Kwarteng’s go for growth call shouldn’t be that controversial a message September 13, 2022 Go for growth. That’s the message given to the Treasury by the new Chancellor Kwasi Kwarteng, we are told, with a need to do things differently under fresh leadership. Who are we to argue? Of course, simply ordering the Treasury to deliver 2.5 per cent growth does not make it happen. If there was a [...]
Editorial: The right to peacefully protest is as British as the monarchy September 12, 2022 We are thinking much of tradition at the moment, and of what it means to be British. One of the unalienable rights available to Brits is, that as long as you’re not hurting anybody, you have the ability to speak your mind unheeded. Yesterday two Edinburgh men were arrested for breach of the peace for [...]
Thousands line streets to pay respects to procession of Queen’s coffin September 11, 2022 Floral tributes were thrown into the path of the Queen’s coffin as thousands of people turned out to pay their respects as the monarch began the journey to her final resting place. Her oak coffin, draped with the Royal Standard of Scotland with a wreath of Balmoral flowers on top, began its six-hour trip from [...]
Editorial: She was the best of us, and let us be the best of her September 11, 2022 So, it has come to pass – something we all knew was coming, in our heart of hearts, but wished would stay for another day, just another day. For her selflessness, her sacrifice, and her devotion to duty, we owe Her Majesty a quite extraordinary debt. There will be many words written over the coming [...]
Market wrap: London stays open and sees shares and pound rise September 9, 2022 Markets in London traded as usual on Friday, and saw shares and the pound trade higher. The London Stock Exchange confirmed that it planned to maintain normal opening hours after the death of the Queen, but would close during any public holidays. The FTSE 100 joined an international rally, which saw global markets break out [...]
King Charles III: Address to the nation in full September 9, 2022 King Charles III delivered his first address to the nation as Sovereign on Friday evening. Broadcast across the Commonwealth and beyond, the King promised he would lead with “loyalty, respect and love.” Here is King Charles III’s address in full: “I speak to you today with feelings of profound sorrow. Throughout her life, Her Majesty [...]
King Charles III: I will serve with “loyalty, respect and love” September 9, 2022 King Charles III said this evening he felt a sense of loss “beyond measure” at the passing of his mother Queen Elizabeth II in his first address to the nation as sovereign. The new monarch said the Queen’s “dedication and devotion as Sovereign never wavered, through times of change and progress, through times of joy [...]
Asos warn on profits as cost of living crisis hits consumers September 9, 2022 Asos has cautioned over profits after sales fell below expectations in August as consumers tightened their belts in response to rising bills. The online fashion giant said it saw “good growth” in June and July and expects total sales for the year to August 31 to remain within market expectations. However, it said it is [...]
In memoriam: HM The Queen and the Square Mile September 8, 2022 Her Majesty the Queen was a regular visitor to the City, from major speeches to visiting our most historic church, St. Paul’s Cathedral. The links between the Palace and the City have been strong since Her Majesty’s coronation. At one lunch at the Guildhall, marking the 40th anniversary of her accession to the throne, she [...]
Lloyd’s boss: City has ‘big few months ahead’ to ensure Square Mile vitality September 8, 2022 Lloyd’s of London chief John Neal reckons the City has a “big few months ahead” to ensure the Square Mile retains its pre-pandemic vitality. Speaking to City A.M. this morning after a positive set of half-year results for the insurance marketplace, Neal said that though he recognises that “flexibility is critical” he also said there [...]