Eurozone inflation revised slightly down – but it’s still twice the ECB’s target September 19, 2023 Eurozone consumer inflation in August was slightly lower than initially estimated, the European Union’s statistics office Eurostat said on Tuesday, but still remained more than twice the European Central Bank’s target. Eurostat said inflation in the 20 countries sharing the euro was 0.5 per cent month-on-month in August and 5.2 per cent year-on-year, lower than [...]
New contract for one of Britain’s least reliable train operators – and beleaguered Avanti September 19, 2023 One of Britain’s least reliable train operators has been handed a long-term contract renewal. The Department for Transport (DfT) announced that CrossCountry, whose network stretches across large parts of the country, will continue to run services. It also renewed Avanti West Coast’s contract. Office of Rail and Road (ORR) figures show the equivalent of 6.8 [...]
Brexit: Starmer meets Macron, as experts warn of bid for closer ties with EU September 19, 2023 Sir Keir Starmer will meet French President Emmanuel Macron as experts say he risks “demanding more than the European Union is willing to give” with his insistence on seeking closer ties with Brussels after Brexit. The Labour leader will hold talks in Paris on Tuesday, during which post-Brexit relations are expected to feature prominently, against [...]
Met Police: More than a THOUSAND officers suspended or restricted – and clean-up will take “years” September 19, 2023 Met Police bosses have warned rooting out "corrupt" officers will take "years" despite a new push
Farage debanking an outlier, reckons City watchdog’s investigation September 19, 2023 The bosses of both Coutts and Natwest quit after Nigel Farage was ‘debanked’ but an FCA report is expected to say it is not usual practice
OKX tie-up with McLaren part of ‘trust’ rebuild for sector September 19, 2023 CRYPTO giant OKX said yesterday that it sees sponsorships — such as its tie-up with McLaren — as a way of differentiating themselves from less reliable crypto exchanges.
Russell Brand: Pan Macmillan publisher ‘pausing’ all future projects with comedian September 18, 2023 Russell Brand’s publisher has announced it is “pausing” all future book projects with the comedian after allegations of sexual assault were made against him. Bluebird, an imprint of Pan Macmillan, has published Brand’s titles including Recovery: Freedom From Our Addictions and Mentors: How To Help And Be Helped in recent years. An Imprint is a [...]
JP Morgan unit opens short bet against CAB Payments months after bank worked on IPO September 18, 2023 JP Morgan’s asset management arm has taken out a bet against CAB Payments just two months after the firm floated to great fanfare in the capital.
SocGen shares tumble after new strategy sees little growth September 18, 2023 Societe Generale's shares plunged more than 9 per cent on Monday after France's third-biggest listed bank said it expected little if any growth in annual sales over the coming years in a keenly-awaited strategic plan from its new CEO.
London-listed Mondi leaves Russia after agreeing to sell biggest paper mill September 18, 2023 UK paper and packaging giant Mondi has agreed to sell its largest Russian plant for around 775 million euros (£668 million) to a Moscow-based property development group. Mondi’s share price jumped by nearly five per cent on Monday morning after it unveiled the deal involving Syktyvkar, its last remaining plant in Russia and the country’s [...]