Imran Ahmad Khan: MP convicted of sexual assault formally quits seat May 3, 2022 Former Conservative politician Imran Ahmad Khan has quit his role representing Wakefield in the Commons after being convicted of sexual assault. The MP promised to resign at the end of last month after being found guilty of sexually assaulting a 15-year-old boy. His resignation has triggered a by-election in the West Yorkshire seat, which was [...]
Ex-Irwin Mitchell lawyer jailed for researching defendant while serving on jury May 3, 2022 An ex-Irwin Mitchell solicitor has been jailed for causing the collapse of an historic child abuse trial after she admitted researching the defendant online whilst serving on the jury. Veteran lawyer Caroline Elizabeth Mitchell was sentenced to two months in prison after pleading guilty to telling fellow jury members about research she had done online, [...]
Citi trader error sparks flash crash in European markets May 3, 2022 A flash crash in European stock markets yesterday was sparked by an error in a single sell-order trade by a Citigroup employee, it has emerged.
BP rebounds with soaring underlying profits as calls for windfall tax escalate May 3, 2022 BP has raked in massive underlying profits across its oil and gas operations over the first three months of 2022 amid soaring energy prices.
Seraphim Space poaches Virgin Galactic veteran amid slow run for British launcher May 3, 2022 Seraphim Space has poached a Virgin veteran, who helped finance the group’s space ventures, Virgin Galactic and Virgin Orbit, to catch the stream of cash being poured into the industry. Patrick McCall, former senior partner at Virgin Group, is set to join the London-listed space tech fund as a venture partner, as the fund’s [...]
Missguided: Sales documents sent to private equity firms as fashion giants circle retailer May 3, 2022 Fast fashion firm Missguided is reportedly wooing potential buyers as the retailer faces an uncertain future. According to the Daily Mail, the Manchester-based firm has recruited consultants to work on a deal, with the possibility of an agreement being inked this month. Names reportedly in the running include Asos, Shein, Mike Ashley’s Frasers Group and [...]
Watch: Boris Johnson invokes Sir Winston Churchill during historic address to Ukraine’s Parliament: ‘This is your finest hour’ May 3, 2022 Boris Johnson invoked Sir Winston Churchill in an historic address to Ukraine’s Parliament, saying it was the country’s “finest hour” as it battled Russia”. Addressing members of the Verkhovna Rada, as well as president Vlodymyr Zelensky, the Prime Minister saluted Ukraine’s “courage with which you are meeting” the war being waged by Moscow. Praising the [...]
Johnson throws weight behind Arm IPO charm offensive May 3, 2022 Boris Johnson has thrown his weight behind attempts to woo British chipmaker Arm into floating in London, as parent company SoftBank looks set for a New York listing.
Thomson Reuters ups forecasts despite ongoing geopolitical uncertainties May 3, 2022 Thomson Reuters raised its 2022 forecast after beating first-quarter expectations and warning of the ongoing economic woes.
eToro adds UMA and API3 to take platform’s total digital assets to 64 May 3, 2022 Social investing network eToro today added two new cryptocurrency tokens to its investment platform - UMA and API3.