Bank of London: Questions persist over unicorn’s finances and governance September 24, 2024 In the span of just two weeks, fintech "unicorn" The Bank of London has gone from relative obscurity to being thrust into the public spotlight for all the wrong reasons.
Britain’s charity sector is being buffeted by the winds of the recession December 5, 2022 The charity sector in the UK is massive. Not just the sheer number of charities, the amount they contribute to the economy or the number of people they employ (165,000, £20bn and 950,000 respectively), but most importantly, their impact. Most of you reading this, whether you know it or not, will have had your lives [...]
What Amazon is doing with French football rights and the clues it offers to its plans for the Premier League July 14, 2021 Amazon is yet to make its widely anticipated big move for Premier League football rights, being content so far to buy up handfuls of live games and bundle them with its Prime Video subscription. But it is a different story in France, where the e-commerce behemoth is embarking on its first season as the main [...]
Oil prices surge as Western sanctions on Russia bite March 1, 2022 Both major oil benchmarks surged today, amid escalating concerns over supply disruptions after Russia's invasion of Ukraine.
Roger Varian interview: ‘Will I enjoy Royal Ascot? Ask me at the end of the week’ June 19, 2023 Leading trainer Roger Varian on the importance of success at Royal Ascot this week, his ambitions to run Britain’s No1 stable and the future of the horse racing industry. Six days a week at 4:30am, just as the first sunlight is starting to bathe the Cambridgeshire-Suffolk border, horse racing trainer Roger Varian gets up and [...]
Backing the central bank pivot is a risky bet October 25, 2022 It is easy to criticise central banks for heaping pain on households and businesses. But, this is exactly what they are supposed to do under current economic conditions. Inflation in the UK, US and eurozone has hit 10.1 per cent, 8.2 per cent and 9.9 per cent respectively, all historic highs. The Bank of England [...]
When solidarity dissolves, Britain needs to get a grip of immigration rules March 15, 2022 Yesterday, Secretary for Levelling up Michael Gove unveiled the Homes for Ukraine scheme, aimed at welcoming “tens of thousands” of refugees fleeing the war. The scheme seeks to complement the first corridor the government made available for Ukrainians who have relatives in the UK. Discontent inside and outside Westminster has been rife, with Downing Street [...]
Bank of England to hoist rates to highest level since 2009 January 30, 2022 Interest rates in the UK will climb to the highest level since the immediate aftermath of the financial crisis by the end of the year, City traders are betting. The Bank will reinforce its sharp policy shift to zeroing in on rampant inflation at its meeting of rate setters this Thursday after it hiked rates [...]
Government to crack down on developers trying to dodge cladding contributions with new powers for courts February 14, 2022 The government has announced amendments to its building safety bill which will allow cladding companies to be sued for defective products. The amendments also confirm the government’s intentions to block firms from the market if they do not financially contribute to remediations on buildings with unsafe cladding. The department for levelling up, housing and communities [...]
Budget 2021: Sunak puts low tax conservatism to the sword October 28, 2021 Chancellor Rishi Sunak will heap extra financial pain on households across the UK as he puts low tax conservatism to the sword. Sunak’s wave of spending will lay the groundwork for a permanently more punitive tax regime that will intensify the cost living crisis, leaving Brits “worse off in the short term”, the Institute for [...]