Nicola Sturgeon quits as Scotland’s First Minister but insists resignation is ‘not a reaction to short-term pressures’ February 15, 2023 Nicola Sturgeon has resigned from her role as first minister of Scotland following a series of political setbacks. Speaking in Edinburgh this morning, Sturgeon said serving as first minister had been a “privilege beyond measure” as she announced her resignation. She confirmed she would stay in office until a replacement had been chosen and indicated [...]
Mark Carney: Ex-Bank governor says fiscal rules must enable greater public investment October 10, 2024 "If government money is being spent to build or buy an asset on behalf of the nation, it is only right that its value is captured in the definitions of national debt," he wrote in the Times.
Meal deal maker Greencore hikes profit outlook October 8, 2024 Food manufacturer Greencore—which produces sandwiches for supermarket meal deals—has said it anticipates full year profit to be “ahead of current market expectations.” In a trading update issued today, the convenience food firm, which supplies all the UK’s major supermarkets with salads, sushi, sandwiches, snacks, ready meals, and soups, said like for like revenue growth for [...]
Ticketmaster returns to profit ahead of Oasis reunion tour boost October 7, 2024 The UK operation of Ticketmaster returned to profit during its latest financial year ahead of the anticipated boost it will receive from the controversial ticketing of Oasis’ reunion tour. The London-headquartered division has reported a pre-tax profit of £19.7m for 2023, up from the pre-tax loss of £12m it fell to in 2022. Newly-filed accounts [...]
Starmer ally Powell rejects ‘stitch up’ claim: Sue Gray ‘impartial and really good at her job’ March 3, 2023 Labour’s shadow culture secretary has hit back at claims of a “stitch up”, after Partygate investigator Sue Gray joined Keir Starmer’s top team. Lucy Powell described partygate investigator Sue Gray – who plans to join Labour as Sir Keir Starmer’s chief of staff – as “impartial” and “really good at her job”. She told ITV’s [...]
Business closures surpass openings for the first time since 2010 as higher borrowing costs bite November 29, 2023 Business closures have overtaken openings for the first time since 2010, a report in the Financial Times analysis has suggested
Watch as Formula E leader Rowland RUNS OUT of energy in race April 14, 2024 Brit Oliver Rowland was denied back-to-back Formula E wins in Misano after his car ran out of juice on the final lap of Sunday’s race. Having taken victory in the first of two Formula E races this weekend due to the disqualification of winner António Félix da Costa, the Nissan driver was leading on the [...]
City of London elects veteran financier as next Lord Mayor September 30, 2024 A financial services and asset management veteran has been elected as the 696th Lord Mayor of the City of London, and will take up his post in November. Alderman Alastair King will serve as the Square Mile’s global ambassador, taking up the historic role on 8 November, succeeding Professor Michael Mainelli. King will assume his [...]
Sunak: I believe Northern Ireland has bright future April 9, 2023 Rishi Sunak is focusing on fulfilling the promise of the Good Friday Agreement as he prepares to host Joe Biden in Northern Ireland to mark 25 years of the peace deal. The Prime Minister said “making good” on the pledge of a “better future” for the nation is first and foremost on his mind ahead [...]
Tesco share price: Analysts watch grocer’s market share April 9, 2023 Tesco is expected to reveal a dip in profits for the past year as the supermarket group grappled with rampant food and drink inflation. The UK’s largest retailer will update investors and analysts over its financial performance for the year to February in an update on Thursday April 13. A consensus of analysts has said [...]