Omicron delays historic Tel Aviv Emirates flight November 28, 2021 Dubai airline Emirates has postponed the 6 December launch of flights to Tel Aviv until further notice, a company spokesperson said today, after Israel announced it would ban foreigners from entering to combat the latest coronavirus variant. “The postponement comes as a result of recent changes in entry protocols issued by the Israeli government. The [...]
All eyes on the open: Investors brace for choppy week as Omicron looms over markets November 28, 2021 Investors are bracing for a choppy week on markets as fears the new Omicron variant of coronavirus could derail the global battle against the disease spread rapidly. London markets capped off last week with a mauling driven by a wave of selling triggered by the emergence of the new Covid-19 variant which may have the [...]
A Black Friday on global markets as new Covid-19 variant engulfs investors November 26, 2021 Global markets tumbled today driven by investors being spooked by a fresh Covid-19 strain emerging in Southern Africa that has been described by scientist as the worst yet. In London, the FTSE 100 registered one of its day’s in months, shedding 3.31 per cent to plunge to 7,068.68 points heading into the final hour of [...]
Foundations laid for rate hike, signals Bank of England chief economist November 26, 2021 The Bank of England’s chief economist has given one of the strongest signals yet that the Old Lady will hike interest rates next month. Huw Pill, Threadneedle Street’s chief wonk, told the Confederation of British Industry’s (CBI) annual conference today that “the ground has now been prepared for policy action”. Pill highlighted a string of [...]
UK antitrust chief relies on EU in global drive to regulate big tech November 26, 2021 The head of Britain’s antitrust watchdog said he plans to pick his battles with tech companies carefully as the EU takes a leading role.
Who will win the EV charger race? November 26, 2021 | City Talk Sales of electric vehicles (EVs) have been remarkably strong recently. In the 12 months to June 2021, sales of EVs were more than 160% higher than in the same period a year earlier and were up by more than 130% in the comparable period in 2019 (according to BNEF data). So, although the transition to [...]
FCA to speed up decision making process amid backlash November 26, 2021 The UK's financial watchdog has announced reform plans as it faces criticism over repeated failures to protect customers.
Lidl promotes Ryan McDonnell to UK CEO November 26, 2021 Supermarket Lidl has announced current UK CEO Christian Härtnagel will become chief executive at Lidl Germany, while Ryan McDonnell will be promoted to lead the group’s UK operations. McDonnell, who left a family business in construction for Lidl’s graduate scheme in 2000, set up the company’s buying and marketing divisions. The supermarket business, which [...]
Peers back medical cannabis company Equinox ahead of London float November 26, 2021 Two peers will help a medical cannabis company cash in during its upcoming London float. Yesterday Equinox announce plans to list on AIM.
France un-invites Priti Patel over migrant crisis November 26, 2021 The French government have uninvited the UK Home Secretary from a meeting of European interior ministers and the European Commission, after Boris Johnson asked them to “take back” undocumented migrants who cross the Channel to the UK, according to reports. “We find the open letter from the British prime minister unacceptable … Thus, Priti Patel [...]