Morgan Stanley: Ted Pick wins race to replace long-time chief James Gorman at Wall Street bank October 26, 2023 Morgan Stanley’s Ted Pick won the race to succeed long-time CEO James Gorman and promised to stick to the blue chip Wall Street firm’s strategy as it navigates a deal-making slump and uncertain economic outlook. The investment bank said Gorman, who has held the top job since 2010 and steered the bank in the aftermath of the [...]
Facebook-parent Meta beats revenue estimates on digital ad strength October 26, 2023 Meta beat expectations for third-quarter profit and revenue on Wednesday, helped a recovery in digital advertising spending.
Gaza humanitarian access ‘must not be one-off’, says Cleverly October 21, 2023 Foreign Secretary James Cleverly has said nee aid flowing into Gaza is a “lifeline” for those suffering in the territory.
Thousands attend pro-Palestinian marches as Gaza braces for invasion October 14, 2023 Thousands of people have gathered for pro-Palestinian demonstrations across the UK, amid international concern over the situation in Israel and Gaza. A gathering in London attracted a crowd of thousands, with police warning in advance that anyone showing support for militant group Hamas could face arrest. More than 1,000 officers were deployed by the Metropolitan [...]
Freezing working-age benefits could save £4 billion but at ‘terrible cost’ October 14, 2023 Freezing working-age benefits next year could save the Treasury more than £4 billion but at a “terrible cost” of plunging an additional 400,000 children into poverty, a think tank has warned. The Resolution Foundation said its research suggested that scrapping the uprating of working-age benefits in line with prices inflation next year would reduce the [...]
More than 16,000 customer queries after Luton Airport car park fire October 14, 2023 Luton Airport has received more than 16,000 customer queries following a fire at one of its car parks earlier this week. Up to 1,500 vehicles were affected when the airport’s multistorey Terminal Car Park 2 became engulfed in flames on Tuesday. Drivers with vehicles still inside the structure said on Friday they had been offered [...]
BBC reaches £9m financial settlement with Andrew Flintoff over Top Gear crash October 14, 2023 The BBC has reached a reported £9m financial settlement with Andrew “Freddie” Flintoff after he was hurt in a crash while filming Top Gear. The former England cricket captain, 45, appeared with facial injuries in public for the first time in September, nine months after he was taken to hospital after he was hurt while [...]
Thousands to march in London pro-Palestinian protest as Gaza expects invasion October 14, 2023 Thousands of people are expected to march in a pro-Palestinian demonstration in central London as police warn that anyone showing support for Hamas or deviating from the route could face arrest. The Metropolitan Police Service will deploy more than 1,000 officers to police the demonstration, in which people will be marching in solidarity with Palestine [...]
Predictions of death of the high street ‘overstated’, says John Lewis October 2, 2023 Predictions of the death of the high street have been “overstated”, John Lewis has said, as it announced its proportion of sales being made online has fallen and store visits are up.
Sunak insists UK is not a ‘laughing stock’ as he fails to rule on HS2’s future October 1, 2023 Rishi Sunak has insisted the UK is not a “laughing stock” as he failed to announce a decision on whether HS2 will ever reach Manchester.