John Barnes, the former England and Liverpool footballer, has been banned as a company director after his business failed to pay tens of thousands of pounds in tax. John Barnes …
Investing
Cocaine: Drug kingpin found guilty of smuggling £132m-worth into Britain disguised as ink
A drug kingpin who smuggled and helped to distribute £132m-worth of a Class A drug disguised as printer ink is facing time behind bars after being found guilty. Jonathan Strogylos …
Britain’s competition watchdog killed more deals than the EU’s since 2019
Britain’s competition watchdog has thwarted more deals than its European counterpart over the past five years, as antitrust screening tempers the pace of mergers and acquisitions (M&A). Average UK deal …
Lift auto-enrolment pension contribution to 12 per cent for £10bn boost, report argues
Raising the minimum rate of contribution on auto-enrolled pensions to 12 per cent could boost the retirement wealth of an average 18-year-old by nearly £100,000, a new report has argued. …
Regulator launches three investigations into Microsoft and Amazon
Britain’s competition watchdog has launched a tirade of investigations into whether Microsoft and Amazon’s partnerships with three different artificial intelligence (AI) startups have resulted in relevant merger situations. The Competition …
London Metals Exchange to clamp down on Russian metal ‘rent share’ trading games
The London Metal Exchange has outlined plans to clamp down on trading methods used by traders such as Trafigura and Glencore to circumvent sanctions on Russian metals. The commodities giants …
PMQs sketch: Dowden and Rayner build fragile house of cards
Practice makes perfect, the saying goes. Put in 1,000 hours at anything – even facing down the braying green benches opposite you – and improvement is all but guaranteed. It’s …
Canary in the coal mine? Trust asset value crashes following Gove’s proposed ground rent reforms
An investment trust that was set up to invest in ground rents has seen its net asset value slashed by around a quarter as it has started to factor in …
Boeing posts £285m loss as 737 Max production dips amid fallout from Alaska disaster
Boeing reported a net loss of $355m (£285m) in the first quarter as it continues to grapple with the fallout from January’s Alaska Airlines incident. Revenue fell eight per cent …
The Society of Magical Negroes review: Race satire falls flat
First coined by Spike Lee during a series of lectures in the early 2000s, ‘The Magical Negro‘ refers to the trope of having a supporting black character come to the …