Rishi Sunak assures City that bonfire of financial services regulations post-Brexit is around the corner October 5, 2021 Rishi Sunak has moved to assure the City that changes to financial services regulation post-Brexit are around the corner as he set out his ambition to “make sure [London] remains the most competitive place in the world for financial services”. When challenged at a Conservative party conference fringe event on why there hasn’t been a [...]
UK pig farmers begin culling healthy animals amid major labour shortage October 5, 2021 Pig farmers have today been forced to begin the UK’s first cull of healthy animals since records began, as acute labour shortages leave abattoirs unable to process enough of the country’s meat. Around 600 healthy pigs have been slaughtered and had their carcasses thrown “in the bin” today, as farmers were forced to begin killing [...]
Crypto crime landscape shifts to bigger threats targeting smaller numbers October 5, 2021 The use of cryptocurrencies for illicit activities from ransom money, money laundering and funding for terrorist activities continues unabated.
Hong Kong Racing Tips: Moreira to take out finale with Telecom Fighters October 5, 2021 BETTORS will have to wait until the finale for the feature race of the day, the Class Two Fleming Handicap (3.50pm), worth around £200,000 in prize money, and run over the extended mile. The dozen contenders include, course and distance winner Reliable Team, Group race performer, Not Usual Talent, and old campaigner Rattan, who makes [...]
Hong Kong Racing Tips: King can give Teetan that winning Feeling October 5, 2021 STARS have finally aligned for the Tony Millard-trained YOO YOO KING to record his first win of his career, when the six-year-old lines-up in the Harbour Handicap (1.15pm) over nine furlongs at Happy Valley. Heath issues have curtailed the progress of this former South African galloper, who had previously finished placed in a Group Two as a [...]
Cold and costly winter worries: Petrol and gas prices soar October 5, 2021 Brits are bracing for a cold winter as petrol prices hit their highest level in eight years and UK natural gas prices hit record highs. There have been concerns that families in the UK could be forced to “eat or heat” this winter. Gas prices for November delivery have rocketed, surpassing £3 a therm for [...]
Sanjeev Gupta launches legal action over US PE group’s ‘predatory’ seizure of aluminium smelter October 5, 2021 Sanjeev Gupta’s GFG Alliance has vowed legal action to scotch what it called a “predatory” attempt by US private equity group American Industrial Partners (AIP) to take control of the largest aluminium smelter in Europe. Buyout firm AIP said last Friday that it had acquired ownership of the aluminium smelter in Dunkirk after a unit [...]
Produce workers ‘nabbed from farms by hospitality recruiters’ October 5, 2021 Hospitality recruiters have attempted to recruit seasonal pickers from farms in a bid to stem labour shortages, a trade body has claimed. Jack Ward, chief executive of the British Growers Association, told CityA.M., that recruiters were attempting to recruit people to work in bars “wherever they could find them.” “Particularly in the summer, competition for [...]
PM aiming to schmooze globe’s top finance brass at green summit October 5, 2021 The chiefs of the globe’s top finance brass will attend a green summit hosted by Prime Minister Boris Johnson. The bosses of Wall Street behemoths JPMorgan and Goldman Sachs and asset manager big beasts BlackRock and Blackstone will be among those Johnson is hoping to schmooze to generate billions of pounds of investment for the [...]
Facebook accused of being ‘morally bankrupt’ at whistleblower Frances Haugen Senate hearing October 5, 2021 Whistleblower Frances Haugen is testifying against Facebook before the US Senate, and has accused the firm of putting “astronomical profits before people” and said it “harms children.” Haugen, a former Facebook product manager, began her testimony by saying: “I believe Facebook’s products harm children, stoke division and weaken our democracy.” During the committee hearing, Senator Blumenthal, [...]
