NatWest back in private control for first time since taxpayer bailout
The Government faces a loss of around £20bn on its bailout of NatWest, in which it has become a minority shareholder after years of deeply below-cost share…
Cornish tin mine revived by £25m investment from ex-Tory Party treasurer
Richard Williams, chief executive of Cornish Metals, said: “[This investment] really reaffirms that we have a strategic asset in the UK, in Cornwall. Tin is essential to…
Oligarchs’ superyachts and mansions must help fund a new Ukraine
One point is certain, however. It will be a heck of a lot of money. In effect, that should be turned into reparations (and even better, much…
Why Russia’s cyber apocalypse has failed to materialise
But a lack of similar attacks has left something of a void in analysts’ thinking. Others, however, believe this subsequent quiet period fits what is known in…
Why traders think the US economy is about to go into reverse
A warning sign for the world’s biggest economy is flashing on the dashboard of bond markets. Part of the Treasury yield curve has inverted, a strong signal…
HSBC removes references to ‘war’ in Ukraine from analyst reports
HSBC has deleted references to “war” in Ukraine from reports written by its analysts as the bank resists pressure to close down its Russian operations. Moscow has…
Brussels takes legal action against UK over use of British parts in wind farms
Brussels has launched a legal challenge over the use of British parts in the UK’s offshore wind farms. The European Commission submitted its complaint to the World…
Waitrose on the warpath after Asda launches Just Essentials range
Waitrose is at loggerheads with Asda after the budget supermarket announced plans to launch a cut-price range with a similar name to its “Essential Waitrose” brand. Lawyers…
EU loophole that let P&O sack 800 workers to be closed
“My advisers keep on telling me ‘stop praising Grant Shapps’,” Turner says. “[But] the truth is Grant Shapps has done a lot of heavy lifting behind the…