Fifa Club World Cup: Chelsea set for competition that football doesn’t know what to do with February 8, 2022 For Wednesday afternoon, when they take on Asian champions Al Hilal in the semi-finals, the Fifa Club World Cup will be the focus of Chelsea’s attention. In a season in which the Blues could in theory still win five trophies, however, it is harder to say where the competition ranks among their priorities. Such is [...]
Treasury’s £4.3bn fraud write-off likely to be eclipsed by £20bn Covid loan defaults as CBILs and BBLs are not repaid February 8, 2022 The £4.3bn of Covid loans that may have to be written-off by The Treasury due to fraud and highlighted by the recent resignation of Lord Agnew, could be eclipsed by businesses failing to repay their CBILs and BBLs Covid support loans, an industry expert warns. £73.8bn has been loaned under the above schemes to around [...]
Clifford Chance undecided on plans to ditch Canary Wharf HQ and slash size of offices February 8, 2022 Clifford Chance is weighing up plans to slash the size of its London offices, with a view to leaving its Canary Wharf headquarters and moving back into the City. However, City A.M. understands the London law firm has not yet come to a decision on whether to leave its docklands HQ or get rid of [...]
BP recovers from pandemic with £9.5bn profit February 8, 2022 BP has rebounded strongly from the pandemic with hefty annual profits of £9.5bn ($12.8bn), its best yearly result since 2013.
SSE upgrades profit expectations to nearly £1bn amid soaring gas prices February 8, 2022 SSE has upgraded its full-year outlook, with the energy firm boosting its profit forecasts to nearly £1bn amid spiralling wholesale gas prices.
BP brushes off calls for windfall tax amid deepening energy crisis February 8, 2022 BP chief executive Bernard Looney has rejected growing calls from the Labour Party for a windfall tax on North Sea fossil fuel operators.
Thomson Reuters struggles to keep up with itself with profit down from 2020 February 8, 2022 Thomson Reuters missed fourth-quarter earnings forecasts today as the news and data provider boosted investments in what it said would help deliver stronger-than-expected revenue growth this year and next. The parent company of Reuters News said fourth-quarter operating profit fell 73 per cent year on year to $257m (£190m), and adjusted earnings per share, which [...]
Do people really want to be nudged to stick with their New Year’s resolutions? February 8, 2022 | Sponsored New research suggests that people may not always want help with sticking to their New Year’s resolutions. Individuals often make resolutions in January to maintain healthy lifestyle regimes – for example to eat better, stop smoking or exercise more often – then fail to keep them. Behavioural scientists frequently interpret such behaviour as evidence of a conflict [...]
2001 named best year for top hit albums February 8, 2022 New research has revealed that 2001 produced the highest number of albums appearing in the top 250, including hits like The Strokes’ ‘Is This It’, Jay-Z’s ‘The Blueprint’ and Bjork’s ‘Vespertine’. The study by Convertr.org analysed the top 250 albums on AlbumOfTheYear.org and found that the albums released that year averaged out a score of 87.9 out [...]
Bitcoin still climbing as cryptocurrency markets retrace losses February 8, 2022 The strong start to the week continues for Bitcoin, which climbed to highs of $45k overnight for the first time in over a month.