Spain’s prime minister says Europe needs to re-industrialize
Spain’s prime minister says Europe must “re-industrialize” to become more self-sufficient and less dependent on third countries for energy and key raw materials.
Business
How Nigel Lawson turned postwar economic consensus on its head
Former chancellor fundamentally changed the UK economy during his six-year stint at the Treasury, and not much has changed since thenNigel Lawson: former Conservative chancellor dies, aged 91Enoch Powell famously said all political careers end in failu…
Dimon: Bank rules should change after Silicon Valley Bank
JPMorgan’s Jamie Dimon told investors Tuesday that government and banks should work to adjust industry regulations following the collapse of Silicon Valley Bank and Signature Bank last month.
UK’s status as cinematic powerhouse at risk, warns Oscar winner David Puttnam
In speech to Bafta, Chariots of Fire producer says industry must invest ‘far more’ to close yawning skills gapThe Oscar-winning producer David Puttnam has issued a rallying cry to the film industry to address its yawning skills gap and grow audiences b…
CBI cancels all events after Guardian’s sexual misconduct allegations
Annual dinner is among events cancelled because of ‘very serious’ claims that are being investigatedRevealed: claims of sexual misconduct at CBIThe UK’s most prominent business lobbying organisation, the Confederation of British Industry, has cancelled…
Wyelands Bank rebuked by Bank of England for regulatory failings
Central bank decides against £8.5m fine due to collapsed firm’s ‘limited resources’The Bank of England has issued a public reprimand against the Greensill-linked Wyelands Bank after discovering “wide-ranging significant regulatory failings” at the lend…
Australia hits peak ‘return to office’, transport experts say
In what looks to be the new work-from-home normal, the average Australian worker spends 27% or more of their working hours at homeGet our morning and afternoon news emails, free app or daily news podcastTransport experts believe post-pandemic work habi…
Payday lender Cigno’s cash prize lottery raises concerns of consumer groups
Past incarnations of the company which charged exorbitant fees for small loans were pursued in the courts by AsicGet our morning and afternoon news emails, free app or daily news podcastPayday lender Cigno is offering lottery-style cash prizes in a rev…
Frank Founder Javice Charged With Defrauding JPMorgan
Frank founder Charlie Javice was charged with fraud in the $175 million sale of her college financial planning site to JPMorgan Chase. The charges include conspiracy, wire fraud, bank fraud and securities fraud. From a report: JPMorgan, which acquired …
Officials reach deal to restart northern Iraq oil exports
Officials say an agreement has been reached to resume oil exports from Iraq’s northern Kurdish region through a pipeline to Turkey.