Rishi Sunak not expected to alter furlough scheme despite Freedom Day delay June 14, 2021 Rishi Sunak not expected to alter furlough scheme despite 'Freedom Day' being scrapped
Richard Branson to take satellites firm public in $3bn Spac listing June 13, 2021 Sir Richard Branson is in talks to take his satellite launch firm public through a $3bn (£2.1bn) blank-cheque deal. The tycoon is finalising a deal to merge Virgin Orbit with NextGen Acquisition II, a special purpose acquisition company (Spac) set up by former Goldman Sachs banker George Mattson, Sky News reported. Branson’s Virgin Group empire [...]
G7: UK spends £8m to lengthen Newquay runway for Biden’s Air Force One June 11, 2021 The UK has reportedly spent over £7.8m to extend the runway at Newquay airport to allow US aircraft to land for the G7 summit. The runway had to be extended to allow US President Joe Biden to land on Air Force One amid concerns about the existing infrastructure being able to handle the large aircraft, it has [...]
As it happens: G7 leaders arrive in Cornwall ahead of summit June 11, 2021 World leaders from G7 countries are arriving in Britain ahead of the crucial summit to be held from today. The meeting between the world’s seven largest so-called advanced economies will run until Sunday, covering a range of issues including Covid recovery, climate change and trade. Several G7 leaders have already taken to Twitter upon arrival [...]
Pound wobbles as trade row engulfs start of G7 summit in Cornwall June 10, 2021 After a show of strength over recent months, the pound wobbles on the eve of the G7 summit, and although it’s likely to avoid a precipice, issues being debated at the top of the Cornish cliffs this weekend, risk another decline, according to Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown in London. [...]
US govt downplays Brexit criticism: ‘Biden not here to lecture Boris’ June 10, 2021 US President Joe Biden has not come to Britain to lecture Boris Johnson about Northern Ireland, a senior US administration official said today. “He didn’t come here to give a lecture,” the official said. “He came here to communicate what he believes very, very deeply about peace in Northern Ireland.” It comes after Labour leader [...]
Matt Hancock denies Dominic Cummings’ claim he lied to the Prime Minister over Covid-19 June 10, 2021 The health secretary has denied Dominic Cummings’ accusations that he lied to Boris Johnson during the pandemic, telling MPs that he followed the “clinical advice” at all times. Giving evidence to MPs at a joint inquiry by the Health and Social Care and Science and Technology Committees on the government’s coronavirus response, Matt Hancock insisted [...]
Boris Johnson is set to lift Covid-19 limit on weddings June 10, 2021 Boris Johnson will lift the 30-person limit on weddings, even if the June 21st easing of lockdown is delayed, according to reports last night. The prime minister, who married Carrie Symonds on May 29 in a secret ceremony capped at 30 attendees, is understood to be determined to relax current wedding restrictions this month, The [...]
Government broke the law with Covid contract for Cummings-linked polling firm, court rules June 9, 2021 Government broke the law with Covid contract for Cummings-linked polling firm
US investigates leaked records alleging billionaires including Musk and Bezos pay little tax June 9, 2021 The Treasury Department has asked authorities to investigate tax records cited in a media report that showed some of America’s richest people paid little to no income taxes. US media outlet ProPublica said it obtained a “vast trove of Internal Revenue Service data” on the tax returns of thousands of the nation’s wealthiest people, covering [...]