Meet Liz Truss’s top team: Who is Britain’s new Foreign Secretary, old Boris ally James Cleverly? September 7, 2022 Following yesterday’s Cabinet reshuffle, City A.M. introduces you to some of Liz Truss’s key government ministers. Who are they? What has their journey been so far? Read here about the new Chancellor, Kwasi Kwarteng, and the new Home Secretary, Suella Braverman as well as the new Business Secretary, Jacob Rees-Mogg. An old ally of Boris [...]
Not going anywhere: Trucks full of aid for Ukraine stuck in Britain due to Brexit red tape March 8, 2022 Frustrated charity workers have said that items they are trying to get to war-torn Ukraine are stuck at the Port of Dover due to complex post-Brexit paperwork and custom checks. Agnieszka Lokaj, who runs the Lewisham Polish Centre in south London, told Politics Home that her charity had up to five tonnes of donations that is currently [...]
BP says oil and gas investment needed for 30 more years to avoid energy shortages January 30, 2023 The world risks price swings and shortages unless there is continued investment in the oil and gas sector, BP has warned.
First Tory MP calls for Johnson to quit after receiving Covid fine April 13, 2022 The first Conservative MP has called for Boris Johnson to resign after he received a fine from the Metropolitan Police for breaking his own Covid restrictions. Amber Valley MP Nigel Mills today said Johnson’s position is no longer tenable and that “I don’t think a Prime Minister can survive or should survive breaking the rules [...]
‘Appalling’ war prompts Linklaters to pull out of Russia and close down its entire Moscow office after 30 years March 7, 2022 Legal giant Linklaters confirmed to City A.M. it is closing down its entire Russian operations, after a presence of more than three decades. In an email, the Magic Circle law firm said that, after careful consideration and “as the appalling war in Ukraine continues, we will wind down our operations in Russia and close our [...]
Russia foreign minister slams ‘deaf’ Liz Truss after their Moscow meeting February 10, 2022 Russia’s foreign minister has launched a stinging attack on Liz Truss after their meeting in Moscow today, labelling the UK’s foreign secretary as “deaf” and “selfish”. Truss met with Sergey Lavrov in Moscow to discuss the crisis in Ukraine, with the foreign secretary saying the UK wants to provide a “path of diplomacy” to de-escalate [...]
Stateside inflation roars to highest rate since Christmas 1981 April 12, 2022 Stateside inflation has roared to its steepest level since Christmas 1981 in a sign of darker times to come for UK households, reveals official figures released today. Prices are 8.5 per cent higher than they were a year ago in the US, according to the US Bureau of Labor Statistics. The damning figures strengthen the [...]
From Heathrow’s row to SAF: Here are the top five things to watch out for in aviation next year December 24, 2022 To say that the UK aviation industry has had an eventful 2022 would be an understatement. This time last year, airlines and airports were on their knees as the Omicron variant emerged from South Africa at the end of November and in a matter of weeks reached Britain, bringing with it a truckload of new [...]
Further price rises loom over shoppers after Coca Cola and Unilever reveal hikes July 27, 2022 Shoppers are set to face further wounding price increases in the coming months, as some of the world’s largest consumer goods giants admit that more cost hikes will be passed on to shoppers. Retail chiefs have warned more price increases are on the way, with the British Retail Consortium (BRC)’s Helen Dickinson admitting households and [...]
Labour calls on government to ban UK luxury goods exports to Russia March 3, 2022 Labour is calling on the government to ban the export of British luxury goods to Russia as a part of the sanctions package levelled against Vladimir Putin’s regime. Shadow international trade secretary Nick Thomas-Symonds said the government must clamp down on companies like Burberry and Vivienne Westwood selling their goods to Russia to ensure “Putin [...]