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Headlines
Global Counsel Calls in Administrators, Blaming Peter Mandelson ‘Maelstrom’
Global Counsel, the advisory firm co-founded by Peter Mandelson, is to collapse into administration, blaming the “maelstrom” caused by revelations about the former peer’s relationship with the convicted sex offender Jeffrey…
Warrington Council Asks for £354mn from Government to Avoid Bankruptcy
Warrington council has asked to borrow £354mn from the government to fund day-to-day services and stave off bankruptcy after years of warnings that the authority’s high-risk investments could threaten its financial viability, the…
U.K. Inflation Slowed in January
The U.K’s rate of inflation slowed in January, furthering the chances of a rate cut by the Bank of England when policymakers next meet in March, the Wall Street Journal reported. Consumer prices rose 3.0% in January on year,…