Boris Johnson pockets £150k in 30 mins as former PM skips crucial Commons vote to jet off to Colorado October 13, 2022 Former prime minister Boris Johnson touched down in the USA on Tuesday as the ex-Tory leader gave a speech to an insurance industry group on Tuesday afternoon, thereby reportedly collecting around £150,000 for a 30 mins speech. Johnson addressed conference delegates in Colorado Springs, roughly at the same time while the House of Commons was [...]
Truss has picked the wrong fight: the problem is inflation, not lack of growth October 13, 2022 In her speech to what was left of Tory party conference, Liz Truss promised that her priority was “growth, growth, growth”. The events of the past week have underlined why that is the wrong priority, at the wrong time, by the wrong prime minister. Much has been made about the prime minister’s ideological convictions but [...]
Oil, gas and fracking key to UK’s green goals, says climate minister October 12, 2022 Oil, gas and fracking projects developed in the UK are good for the environment and energy security, argued the new Climate Minister.
Frasers Group nabs stake in JD Williams and Simply Be owner October 12, 2022 Frasers Group has snagged a 4.5 per cent stake in online retailer and JD Williams owner N Brown, as the retailer continues to put its stamp on the UK high street. The Sports Direct owner is now the sixth-largest shareholder of the Jacamo and Simply Be owner. “We are always pleased to welcome new shareholders [...]
JD Sports’ chief financial officer to exit sportswear retailer October 12, 2022 Sneaker seller JD Sports has announced the departure of its chief financial officer next year. The London-listed firm will now start hunting for a replacement for Neil Greenhalgh, with new chair Andy Higginson leading the search. Greenhalgh, who has been with the high street staple for almost two decades and in his current role since [...]
The analyst: Why now’s the time to invest in advertising, not run from it October 12, 2022 Ian Whittaker is a City analyst, and the current City A.M. Analyst of the Year. Shaky seems to be the best word for the start of results season on Wall Street – at least, compared to the generally positive message we received at the last quarterly go-around. Companies such as Carnival and FedEx – seen [...]
Renewable revenues capped in Government push to ease record bills October 12, 2022 Renewable projects will be blocked from cashing in on the energy crisis, after the Government confirmed new plans to ease record bills.
London’s FTSE 100 pulled down by pension managers after more BoE bond support October 11, 2022 London’s FTSE 100 today was pulled down by the UK’s largest money managers dropping after the Bank of England stepped up its support for the bond market again. The capital’s premier index dropped 1.06 per cent to 6,885.23 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the [...]
Astonishment as Liz Truss fails to mention today’s Bank of England emergency move during Cabinet meeting October 11, 2022 There is widespread astonishment among City analysts and Westminster insiders as Liz Truss failed to discuss the Bank of England’s latest emergency move with her Cabinet this morning. Downing Street said this afternoon the Bank of England’s latest intervention did not come up at Tuesday morning’s Cabinet meeting, nor did uprating benefits. Asked if the [...]
Paradise restaurant’s Turmeric dahl is a fiery dish for the turning weather October 11, 2022 It’s time – perhaps begrudgingly – to start accepting that the weather is drawing in, and that it’s time to start thinking about spins on the classic winter warmer dishes to keep things fresh in the taste department. As we start to crave more filling, comforting food, this simple dahl with a gentle spice kick [...]