Sunak to meet Oz and NZ leaders as trade deal – which promises cheaper manuka honey and Jacob’s Creek – takes effect May 5, 2023 Rishi Sunak is set to welcome the leaders of Australia and New Zealand to No10 ahead of the UK’s landmark post-Brexit trade deals coming into force. The prime minister will meet Australian PM Anthony Albanese and Chris Hipkins, prime minister of New Zealand, in Downing Street today. It comes as the UK’s trade deals with [...]
Local elections: Tories suffer big losses including commuter belt councils Hertsmere, Brentwood, Windsor and Maidenhead May 5, 2023 The Conservatives have been hit by major losses in the local elections – losing over a third of their council seats so far. Losses include key commuter belt councils Hertsmere, Brentwood and Windsor and Maidenhead – which includes former prime minister Theresa May’s constituency. It was prime minister Rishi Sunak’s first significant electoral test since [...]
Apple posts rare revenue drop but $90bn share buyback goes ahead May 5, 2023 Apple once again posted an, until now, rare revenue decline in its latest fiscal quarter, but said its overall business improved from the December quarter and sales of its iPhones were solid. The results were better than Wall Street’s muted expectations and Apple’s stock inched higher in after-hours trading. The latest numbers come after the company in February [...]
FTSE 100 close: London index slips despite Shell rising after posting £7.6bn profit May 4, 2023 London’s FTSE 100 tumbled today despite investors piling into Shell after it launched a fresh buyback funded from its huge first quarter profits. The capital’s premier index fell 1.04 per cent to 7,707.52 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dropped 0.62 per [...]
Analysis: Shell profits reflect strength of industry as much as soaring oil and gas prices May 4, 2023 Shell and BP unveiled bumper earnings this week, reigniting Labour's push for the windfall tax to be tightened.
Coronation wine: why magnums and boxes of wine are best May 4, 2023 We Brits really do enjoy a party and this Saturday will see festivities up and down the country for the coronation of King Charles. The tradition of celebrating these occasions is part of our nation’s heritage, with documents even describing the coronation of unlucky Anne Boleyn as having the streets hung with flags and bunting [...]
Sunak: Politics no longer ‘box set drama’ as local elections open May 4, 2023 Prime Minister Rishi Sunak has said politics is moving away from a “box set drama” style following months of turbulence. His comments came on the eve of local elections across England today (4 May) with requirements for voters to present photo ID at the ballot box coming in for the first time. Sunak is facing [...]
I’m a celebrity, get me to City Hall! Our stars should take a pop at local politics May 4, 2023 With Sadiq Khan faring quite badly, and the Tory brand rubbished in London, perhaps a celebrity should give City Hall a shot and run for the London Mayoralty next year, writes John Oxley
Allica Bank’s Richard Davies on navigating crises and plans for business banking domination May 4, 2023 Amid a crowded field of UK challenger banks, Allica's function-over-fashion approach is serving it well, says CEO Richard Davies
Let’s be honest, we can’t keep blaming supermarkets for the sky-high food prices May 4, 2023 Supermarkets get all the blame for the sky-rocketing food prices. But they've tried to keep prices as low as possible against inflationary pressures and supply chains disruptions, writes Matthew Lesh