Senior treasury officials ‘offered to change rules of Covid support scheme for Greensill Capital’

Senior treasury officials offered to try to redesign a coronavirus business support scheme to help David Cameron, it has emerged. It comes as the former Prime Minister has been embroiled in controversy over texts asking Chancellor Rishi Sunak to support his employer Greensill Capital. Top officials went on to try to find a way for … Read more

Activists launch fake oil attack on the City slickers during Extinction Rebellion prank 

Five are arrested after activists launched fake oil attack on the Bank of England in an  Extinction Rebellion ‘April Fool’s prank’ Members of Extinction Rebellion sprayed fake oil over the Bank of England Covered outside in substance made of mixture of black pond dye and guar gum  The City of London police attended the demonstration … Read more

GCHQ sets fiendish quiz to mark launch of Alan Turing £50 note which could take SEVEN HOURS to solve

It is an enigma worthy of our greatest code breaker. Britain’s spy centre has devised its ‘toughest ever’ quiz to celebrate Alan Turing becoming the new face of the £50 note by the Bank of England. If that was not enough for keen cryptographers, the note itself also contains a number of coded references to … Read more

GCHQ sets fiendish quiz to mark launch of Alan Turing £50 note which could take SEVEN HOURS to solve

Spy harder: GCHQ sets fiendish quiz to mark the launch of Alan Turing £50 note… but experts say it could take you SEVEN HOURS to solve the riddle Britain’s spy centre GCHQ devised a quiz to celebrate the new Turing £50 note The note itself contains coded references to the mathematician and his life The … Read more

Watchdog launches formal investigation into claims David Cameron lobby laws

Watchdog launches formal investigation into claims David Cameron breached ‘anti-sleaze’ laws his own government introduced by ‘lobbying the Treasury to get stricken financial firm Greensill access to Covid loan schemes’ Former prime minister alleged to have lobbied Treasury on behalf of Greensill  Said to have been part of efforts to increase firm’s access to Covid … Read more

Savers suffer worst year on record as rates plunge to 0.01% during Covid pandemic

Savers suffer worst year on record as rates plunge to 0.01% during Covid pandemic Money Mail analysis reveals that savers have forfeited an estimated £3.55billion in interest as a result of rates plummeting during the coronavirus pandemic  Rates have tumbled from an average of 0.5 per cent to just 0.1 per cent rate By Fiona … Read more

British business confidence surges amid vaccination drive success

British businesses are increasingly confident of bouncing back this year, with levels of optimism higher than their global counterparts, according to a new survey.  UK firms are more likely to expect a rebound in activity in the coming months than their competitors around the world and expectations of a spike in growth are now stronger … Read more

Finance industry could see widespread mortgage defaults if leaseholders forced to pay for repairs

Could cladding scandal trigger new bank crisis? Finance industry could see widespread mortgage defaults if leaseholders are forced to pay for safety repairs, MPs are warned Widespread mortgage defaults could spark a economic meltdown, expert warns It is due to cladding on buildings which could cost thousands to homeowners Expert says unaffordable bills would cause … Read more

Bank of England chief warns the EU against ‘serious escalation’ of post-Brexit row over City firms

Bank of England chief Andrew Bailey warns the EU against ‘serious escalation’ of post-Brexit row over City firms, warning that its attempts to force them to relocate in the eurozone would be of ‘dubious legality’ Andrew Bailey faced MPs on the Treasury Committee this afternoon Europe’s top banks asked to justify why they should be … Read more

Princess Eugenie set to give newborn son middle name Stamp

Princess Eugenie is set to give newborn son middle name Stamp in honour of 19th century Governor of the Bank of England Princess Eugenie gave birth to baby boy on Tuesday at Portland Hospital The 30-year-old is yet to announce the name of the lad, 11th in line to the throne It has been suggested … Read more