Trump Organisation fined £1.3m for tax fraud January 13, 2023 Donald Trump’s company has been fined 1.6 million dollars (£1.3 million) as punishment for a scheme in which the former US president’s top executives dodged personal income taxes on lavish job perks – a symbolic, hardly crippling blow for an enterprise boasting billions of dollars in assets. A fine was the only penalty a judge [...]
‘Stand up to Brexit purity cult’, Keir Starmer to urge Rishi Sunak in Northern Ireland protocol speech in Belfast January 13, 2023 Rishi Sunak must stand up to the “Brexit purity cult” of Eurosceptics on the Tory benches to find a solution to the Northern Ireland Protocol issues, Sir Keir Starmer will say. The Labour leader will use a speech in Belfast to urge the Prime Minister to take on the European Research Group (ERG) in order [...]
Benjamin Mendy: Premier League footballer for Manchester City cleared of sex attacks and rape January 13, 2023 Premier League footballer Benjamin Mendy has been cleared of sex attacks on four women, as jurors failed to reach verdicts on two others following a six-month trial. The Manchester City star, 28, sitting in the dock at Chester Crown Court, covered his face with both hands, gently rocking back and forth, as the jury foreman, [...]
Tesla shares: How Musk made history with the biggest loss of personal wealth ever recorded January 12, 2023 The ongoing woes at social media microblogging site Twitter have impacted hugely on the wealth of its owner, the world’s richest person Elon Musk. Musk lost an estimated £135bn between November 2021 and December 2022, according to Guinness World Records. This means he holds the record for the largest ever loss of a personal fortune. [...]
Sadiq Khan: Time to end ‘vow of silence’ on Brexit business hit – and his plan to fix it January 12, 2023 Mayor of London Sadiq Khan will lay into what he describes as the “selective amnesia” of government ministers who ignore the impacts of Brexit on the British business community. Speaking at a black tie dinner in the City tonight, Khan will say that the “unnecessarily hard-line version of Brexit (ministers have chosen) is having a [...]
Partygate: Boris Johnson joked staff were at ‘the most unsocially distanced’ gathering according to bombshell report January 11, 2023 Boris Johnson allegedly joked at a boozy No 10 leaving do during the coronavirus pandemic that staff were at “the most unsocially distanced party in the UK”. The claims will put the former prime minister under further pressure as he faces a parliamentary investigation into whether he misled MPs over the so-called partygate scandal. A spokesman for [...]
Sadiq Khan urges government to continue investing in future TfL projects January 10, 2023 The Mayor of London nhas called on the government to continue funding Transport for London’s future projects. Sadiq Khan told City A.M: “The history of London Underground shows that you’ve got to invest now for the future, you can’t stand still,” “We need government support for further investment in both the underground network and [...]
Sadiq Khan says ‘talking is better than walking’ as he urges unions to call off Elizabeth line strike January 10, 2023 Sadiq Khan has urged rail unions to call off their planned strike on the Elizabeth line this week and encouraged them to get back to the negotiating table, saying that “talking is better than walking.” Rail platform workers on the line from unions TSSA and Prospect are set to down tools on Thursday after rejecting [...]
Putin yanks Russia out of European anti-corruption scheme January 10, 2023 Russia has opted out of a European convention on fighting corruption, a move that comes in the wake of its withdrawal from the Council of Europe following start of Moscow’s military action in Ukraine. Russian President Vladimir Putin asked the lower house of parliament, the State Duma, to terminate adherence to the Council of Europe’s convention on [...]
The Notebook: Victoria Scholar on defensive plays, BA’s new uniforms and Elon Musk’s fall from fortune January 10, 2023 | City Talk The Notebook is a new feature for 2023, allowing the City’s biggest names to get a few thoughts off their chest. Today it’s the turn of Victoria Scholar, Head of Investment at interactive investor It has been widely reported that the UK is on the brink of recession while a third of the global economy [...]
