Government writes to thousands of Germans in the UK: ‘Please drive a lorry’ October 2, 2021 The government has sent out thousands of letters to German nationals based in the UK, urging them to consider a career as a lorry driver, even if they have never driven one before. The letters, signed by transport minister Baroness Vere, encourages people to “consider returning” to the HGV driving sector. It is understood Germans [...]
Watch as Russia hosts its first royal wedding in more than a century October 2, 2021 Russia’s former Imperial capital hosted the wedding of a descendant of the Russian royal family in the first such event in more than a century. Watch the full report.
Going once, going twice: LiveAuctioneers sold to London’s ATG for $500m October 1, 2021 London-based Auction Technology Group (ATG) has snapped up the holding company of online auction business LiveAuctioneers for a dear $500m. The acquisition, for Platinum Parent, involves both cash and the issue of new shares after the Competition and Markets Authority (CMA) gave the deal the green light on Wednesday, The deal also features an earnout [...]
Pfizer and Moderna down: Merck’s stock skyrockets after its new Covid antiviral pill smashes all expectations October 1, 2021 Shares in US science giant Merck are up by more than 10 per cent this afternoon after the company revealed a newly developed Covid-19 pill smashes all expectations. As a result, vaccine giants across the board are down, Pfizer by nearly 2 per cent, Moderna 4.7 per cent and Novavax dropped by 7.5%. The companies [...]
Government calls in soldiers to deliver to forecourts as fuel crisis continues October 1, 2021 The government has reportedly called in soldiers to help deliver fuel to forecourts, which will begin tomorrow, as ministers continue to grapple with the crisis that has left pumps dry. The move comes as the shortage, which has been said to be easing, was improving too slowly, the i first reported, citing senior government sources. [...]
Eurozone inflation ratchets up to 13-year high October 1, 2021 Inflation in the Eurozone soared to a 13-year high last month, posing more headaches for the European Central Bank. Prices in the 19 countries sharing the euro rose to 3.4 per cent annually in September from 3 per cent a month earlier, the highest reading since September 2008. The inflation clip came in ahead of [...]
El Salvador begins mining Bitcoin using volcanic energy October 1, 2021 El Salvador has begun mining Bitcoin using power harnessed from a volcano, its president has revealed. President Nayib Bukele took to Twitter on Tuesday to share a teaser video showing Bitcoin mining equipment arriving at an energy factory in government-branded containers. Earlier today, Bukele confirmed that volcano-powered Bitcoin mining had kicked off with 0.00599179 BTC [...]
Fusion energy: UK looks to leverage and commercialise the low carbon power October 1, 2021 The government has set out plan of action to bring more fusion power and technology to the country today, which could help decarbonise the UK’s energy sector. The UK is looking to muscling in on a leadership position in the development of fusion energy globally, as the power does not have to rely on wind [...]
Man who attacked 5G mast from BT has ‘severe mental health problems’ October 1, 2021 A judge said this afternoon that a man who set fire to a 5G mast – causing £100,000 of damage – was suffering from “severe mental health problems.” David Patterson, 41, was given a suspended prison sentence at Newcastle Crown Court on Friday after Judge Sarah Mallett heard how he was now responding well to [...]
Global Group UK Investor Summit kicks off tomorrow October 1, 2021 The UK Investor team are hosting their first in-person event in two years, launching the Global Group UK Investor Summit tomorrow. The Summit will take place at the StoneX Stadium, home of Saracens Rugby Club, in north west London. Several high profile entrepreneurs and business leaders will be speaking at the Summit, including: Allan Leighton, [...]