Dominic Raab defended paying a Russian firm £2.6million to create a White House-style media briefing room in Downing Street today, amid safety and cost fears. The Foreign Secretary suggested the project represented ‘value for money’ and said the UK was open to investment from firms based in Russia and China ‘where it’s safe’. Yesterday it … Read more
Downing Street has spent more than £2.6million on refurbishments so the Prime Minister can hold White House-style press briefings, it has emerged. An extensive overhaul within No 9 Downing Street began last year when the Government announced plans to hold the televised briefings. In response to a Freedom of Information request, the Cabinet Office issued a … Read more
Barclays has been hit with a £26million fine by regulators after four years of poor treatment of customers who fell behind on their borrowing. The Financial Conduct Authority said business and personal customers who fell into arrears on their borrowing between April 2014 and December 2018 were not properly contacted by the bank. It added … Read more
Britain’s economy will shrink by 11% and unemployment will rise to 2.6million amid Boris Johnson’s latest lockdown, bank of England warns Governor Andrew Bailey said the Bank expects the economy to shrink again He said economic output would be 11% lower at end of the year than at the start Added that unemployment would rise … Read more
One of the world’s richest men is embroiled in a bitter war of words with a community of ‘urban explorers’ who he claims keep breaking into the crumbling Surrey mansion his wife purchased six years ago for £26million. Oligarch German Khan says he is angry that people keep gaining entry to film inside the sprawling … Read more
The minister for housing, communities and local government had an extension to his £2.6million London townhouse pushed through by local Conservative councillors despite objections, it has been revealed. Robert Jenrick, 38, and his wife, 47, bought a five-bedroom house in October 2013 just a few weeks before he was selected as the conservative candidate for … Read more
The Covid-19 pandemic has stalled mass gatherings, which isn’t good news for auction houses that rely on filling rooms with eager collectors. But the crisis hasn’t stopped major motor auction houses from hosting sales online in a bid to keep going and allow buyers to get their hands on some of the most glorious cars … Read more
The UK government is setting aside £2.6 million for new satellite and drone technology that could deliver essential supplies during the coronavirus lockdown. The UK Space Agency (UKSA) is funding new solutions to deliver equipment such as test kits, masks, gowns and goggles for frontline NHS staff. The joint initiative with the European Space Agency could … Read more