to provide more support for drivers, as petrol prices climbed to fresh records this weekend.
Kellogg’s loses court battle against government over sugary cereal promotion rules July 4, 2022 Cereal giant Kellogg’s has lost its court case against the government’s new rules on the promotion of sugary foods in supermarkets. Kellogg’s had argued the government’s formula does not take into account the nutritional benefits of milk, which is typically consumed with cereal at breakfast. However, a ruling at the Royal Courts of Justice sided [...]
Bitcoin still below $20k after June sees biggest monthly loss since 2011 July 4, 2022 The weekend saw Bitcoin once again drop below $19k, before recovering slightly to more than $19.4k this morning.
4 Signs You’re Underpaid And What You Can Do About It July 4, 2022 We’re hearing a lot of buzz about it being a “job seekers market” and there is a big push within tech firms to hire specialist staff such as developers and engineers, many of whom are in short supply, which is driving up salaries. Despite recent news of staff cuts and hiring freezes in some areas [...]
Army’s YouTube and Twitter accounts hacked by ‘Elon Musk Bitcoin scammers’ July 4, 2022 The British Army has confirmed some of its social media channels were compromised over the weekend by crypto scammers.
Explainer-in-brief: What is the legal basis for a new Scottish ballot? July 4, 2022 Nicola Sturgeon has chosen the date for a second referendum on independence: 9 October 2023. The question will have the exact same phrasing that was used in 2014 – when 45 per cent voted for independence and 55 per cent voted against it: “Should Scotland be an independent country?” The question of independence came up [...]
UK banks’ profits surge past French rivals for first time since before Brexit vote July 4, 2022 Profits at Britain’s banks have topped their French counterparts for the first time since before the Brexit vote, reveals a fresh study published today. The UK’s largest lenders posted pre-tax profits of $55.1bn (£45.6bn) last year, slightly higher than the $54.8bn (£45.3bn) registered by French banks, according to The Banker’s annual top 1,000 world bank [...]
Flying above 2019: Ryanair posts busiest month ever with nearly 16m passengers in June alone July 4, 2022 Ryanair had its busiest month ever in last month, flying 15.9 million passengers. Its load factor reached 95 per cent for the first time since the beginning of the pandemic, and topped previous records set in May this year. The budget airline said it operated over 88,500 flights in June, and expects to fly 15 [...]
