British economy to grow at fastest rate since WWII: Bank of England significantly upgrades growth forecast for 2021 to 7.25% – up from 5% – after jab rollout success and lockdown easing By Mark Duell for MailOnline Published: 12:18 BST, 6 May 2021 | Updated: 12:43 BST, 6 May 2021 Advertisement The Bank of England … Read more
The lobbying scandal dramatically deepened yesterday as it emerged that David Cameron repeatedly contacted one of the most senior figures in the Bank of England on behalf of Greensill Capital. The former prime minister also texted the Treasury’s top civil servant as part of a ‘persistent’ campaign by the finance firm, for which he was … Read more
David Cameron, his financier boss Lex Greensill and Chancellor Rishi Sunak will be grilled by MPs over the lobbying scandal, it was confirmed last night. The Treasury Committee said it will ask all three to appear in person during its inquiry into the Government’s dealings with failed finance firm Greensill Capital. Chairman Mel Stride said … Read more
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
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
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
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 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 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 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