Mikhail Fridman loses High Court bid over mansion upkeep October 26, 2023 Mikhail Fridman has lost a High Court challenge against UK sanctions after he was refused permission to upkeep a London mansion.
Tesco UK chief steps down as Britain’s biggest supermarket brings in former Aldi top exec October 26, 2023 Tesco’s UK division will bring in a senior executive from challenger grocer Aldi, following the departure of its veteran chief. Britain’s biggest supermarket said Matthew Barnes will take over after Jason Tarry today announced his upcoming departure today, following 33 years with the company. Tarry, who has been at the top for six years, will [...]
Impact A.M. ESG Awards: Recognising Excellence in UK ESG Initiatives October 26, 2023 As we gear up for the City AM ESG Awards ceremony on the 12th of December, we are thrilled to introduce our panel of judges who will play a pivotal role in recognizing excellence in the world of Environmental, Social, and Governance (ESG) initiatives. At City AM, we believe that a fair, transparent, and credible [...]
Boohoo could face modern slavery class action, reports say October 26, 2023 Fast fashion giant Boohoo is reportedly facing potential threats of a class action lawsuit from shareholders.
Ofwat: Thames Water has ‘significant issues to address’ as industry pays £1.4bn to shareholders October 26, 2023 Water regulator Ofwat has named the four worst performing water companies, with troubled Thames Water among those being urged to address big holes in their finances. Ofwat, which oversees the water sector in England and Wales, said Thames Water, Southern Water, SES Water and South East Water need to deliver a turnaround in their financial [...]
‘No reasonable person’ can expect China to play by AI rules: Truss October 26, 2023 Liz Truss has urged Rishi Sunak to rescind China’s invite to the government’s landmark summit on artificial intelligence (AI) next week. The short-lived former Prime Minister wrote to her successor asking him to reconsider extending the invitation to Xi Jinping’s government in Beijing. Sunak plans to host foreign government representatives, including US vice-president Kamala Harris, [...]
Rachel Reeves denies plagiarism in new book October 26, 2023 Shadow chancellor Rachel Reeves has denied accusations of plagiarism in her new book on women in economics.
Blockbuster US growth hits nearly 5 per cent – but what does it mean for interest rates? October 26, 2023 The US economy grew at a startling pace in the third quarter of the year as the world's largest economy continues to shrug off the impact of the Federal Reserve's interest rate hikes.
Britain’s oldest Casino rolls dice for last time as high end tourists ditch London October 26, 2023 The president of Genting Casinos UK told the outlet that there is a “combination” of factors which have put high-end London casinos at a competitive disadvantage to other global marketplaces.
ECB brings rate-hiking campaign to an end as bloc looks to be on cusp of recession October 26, 2023 The European Central Bank (ECB) has finally brought its run of 10 consecutive rate hikes to an end as growth across the bloc looks set to slow over the coming months.
