CITY AM – Market Got No Chill: Disposable vapes to be banned as government cracks down on e-cigarettes CITY AM SAYS Disposable vapes are set…
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FT – Washington not looking for war with Iran after deadly assault on US troops THE FINANCIAL TIMES SAYS Washington said it was “not looking…
CITY AM says Daily Royal Mail deliveries are vital to the UK economy and losing them could risk “real disruption” to the nation’s finances, MPs and business lobbyists have warned.
Britain’s flagship Hinkley Point C nuclear power plant has been pushed back again until 2029 at the earliest, according to the Financial Times.
CITY AM SAYS The City’s continued strength has helped push services to a record share of total exports, new research shows, but the relative weakness of the rest of the country has seen the UK slip internationally.
Financial Times – Narrow voter ID rules expose Tories to claims of bias Conservative ministers have “opened themselves” up to the charge that a new…
The Financial Times says the world’s most successful hedge funds made their biggest profits in more than a decade last year as bets on stock markets paid off when share prices surged.
The Financial Times reports Chancellor Jeremy Hunt has hinted at more tax cuts in the months ahead as he left open the possibility of holding two budgets before the general election.
CITY AM reports Heathrow and Gatwick Airport’s plans for another runway are “f***ing off the wall” and far too expensive, Ryanair’s chief executive Michael O’Leary has said.
The Financial Times says stocks and bonds dipped in value on Wednesday as investors lost confidence in expectations of swift interest rate cuts in Europe, the US and UK.
CITY AM SAYS The City’s small investment banks and brokers have been through a wave of consolidation in the past 12 months. Could Peel Hunt be next?
The Financial Times says Rishi Sunak suffered the biggest revolt of his premiership over the Rwanda bill as dozens of MPs voted for an amendment seeking to toughen up the legislation.
CITY AM SAYS Signs of stress are emerging in the jobs market after three of the UK’s largest recruitment firms reported significant slowdowns in hiring in the final quarter of last year.
The Financial Times says the government could save at least £20bn per year if it modernised IT systems, tackled fraud and reined in large projects such as HS2, the head of the National Audit Office.
CITY AM SAYS Inflation is expected to continue its descent when new figures are released on Wednesday, amid growing fears that the conflict in the Middle East could spark a resurgence in inflation.
About 1m American manufacturing workers lost their jobs to Chinese competition in 1997-2011, as the country integrated into the global trading system and began shipping cheap goods overseas.
The Financial Times says the government tried to block Fujitsu, the firm implicated in the Post Office scandal, from new public contracts in the early 2010s.
CITY AM – ETON MESS: Thames Water sewers flood as £46,000-a-year school forced to delay term CITY AM SAYS Eton College has been forced to…
The FT leads with the Iranian navy seizing a tanker off the coast in Oman, amid tensions in the nearby Red Sea with assaults on vessels by Tehran-backed Houthi rebels.
The Financial Times reports that Rishi Sunak has promised a new law “within weeks” to overturn the convictions of sub-postmasters and sub-postmistresses involved in the Post Office Horizon scandal, the paper describes the legislation as “unprecedented”.
The Financial Times reports that, since 2019, when the Court of Appeal ruled that Fujitsu software had been at fault in the scandal, the technology company has been the joint or sole recipient of £4.9bn worth of government contracts.
CITY AM – Retail revival signals a new era in trading After a difficult 2023, outlook for online trading platforms brightens as retail investors return…
The Economist – Made in ’42. Roadworthy in ’24? The man supposed to stop Donald Trump is an unpopular 81-year-old The Economist says American politics…
Narendra Modi has responded to claims of an Indian assassination plot on American soil for the first time, telling the Financial Times he would “look into” any evidence
The Financial Times reports activist investor Cevian Capital has taken a €1.2bn stake in the Swiss bank UBS, betting it can double its valuation over the next three to five years.