Tory mayor candidate denies groping allegation in ‘strongest possible terms’ June 26, 2023 A potential Tory candidate for mayor, Daniel Korski, has denied allegations he groped a woman whilst an adviser in Number 10 in the “strongest possible terms” via a spokesperson. Daisy Goodwin, a TV producer and novelist, wrote in The Times that Korski grabbed her breast during a meeting in Downing Street in 2013. A spokesperson [...]
Cornish Lithium faces uncertain future as it scrambles for £10m lifeline June 26, 2023 One of the UK’s future lithium producers is at risk of collapse, unless it can secure £10m financing deal by the end of next month.
FTSE 100 close: Banks regain ground amid interest rate concerns as Vodafone slumps June 26, 2023 London’s FTSE 100 was dragged into the red today, driven by Britain’s largest banks struggling amid concerns about how much higher UK interest rates will go and Vodafone tumbling. The capital’s premier index fell 0.11 per cent to 7,453.59 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of [...]
Alfa Romeo Giulia Veloce review: Last chance saloon June 26, 2023 The Alfa Romeo Giulia is a beautiful and very alluring sports saloon that could be the last of its kind. John Redfern drives it.
Energy suppliers have a duty to help businesses with bills, says EDF exec June 26, 2023 Suppliers have a duty to help businesses stay afloat through easing the conditions of their energy bills, EDF has argued.
Logistics group Shift on the hunt for more deals amid Tuffnells swoop June 26, 2023 Logistics-tech group Shift, which is making a swoop for delivery firm Tuffnells, has said it is eyeing up further acquisitions in the near future, with multiple deals on the horizon. Shift’s founder Jacob Corlett told City A.M. that “we’ve got multiple deals in the pipeline”. “We’re in discussions with different parties of different shapes and [...]
NHS bosses urged to ‘get a grip’ as report finds health service falling behind peers June 26, 2023 NHS leaders have been urged to “get a grip on budgets” as researchers suggested Britain’s health service was falling behind comparable nations. Health think tank the King’s Fund found the UK had “below-average health spending per person” and “lags behind other countries in its capital investment”. And hospitals have “substantially fewer key physical resources” like [...]
Osborne-chaired Lingotto fund builds stake in Ocado amid Amazon takeover rumours June 26, 2023 The investment fund chaired by former chancellor George Osborne has built a up stake in retail tech firm Ocado, new company filings revealed today.
Brexit trade restrictions will fuel food inflation, lobby group warns June 26, 2023 Proposed restrictions on post-Brexit trade will pile costs onto consumers, representatives of the UK’s fresh produce industry warned. The Fresh Produce Consortium (FPC) warned that an extra £10m from import charges would have to be passed on to consumers, further fuelling food inflation. In a letter to the government seen by The Guardian, the FPC [...]
AI can be ‘force for good’ but needs regulation, says Keir Starmer June 26, 2023 Artificial intelligence (AI) can be a “force for good”, Sir Keir Starmer has told a UK-India summit in Westminster. The Labour leader said the invention was an “incredible form of technology” being developed “at pace” – but that the UK needed to develop regulations to monitor its application. Speaking at the UK India week 2023 [...]