Virgin Galactic’s shares rocket as Branson completes first fully crewed space flight July 12, 2021 Virgin Galactic’s shares jumped this morning after it successfully completed its first fully crewed space flight yesterday, with billionaire founder Sir Richard Branson on board. While Branson didn’t make it to the moon, Virgin Galactic’s shares might. The New Mexico-based company’s stock jumped as much as 22 per cent premarket this morning. Virgin Galactic’s shares [...]
Prime Minister condemns racist abuse of three young lions July 12, 2021 Boris Johnson has condemned the racist abuse of England players on social media following the European Championship final defeat to Italy last night, saying those responsible should be ashamed of themselves. Marcus Rashford, Jadon Sancho and Bukayo Saka all failed from the spot and swiftly their social media pages were flooded with racist abuse. The [...]
England footballers hailed as heroes after devastating Euro 2020 penalties defeat July 12, 2021 England footballers have been hailed as heroes who should be “so proud” of themselves for their efforts in a historic Euros campaign which ended in defeat after a nail-biting penalty shootout. Fans were left devastated when the nation’s dreams of being crowned champions of Europe in front of a home crowd at Wembley Stadium were [...]
Boris Johnson set to confirm 19 July as freedom day July 11, 2021 Boris Johnson has urged people to “remain vigilant and exercise caution” as he prepares to confirm that almost all Covid restrictions will be removed on 19 July. Johnson also warned people in a statement tonight that “cases will rise as we unlock” in just over one week’s time. Johnson announced last week that the next [...]
Credit Suisse takes measures to reduce counterparty risk following Greensill Archegos scandals July 9, 2021 Credit Suisse has created a new role to manage risk from lending to counterparties sensitive to market moves, such as investment banking clients. The bank appointed Amélie Perrier to the newly created role of Head of Counterparty Market Risk, according to a Reuters report. Memo In an internal memo released today, the bank said: “In [...]
Euro 2020: What an England win could mean for the UK economy July 9, 2021 “England don’t do that – they don’t win those types of games” so said a friend after the three lions beat Denmark 2-1 after extra time in their Euro 2020 semi-final on Wednesday. They do – just once every 55 years. Scenes of jubilation across London after Gareth Southgate’s men reached their first final since [...]
Crypto markets look flat and dull as they decide which way to turn July 9, 2021 It's been a lacklustre week in the world of crpyotcurrency as all major coins struggle to break out of the slump.
Workforces key to capitalising on the data deluge July 9, 2021 | City Talk ‘Next slide, please…’: who would have thought, in the pre-pandemic era, that data presentations from health experts would come to take such a significant role in our daily routines? Or that ‘data, not dates’ would become such a well-known slogan? For as long as the pandemic is sadly with us, we can expect data’s unprecedented [...]
Rent payments creep up as the economy comes back to life July 9, 2021 Landlords told markets this morning that rent payments from tenants were creeping back towards 100 per cent as the economy kicks back into life. Land Securities collected 81 per cent of rent due at the back end of June, and Derwent London reported it had received 93 per cent of its office rents for the [...]
Exclusive: Rising fintech star and former PayPal tech lead on his new payments venture July 8, 2021 Wise £8bn launch on the London Stock Exchange yesterday underpins how the capital’s fintech scene is booming, with a clear investor appetite for payment platforms such as Wise. Another fintech company in this space that has flourished in the last twelve months is Osu, an instant payments app that was created specifically for the self-employed [...]