Sunak and Starmer offer little new year cheer on ailing UK growth path January 10, 2023 This brand new weekly column, published every Tuesday, will drill down into the stories behind the numbers to reveal what makes the UK – and global – economy tick. But, today, inspired by what resembled soon-to-broken new year’s resolutions by political leaders last week, it will make the case for why a stable government economic [...]
The Notebook: Victoria Scholar on defensive plays, BA’s new uniforms and Elon Musk’s fall from fortune January 10, 2023 The Notebook is a new feature for 2023, allowing the City’s biggest names to get a few thoughts off their chest. Today it’s the turn of Victoria Scholar, Head of Investment at interactive investor It has been widely reported that the UK is on the brink of recession while a third of the global economy [...]
Camelot’s National Lottery damages claim could drain £600m out of good causes says Gambling Commission June 30, 2022 Gambling Commission Chair Andrew Rhodes has admitted that damages for the National Lottery competition process may come from good causes, potentially sucking £600m from sports and arts funding. It comes after the High Court found in favour of the gambling regulator after the Camelot chief executive Sir Nigel Railton launched legal action claiming the body had [...]
Marcus McGuane: Former Arsenal prodigy finding feet at Oxford United – via Barcelona – set to face Gunners in FA Cup third round January 9, 2023 Marcus McGuane looked destined to lead Arsenal back to the top, but on Monday he will be plotting their downfall with Oxford United in the FA Cup third round. Before Bukayo Saka and Emile Smith Rowe there was Marcus McGuane. Like Saka, McGuane joined Arsenal’s Hale End academy shortly after starting primary school and, as [...]
End of Bank of England £800bn bond buying scheme poses headaches for Treasury and taxpayers February 28, 2023 The magic money tree is shedding its leaves. Over a decade of cheap cash propping up the global economy has been toppled by a once in a generation inflation problem. QE was a necessary response to the batch of shocks ricocheting around the global economy since 2008. Now it’s shifted into reverse. But how did [...]
Adam Norris: A driving force for the good of the planet October 11, 2022 Adam Norris talks to City AM about his remarkable life, a burning passion for making a difference, and being the father of a Formula 1 star.
Hospitality firms plead for energy bill support to survive ‘dire’ situation worse than pandemic August 16, 2022 A host of hospitality and small business bodies yesterday warned that many pubs, restaurants and hotels will not survive the “onslaught” of higher energy costs in the coming months. Representative bodies including UK Hospitality warned politicians that unlike domestic customers, rates are not capped for small businesses. Last week analysts at forecaster Cornwall Insight suggested [...]
Government turning to more CCTV and street lighting to reduce crime October 24, 2021 Chancellor Rishi Sunak is expected to pledge millions for better CCTV and improved street lighting and give £80m in additional funding to the Crown Prosecution Service. It is part of a £435m package of measures aimed at preventing crime and will form part of next week’s Budget, with a focus on violent offences against women. [...]
Driven to suicide by blindness: How a woman finds a second chance at sight and life October 2, 2022 Losing one’s sight is terrifying and daunting. It leaves the visually impaired person reliant on those around them to assist them in navigating their way through the world. Without the help and generosity of others, it can lead to a loss of hope and tragically sometimes life. 55-year-old Chyo Maya Praja lives high up in [...]
Energy market meltdown could burden UK households with £3.2bn bill November 29, 2021 UK households could be on the hook for £3.2bn to fix the energy market meltdown which has already affected four million customers.