Davos round-up: BoA ‘over-achieved’ on hiring, Morgan Stanley’s succession plan and Shapps searches for Britain’s Silicon Valley January 19, 2023 As some of the world’s most important CEOs, politicians and thinkers gather at the World Economic Forum in Davos, City A.M. wraps up some of the top lines from the day. US bank layoffs Major Wall Street lenders have been forced into making large scale redundancies in the face of a global economic slowdown. Goldman’s [...]
Rishi Sunak: Police ‘looking into’ video of PM in car without a seatbelt on January 19, 2023 Lancashire Police are “looking into” Rishi Sunak after he failed wear a seatbelt as he filmed a social media clip in the back of a moving car. The Prime Minister has apologised for the “mistake”, as Downing Street said that Mr Sunak had made a “brief error of judgment” by removing the safety device as [...]
Levelling Up: Rishi Sunak defends £2bn fund after Labour slams it as ‘Hunger Games-style contest’ January 19, 2023 Rishi Sunak has defended his latest levelling up plans after they came under fire from the Labour Party, who accused the government of unfairly favouring the south east of England over the north east. The government yesterday announced they will funnel £2bn of investment into the country’s ‘Levelling Up’ agenda to fund over 100 separate [...]
George Eustice: Ex cabinet minister is latest Tory MP to quit Westminster, joining Matt Hancock, Sajid Javid and 13 others January 19, 2023 Former Cabinet minister George Eustice has become the latest Conservative to announce plans to stand down as an MP at the next general election. Mr Eustice, 51, said he will not be challenging to retain the seat of Camborne and Redruth, in Cornwall, so he can pursue a “final career outside politics”. Having served as [...]
Sunak accused of acting ‘like A-list celeb’ by flying to Blackpool instead of £257 strike-affected train ride January 19, 2023 Rishi Sunak has been criticised for using a jet to travel to Blackpool as he opts for flights around Britain rather than trains. The Prime Minister took an RAF jet from Northolt to Blackpool as he carried out a series of visits in northern England linked to an announcement on new levelling up funding. Labour [...]
Why exactly is Keir Starmer in Davos today? January 19, 2023 As part of the new business-friendly dawn of the Labour Party, Keir Starmer and shadow Chancellor Racheel Reeves are in Davos today. It’s the last in a string of strategic moves to charm businesses and convince them that Labour is serious about what it wants to achieve with the help of the private sector. And [...]
Tech bosses behind bars? The chances are vanishingly slim under new online safety laws January 19, 2023 The online safety bill has been revisited, again. Despite the new amendments, it's still a problematic piece of legislation, writes Julian Hayes
PMQs: Keir Starmer goes for our hearts – through the NHS January 18, 2023 As nurses go on strike in England, Keir Starmer has used ambulance wait times as an emotional bit of rhetoric to drag Rishi Sunak's attempt to be a "good manager" of Britain, writes Sascha O'Sullivan
Inflation drops for second month in a row but experts warn rate has yet to pass its peak January 18, 2023 UK inflation has fallen for the second month in a row, but soaring food prices have led some experts to warn it may not have passed its peak yet. The rate of price increases dropped to 10.5 per cent in December, down from 10.7 per cent in the previous month, the Office for National Statistics [...]
Plane not train: Cornwall set for further tourist spike as Ryanair launches London-Newquay route January 17, 2023 Newquay residents are set to complain even further about the hordes of Londoners descending into Cornwall after Ryanair announced new services from London Stansted to Newquay. The low-cost carrier said today it will operate three weekly flights to Cornwall as part of its ramped up summer schedule, which also includes additional services to Spain and [...]