Doctors face difficult choices as blood tests rationed – CityAM : CityAM August 29, 2021 GPs have called for more clarity over how long a shortage of blood test tubes will last as they face tough choices. Doctors have been forced to stop all non-urgent testing after a shortage of vials, caused by Covid demands and transport issues. The NHS in England and Wales has told doctors to temporarily halt [...]
Theranos founder Elizabeth Holmes accuses former boyfriend as criminal proceedings begin – CityAM : CityAM August 29, 2021 Theranos founder Elizabeth Holmes is accusing her former boyfriend, who was president of the blood-testing startup, of abusing her Several court documents were unsealed last night. Watch the full report. Also Read: How did Theranos founder Elizabeth Holmes build her house of cards? Also Read: Theranos documentary to contain footage from deposition tapes of founder [...]
Fix lorry driver shortage by hiring furloughed workers, Kwarteng says August 28, 2021 The business secretary has written to firms telling them to hire UK-based workers facing an “uncertain future” to solve the current lorry driver shortage. In a letter to business leaders, Kwasi Kwarteng rejected calls to loosen immigration rules to fix the problem, which is causing shortages of certain food products. Instead of turning to overseas [...]
Manchester City: How ownership model gives club a transfer market edge : CityAM August 28, 2021 With all the drama and excitement of Euro 2020 and a fascinating summer transfer window, even an ardent football fan may have missed the news that City Football Group, the parent company of Manchester City, now boasts reigning champions in three different countries – India, Australia and, of course, England. However, the mutual benefits of [...]
Powell confirms Fed may start winding down stimulus measures this year August 27, 2021 The chair of the US Federal Reserve has confirmed the central bank could start winding down the wave of stimulus measures it unleashed to dampen the economic impact of the Covid crisis this year. Jerome Powell said the US economy has reached a point where it no longer needs the same scale of monetary policy [...]
‘Next chapter’ starts for Cazoo as firm lists via New York SPAC : CityAM August 27, 2021 Used car platform Cazoo made its long-awaited stock market debut today as the firm went public in New York with a valuation of $8bn. The float, which makes serial entrepreneur Alex Chesterman’s latest project the most valuable US listed UK firm, came after it completed its merger with SPAC Ajax I. Also Read: Cazoo goes [...]
Virgin Money Giving to be shut down after London marathon August 27, 2021 Virgin Money Giving, a not-for-profit fundraising platform, will close at the end of November, shortly following the London marathon, which it will no longer sponsor after this year. The bank said 26 jobs would be lost as a result of the closure which was decided after a strategic review of Virgin Money Giving was conducted. [...]
Momentum is a powerful force August 27, 2021 The latest Bitcoin information and cryptocurrency movements brought to you by Crypto AM Daily...
Harry Dunn’s mother opens up two years after fatal crash as focus switches to civil claim August 27, 2021 The mother of teenage motorcyclist Harry Dunn has said there is a “light at the end of the tunnel” in her quest for justice two years on from her son’s death. The 19-year-old was killed when a car crashed into his motorbike outside RAF Croughton in Northamptonshire on 27 August, 2019. Charlotte Charles, alongside Harry’s [...]
Contactless limit to rise to £100 from October – CityAM : CityAM August 27, 2021 The limit for spending on contactless cards will reportedly rise from £45 to £100 on October 15. In March, Rishi Sunak confirmed that the payment limit would be raised in order to boost businesses as the UK recovers from the Covid-19 pandemic. UK Finance, an industry body which represents banks, today confirmed that the changes [...]