Up in West Cumbria, the battle for coal has yet to find a winner April 27, 2022 In West Cumbria, a long stretch of coast right by the green hills of the wealthy Lake District, people have been worrying about jobs for a long time. So when the plans for the first new deep mine since the 1980s were first announced, most locals rejoiced. Fast forward to today, the plans haven’t yet [...]
The City View: Musk on cusp of Twitter buy, and global markets down April 25, 2022 Today Andy Silvester talks to Jack Barnett, City A.M.’s Economics and Markets reporter. They go through the global market dip and why China’s zero-Covid lockdowns are concerning investors; bank earnings for Q1; and new ONS data showing that 9 in 10 households have recorded an uptick in their cost of living. And in the news, [...]
Britain’s biggest banks in higher interest rate profit boost as earnings season kicks off April 24, 2022 Profits at Britain’s biggest high street lenders have been boosted by the Bank of England hiking interest rates to tame historic high inflation. That’s according to top City analysts who are forecasting the UK’s largest banks to have reaped the rewards of being able to charge borrowers more for loans. A higher interest rate environment [...]
Boris Johnson urges post-Brexit negotiators in India to ‘get it done’ despite Modi’s looser ambitions for trade deal April 22, 2022 Prime Minister Boris Johnson has urged post-Brexit trade deal negotiators working with India to “get it done” this autumn, despite much looser ambitions on the side of his Indian counterpart Narendra Modi. After holding talks in New Delhi on Friday, Modi called for an “immediate ceasefire” in Ukraine but stopped short of criticising Russia’s actions [...]
Cabaret review: A riot, old chum – with or without Eddie Redmayne April 21, 2022 Fresh from breaking the record for the most amount of Olivier Awards ever won by a revival, Cabaret strides confidently forwards with an excellent new cast This new revival of Cabaret had West End critics fighting to publish their five star reviews first when it first opened in November 2021. Seeing homegrown A-List talent Eddie [...]
Putin says new nuclear-capable missile will make West ‘think twice’ April 20, 2022 Vladimir Putin sent a stark warning to the West today as Russia tested a new intercontinental ballistic missile, which the President said will make the West “think twice”. The Sarmat missile, which can hold more than 10 nuclear warheads at a time, can reportedly hit any target on earth and is set to be in service [...]
Demand for offices in the Square Mile hits new record, says Savills April 19, 2022 The demand for offices in central London has hit a new record, according to Savills, dismissing concerns that working from home has taken over the Square Mile. With an eyewatering £3.3bn having changed hands in the City over the past three months, the record figure is nearly a third higher than the previous record in [...]
Ukrainians increasingly confident Zelensky is beating Putin as thousands of refugees make plans to return home April 18, 2022 Many Ukrainians who fled their country in recent weeks are increasingly confident the Russian Army is losing the war. A new poll in the Netherlands among refugees in the Benelux countries showed this Easter weekend that over half believe it is safe to return home to Kyiv as well as north, west and central Ukraine. [...]
Chelsea sale heading for full time as deadline arrives for potential world record £2.5bn deal April 13, 2022 This is a big week for Chelsea Football Club on the field, with the Blues’ men’s and women’s teams both preparing for FA Cup semi-finals on Sunday. For the men, the game is a must-win if they are to lift a trophy this season, as well as a chance to bounce back from a painful [...]
Rishi Sunak’s weak stomach for a scandal could spell the end for Johnson April 13, 2022 When Boris Johnson catapulted a young upstart from Treasury minister to Chancellor of the Exchequer, he likely envisaged Rishi Sunak would be pliable and amenable to his insatiable desire for spending rather than the thin-skinned thorn in his side.