Explainer-in-brief: UK and EU at loggerheads over Northern Ireland May 10, 2022 The Northern Ireland protocol saga is back following Sinn Féin’s extraordinary assembly election victory last week. The Democratic Unionist Party has said it won’t return to government and form a coalition unless the protocol is scrapped. The post-Brexit agreement between the UK and the EU – meant to regulate checks of goods travelling between the [...]
Sir Keir Starmer: If I am fined over Beergate – I WILL resign May 9, 2022 Labour leader Sir Keir Starmer has committed to resigning if Durham police find him guilty of breaching lockdown rules last year. In a statement on Tuesday afternoon, the former head of public prosecutions said: “I’ve always followed the rules” since the start of lockdown. He said everyone “found the rules frustrating at times”, and that [...]
High gas prices here to stay, as government faces more pressure to provide support with energy bills May 9, 2022 High gas prices will persist for the next three years, warned investment bank Stifel, as millions of households struggle with the cost of living crisis.
Cabinet not united: Minister Kit Malthouse breaks ranks and calls on Chancellor Rishi Sunak to cut taxes May 9, 2022 The government’s Minister of State for Crime and Policing Kit Malthouse has called on the chancellor, Rishi Sunak, to cut taxes as soon as possible. The Chancellor should roll out plans to reduce taxes to tackle the cost of living crisis, Malthouse said during an interview on TalkTV. “The Chancellor has already signalled his desire [...]
Rishi Sunak hires City titan Hogan Lovells to grapple with post-Brexit legal complexity May 8, 2022 The Chancellor has outsourced key areas of the Treasury's post-Brexit legal work as the in-house legal department struggle to deal with the complexity.
Tech Weekly: Matt Hancock on crypto ambitions and lockdown decisions May 6, 2022 This week City A.M. reporters Lily Russell-Jones and Charlie Conchie sit down with Conservative MP and former Health Secretary Matt Hancock. They chat about his outspoken views on crypto, regulation, and the need for accessibiity when it comes to crypto investing; go through his post-Cabinet ambitions; and unpick his decision-making at the height of the [...]
Beergate: Durham police investigating Keir Starmer over alleged lockdown breaches after ‘receipt of significant new information’ May 6, 2022 Keir Starmer is being investigated by Durham Police over the so-called ‘beergate’ lockdown breach in April last year. Durham Constabulary issued a statement on Friday saying it is looking into the alleged rule-breaking after the “receipt of significant new information”. The force previously said they did not think he had broken rules over a gathering [...]
Crypto start-ups drive fintech funding boom in first quarter May 6, 2022 Fintech companies raised $29.3bn in the first quarter of the year driven by a series of high value crypto deals, fresh data has revealed.
Putin ‘running out of missiles’ amid claims quarter of Russian Army now lost: Kremlin loses momentum in Donbas May 6, 2022 Vladimir Putin could be running out of missiles and armaments because of how much his forces have had to fire during the Ukraine war so far, according to the head of Britain’s Armed Forces. The Chief of Defence Staff, Admiral Sir Tony Radakin, said Russia has now lost 25 per cent of all its forces [...]
Consumer watchdog urges energy users to boost energy efficiency to drive down household bills May 5, 2022 Uswitch.com has called on households to focus on energy efficiency and ramping up insulation to ease the pressure of rising energy bills.