Voters are sick of political slogans, but Sunak and Starmer just won’t let go January 22, 2024 Sunak and Starmer are obsessed with slogans, but voters see right through them and they are making politics meaningless, writes Eliot Wilson.
Retail sales crash 3.2 per cent in December as struggling high street hits Covid-era low January 19, 2024 UK retail sales plummeted 3.2 per cent in December, well below analyst expectations and the largest monthly fall since January 2021 when coronavirus restrictions pushed down sales. Analysts had expected sales to fall by 0.5 per cent in the last month of the year, but a significant drop in both food and non-food store sales [...]
House of Lords ‘must pass Rwanda bill’, Rishi Sunak says January 18, 2024 The House of Lords “must pass this bill”, Rishi Sunak has said after MPs backed plans to pass new legislation to deport asylum seekers to Rwanda.
Cynergy Bank chief urges struggling SMEs to ‘de-risk’ current accounts January 18, 2024 The boss of challenger Cynergy Bank has said small firms are letting too much money languish in no-interest current accounts, as it launches a new offering that puts it in more direct competition with Britain’s major lenders. Chief executive Nick Fahy told City A.M. that small and medium-sized enterprises (SMEs) are increasingly struggling to afford [...]
I was ‘institutionalised’ at Barclays – now I’m free to innovate, says former chief executive January 18, 2024 Charlie Conchie interviews the biggest movers and shakers in tech, fintech and financial services. This week, it’s former Barclays chief executive and 10x Banking founder Antony Jenkins.
The politics of poo: Britain’s public toilets are in mortal peril January 18, 2024 In Britain, the state of public toilets paints a miserable scene. There are 1,500 public toilets in London, a city of over 8m people. Worse, our loos are in mortal peril.
Rwanda bill passes crucial Commons vote after Tory rebellion melts away January 17, 2024 Rishi Sunak’s Rwanda Bill has survived a crunch Commons vote after a much-anticipated Tory rebellion melted away at the 11th hour.
FTSE 100 today: London markets could wrestle with recovery as global risk mood sours January 17, 2024 Amid global market volatility, Asian markets respond to a Wall Street downturn, while Nikkei reaching a 34-year high; oil prices decline due to a dollar surge and Red Sea geopolitical concerns. The greenback hits a one-month peak. China's economy outperforms expectations, while investors await crucial data on UK inflation and U.S. retail sales.
Soho’s beloved House of St Barnabas set for permanent closure with pandemic and ceiling collapse blamed January 16, 2024 The House of St Barnabas, a members' club and charity based on Soho Square, will be permanently closed according to an email sent to members today.
Goldman Sachs ended 2023 strongly despite investment banking weakness January 16, 2024 Goldman Sachs reported that profit jumped at the end of 2023 as the bank’s asset and wealth management arm helped offset continued weakness in investment banking. In the three months to December, the bank’s net earnings climbed 51 per cent to $2.0bn, up from $1.3bn in the same period last year. The jump in profit [...]