Me? A Bank CEO?: First Direct’s boss on his unusual route to the top February 7, 2023 CEO of First Direct Chris Pitt speaks with City A.M.’s Editor Andy Silvester about his unusual route to the top of the bank and setting his sights on even loftier ambitions for Britain’s young people First Direct boss Chris Pitt and I are walking down towards City A.M.’s offices near Monument. It’s a walk down [...]
Britishvolt: Rescue deal doesn’t mean UK will achieve EV goals, analysts say February 7, 2023 The UK’s future in electric vehicles is uncertain, warned experts, despite the impending rescue takeover of collapsed start-up Britishvolt.
House prices are poised to slide in 2023 but straight into the hands of the lucky few February 7, 2023 There’s a pretty wild variety of house price predictions doing the rounds. Capital Economics have forecast they could fall 12 per cent, while experts at property search site Zoopla are a bit more optimistic. The consensus seems to be somewhere around a six per cent fall in 2023. One thing is certain: house prices are [...]
Truss didn’t win the argument, she’s rewriting history to claw her way back February 7, 2023 Liz Truss has defended her go-for-growth tax cuts in her mini-budget last year, but the ideological clothing is a farcical excuse to keep her relevancy in Westminster, writes Will Cooling
FTSE 100: London falls from record high as retailers JD Sports, Next and Mike Ashley’s Frasers drag index down February 6, 2023 The FTSE 100 started the week lower on Monday, as retailers dragged the index lower. The capital’s premier index dropped 0.82 per cent to 7,836.71 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, closed at 20,409.38, down 0.89 per cent. The fall takes the [...]
Analysis: An epidemic of political relevance deprivation February 6, 2023 Liz Truss’s 4,000 word essay, Matt Hancock ironing a tie and Boris Johnson’s American ambitions. Comment & Features Editor Sascha O’Sullivan on the politicians desperately clinging on to relevance.
Brexit supporters admit leaving EU was a ‘disaster’ after ‘a drink or two’, ex home sec Amber Rudd says February 6, 2023 Former home secretary Amber Rudd has claimed that some Brexiteers, after “a drink or two”, will admit that the decision to leave the EU has been a “disaster”. Ms Rudd, who stood down as an MP in 2019 amid internal Tory Party clashes over the handling of Brexit, also said she could not be in [...]
FTSE 100 live: London index pulls away from record high as US dollar strengthens on Fed rate hike bets February 6, 2023 London’s FTSE 100 climbed down from its record high to kick off the week today, dragged lower by big British retailers taking a tumble. The capital’s premier index dropped 0.87 per cent to 7,833.20 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, edged 0.10 [...]
Hundreds dead in Turkey and Syria following powerful 7.8 magnitude earthquake February 6, 2023 The death toll in Turkey and Syria has reached 360 people after a powerful 7.8 magnitude earthquake toppled buildings and triggered a frantic search for survivors in the rubble in cities and towns across the region. On both sides of the border, residents jolted out of sleep by the pre-dawn quake rushed outside on a [...]
Liz Truss breaks silence to blame media and ‘leftward’ shift for £45bn mini budget failure February 5, 2023 Liz Truss has broken her silence for the first time since being booted out from Number 10 to hit back at critics of her tax cutting, pro-growth economic agenda. Writing in the Sunday Telegraph today, Truss, 47, said she was never given a “realistic chance” to implement sweeping tax cuts designed to unshackle businesses and [...]