London lawyer denies charges of tipping off client ahead of money-laundering probe April 12, 2022 A City of London solicitor, accused of forging a legal letter and tipping off a client about a money laundering investigation, is set to stand on trial after denying both counts. William Osmond, founder of City of London law firm Osmond Solicitors, entered not guilty pleas on one count of forgery and one count of [...]
Glencore and General Motors broker cobalt deal as metal rush intensifies April 12, 2022 Glencore and General Motors (GM) has announced a multi-year sourcing agreement for cobalt supplies to bolster supply chains between both companies.
London fintech Stenn bags $50m as it looks to fill funding gap for trade SMEs April 12, 2022 A London based financing fintech has bagged a $50m injection today as it looks to fill a funding gap for smaller trade-focused firms.
Partygate fines: Bookies slash odds for Boris Johnson to go as PM, Rishi Sunak to succeed him April 12, 2022 Bookies have cut odds for Boris Johnson to leave Number 10 and Rishi Sunak’s bid to succeed him, after they were both fined over partygate. The Prime Minister and Chancellor have come under renewed pressure today after the Metropolitan Police announced duo were issued with fixed penalty notices for lockdown breaches. Betting giant Ladbrokes slashed [...]
US lessor Air Lease says 21 jets stranded in Russia April 12, 2022 US leasing company Air Lease Corp said today 21 of its jets were still stranded in Russia after the company terminated all contracts with the sanction-hit country. Air Lease did not reply when asked about how it could get its aircraft back, but it is believed it could claim insurance following the Kremlin’s decision to [...]
All Sold Up: Universal Music snaps up Elvis Presley hits April 12, 2022 The "King of Rock ‘n’ Roll” Elvis Presley is the latest music icon to have his song catalogue snapped up this afternoon by Universal Music.
OPEC and EU tensions drive oil prices as China eases pandemic restrictions April 12, 2022 Oil prices rebounded nearly five per cent across both major benchmarks amid growing tensions OPEC and EU tensions.
Stateside inflation roars to highest rate since Christmas 1981 April 12, 2022 Stateside inflation has roared to its steepest level since Christmas 1981 in a sign of darker times to come for UK households, reveals official figures released today. Prices are 8.5 per cent higher than they were a year ago in the US, according to the US Bureau of Labor Statistics. The damning figures strengthen the [...]
Apple eyeing $90bn buyback and dividend hike as coffers overflow April 12, 2022 Apple could unleash $90bn worth of share buybacks and unveil bumper dividend payouts as bosses look to burn off excess cash, a top analyst has predicted.
Liontrust weathers £400m outflows following loss of investment mandate April 12, 2022 Asset manager Liontrust has weathered heavy outflows in the first quarter of this year after the loss of an investment mandate saw investors pull £400m from its funds.
