UK lags behind Europe in easing high fuel costs.
andyjalil@aol.com Amid a cost-of-living crisis, the UK is lagging behind many of its European Union rivals when it comes to easing the burden of high fuel prices. Data received by motoring group RAC...
BoE recession warning hits UK consumer confidence
Fears of a protracted recession as long as the one caused by the financial crisis in 2008 is weighing heavily on peoples’ optimism, according to a survey released last week. Consumer confidence...
Sterling’s double does job for Chelsea
London: Considering they were down to 10 men for all but 28 minutes of their match against Leicester, Chelsea’s performance was quite commendable in their 2-1 win. There was an early red card for...
London continues to be world’s top fintech city
London was confirmed last month as the world’s top hub for fintech venture capital funding. This year so far, it has raised $6.3bn which is well ahead of New York, at $4.5bn and Silicon Valley, at...
Innings victory for South Africa in first Test
South Africa take the lead in the three-Test series beating England comprehensively by an innings and 12 runs before tea on the third day after a most lamentable batting performance from England.If...
South Africa take early control in first Test
Having dismissed England for a modest total of 165, South Africa are consolidating their innings, having reached a total of 138 for two shortly before tea on the second day of the first Test. Sarel...
Sunak, Truss looking for backing from financial sector
In their bid to be the next prime minister of the UK, both Rishi Sunak and Liz Truss regard the backing from the financial district of London – known as the ‘City’ – as imperative. Key...
Spurs rescue point in explosive London derby
London: Tempers ran high and reached boiling point with managers of both teams being given marching orders at the end of a pulsating London derby from which Tottenham Hotspur managed a 2-2 draw...
Next prime minister needs to fix UK relations with EU
The City of London Corporation’s policy chairman, Chris Hayward, who took over the position in May, has called for the winner of the race – between Rishi Sunak and Liz Truss – to become the...
Brexit bill allows government checks on regulators
The long-awaited Financial Services and Markets Bill which was published on July 20 by the UK government brings in a new era of scrutiny for the Financial Conduct Authority and the Prudential...
Despite tough times ahead, pays soar in law firms
London law firms have been posting bumper results this year and passing the £ 1 million mark for average pay for firms’ partners. Firms, such as, Pinsent Masons, Osborne Clarke and Simmons &...
Control on pay leaps for asset managers
andyjalil@aol.com - The search for talented fund managers has been intense for several months with top salaries on offer. But now these professionals have been warned that soaring pay and bonuses...
England draw level with 100-run win in second ODI
With a comprehensive 100-run victory in the second ODI, England drew level with India, avenging the 10-wicket defeat in the first match. While there were no individual batting achievement of note in...
India blow away England after Bumrah blitz
LONDON: Rohit Sharma, in imperious form, led India to an overwhelming 10-wicket victory in the first of three one-day internationals (ODI) and the outstanding Jasprit Bumrah, the Player of the Match,...
UK sanctions boss warns of pushback
London’s legal firms are set to be put into the spotlight as sanctions director predicts a great deal of Russia litigation. The man behind the UK’s sanctions regime is expecting significant legal...
Root, Bairstow power England to historic chase
Birmingham: This was an England performance to savour, not just for the comfortable 7-wicket win in the carried-over fifth Test to level the series of 2021, but for the wonderful exhibition of batting...
Investors warn of bitcoin risk to other assets
Cryptocurrency traders are bracing for more turmoil after a market meltdown claimed more than a thousand jobs and put the industry on the brink of a so called ‘crypto winter’ when trading is...
India strongly placed despite Bairstow’s fine innings
BIRMINGHAM: Jonny Bairstow’s magnificent form with the bat saw him to his third century in three consecutive Tests and helped England to a first innings total of 284 in reply to India’s 416.India...
Hiring spree to bolster banks in Europe
andyjalil@aol.com - A major review by the European Central Bank (ECB) slammed banks for not shifting enough resources to the EU in the wake of Brexit and will ask some to appoint new senior staff,...
Bankers fear job cuts as deal boom ends
andyjalil@aol.com - There was a time of ‘making hay while the sun shines’ – but now the good times in deal making are fizzling out. The boom of 2021 led to record fees of $130bn for the...