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Intesa Sanpaolo launches bid for Mps bank, merger set for December 2026
Within 24 hours of Banco BPM’s merger bid, Intesa Sanpaolo launches a full public offer for Monte dei Paschi di Siena. If approved, the deal would create Europe’s second-largest banking group. New round in the banking consolidation game.
UK readies sanctions against Israel to deter proposed illegal West Bank settlement
Move comes as 137 Labour MPs sign letter demanding ‘urgent, concrete action’ to stop settler violenceThe UK Foreign Office and a group of western countries are due to announce a package of sanctions against Israel this week designed to deter companies from becoming involved in a proposed West Bank settlement that would split the territory in two and render the concept of a two-state solution near impossible. Nine countries including France, the UK and Australia have warned that settlement...
UK readies sanctions against Israel to deter proposed illegal West Bank settlement
Move comes as 137 Labour MPs sign letter demanding ‘urgent, concrete action’ to stop settler violenceThe UK Foreign Office and a group of western countries are due to announce a package of sanctions against Israel this week designed to deter companies from becoming involved in a proposed West Bank settlement that would split the territory in two and render the concept of a two-state solution near impossible. Nine countries including France, the UK and Australia have warned that settlement...
UK readies sanctions against Israel to deter proposed illegal West Bank settlement
Move comes as 137 Labour MPs sign letter demanding ‘urgent, concrete action’ to stop settler violenceThe UK Foreign Office and a group of western countries are due to announce a package of sanctions against Israel this week designed to deter companies from becoming involved in a proposed West Bank settlement that would split the territory in two and render the concept of a two-state solution near impossible. Nine countries including France, the UK and Australia have warned that settlement...
Bidding war erupts for world’s oldest bank as Italy’s Intesa gatecrashes BPM offer
A bidding war over Italy's Monte dei Paschi di Siena has erupted between rivals Intesa Sanpaolo and Banco BPM, with the two lenders vie for control of the world's oldest bank. Intesa on Monday announced an unsolicited offer of 30.6 billion euros ($35.3 billion), hoping to usurp its rival and create Europe's second-biggest bank by market capitalization. In a statement, its offer outlined a premium of 12.5% versus MPS's closing share price on Friday.
UK faces ‘eye-watering’ public sector cuts to fund defense pledges
LONDON — The United Kingdom will have to slash public sector spending to finance defense, causing “pain and great difficulty” for the ruling Labour Party, a former NATO chief and senior party official warned on Tuesday. George Robertson — a former U.K. defence secretary who co-wrote last year’s Britain’s Strategic Defence Review and is now in the House of Lords — warned Labour MPs that Britain’s military spending promises and its NATO commitments must “come from domestic...
MPs fall silent as names of drowning victims read out amid calls for Sam's Law
MPs fall silent as names of drowning victims read out amid calls for Sam's Law MPs heard that a week of tragedy which saw 19 people - including 13 children - drown in open water spots across Britain should be a turning point with calls for improved safety measures MPs fell silent as the names of recent drowning victims, including 13 children, were read out - with ministers facing calls to do more to prevent future tragedies. The government was told that their deaths must be a turning point...
Politicians demand major stamp duty reform to tackle housing crisis
Politicians demand major stamp duty reform to tackle housing crisis Rocketing house prices and slow wage growth have contributed to a deterioration in the affordability of home ownership in England, a committee said - Bookmark A committee of MPs has urged the government to overhaul stamp duty, arguing that the current system acts as a significant barrier to homeownership and stifles the property market. The call for reform aims to help more people get on the property ladder across England...
UK announces major sanctions clampdown on 'horrific' settler violence
UK announces major sanctions clampdown on 'horrific' settler violence As settler violence against West Bank Palestinians by extremists soars, Britain joins Canada and Australia plus European governments in slapping major sanctions on those promoting attacks Britain has stepped up a multi-national campaign against “horrific settler violence” imposed on Palestinians living in the West Bank, imposing major restrictions on movement and businesses. Sanctioned individuals will face asset freezes,...
'PM was right to call out Nigel Farage's attempt to turn heartbreak into division'
'PM was right to call out Nigel Farage's attempt to turn heartbreak into division' 'Responsible leaders deal in facts, accountability and restraint - not turning public anger into political petrol' Refuelling the flames Nigel Farage insists he is merely asking difficult questions. Yet every time tensions rise, the Reform UK leader appears standing beside the petrol can with a box of matches in his hand. On Tuesday, he urged Britain to respond to Henry Nowak’s murder with “pure cold rage”.