The dizzying tax promises of the Tory campaigns aren’t enough for the City July 18, 2022 IT WAS more than four years ago now since the outgoing prime minister, Boris Johnson, remarked to the Belgian ambassador to the EU that his approach to the private sector was “f*** business”. For a leading Conservative politician with ambitions towards Downing Street, it was an extraordinary thing to say. Yet it was clearly an [...]
Ex-No. 10 comms chief Jack Doyle heads for Square Mile PR firm July 18, 2022 A FORMER Daily Mail political journalist who became Boris Johnson’s Director of Communications will take a senior role at City PR firm Headland, City A.M. can reveal. Jack Doyle, who resigned from an embattled Downing Street in February, will become a partner at the Cannon Street outfit. Doyle is the latest in a line of [...]
Return of loan loss reserves crimp JP Morgan profits July 14, 2022 Swelling reserves set aside to deal with a historic inflation surge raising the risk of US consumers defaulting on their debts has eroded investment banking giant JP Morgan’s profits, the firm announced today. Net income dropped 28 per cent in the second quarter compared to the same period last year, driven by a $428m (£360m) [...]
Police forces must undergo a serious change to attract the best and brightest out there July 14, 2022 On his first day in office, Boris Johnson stood on the steps of Downing Street and committed to recruiting an additional 20,000 police officers by 2023. The commitment was central to the Conservative Party’s manifesto at the 2019 election. What the government is attempting to achieve is no mean feat. As well as recruiting the [...]
EU prepares to cut down gas demand ahead of cold winter months amid Russian disruption July 14, 2022 The EU will encourage member states to cut down the continent's gas demand by incentivising industries to use less energy.
‘Stop Sunak’: Downing Street denies running smear campaign despite fierce attacks from Boris Johnson allies July 13, 2022 Downing Street this afternoon denied running an anti-Rishi Sunak smear campaign as Boris Johnson’s allies singled out the former chancellor for criticism in an increasingly bitter leadership contest. The caretaker Prime Minister’s press secretary insisted on Wednesday that Johnson is “staying neutral” despite his remaining loyalists throwing their support behind Liz Truss. Sunak, who currently [...]
Costa Coffee boss swaps frappes for fries with McDonald’s move July 13, 2022 The boss of Costa Coffee will step down to take up a top job at McDonald’s shortly. Jill McDonald, who has headed the high street chain since 2019, will take up the role of executive vice president and president for the brand’s international operated markets team. The move will mark a homecoming for McDonald, who [...]
The investment trust sector and the Four Horsemen – a review of Q2 22 July 13, 2022 Conquest and War – Russia’s invasion of Ukraine and the ongoing conflict between the two countries; Famine – at the very least the increased threat of global food shortages as supplies from Ukraine, the ‘bread basket of Europe’, increasingly become weaponised; Death – despite the roll-out of vaccines, Covid-19 continues to mutate and take lives [...]
BBL ready to slam dunk its rival basketball competitions July 13, 2022 British basketball has only ever featured at the Olympics when the team has participated as the host nation and has never qualified for the Fiba World Cup. A Sport England survey estimates the number of those participating in the sport in England has dropped by 100,000 since 2016. In spite of this, however, the British [...]
‘I am just a regular guy’: Michael Gove rejects Downing Street’s ‘snake’ label July 12, 2022 Former government minister and Tory heavyweight Michael Gove has denied that he is a “snake” after being described as such by No 10 sources after being sacked as communities secretary by Boris Johnson last week. The Prime Minister dramatically fired Gove last Wednesday after his Cabinet rival told him that it was time for him [...]