Half of UK households call on government and energy industry to do more to ease rising energy bills January 19, 2022 50 per cent of energy bill payers believe support from the government and energy industry has been inadequate during the current crisis.
British fintech Revolut launches in-app US stocks trading January 19, 2022 UK fintech Revolut has launched commission-free stock trading in the US in a bid to compete with online brokerages including Robinhood.
Covid-19: UK in ‘very strong position’ while cases climb across Europe January 19, 2022 The Omicron wave appears to be subsiding in the UK, though other parts of the world continue to record increasing cases. It comes as the government mulls the reeling back of restrictions, which would see the end of so-called Plan B measures. However, former SAGE adviser and director of healthcare charity Wellcome Trust, Sir Jeremy [...]
Bain Capital close to $2.27bn takeover of French IT firm Inetum January 19, 2022 Buyout giant Bain Capital is close to finalising a deal to buy French IT firm Inetum in a deal worth around $2.27bn, according to reports.
Northern Tory MP defects to Labour ahead of testy PMQs over “disgraceful” Johnson behaviour January 19, 2022 Christian Wakeford, the Conservative MP for Bury South, has defected from the party to join Labour in a sign of the increasing pressure on PM Boris Johnson. It is another damaging blow to the Prime Minister as the fallout from his attending a lockdown garden party continues. The defection raises the stakes for the Conservative [...]
Ex-Deloitte manager claims Deloitte defrauded VW and ignored #MeToo allegations January 19, 2022 A former manager at Deloitte has accused the firm of defrauding Volkswagen and failing to investigate allegations of sexual harassment in its Stuttgart office. The former manager, who is currently suing Deloitte for unfair dismissal, told a Stuttgart labour court that Deloitte overcharged Volkswagen, after billing the car manufacturer for more hours than it had [...]
Brexit: Sigh of relief in the City as Brussels extends clearing deadline for EU banks and finance firms until 2025 January 19, 2022 Brussels has climbed down from a deadline to pull European finance firms’ access to London clearing houses, the bloc’s finance chief announced today. Europe is planning on extending temporary permits allowing banks, brokers and fund managers on the Continent to use UK clearing houses until June 2025. The news was first reported by the Financial [...]
M&C Saatchi finance chief resigns as firm fights off hostile takeover January 19, 2022 M&C Saatchi has suffered a setback in its bid to fend off a hostile takeover after Chief Financial Officer Mickey Kalifa handed in his resignation.
Crypto markets maintain a steady course alongside the S&P 500 January 19, 2022 A flat week in the crypto markets goes on, as Bitcoin continues to consolidate within a narrow range of $41-43k.
Letters: Calling time on China’s influence January 19, 2022 [Re: MI5 outs alleged Chinese spy funding UK MPs, Jan 14] What this shows is the authoritarian Chinese regime’s arrogance. After occupying Tibet, Xinjiang and Inner Mongolia for decades, China has now become emboldened to crush the people of Hong Kong because they see there is nothing much the UK and other countries can do. [...]
