Mark Kleinman: Natwest’s future, Ovo Energy and Hargreaves Lansdown’s search for a successor July 27, 2023 Mark Kleinman is City editor at Sky News What next for Natwest? Somebody with a tighter grip at the top, and that’s just the start Banking with the human touch: that’s how Coutts, the high net worth bank owned by Natwest Group, likes to position itself. Like so many corporate slogans, however, it often bears [...]
Tottenham could face Premier League quiz after Joe Lewis insider trading arrest July 26, 2023 Tottenham Hotspur could face questions from the Premier League and Uefa after former owner Joe Lewis was arrested in the US on more than a dozen insider trading charges. The Bahamas-based British billionaire, 86, is due to appear in court on Wednesday after being charged with 16 counts of securities fraud and three counts of [...]
Team GB set for lowest gold medal haul for 20 years at Paris 2024 Olympics July 26, 2023 Team GB athletes are predicted to win just 10 gold medals at the Paris 2024 Olympics, their lowest tally for 20 years. Schoolgirl skateboarder Sky Brown, 15, 800m runner Keely Hodgkinson and BMX star Bethany Shriever are among those tipped to top the podium by analysts Gracenote Sports. Gymnasts Jessica Gadirova and Bryony Page and [...]
Nigel Farage calls for entire Natwest board to go after Rose resignation July 26, 2023 Nigel Farage has called on the entire Natwest board to go after chief executive Dame Alison Rose resigned overnight after an extraordinary late-night board meeting – just hours after the bank’s chairman issued a statement offering her their full confidence. Rose outed herself as the source of a BBC story into the finances of Nigel [...]
Despite heatwave and wildfires Michael Gove insists Greece is still safe: ‘I’m due to go on holiday there in a week’ July 25, 2023 Housing Secretary Michael Gove said he plans to holiday on a Greek island as he insisted the region is safe for holidaymakers despite fire concerns. He denied to Times Radio that the Foreign Office has taken too relaxed an approach by not issuing advice not to go. “In fact I’m due to go on holiday, [...]
Don’t let the eco-sceptics bend Sunak’s ear against green investment July 24, 2023 Months later, Rishi Sunak is yet to set out a plan to compete with the billions Joe Biden has offered climate-friendly firms in the UK, writes Cameron Smith
Eurozone edges nearer to recession while UK economy ‘stalls’ July 24, 2023 The European economy has edged closer to recession, while the UK is on the brink of slipping into negative growth, closely watched surveys out today reveal. A snapshot of the eurozone’s respective economies showed high inflation and the European Central Bank’s (ECB) efforts to tame it with interest rate rises is cooling activity. Hamburg Commercial [...]
UK inflation will top Bank of England two per cent target until end of 2024, EY claims July 24, 2023 Inflation will top the Bank of England’s two per cent target for over a year, hobbling UK economic growth and eroding workers’ finances, new forecasts out today claim. Prices are set to ease much slower than previously expected due to food and energy costs remaining elevated, according to consultancy the EY Item Club. UK inflation [...]
Federal Reserve and European Central Bank may back final rate rises this week, experts bet July 24, 2023 US Federal Reserve and European Central Bank officials could launch their final interest rate rises this week as inflation ebbs in their respective economic blocs, experts are betting. Members of the federal open market committee (FOMC) are on Wednesday tipped to raise borrowing costs 25 basis points to a range of 5.25 per cent and [...]
UK rejects AMTE Power’s urgent plea for funds as it works to avoid administration July 23, 2023 AMTE Power faces an increasingly uncertain future, with its urgent pleas for financial support from the government have fallen on deaf ears.