Government must get a grip on risks to key infrastructure from climate change October 27, 2022 The Government must get a grip on the risks posed by the effects of climate change on infrastructure, warned a Westminster committee.
Ben Francis: Gymshark’s move to the West End ‘completely different ball game’ October 27, 2022 How does Gymshark’s 30-year-old founder feel about the fitness apparel firm moving offline and into the West End? “Buzzing,” Ben Francis tells CityA.M. Gymshark reeled in record profits during the pandemic, as stuck at home Brits took to Joe Wicks workouts and online shopping with abandon. With that now in the rear-view mirror, Francis is [...]
FTSE 100 weighed down by banks and pound strengthens on Sunak’s second day in No 10 October 26, 2022 London’s FTSE 100 was dragged down today by investors ditching shares in the UK’s largest banks despite a strong set of results, but managed to squeeze gains thanks to a late rally. The capital’s premier index jumped 0.61 per cent to over the 7,000 mark points, while the domestically-focused mid-cap FTSE 250 index, which is [...]
Halloween in London: the best spooky things to do October 26, 2022 Halloween is this coming Monday which means London’s bars and restaurants have all manner of spooky Halloween events to celebrate. Whether you’re looking to go pumpkin carving, partying with themed cocktails, or just for some decent food, here are the best Halloween events in London this weekend. Pumpkins in Covent Garden It’s not quite the [...]
Number 10 confirms Rishi Sunak will bring back fracking ban October 26, 2022 Downing Street has confirmed Rishi Sunak will drop Liz Truss’ plans to end the England ban on fracking. The Prime Minister told MPs today that he “already said I stand by the manifesto on” fracking, which committed to maintaining a moratorium on the practice unless scientific evidence shows it’s safe. Sunak’s spokesperson confirmed today that [...]
Two Just Stop Oil activists arrested after luxury car showrooms in Mayfair daubed with paint October 26, 2022 Two people have been arrested after high-end car dealerships in Mayfair including Bentley, Ferrari and Bugatti were daubed with paint by Just Stop Oil activists. Environmental campaigners smeared orange paint on windows of numerous luxury vehicle retailers in Berkley Square and Bruton Street. The incident took place at 8.30am, targeting dealerships including HR Owen Bugatti, Jack [...]
Representation in politics and media creates opportunities for a generation October 26, 2022 A few weeks ago, many of us were woken up by a curious occurrence: the presenters of BBC Radio 4 Today discussing their fellow presenter – Amol Rajan’s – challenge to the BBC Director General on accent bias among BBC News presenters. Whilst the conversation was all quite meta – with a small “m”- it [...]
Sunak appoints unity Cabinet as Hunt stays and Braverman returns October 25, 2022 Jeremy Hunt will remain as chancellor under Rishi Sunak as the new Prime Minister picked a top team which finely balanced the different wings of the Tory party. Hunt is expected to deliver the planned Halloween fiscal statement next Monday, which is set to include a series of tax hikes and spending cuts. Close Boris [...]
Backing the central bank pivot is a risky bet October 25, 2022 It is easy to criticise central banks for heaping pain on households and businesses. But, this is exactly what they are supposed to do under current economic conditions. Inflation in the UK, US and eurozone has hit 10.1 per cent, 8.2 per cent and 9.9 per cent respectively, all historic highs. The Bank of England [...]
Biden marks ‘groundbreaking milestone’ as UK gets first Hindu PM – but calls him ‘Rashid Sanook’ October 25, 2022 President Joe Biden marked the milestone of Britain getting its first Hindu prime minister, but appeared to pronounce his name wrong, as ‘Rashid Sanook’. The 79-year-old congratulated the new resident of Number 10, calling the feat “pretty astounding” during a reception celebration of the Hindu festival Diwali. During his address he called Sunak’s rise to [...]