Michelle Mone says she won't step down as Tory peer - and accuses chancellor of 'endangering' her

Baroness Mone has publicly criticized the chancellor for using what she describes as 'inflammatory' language following a significant financial ruling against a firm associated with her. The firm was ordered to pay £122 million related to a Covid-19 contract, raising questions about accountability and the handling of public funds. This situation is important as it highlights the tensions between political figures and the implications of their statements during sensitive times.

Baroness Mone has publicly criticized the chancellor for using what she describes as 'inflammatory' language following a significant financial ruling against a firm associated with her. The firm was ordered to pay £122 million related to a Covid-19 contract, raising questions about accountability and the handling of public funds. This situation is important as it highlights the tensions between political figures and the implications of their statements during sensitive times.

A recent report from the Gambling Commission reveals that approximately 1.4 million adults in Britain struggle with gambling problems, highlighting the increasing risks associated with slot machines and in-play betting. This alarming statistic comes just as the chancellor suggests potential tax increases on the £11.5 billion betting and gaming industry. The findings underscore the urgent need for effective measures to address gambling addiction, as the impact on individuals and society can be profound.

A recent report from the Gambling Commission reveals that approximately 1.4 million adults in Britain struggle with gambling problems, highlighting the increasing risks associated with slot machines and in-play betting. This alarming statistic comes just as the chancellor suggests potential tax increases on the £11.5 billion betting and gaming industry. The findings underscore the urgent need for effective measures to address gambling addiction, as the impact on individuals and society can be profound.

The legal case between the Department of Health and Social Care and PPE Medpro Limited raises important questions about accountability in government contracts, especially those related to pandemic supplies. While the case doesn't directly involve Michelle Mone or the controversial VIP fast lanes, it highlights ongoing concerns about how public funds are managed and the implications of contract breaches. This matter is significant as it could set precedents for future government dealings and ensure that companies are held responsible for their commitments.

The legal case between the Department of Health and Social Care and PPE Medpro Limited raises important questions about accountability in government contracts, especially those related to pandemic supplies. While the case doesn't directly involve Michelle Mone or the controversial VIP fast lanes, it highlights ongoing concerns about how public funds are managed and the implications of contract breaches. This matter is significant as it could set precedents for future government dealings and ensure that companies are held responsible for their commitments.

The UK government has successfully won a £122 million legal case against PPE Medpro, a company associated with Conservative peer Michelle Mone, over the supply of 25 million faulty surgical gowns. These gowns, intended to protect NHS staff, were deemed unusable and posed serious risks to patient safety. This victory is significant as it highlights the government's commitment to accountability and safety in healthcare, especially during the pandemic, ensuring that such negligence does not go unpunished.

The UK government has successfully won a £122 million legal case against PPE Medpro, a company associated with Conservative peer Michelle Mone, over the supply of 25 million faulty surgical gowns. These gowns, intended to protect NHS staff, were deemed unusable and posed serious risks to patient safety. This victory is significant as it highlights the government's commitment to accountability and safety in healthcare, especially during the pandemic, ensuring that such negligence does not go unpunished.

The recent trial involving a company linked to Michelle Mone has unveiled troubling details about the UK government's response to the COVID pandemic, particularly regarding the awarding of contracts. The case highlighted the pressure to prioritize political connections over quality, as evidenced by the procurement of 25 million faulty gowns. This situation raises significant concerns about accountability and transparency in government dealings during a crisis, emphasizing the need for reform in how public contracts are awarded to ensure that public health is not compromised.

The recent trial involving a company linked to Michelle Mone has unveiled troubling details about the UK government's response to the COVID pandemic, particularly regarding the awarding of contracts. The case highlighted the pressure to prioritize political connections over quality, as evidenced by the procurement of 25 million faulty gowns. This situation raises significant concerns about accountability and transparency in government dealings during a crisis, emphasizing the need for reform in how public contracts are awarded to ensure that public health is not compromised.

A recent ruling by the High Court has found that a company associated with Tory peer Michelle Mone violated a significant government contract worth nearly £122 million for supplying surgical gowns during the COVID-19 pandemic. This breach raises serious concerns about accountability and transparency in government contracts, especially during a public health crisis when timely access to medical supplies was critical.

A recent ruling by the High Court has found that a company associated with Tory peer Michelle Mone violated a significant government contract worth nearly £122 million for supplying surgical gowns during the COVID-19 pandemic. This breach raises serious concerns about accountability and transparency in government contracts, especially during a public health crisis when timely access to medical supplies was critical.

In a recent discussion, Joe Abate sheds light on the Federal Reserve's new target and its implications for funding markets. As the price of money rises, understanding these changes becomes crucial for investors and businesses alike. This conversation highlights the evolving landscape of finance and the importance of staying informed.

In a recent podcast, Dallas Fed President Lorie Logan discussed the complexities of the Federal Reserve's approach to interest rates, suggesting that the current fed funds target may be outdated. This conversation is significant as it highlights potential shifts in monetary policy that could impact how banks manage their reserves and influence the broader economy.

Shopify's stock price target has been raised from $180 to $200 by Rothschild Redburn, signaling strong confidence in the company's growth potential. This adjustment reflects positive market sentiment and suggests that investors can expect continued strong performance from Shopify, which is crucial for those looking to invest in e-commerce.

The stock market is showing positive signs as Dow futures and treasury yields rise, even as the government shutdown enters its third day. This uptick is encouraging for investors, especially with European and Japanese stocks also gaining ground. It highlights a resilient market that may be able to weather political uncertainties, making it an important moment for economic observers.

Futures are showing a positive trend as investors await the upcoming services ISM report, which is expected to provide insights into the economy's performance. This report is crucial as it can influence market sentiment and trading strategies, making it a key focus for traders looking to navigate the current economic landscape.

Yageo has successfully completed a $740 million tender offer for Shibaura Electronics, marking a significant milestone in the electronics industry. This acquisition not only strengthens Yageo's market position but also enhances its product offerings, which is crucial in a competitive landscape. Investors and stakeholders are optimistic about the potential synergies and growth opportunities that this merger could bring.