The Capitalist: Labour’s boost for wealth advisors and bane for private schools plus friends like Boris’ October 10, 2024 Dispatches from a big night for Boris and Bloomberg, blockchain for gorillas and a giant bronze Mr Blobby: catch up on the latest City gossip in this week’s edition of The Capitalist BORIS UNLEASHED Boris Johnson launched his memoirs on Wednesday night in the grandest room at the lavish Institute of Directors on Pall Mall. The [...]
New sanctions unit launched with ‘enhanced powers’ to fine businesses October 10, 2024 The UK government has launched a new unit to crackdown on businesses that are in breach of UK sanctions, in an effort to strengthen Britain's sanctions regime
Gareth Southgate set to speak at Starmer’s flagship investment summit October 9, 2024 Gareth Southgate and the boss of Aviva will be among the headline speakers at the government’s global investment summit next week as Keir Starmer looks to flaunt the country in front of international financiers. In a programme outlining the schedule, sent to attendees this evening, the government said sessions would cover the new government’s “vision [...]
Post Office boss told he did not need to ‘dig into’ Horizon scandal October 9, 2024 The outgoing Post Office chief executive said he was told he “did not need to dig into the details” of the Horizon IT scandal when he joined the business despite it having led to the wrongful prosecution of hundreds of sub-postmasters. During what was the first of three days of evidence at the Horizon inquiry, [...]
Met Police misconduct settlements double in past year October 9, 2024 The Metropolitan Police has paid out £7.6m to settle misconduct claims in the past year, over double the 2022-23 total, as the force looks to resolve hundreds of claims involving instances of wrongdoing by officers.
Delays to investment minister appointment ‘totally ridiculous’, says former holder October 9, 2024 The government’s failure to appoint an investment minister nearly 100 days after taking power is “totally ridiculous”, the former holder of the office has said, as ministers scramble to finalise plans for their landmark investment summit next week. The Global Investment Summit, taking place in London on Monday, had been planned this year as a [...]
Stefano Cantino: Who is Gucci’s new boss tasked with turning the luxury brand around? October 9, 2024 First Mulberry, then Burberry, and now Gucci – reshuffles at the very top of luxury businesses are definitely in vogue. Gucci, owned by Kering, has announced the appointment of Stefano Cantino as its new chief executive. He will take over from interim boss Jean-Francois Palus on 1 January 2025. Much like Mulberry and Burberry’s new [...]
Sketch: PMQs falls flat – do Sunak and Starmer not get the rules? October 9, 2024 With the Tories immersed in a leadership contest and Labour emerging from weeks of freebie headlines and internal drama, Westminster watchers will have turned to this week’s PMQs for a much needed injection of drama. Grab your popcorn, it’s box office time. Surely the acting leader of the Conservative Party could at least muster up [...]
New business partnership promises to renovate Saudi Real Estate October 9, 2024 Inside Saudi provides readers in the City and beyond with insights from Saudi Arabia, one of the fast growing markets in the world. Each week we’ll bring you exclusive interviews, news you can use and spotlight the companies making things happen in the Kingdom of Saudi Arabia. Saudi Arabia’s population is growing, and growing fast. [...]
1,500 City of London retailers set for surprise tax cut after ruling October 9, 2024 More than 1,500 retail shops in the City of London could see their tax bill slashed after a tribunal ruled a Cheapside store was paying too much in business rates. The Valuation Tribunal for England ruled that the rateable value applied to the main space of a City of London shop by the Valuation Office [...]