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.
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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.
Adobe has dropped its planned takeover of product design firm Figma due to UK and EU regulatory issues, the Financial Times reports.
CITY AM SAYS Investors are hoping for a so-called Santa Rally to push the FTSE 100 further into the green this year.
The Financial Times splashes on a warning from the IMF that the Ukrainian economy could be in trouble if Kyiv’s allies don’t speed up extra funding for the war-torn nation.
The Financial Times splashes on the climate deal reached at COP28 which has mentioned a desire to shift away from fossil fuels for the first time.
CITY AM SAYS Fast fashion giant Shein has reportedly spoken to London stock market bosses about shifting a planned IPO from Wall Street to the capital.
Elementor #572106December 13, 20231 Min Read Summary of the Top 6 headlines today Metro – Rishi Saves His Bacon The Metro splashes on the news that…
The Financial Times leads on the government’s migration bill vote passing – saying Rishi Sunak headed off a “right-wing revolt”.
The Financial Times focuses on anger at COP28, where oil-rich states have been accused of thwarting efforts to tackle the climate crisis.
The FT front page features a poll suggesting nearly half of US voters think President Biden is spending too much on aid for Ukraine.
CITY AM – Stubbed Out The front page of the London business paper reports on British-American tobacco has taken a £25bn hit on its legacy…
Labour has enlisted 10 City of London advisers to help the party ditch its “sneering” image, the Financial Times reports.
The Financial Times goes with the resignation of immigration minister Robert Jenrick, saying it scuppered Rishi Sunak’s bid to reunite his party.
The Financial Times leads with Brussels proposing a three-year delay to tariffs that were due to hit electric vehicle sales between the UK and EU.
CITY AM SAYS Jeremy Hunt has denied the UK economy has a “broken leg” but admitted it is suffering from a “sprained ankle.”
The FT leads with the government’s latest migration plan, reporting that ministers want to reduce numbers coming into the country by 300,000 a year.
THE ECONOMIST says for the first time since Vladimir Putin invaded Ukraine on February 24th 2022, he looks as if he could win.
