Westminster council boss vows to crack down on illicit American candy stores May 3, 2023 The boss of Westminster City Council has called for “greater transparency” about who operates in the city as it looks to crack down on the business owners behind illicit American Candy stores which litter Oxford Street, with the chief urging for more progress from central government to tackle the issue. Cllr Adam Hug told members [...]
FTSE 100 close: London index claws back losses ahead of US Federal Reserve interest rate decision May 3, 2023 London’s FTSE 100 regained ground this today after nursing sharp losses yesterday driven by fears over the global banking system flaring up again. The capital’s premier index jumped 0.2 per cent to 7,788.38 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, climbed 0.27 per [...]
PMQs sketch: A local election drinking game, by Keir Starmer and Rishi Sunak May 3, 2023 In celebration of the impending Coronation, no, not of the King, but of 8,000 local councillors across the country, Rishi Sunak and Keir Starmer came up with a novel idea: a PMQs drinking game.
Metro Bank reports continued profitability as turnaround efforts slowly bear fruit May 3, 2023 Metro Bank recorded its second consecutive quarter of profitability as the bank’s turnaround plans continue to bear fruit. Although it did not provide details, Metro Bank confirmed in a trading update today it was profitable on a statutory basis in the first quarter of this year. This comes after the bank reported profitability in the [...]
‘UK simply hasn’t gone far enough’ to tackle cost issues for offshore wind – as Brits face extra £530m bill by 2030 May 3, 2023 The UK will fall short of the government's offshore wind targets this decade, with developers facing serious cost challenges for projects.
Liverpool Street upgrade down the track? Designers behind Tate Modern plan £1.5bn revamp May 2, 2023 Network Rail, MTR and Sellar have applied for permission to redevelop Liverpool Street station in its first upgrade since 1991. The plans announced last month would see £450m is earmarked for station improvements as part of a £1.5bn proposal to transform the surrounding area. This week the Liverpool Street redevelopment plans were submitted under a [...]
BP profits the “unearned windfalls of war” say Labour as windfall tax row heats up May 2, 2023 "Pearl-clutching" begins with Labour and Lib Dems plotting moves to toughen up windfall tax - despite BP paying a further £520m already
Take your seat for the Bank of England, Federal Reserve and central banks’ final act May 2, 2023 This is the final act in central banks’ aggressive interest rate hike cycle. Well, so say most analysts at the moment.
I just didn’t get Bitcoin until 2016 when a big Monty Python foot came out of the sky and crushed me May 1, 2023 Gaming legend Clem Chambers tells Crypto AM he believes that as digital economies grow, the real world will shrink.
No Yeezy No Problem: Adidas set to double down on US market despite Kanye bill April 30, 2023 Adidas, which has come under pressure after ending its lucrative Yeezy shoe partnership with Kanye West, is trying to grab a bigger slice of the U.S. sports market, the group’s regional head told the Wall Street Journal. “We want to double down on all of the things that are U.S.-centric, particularly around sport,” Rupert Campbell, [...]