New record: UK reports more than 100,000 new Covid-19 cases in one day December 22, 2021 Britain has passed a grim milestone with more than 100,000 new Covid-19 cases reported in a single day with Omicron driving the surge.
Carbon value of Heathrow third runway increases to £100bn December 22, 2021 The costs of bringing down the carbon impact of Heathrow’s proposed third runway has doubled as a result of the UK Government’s net-zero ambitions. According to research by London think tank New Economics Foundation, the third runway’s carbon value for the 2025-2050 period has gone up from £50bn to £100bn, potentially impacting the expansion plans, [...]
Reeled in: EU council approves post-Brexit deal on shared fishing stocks December 22, 2021 The European Council has backed a deal between the EU and UK on their shared fishing stocks, after months of wrangling between both parties.
Aptamer IPO: the next Biotech stock to watch? December 22, 2021 | City Talk Biotech stock Aptamer is launching its IPO on 22 December. Is this the next Biotech stock to watch? At 8am on Wednesday, Biotech stock Aptamer will launch its Initial Public Offering (IPO) on the FTSE AIM Index. The company is pricing its shares 117p and is raising £10.8 million by selling 9.2 million new shares, giving the company a market [...]
Fukushima operators to use tunnels and pumps to release contaminated water into the sea December 22, 2021 The operator of the Fukushima nuclear power plant has submitted plans to release1.3m tonnes of contaminated water from the site into the sea.
Deliveroo to launch three ‘dark kitchens’ in London amid expansion push December 22, 2021 Deliveroo has opened three 'dark kitchens' in London which will house chefs from popular London restaurants as it pursues expansion.
Tata Steel to provide steel for Dogger Bank Wind Farm December 22, 2021 Tata Steel will support the world's largest offshore wind development with hundreds of tonnes of UK-made steel.
Union Unite calls on government to deliver ‘urgent’ support to aviation December 22, 2021 The union Unite has called on the UK Government to deliver ‘urgent’ support to the aviation industry following Whitehall’s £1bn package for the hospitality sector. Unite has urged Chancellor Rishi Sunak to help the industry weather the uncertainty caused by the Omicron variant, “so that it can rebuild sustainably and with resilience.” “Since this crisis [...]
UK markets watchdog fines hedge fund Bluecrest Capital £40m December 22, 2021 The UK financial regulator has fined hedge fund Bluecrest Capital Management £40.8m for failing to fairly manage a conflict of interest.
Christmas in Canary Wharf: UK’s largest banks face £8.5bn HMRC bill with £35.8bn of tax under consideration December 22, 2021 Large banks face a potential £8.5bn tax liability from the UK tax authority, according to new figures obtained by Freedom of Information (FOI). The FOI to HM Revenue and Customs (HMRC), carried out by City law firm DLA Piper, showed that, at the end of March 2021, additional tax liability under investigation had increased by [...]