Ed Sheeran set to headline Jubilee concert as organisers unveil £15m celebrations April 26, 2022 Ed Sheeran is set to be the centrepiece for the Queen’s Platinum Jubilee as preparations are made for the “people’s pageant”.
35 top business leaders write to PM backing new permanent ‘Thank Holiday’ for Queen’s jubilee: ‘The benefits would outweigh the costs’ April 26, 2022 Nearly 35 top business leaders have written to the Prime Minister in a show of support for a new annual ‘Thank holiday’ honouring Her Majesty the Queen’s 70 years of public service. Dragon’s Den star Deborah Meaden was joined by the head of the Confederation of British Industry and Hospitality UK in backing the initiative, [...]
Historic inflation crunch swells UK interest bill to highest on record April 26, 2022 Historic high inflation has swelled the amount of money the UK government spends on servicing its debt to its largest level on record, reveals official figures released today. Britain’s debt interest bill for the year to March climbed 77 per cent over the last year to nearly £70bn in a further sign that Chancellor Rishi [...]
Boris Johnson hints at childcare announcement as PM will chair new committee to tackle raging cost of living crisis April 26, 2022 Boris Johnson will chair a committee to tackle the cost of living crisis in the coming weeks, Downing Street said. One of the announcements will most likely include a childcare measure. The Prime Minister’s official spokesman said: “The Prime Minister will chair a domestic and economic strategy committee in the coming weeks to finalise the [...]
Former aide to Cameron fights to keep co-working firm afloat with emergency cash April 25, 2022 One of David Cameron’s former aides is fighting to keep his shared office firm Second Home afloat as he rushes to secure £6m of emergency funding from investors.
Labour says by scrapping ‘non-dom’ status it could raise £1bn April 25, 2022 Labour has said it would get rid of non-domicile status, following the row over Chancellor Rishi Sunak’s wife’s tax affairs. The opposition pledged a tax overhaul to stop people who live in the UK long-term from avoiding paying tax, saying scrapping the system could raise more than £1bn a year. In a policy announcement, the [...]
Rishi Sunak to host major City figures at £10,000-a-table Tory fundraiser April 24, 2022 Rishi Sunak will host City heavyweights at a £10,000-a-table Tory fundraiser next week as he tries to court new major donors for the party. Investment banker and Conservative party treasurer Malik Karim has organised the event, which will see the chancellor as guest of honour. Sky News reports that the event will be held at [...]
Tech Weekly: Robinhood aims for the UK April 22, 2022 In this week’s episode, Lily discusses investment app Robinhood’s acquisition of FCA-approved and UK-based crypto startup Ziglu. Charlie also discusses payments startup Super Payments’ $30m funding boost; and online pension provider PensionBee’s new listing on London’s top market. Episode transcript (auto-generated) Host 0:07 Hello and welcome to Tech Weekly, a podcast by City A.M. where we go through [...]
Seething Tory row overshadows Boris Johnson’s much-trumpeted post-Brexit visit to India as allies lash out at critical MPs April 22, 2022 Allies of Boris Johnson have lashed out at Tory MPs calling for the Pinrime Minister to resign after the House of Commons ordered a third inquiry into lockdown parties in Downing Street. Senior backbencher Tobias Ellwood said there had been “a huge breach of trust” with the British people as he called on Conservative MPs [...]
Boris Johnson asked if Rishi Sunak will keep his job: ‘The answer to that is yes’ April 22, 2022 Boris Johnson has given an assurance that Chancellor Rishi Sunak will be in post for the Autumn budget, but declined to say Priti Patel would remain in her role. The embattled incumbent of Number 10 was asked, during his visit to India, whether Sunak would stay in his job in wake of partygate, responding “the [...]