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...According to the UK corporate registry, Pisco UK is fully owned by a British national called Abdollah-Siauash Fahimi....
...“But it wouldn’t surprise me at all if, in the end, we have to spend up to 1 per cent more of our national income on defence. That would be another £25bn-£30bn. Where’s that going to come from?”...
...In a report published on Monday, the National Council for Voluntary Organisations said 90 per cent of charities that provide public services — ranging from mental health hubs to social care — had been forced...
...The move comes as the Barclay family have scrambled to sell off assets to raise cash, including the Spectator magazine’s headquarters in Westminster, and Yodel, the parcel delivery group....
...Public sector net debt was £2.6tn at the end of September with the interest payable that month at £700mn, according to the Office for National Statistics....
...The bank collapsed in 2015, inflicting losses on its creditors including the National Bank of Ukraine and on the country’s Deposit Guarantee Fund....
...An autumn election would allow Jeremy Hunt to try to eke out more national insurance cuts in a September “mini-Budget”. A Bank of England interest rate cut might yet come through before polling day....
...Martin McTague, national chair of the Federation of Small Businesses, said the scale of the account closures revealed by the committee was “very troubling”....
...“In my view, it is plain that the SoS misinterpreted the NPPF [the National Planning Policy Framework], and therefore erred in law,” Mrs Justice Lieven said in her ruling....
...My diary of events begins with the end of the National People’s Congress in Beijing on Monday....
...The economic report will be closely watched in Westminster as Prime Minister Rishi Sunak attempts to narrow the gap with Labour in opinion polls....
...But ITV’s excellent drama seems to have succeeded where a number of journalists had failed in turning a national scandal into a national talking point....
...Rishi Sunak has secured parliamentary approval for legislation to underpin the government’s contentious plan to send asylum seekers from the UK to Rwanda, after an attritional late-night debate at Westminster...
...The tie-up was the first move to consolidate by two big national developers since the property market slumped in the wake of higher borrowing costs....
...regulator’s review but warned that “more certainty around the regulatory environment in which we operate” was “one of the big questions on our investors’ minds”, alongside stability and confidence in the national...
...Hunt’s upbeat rhetoric about how Britain’s economy has turned a corner — although it is still officially in recession — will cheer some Tory MPs, but a fatalistic gloom has settled over many at Westminster...
...The UK’s air traffic control provider, National Air Traffic Services, has appointed former Rolls-Royce chief executive Warren East to be its new chair as the company looks to recover from a difficult period...
...posted a 7.2 per cent increase in sales for the year to February, to £61.5bn, as inflationary pressures “lessened substantially”, while retail adjusted operating profit — which excludes results from Tesco Bank...
...At the moment, the safest take in Westminster is that Rishi Sunak is a highly flawed prime minister heading towards defeat, and everything he does turns to calamity....
...“Like the Bank of England or the Office for National Statistics, this agency should transcend changes in government and drive a common, national ambition for long-term UK growth,” he added....
...The point of the temporary accounting-rule change, from the National Association of Insurance Commissioners, was to shield life insurers’ capital from losses caused by rising interest rates....
...Starting with the FTSE All-Share index, Lex first excluded banks, funds and companies under £250mn of market capitalisation....
...The fall from 4 per cent in January has encouraged Number 10 to believe that inflation could dip below the Bank of England’s 2 per cent target before a general election, expected in the autumn....
...The Scottish National party has “messed it up”, and now poll below 40 per cent, but “support for independence has remained exactly the same”, near 50 per cent. “You’ve got to put a positive argument....
...Mortgage rates have stabilised since late last year after the Bank of England held interest rates....
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