Square Mile and Me: Emma Kane on building a City institution and her musical past March 23, 2023 Each week we ask the City’s movers and shakers to give us a tour of the Square Mile they know. Today, it’s Emma Kane, UK CEO of SEC Newgate and chair of Target Ovarian Cancer What was your first job? My first job was as a professional tenor saxophonist but my first role in the [...]
Post-Brexit rules on capital for challenger banks will only hurt the industry more March 23, 2023 The last week of upheaval in the banking world is proof of the importance of a competitive landscape; we must do more to ensure a level playing field for smaller banking players, writes Karen Bradley One of Britain’s great economic success stories since the global financial crisis has been the emergence of a vibrant and [...]
Rishi Sunak’s Brexit deal passes despite 22 Tory MPs rebelling including Johnson, Patel, Truss and IDS March 22, 2023 MPs have voted in favour of regulations to implement the Stormont brake aspect of Rishi Sunak’s Windsor Framework Brexit deal by 515 votes to 29. The prime minister’s agreement with the EU on a revised plan for post-Brexit trade in Northern Ireland (NI) was backed by a majority of 486 MPs in the House of [...]
UK inflation shock was bad for the Bank of England – and disastrous for families March 22, 2023 These were not good inflation numbers for the Bank of England. They were even worse for families. Nearly everyone has been taken aback by the Office for National Statistics calculating the annual rate of headline inflation (the consumer price index) snapped a three month falling streak to climb to 10.4 per cent last month. That [...]
Tory rebellion grows as Liz Truss, Priti Patel and Iain Duncan Smith to REJECT Rishi Sunak’s Brexit deal March 22, 2023 Rishi Sunak is facing down a growing mutiny on his backbenches as Liz Truss, Priti Patel and Sir Iain Duncan Smith are all set to vote against his Brexit deal for Northern Ireland. The former prime minister, ex-home secretary and previous Tory leader have said they will not support Sunak’s agreement negiotiated with the EU [...]
All you need to know about Boris Johnson’s return as he defends himself over Partygate March 22, 2023 Boris Johnson will be grilled by the Privileges Committee on Wednesday as he aims to defend himself against claims he lied to Parliament over the partygate scandal. The former prime minister is expected to offer a robust defence when he appears before MPs to give evidence. Before the highly anticipated session, here is what you [...]
Brexit: Boris Johnson set to vote against Rishi Sunak’s Windsor framework as PM facing Tory resistance March 22, 2023 Boris Johnson has said he will vote against Rishi Sunak’s Brexit deal. The former prime minister, who had already voiced concerns about the deal brokered with Brussels, confirmed that he will not be backing the deal when MPs vote on the Stormont brake in the Commons later on Wednesday. In a statement, Mr Johnson said: [...]
Pubs are go: Britain’s oldest brewer Shepherd Neame shrugs off strikes and inflation in eight per cent revenue rise March 22, 2023 Britain’s oldest brewer Shepherd Neame has said consumer spending in the wake of the costs of living crisis has “remained strong” as the group posts strong revenues for the 26 weeks to December 2022. The listed pubs group, which operates around London and the South East, posted revenues of £85.3m up 8.4 per cent from [...]
Muddy Waters chief slams EU regulators for short selling ‘overreach’ March 22, 2023 The founder of famed short seller Muddy Waters has slammed European rulemakers for “regulatory overreach” today and said the EU’s anti-short seller position was distorting markets.
Our struggle with illegal immigration will be nothing compared to in 10 years time March 22, 2023 The draw for people to come to the UK will only become greater as climate change starts to cause extreme weather, writes Paul Ormerod.