‘Things will get worse before they get better’, Starmer to warn August 24, 2024 Britain will get worse before it gets better, Prime Minister Keir Starmer is set to warn in his first major speech since taking office.
Italian prosecutor announces manslaughter investigation over yacht sinking August 24, 2024 A manslaughter investigation has been opened into the deaths of seven people in the sinking of a luxury yacht off the coast of Sicily, an Italian prosecutor said.
Storm Lilian: British Airways cancels flights as Leeds Festival shuts two stages August 23, 2024 The impending chaos from Storm Lilian is already causing massive disruption across the UK as millions of Brits look to get away for the Bank Holiday Weekend. Weather warnings have been issued on Friday as the tail-end of the hurricane has brought strong winds exceeding 70mph to northern parts of England and Wales on Friday, [...]
Bank of England warned to be wary of public sector pay deals August 23, 2024 "The big risk is that by setting a benchmark for private sector firms, these pay deals prevent wage growth and services inflation from falling much further," Ashley Webb, UK economist at Capital Economics said.
Taylor Swift’s Eras Tour boosts London amid calls for the icon to get Freedom of the City August 23, 2024 On Tuesday night, Taylor Swift played the final show of the European leg of her record-breaking Eras Tour at Wembley Stadium. The results are in: London saw a boost in consumer spending, city footfall and tube journeys during her stay in the capital, with one MP describing her tour as a “lifeline” to the UK [...]
City of London Police constable charged with sexual assault August 23, 2024 A City of London Police constable has been charged with sexual assault . A statement was issued this morning by the City of London Police regarding Constable Joseph Moore, who was arrested earlier in the year. After his arrest he was also immediately suspended. Detective Superintendent Carly Humphreys, head of professional standards department at the [...]
Public sector spending on consultants hits record high despite efforts to cut August 23, 2024 Public sector spending on management consultants has ballooned to a near-record high this year despite efforts to cut reliance on the expensive sector. Fees to consultants from central government, local authorities and other departments swelled to an estimated £3.4bn in the last fiscal year between 2023 and 2024, a rise of 12 per cent on [...]
Home REIT: Beleaguered trust targets lifting of trading ban August 23, 2024 Home REIT has laid out its plan to apply to the Financial Conduct Authority to restore the trading of its shares, as the beleaguered trust’s chair admitted facing “very significant challenges”. The trust was launched with the intention of providing social housing to the homeless, but has been pummelled with multiple scandals over the last [...]
Serious Fraud Office ‘should be replaced with a new body’, say IEA August 23, 2024 The UK anti-fraud agency should be replaced with a new body dedicated to combating economic crime, says a new paper by think tank IEA
The trading floor drama Industry overlooks August 23, 2024 Industry, the BBC’s sex and drugs fuelled City drama, is missing one crucial aspect of life on a trading floor, says Matt Smith Sex, drugs and insider trading are back as Industry season three hit our screens earlier this month. But in the City, the exchange of trading tips between wrongdoers isn’t just a sub-plot [...]