Speculation rages that top civil servants will be implicated in full Gray partygate report April 5, 2022 Top Whitehall staff are reportedly braced for senior civil servants to be implicated in Sue Gray’s full report into partygate, after the government’s ex-ethics chief was handed a police penalty notice last week. Former head of propriety and ethics in the Cabinet Office Helen MacNamara was given a £50 fine by the Metropolitan Police, after [...]
Shanghai completely shut: ‘Extremely grim’ Covid outbreak in China’s biggest city deepens with 26m people confined to their homes April 5, 2022 Amid an ongoing lockdown confining around 26m in Shanghai, a city official said this afternoon local time that the Covid-19 outbreak in China’s largest metropolis of Shanghai is “extremely grim” The director of Shanghai’s working group on epidemic control, Gu Honghui, was quoted by state media as saying the outbreak in the city was “still [...]
Sam Torrance: Jon Rahm is due another major as magical Masters week rolls around April 4, 2022 Masters week is always one of my favourites and I am really looking forward to watching the best players in the world, hopefully including Tiger Woods, grace Augusta National. Five-time winner Woods is set to make a last-minute decision on whether to play in his first 72-hole tournament since almost losing his leg in a [...]
Surging shares: Elon Musk revealed as Twitter’s largest stakeholder April 4, 2022 Elon Musk, the eccentric billionaire behind Tesla and SpaceX, has snapped up a 9.2 per cent in Twitter – which has sent its shares flying. The tech entrepreneur is reportedly now the largest shareholder in the social media platform, considered one of the world’s most popular. Twitter shares have surged around 26 per cent in [...]
FBI raids £91m luxury yacht of Putin oligarch ally in Mallorca: ‘We are coming for your ill-begotten gains’ April 4, 2022 Spanish Civil Guard officers, together with agents from US intelligence agency FBI, are searching a yacht owned by an oligarch with close ties to the Russian president Vladimir Putin, Spanish media report. They descended on the vessel at the Marina Real in the port of Palma de Mallorca, the capital of Spain’s Balearic Islands, this [...]
It’s all over for Carrie Lam as controversial Hong Kong leader plans to quit without seeking second term April 4, 2022 Hong Kong’s much-criticised, controverisal leader Carrie Lam says she will not seek a second term and will depart public service after more than four decades. The successor of Ms Lam, who survived massive protests against her government in 2019 and oversaw the implementation of a tough national security law that quashed dissent, will be picked [...]
Love Island star Jamie Jewitt backs $1m crypto lottery game April 1, 2022 A former Love Island contestant has become a brand ambassador for a new crypto lottery game offering a £1m jackpot.
Bloody Friday as cost of living onslaught starts for millions: Steepest rise in household bills in living memory begins today April 1, 2022 Today has been dubbed National Price Hike Day, when government bodies and private firms traditionally announce the increases in the cost of goods and services. This year, energy costs are set to skyrocket, with the cheapest energy tariff for a medium user surging to £1,971 – a staggering 118 per cent increase year on year. The [...]
European tech laws should tempt the next Silicon Valley to cross the Atlantic April 1, 2022 In the early years of the last century, Louis Brandeis of America’s Supreme Court believed that markets, without regulation, would destroy their most treasured characteristic, competition. It was Justice Brandeis, above all others, whose actions curtailed the oil industry’s “robber barons” and brought about the age of “antitrust”. Today, for the first time since, anti-monopolists [...]
The City View: White Paper, black market for gambling? And April economic uncertainty March 31, 2022 Today Andy Silvester chats to City A.M. reporters Leah Montebello and Jack Barnett. Jack outlines the cost-of-living crunch that, some say, hasn’t been seen since the Second World War. He goes through the economic uncertainty that awaits in April, with tax, energy, and price hikes all coming into effect. Leah boils down the Betting and [...]