Sunak accused of ‘dither’ on decision to sack deputy PM Raab over bullying report April 21, 2023 Dominic Raab is determined to battle on as Rishi Sunak ponders whether to sack the Deputy Prime Minister after receiving a report into whether he bullied officials. After being accused of “dither”, the Prime Minister was taking a second day to determine whether he will kick Mr Raab out of his Cabinet as he reviews [...]
WH Smith: Resurgent global travel boosts airport giant’s profits – and it’s committed to the high street too April 20, 2023 WH Smith has benefited significantly from the return of global air travel with a big boost in profit on last year. The popular high street newsagent reported £45m in pre-tax profits, up from £18m last year, as millions came through airports where Smiths has many outlets. In the six months to February 2023, it announced [...]
PMQs analysis: Another day of crime and punishment between Starmer and Sunak April 19, 2023 If you were in any doubt as to one of the key fault lines the next election will be fought over, Keir Starmer and Rishi Sunak worked hard in Prime Minister’s Questions to dispel any uncertainties.
Netflix ends DVD postal service: ‘Booster rocket’ for streaming wound down after 25 years April 19, 2023 Netflix is ending its postal DVD service after 25 years in a bid to boost subscribers and better its service amid an increasingly competitive streaming space. In a letter to shareholders, the company described the DVD service as “the booster rocket that got streaming to a leading position,” but added that the business was shrinking [...]
‘Worst volatility is behind us’ after March’s mini-crisis, says Goldman’s David Solomon April 18, 2023 Goldman’s chair and chief executive David Solomon said the worst of March’s banking difficulties had passed, but stressed there were still dangers ahead. On an investor call following first quarter results, Solomon said “it appears the worst volatility is behind us thanks to prompt action from regulators.” Solomon said the quarter was “certainly volatile”, highlighting [...]
FTSE 100 close: THG skyrockets 40 per cent while miners edge London index higher April 17, 2023 London’s FTSE 100 kicked off a fresh week in muted fashion today, inched higher by investors snapping up shares in mining giants, while fashion firm THG skyrocketed more than 40 per cent on mounting takeover rumours. The capital’s premier index added 0.1 per cent to close at 7,879.52 points, while the domestically-focused mid-cap FTSE 250 [...]
Rishi Sunak: PM under investigation for possible failure to ‘declare interest’ April 17, 2023 Prime minister Rishi Sunak is under investigation by the Parliamentary standards watchdog over the possible failure to declare an interest. The House of Commons Standards Commissioner looks at evidence to determine whether individual MPs may have broken the rules of conduct. An investigation was opened into Sunak, who is also MP for Richmond in Yorkshire, [...]
London fintech punches above its weight, but it still needs to stay ahead of the curve April 17, 2023 As other cities continue to tempt away our London tech firms and other investment, we need to work even harder to stay competitive, writes Chris Hayward.
The Coronation: London Coronation events to book now April 15, 2023 It’s three weeks until the King’s Coronation, so if you’re looking for ways to celebrate that aren’t just watching a big screen, here are some of the more unusual London Coronation events to book now. London Coronation events range from gilded carriage rides (!) to opportunities to live like the King for a day, but [...]
Sunak and Zelensky discuss ramping up military support to Ukraine after ‘recent battlefield successes’ April 14, 2023 Rishi Sunak and Volodymyr Zelensky discussed ramping up military support to Ukraine in a phone call on Friday, Downing Street said. The Prime Minister told the Ukrainian president that Britain and its allies “needed to continue to ensure Ukraine was in the strongest possible position to build on its recent battlefield successes”. The two leaders [...]