Credit Suisse readies £350m claim against Softbank over Katerra collapse May 8, 2022 Embattled lender Credit Suisse is reportedly readying a £350m claim against SoftBank over the bankruptcy of US construction firm Katerra, which imploded after supply chain finance firm Greensill Capital collapsed last year.
Raab warns Northern Ireland stability ‘imperilled’ by protocol problems May 8, 2022 Dominic Raab has warned that problems implementing the Northern Ireland protocol have “imperilled” stability in Northern Ireland, after Sinn Fein claimed a landmark election victory this weekend.
‘That’s how it should be’: UK gambling chief pushes back against lobbying criticisms ahead of industry white paper May 8, 2022 UK gambling chief has pushed back against criticism that betting giants have lobbied with government over the upcoming white paper.
Dan Loeb adds to Shell stake despite doubling down on break-up calls May 8, 2022 Activist investor Daniel Loeb has revealed he has added to his stake in energy giant Shell despite doubling down on calls for a shake-up to the energy major’s corporate structure.
Camelot’s National Lottery legal battle could drain £500m from good causes May 8, 2022 The former boss of lottery operator Camelot has urged the gambling commission to delay the transfer of the firm’s licence to new operator Allwyn, as the costly legal battle could cut resources for good causes. Dame Dianne Thompson has written in a letter to the commission first reported by the Mail on Sunday that a legal [...]
Rishi Sunak hires City titan Hogan Lovells to grapple with post-Brexit legal complexity May 8, 2022 The Chancellor has outsourced key areas of the Treasury's post-Brexit legal work as the in-house legal department struggle to deal with the complexity.
Beergate: Starmer under pressure after leaked memo indicates dinner was pre-planned May 8, 2022 Sir Keir Starmer is facing fresh questions over the so-called ‘beergate’ scandal today after a leaked memo indicated a takeaway and dinner with colleagues in Durham was pre-planned.
Week ahead: Fresh GDP figures to reinforce stagnation fears May 8, 2022 Further evidence that the UK economy is headed into reverse is likely to emerge this week when fresh GDP estimates are released on Thursday. A damning set of forecasts released by the Bank of England last week weighed heavily on London’s top companies. The capital’s premier FTSE 100 index fell 1.61 per cent over the [...]
Ex-chief economist calls out BoE for acting too slowly to curb inflation May 7, 2022 The former chief economist at the Bank of England has accused the central bank of mismanaging the UK economy amid soaring inflation.
Elections 2022: Sinn Fein on track for historic win in Northern Ireland May 7, 2022 Sinn Fein is on track for a historic win in the Northern Ireland assembly elections signalling a breakthrough moment for Irish nationalism.
