Recession clouds lift over UK jobs market as hiring begins to recover April 12, 2023 Recession clouds are receding from the UK jobs market as companies gradually regain confidence about hiring workers following a batch of better than expected economic data since the turn of the year, new figures out today reveal. Firms are dipping their toes back in the recruitment market, lured by household spending holding up better than [...]
IMF: UK economy to toy with recession this year – and fall to the bottom of global growth leaderboard April 11, 2023 Britain is steering toward the bottom of the G7 economic growth table this year and will toy with a recession for most of 2023, the world’s economic watchdog warned today. UK gross domestic product is tipped to shrink 0.3 per cent per cent in 2023, the weakest performance of any economy in the group of [...]
‘An evil act of targeted violence’: Five dead after US bank worker livestreams Kentucky shooting spree April 11, 2023 A Louisville bank employee armed with a rifle killed five people at his workplace on Monday morning while livestreaming the attack on Instagram, authorities said. Police arrived as shots were still being fired inside Old National Bank and killed the gunman in an exchange of gunfire, Louisville Metro Police Department chief Jacquelyn Gwinn-Villaroel said. The [...]
Sunak: I believe Northern Ireland has bright future April 9, 2023 Rishi Sunak is focusing on fulfilling the promise of the Good Friday Agreement as he prepares to host Joe Biden in Northern Ireland to mark 25 years of the peace deal. The Prime Minister said “making good” on the pledge of a “better future” for the nation is first and foremost on his mind ahead [...]
Labour steps up attack on Tories ahead of May elections April 8, 2023 Tens of thousands of offenders convicted of serious crimes have been spared jail since the Tories took office, with Labour claiming Rishi Sunak’s party is “on the side of criminals”. The figures highlighted by Labour show community punishments or suspended sentences handed to more than 16,500 adults convicted of child pornography offences and 130 cases [...]
Is it over now? Where next for the banking crisis in Europe April 7, 2023 Is that it? After a few weeks of exhilarating volatility, European banking stocks have settled into a more reliable pattern. It seems dramatic regulatory interventions have stemmed the possibility of immediate financial difficulties. The question now is whether the events of the past few weeks are symptoms of wider financial problems which will be brought [...]
Labour doubles down on Sunak child sex abuse attack ad despite criticism from his own party April 7, 2023 Labour has doubled down after an attack ad claiming that Rishi Sunak does not think child sex abusers should go to prison drew criticism from MPs across the political spectrum. The opposition party was accused of a “vile and desperate” campaign strategy by Tory deputy chairman Lee Anderson and “cheapened and debased” politics by SNP [...]
Analysis: The latest Met investigation is proof systematic failures go a long way back April 7, 2023 “We’ve been too permissive, that’s very very clear” was the admission Met chief Mark Rowley made on Thursday, when speaking about the admission criteria for policemen. It comes after the force published the results of its latest investigation into the conduct of its officers, and found 196 members of staff will have to go through [...]
Can CEO Rishi Sunak turn the Conservative party around in time for an election? April 6, 2023 Rishi Sunak has billed himself as a quiet competent manager, the CEO of Britain, in a bid to turn the Conservative Party's prospects around, writes John Oxley.
London needs a new financial services story – and it should be crypto, says former chancellor Hammond April 6, 2023 Back in 2017, a word association for then-Chancellor Philip Hammond may have conjured up the likes of staid and steady over innovative and adventurous. Theresa May’s right hand man oversaw a turbulent period for the country but he was the last man in Number 11 to stick to the Office for Budget Responsibility’s forecasts. While [...]