Brexit border checks on food delayed for fifth time August 29, 2023 The implementation of post-Brexit border checks on food products coming from the EU has been delayed for a fifth time.
Sunak faces another by-election drama after Nadine Dorries finally resigns August 27, 2023 Rishi Sunak faces another potentially damaging by-election after Nadine Dorries finally handed in her resignation 11 weeks after vowing to go. The Tory former culture secretary is expected to leave her parliamentary seat on Tuesday after notifying the Chancellor of her intention to do so on Saturday. She had come under mounting pressure – including [...]
Nadine Dorries QUITS as Tory MP with scathing attack on PM Rishi Sunak August 26, 2023 Nadine Dorries has resigned her parliamentary seat with a scathing attack on Rishi Sunak, accusing him of “demeaning his office by opening the gates to whip up a public frenzy” against her. The Tory former minister had announced in June that she would quit the Commons with “immediate effect” in protest at not getting a [...]
Mark Kleinman: The Post Office disgrace, Historic Royal Palaces and DAZN’s next move August 24, 2023 Post Office chief fails again to Read the room Like salt poured in an open wound: that’s the only conceivable metaphor for the corporate governance disgrace delivered by the Post Office in recent weeks. Consider the facts: thousands of sub-postmasters were the victims of a grotesque cover-up, with many of them left penniless, homeless or [...]
Post Office boss to return bonus pay linked to Horizon scandal August 24, 2023 The boss of the Post Office has said he will return all of his bonus payment linked to the Horizon inquiry regarding hundreds of wrongfully convicted postmasters. Nick Read, chief executive of the Post Office, also apologised again for “procedural and governance mistakes made” in the firm linking significant bonus payments to work related to [...]
Getir to slash 2,500 job roles as demand for delivery fades August 22, 2023 Grocery order service Getir will slash 2,500 jobs from its global workforce, in the latest signal that demand for rapidly delivered goods is dwindling. The startup has said it is cutting 10 per cent of its 23,000 strong workforce across the UK, Netherlands, Germany, the US and its homeland of Turkey. In recent months the [...]
The Notebook: Victoria Scholar on falling house prices, global travel’s acceleration and Netflix’s Sackler drama August 22, 2023 Today, Victoria Scholar, head of investment at Interactive Investor, takes the City A.M. notebook pen The only thing being built is negative momentum Rising interest rates, high inflation and the cost of living crisis are starting to take a serious toll on the UK housing market. Just this week, data from Rightmove pointed to a [...]
Bring WhatsApp out of the dark and make MPs messages part of the lobbying register August 22, 2023 Successive lobbying scandals have eaten away at our faith in our politics and elections, all messages whether that be on WhatsApp or by owl-post, should be subject to lobbying rules, writes Alastair McCapra. After a seemingly never-ending string of scandals, lobbying is back on MPs’ agendas with both the government and the opposition proposing measures [...]
Ryanair and Wizz Air the worst offenders as airlines face ‘drip selling’ allegations August 21, 2023 European airlines have come under fire for ‘drip-selling’ after a report revealed 97 per cent of carriers on the continent are charging at least one “hidden fee” for their services amid already-rising air fares. Drip selling refers to companies hiding the true cost of products and services, by proclaiming one price initially but then charging [...]
The Notebook: Susannah Streeter on the parenthood trap, stripped-back burgers and the terrible trend of pub queues August 21, 2023 Today, it’s Susannah Streeter, head of money and markets at Hargreaves Lansdown, holding the City A.M. pen The pricey parenthood trap I congratulated my 40-something friends and new parents who took on the daunting task of moving house with their baby last week. It’s a challenge we recklessly took on ourselves, almost 17 years ago [...]