Money Moves

JP Morgan warned US of $1bn in Epstein transactions possibly related to human trafficking | JP Morgan

JP Morgan warned US of $1bn in Epstein transactions possibly related to human trafficking | JP Morgan

JPMorgan Chase reported to the U.S. government over $1 billion in transactions linked to Jeffrey Epstein, raising concerns about potential connections to human trafficking. This information was revealed in documents that emerged following a court order, requested by the New York Times and the Wall Street Journal. The bank submitted a suspicious activity report (SAR) […]

JP Morgan warned US of $1bn in Epstein transactions possibly related to human trafficking | JP Morgan Read More »

Ministers’ claims to have helped JLR in doubt as £1.5bn support left untouched | Jaguar Land Rover

Ministers’ claims to have helped JLR in doubt as £1.5bn support left untouched | Jaguar Land Rover

Jaguar Land Rover (JLR) has not utilized a £1.5 billion loan facility guaranteed by the UK government, leading to dissatisfaction among suppliers about claims that the government has supported the carmaker’s supply chain following a significant cyberattack. JLR, the largest automotive employer in Britain, was compelled to halt all operations at its factories starting September

Ministers’ claims to have helped JLR in doubt as £1.5bn support left untouched | Jaguar Land Rover Read More »

The Next wave: how the clothing retailer spread its wings and made sales surge | Retail industry

The Next wave: how the clothing retailer spread its wings and made sales surge | Retail industry

Next, one of the largest clothing retailers in the UK, is expanding its international presence while many of its competitors struggle. Traditionally viewed as a provider of work attire and children’s clothing, Next is evolving into a more diversified retailer. Its flagship store on London’s Oxford Street features extensive departments for children, men, and women,

The Next wave: how the clothing retailer spread its wings and made sales surge | Retail industry Read More »

Champagne body attempts to buck Delevingne sisters’ marketing fizz | Food & drink industry

Champagne body attempts to buck Delevingne sisters’ marketing fizz | Food & drink industry

The Comité Champagne, an industry organization advocating for the interests of champagne producers and growers, has formally requested that the Delevingne sisters cease referencing champagne in the marketing of their vegan prosecco brand, Della Vite. This demand comes as the brand’s promotional materials include phrases like “Cheat on champagne” and “Warning: This is not champagne,”

Champagne body attempts to buck Delevingne sisters’ marketing fizz | Food & drink industry Read More »

‘The money machine is misfiring’: City blames Brexit for UK’s £20bn productivity headache | Productivity

‘The money machine is misfiring’: City blames Brexit for UK’s £20bn productivity headache | Productivity

Rob Rooney, the former top executive of Morgan Stanley in London, has highlighted the impact of Brexit on the City of London, noting that other European financial centers such as Frankfurt, Madrid, Milan, and Paris have improved at London’s cost. Rooney oversaw the relocation of hundreds of employees and significant assets to Frankfurt to mitigate

‘The money machine is misfiring’: City blames Brexit for UK’s £20bn productivity headache | Productivity Read More »

The crescendo of pre-budget lobbying has rarely been so loud. Rachel Reeves must tune it out | Polly Toynbee

The crescendo of pre-budget lobbying has rarely been so loud. Rachel Reeves must tune it out | Polly Toynbee

On Westminster Bridge, demonstrators wearing masks of major bank CEOs recently called for a windfall tax on banks to address their rising domestic profits amid ongoing inflation. Various organizations, including Positive Money and Tax Justice UK, argue that banks, similar to the oil and gas sector, should be taxed on their profitability. They question why

The crescendo of pre-budget lobbying has rarely been so loud. Rachel Reeves must tune it out | Polly Toynbee Read More »

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