City veteran John Allan prepares to step down as Barratt chair June 4, 2022 Titan housebuilder Barratt is planning to begin a search for a new chairman, with City grandee John Allan to step down. According to reports by Sky News, Allan, who also chairs the country’s largest supermarket, Tesco, is readying to hand over the reins of the construction giant. Barratt has reportedly asked headhunters at Russell Reynolds [...]
Mariah Carey sued for copyright in $20m ‘All I Want for Christmas Is You’ lawsuit June 4, 2022 Pop singer Mariah Carey is to be sued for a sum worth £16m for allegations of copyright infringement over her smash hit All I Want for Christmas Is You. Songwriter Andy Stone has launched a lawsuit, naming Carey and her co-writer Walter Walter Afanasief, almost thirty years after the festive song was released. Stone claims [...]
Alexander Litvinenko: Russian man accused of posioning former spy dies from Covid June 4, 2022 One of the two Russian men accused of poisoning former spy Alexander Litvinenko has reportedly died of Covid. Dmitry Kovtun, who was accused by Britain of assassinating the Kremlin critic in 2006, has passed away at a Moscow hospital, according to reports from the TASS news agency. British citizen Litvinenko had died a number of [...]
Ministers mull changes to Universal Credit job coach meetings requirement amid labour crunch June 4, 2022 Benefits claimants will be forced to work longer hours to be able to miss meetings with job coaches, under new plans. As reported by The Times, ministers are drawing up plans to extend the amount of time people must spend working each week from nine hours to twelve, to avoid check-ins. The government is eyeing [...]
Met Police temporarily evacuate Trafalgar Square over incident with suspicious car June 4, 2022 Police evacuated Trafalgar Square on Saturday morning and advised people not to travel to the central London area. However, the Metropolitan police later confirmed that an “incident” had since been “concluded” and the area would reopen in “due course”. A police spokesperson said the incident was thought to have involved a suspicious item, The Telegraph [...]
Pint at London pub surges past £8 price amid sky-high inflation June 4, 2022 The average price of a pint has surpassed £8 at one London pub, for the first time, as historic levels of inflation have forced landlords to up prices across the country. The price tag of a drink has soared over 70 per cent since the financial crisis of 2008, according to data from insights firm [...]
Platinum Jubilee Reads: the best in our opinion pages on politics and the economy June 4, 2022 May was a weird month for Bitcoin – it included a price dip of 15 per cent weeks ago. Yet the cryptocurrency is not going away any time soon, and as Christian Keroles wrote at the beginning of the month, the UK should find a coherent approach to deal with it. The Chancellor could take [...]
Platinum Jubilee: Queen to miss Epsom Derby ahead of Buckingham Palace open air concert June 4, 2022 Saturday marks the third day of Platinum Jubilee celebrations, with the Queen no longer attending the Epsom Derby. Missing her second event of the bank holiday weekend, the monarch will watch the Derby on television instead, Buckingham Palace said. She will be missing the Derby for just the third time in a 70-year reign. The [...]
Lots of luck on moon trip: Biden jibes Musk on ‘super bad feeling’ about economy June 4, 2022 President Joe Biden has scorned Tesla founder Elon Musk after the tech boss cited a “super bad feeling” about the economy amid plans to slash jobs. Speaking on Friday, the US President pointed out that while the electric carmaker said it needed to axe one in 10 jobs, rival Ford was “overwhelmingly” increasing investment. “While [...]
Business of Space: A peak at NASA’s increasingly lucrative commercial deals June 3, 2022 City A.M.’s Millie Turner offers up a roundup of the most important news across the space industry, every Friday. Next generation spacesuits SpaceX vs Boeing This weekend’s launches Next generation spacesuits Axiom Space and Collins Aerospace have been tasked with building the next generation of spacesuits for NASA, as the US agency looks to get boots on the Moon. The [...]
