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 [...]
What post Brexit border checks for EU goods entering UK have been laid out by ministers? April 5, 2023 Plans for how post-Brexit border checks on goods coming into the UK from the EU will work have been set out by ministers. The Government has published a draft border operating model, designed to bring in the checks the UK is required to make under its Brexit trade agreement with the EU. Ministers have delayed [...]
A new tax year has started, here’s what you should be doing April 5, 2023 Savers have welcomed in a new tax year, starting Thursday 6 April. These include putting savings into tax free accounts such as Isas; the annual contributions limit for Isas will remain frozen in the 2023/24 tax year, from April 6, at £20,000. Sarah Coles, head of personal finance at financial services provider Hargreaves Lansdown, said: [...]
New Harry Potter TV series is happening with JK Rowling on board, reports say April 4, 2023 A new TV series based on all seven Harry Potter books is due to go into production if the deal can be finalised. HBO Max is reportedly finalising a deal with Potter author JK Rowling who retains creative control over the way her books are adapted for the screen. Rowling is in talks to work [...]
The New Reason People Don’t Want To Come Back To The Office April 3, 2023 More than a third of UK workers would quit their current role if their employer demanded they return to the office full time. That’s according to recent data which found that 32% would move to a different industry, 19% would take a pay cut, and 30% would adopt a new career in order to continue [...]
New audit watchdog: FRC set to confirm CEO will move from London to Birmingham March 31, 2023 The CEO of the newly former audit watchdog will be based in Birmingham - a more than hour long train journey away from the country’s auditors, City A.M. understands.