Ruling the waves is the only defence strategy that will protect our interests November 1, 2022 One of the consequences of Russia’s intensified aggression towards Ukraine has been growing concern about whether Britain’s investment in the armed forces is sufficient to meet the threats of the future – or even of today. After all, despite a welcome uptick in outlay of some £16.5bn in November 2020, British defence investment remains at [...]
Braverman admits sending government files on personal emails six times October 31, 2022 Suella Braverman has admitted to sending government documents from a personal email on six occasions before she was sacked as home secretary for the security breach. Braverman, who was brought back as home secretary by Rishi Sunak, said in a letter to a Westminster committee that it happened because she needed her work phone to [...]
Libor rigging special: Calls grow to review all convictions of City traders as ‘UK’s position is absurd’ October 31, 2022 A major City scandal that most bankers in London had left behind years ago seems to be coming back with a vengeance. In a new twist in one of the Square Mile’s biggest-ever scandals, the Libor rate-fixing case, British former trader Tom Hayes has had the long-running case against him in the United States thrown out. As [...]
Octopus Energy snaps up collapsed rival Bulb October 29, 2022 Octopus Energy has struck a deal to snap up its collapsed rival Bulb today, ending the period of ‘special administration’ that has seen billions pumped into the firm by the government.
House of Hazelwood: Autumn Collection 2022 October 28, 2022 The family behind William Grant & Sons has one of the largest and most diverse collections of Scotch whiskies in the world. The House of Hazelwood, is dipping into their private inventory, selecting and bottling some of their most precious casks, and making them available to the drinking public. In the rolling Scottish countryside, just [...]
It’s been a news rollercoaster, yet the crypto tracks have kept a straight course October 28, 2022 Jason Deane runs the rule over a week that has seen an avalanche of news narratives have very little impact on the price of Bitcoin.
Former Worcester Warriors coach leading consortium to buy club October 27, 2022 Former Worcester Warriors coach Steve Diamond has announced plans to lead a consortium with the aim of buying the financially stricken club who are in the hands of administrators and have been expelled from Premiership Rugby. Under his plans, announced yesterday with an early afternoon visual presentation, Diamond would become chief executive of a project [...]
Exclusive: Seven Dials Market boss says ‘Brexit means we are short-staffed for every shift, every day’ October 27, 2022 Brexit has “absolutely screwed” the food industry after it “ripped away” its labour source, according to the boss behind the West End’s popular Seven Dials Market. Businesses at the food and drink destination are facing staff shortages “for every single shift, every single day,” Simon Mitchell, who heads the street food market operator Kerb, exclusively [...]
Icelandair remains ‘cautiously optimistic’ about next year as it plans moderate growth October 27, 2022 Icelandic legacy carrier Icelandair remains “cautiously optimistic” about the next year, as it plans some moderate growth despite the current inflationary headwinds. “We are in a very good position,” chief executive Bogi Nils Bogason told City A.M. today. “We can be more flexible and focused depending on how our economies are developing. “[However] people are [...]
Fracking fury: Industry body hammers Sunak after shale gas U-turn October 27, 2022 UKOOG has expressed its fury with Prime Minister Rishi Sunak's apparent decision to re-impose the ban on fracking.