London (Parliament News) – HSBC CEO Noel Quinn resigns after an ‘intense’ five-year term, overseeing better-than-expected profits. A successor hunt begins as the bank looks to sustain growth. Quinn reflects on his tenure and plans. The chief executive of HSBC, Noel Quinn,
Israeli Prime Minister Benjamin Netanyahu has reaffirmed his commitment to launching a ground assault on Rafah in southern Gaza, despite ongoing truce negotiations aimed at reaching a ceasefire. On Tuesday, Netanyahu stated that Israel would destroy Hamas’ battalions in Rafah “with or
London (Parliament News) – Chuka Umunna, a former shadow business secretary and current JP Morgan banker, lobbies Labour on behalf of Czech billionaire Daniel Kretinsky for the acquisition of Royal Mail, sparking controversy and union backlash. Who is Behind the Push for
London (Parliament News) – MPs Question Government Transparency on EU Plant and Food Border Checks Lawmakers express concerns over Brexit border control delays, demanding clarity from the UK government on the phased implementation of checks. MPs have raised concerns over the UK
Russia is continuing its efforts to recruit foreign nationals to join its military for the war in Ukraine, according to a U.K. intelligence update on Monday. The most recent recruitment attempt includes an English-language leaflet inviting foreigners to join a “special” unit
The organizers of upcoming lantern festivals in Birmingham and London have refuted claims that the events are a scam. A trading standards investigation was launched after concerns were raised by ticket holders due to the lack of confirmed event locations. Birmingham City
London (Parliament News) – Bank of England cautious on interest rate cuts as UK PMI strengthens, signaling economic recovery amid inflation concerns. The possibility of a summer cut in UK interest rates was reduced on Tuesday after the Bank of England’s chief
A potential TikTok ban in the US could have a “potentially devastating” effect on some UK businesses, online traders are cautioning. President Biden has signed a bill mandating TikTok’s Chinese owner, ByteDance, to sell its stake in the app within nine months
London (Parliament News) – Brexit import checks delay causes business chaos. Businesses face uncertainty over implementation as the government postpones checks on EU imports. Businesses have conveyed Britain’s Brexit border designs as being in “complete disarray” after it emerged the intro of
London (Parliament News) – UK faces a second year of stagnant living standards, IMF forecasts. Despite expected growth, inflation and economic challenges persist into 2024. UK’s households will bear a second year without any progress in their living standards in 2024 as