CEO: ‘Incredible year’ for £88bn Covid loan bank as it helped 1.6m businesses to bounce back September 22, 2021 The taxpayer-owned bank that helped funnel billions of pounds worth of loans to British companies said it went through a “gigantic shift” during the pandemic year, the chief of the British Business Bank said this morning. Catherine Lewis La Torre said this morning that the BBB, which she leads, had an “important role” in the [...]
Everyone knew Boris Johnson had a ‘crush’ on me, says Jennifer Arcuri September 22, 2021 Tech entrepreneur Jennifer Arcuri said it was widely known that Boris Johnson had a “crush” on her, but denied her relationship with the former London mayor helped her secure access to foreign trade missions. The American’s links with the now Prime Minister came under public scrutiny last year over allegations she received favourable treatment for [...]
Biden dashes hopes of quick post-Brexit trade deal with UK during Johnson visit September 22, 2021 US President Joe Biden last night downplayed prospects of brokering a post-Brexit trade deal with Boris Johnson, as ministers resorted to considering downgrading their efforts to join an existing pact. Meeting the Prime Minister in the White House, the US President issued a fresh warning for the UK not to damage the peace process in [...]
Boris Johnson’s endurance on immigration will be put to the test by labour shortages September 22, 2021 I always loved interviewing Stuart Rose. He was great company and if you stayed quiet long enough after asking a question, he’d give you a quote that made his press officers wince. Unfortunately for the former M&S chief, his honesty caused his downfall in Westminster when – as a Remain supporter during the Referendum campaign [...]
Editorial: Transport for London needs a funding model fit for a modern capital September 22, 2021 On the tube, mind the gap is supposed to be a cautionary warning for absent-minded tourists. Alas over the course of the pandemic it’s become something rather more serious – a constant, if pithy, reminder of the black hole at the heart of Transport for London’s finances. London is a great global city, but the [...]
BoJo vs Bezos: Boris Johnson challenges Amazon’s tax record during meeting in NYC September 21, 2021 Boris Johnson discussed the issue of taxation at a New York meeting with Amazon-founder Jeff Bezos. A Downing Street spokesperson confirmed the news, saying that “the prime minister raised the issue of taxation, and hoped progress could be in implementing the G7 agreement on tax,” during a meeting yesterday. Reportedly the Prime Minister pushed for multinational tech companies [...]
Revolut is taking on Robinhood with the launch of commission-free retail trading in US September 21, 2021 Revolut, the UK’s most valuable fintech, is targeting the booming retail trading market with the launch of commission-free stock trading for US customers. The $33bn fintech’s “Revolut Securities” arm has today been approved as a licensed broker-dealer in the the US, which will enable it to launch commission-free stock trading to its stateside customers in [...]
Rocky start to the week continues in crypto markets September 21, 2021 The crypto market’s rocky start to the week continues this morning, with the total value falling to its lowest level in over a month at just below $1.9 trillion.
Dutch PM Mark Rutte tried to mediate Northern Ireland Protocol talks, Johnson says September 20, 2021 Boris Johnson has claimed that Dutch leader Mark Rutte offered to mediate contentious UK-EU talks on the Northern Ireland Protocol. Johnson told journalists today that Rutte made the offer during the pair’s Downing Street meeting on Friday. However, Dutch diplomats have disputed the claim and have told the Financial Times that no such offer was [...]
Crypto markets take another hit amid darkening economic outlook September 20, 2021 It’s a sea of red across the cryptocurrency markets today, with Bitcoin falling below $45k for the first time since last Tuesday.