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Barclays to be fined over ‘reckless’ financial crisis fundraising
The City regulator has revealed plans to fine Barclays £50m for alleged “reckless” conduct in relation to its 2008 financial crisis fundraising.The Financial Conduct Authority (FCA) said the penalty relates to a failure to disclose “certain arrangements” made with Qatari entities during the deals. The fundraising ultimately averted any need for the bank to seek …
Business
Evening Standard
Retail sales fall more than expected after Queen’s funeral
High streets and supermarkets witnessed another sales slump last month as shops were knocked by customers’ continued cost-of-living concerns and closures for the Queen’s state funeral.The Office for National Statistics (ONS) revealed that UK retail sales volumes declined by 1.4% last month.It came after a 1.7% decline in August.However, it was notably worse than expected, …
Business
Evening Standard
Chancellor to do ‘whatever necessary’ to bring down debt as borrowing swells
The Chancellor has vowed to do “whatever necessary” to drag Government debt lower after official figures revealed that borrowing swelled to £20 billion in September.The Office for National Statistics (ONS) reported that a jump in debt interest grew borrowing beyond the expectations of economists, laying bare the challenge facing the Chancellor and new Prime Minister …
Press Release
Pressat
New short film shows how Loop charity is reimagining humanitarian accountability.
Imagine a social media platform that is focused only on helping people. A place where anybody can speak to people around the world in their own language, to give feedback on humanitarian aid.That’s the theme of a new short film called IMAGINE from technology-based charity Loop, which is premiered today on YouTube.Loop has developed an online platform which …
Business
Sky News
Pound hit as government borrowing leaps and retail sales drop by much more than expected
The latest official data on the state of the public finances and consumer spending makes for grim reading as the country awaits its next leader, with financial markets reflecting renewed jitters over the economy.The Office for National Statistics (ONS) reported that public sector net borrowing came in at £20bn last month – £3bn more than …
Business
Sky News
Six in 10 adults struggling to keep up with their bills
Almost six in 10 UK adults are struggling to keep up with their bills, according to new research from the City regulator.The Financial Conduct Authority (FCA) estimated that 7.8 million people were struggling to keep up with their bills – an increase of around 2.5 million people since 2020 – when around 5.3 million people …
Business
Sky News
Rents at record high mean ‘extreme’ competition for properties
The average rent has hit a record high outside London and stood at an average of £1,162 per calendar month in the three months between July and September.Rent prices in London had their greatest ever annual increase, rising 16.1% to an average of £2,343 a month during the period, according to an analysis of 357,061 …
Press Release
Pressat
External cladding issues game changer
Existing buildings over 11m in the UK have been identified as having a concerningly high number of potential fire safety issues. One such issue is the requirement to create a fire compartment between the floors of a property, both internally and externally. The main safety concern with regards to external compartmentation is that should a …
Business
Sky News
Truss resignation sparks recovery for pound, shares and govt borrowing costs
There has been a positive market reaction to the resignation of Liz Truss after just 44 days in office, following the fierce backlash against her economic plan and humiliating climbdown.News that the prime minister was to make a Downing Street statement sparked a rally for sterling versus the dollar – leaving the UK currency almost …
Business
Sky News
PM resignation sparks recovery for pound
There has been a positive market reaction to the resignation of Liz Truss after just 44 days in office, following the fierce backlash against her economic plan and humiliating climbdown.News that the prime minister was to make a Downing Street statement sparked a rally for sterling versus the dollar – leaving the UK currency almost …
Press Release
Pressat
North Wales man walks free with suspended sentence after admitting badger baiting and cruelty to dogs
Phil Stevens, 38, of Lon Lladfan, Prestatyn, has been sentenced to 24 weeks in prison, which has been suspended for 12 months, after pleading guilty to animal cruelty offences under the Protection of Badgers Act 1992 and the Animal Welfare Act 2006, including causing unnecessary suffering to his own dogs. A joint investigation by North …
Press Release
Pressat
JOE MARLER TO RETURN FOR THE BARBARIANS v ALL BLACKS XV – TOTTENHAM HOTSPUR STADIUM
JOE MARLER TO RETURN FOR THE BARBARIANS One of the most popular Barbarians of recent years is set to make a stunning return in the Black and White as Harlequins’ Joe Marler is named in the squad in London ahead of the Killik Cup against All Blacks XV on Sunday 13 November . The popular …

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