Exclusive: Boris Johnson faces calls from business leaders to commit to net zero financial system April 27, 2021 A group of business leaders have written to Boris Johnson asking him to commit the UK to developing a net zero financial system ahead of this year’s COP26 climate summit. The letter, which has been seen by City A.M., said that such a move would allow the Britain to show off its global leadership before [...]
Boris Johnson to chair Cabinet as allegations mount April 27, 2021 Boris Johnson will chair a meeting of the Cabinet later today after a series of damaging claims over the Prime Minister’s conduct during the pandemic. In recent days Number 10 has been rocked by a number of allegations, including from former aide Dominic Cummings, about Johnson’s approach to the pandemic. Yesterday it was claimed that [...]
Airline shares jump on hopes of Europe-US travel by the summer April 26, 2021 Airline shares jumped today on the back of hopes that travel between the EU and US would open up again this summer. Over the weekend, European Commission President Ursula von der Leyen said that all US citizens who had been vaccinated should be able to travel to Europe by the summer. Her comments sent shares [...]
Opponents hit out at Khan over pledge to scrap higher Congestion Charge April 26, 2021 Sadiq Khan has pledged to attempt to scrap the “temporary” £15 congestion charge if he is reelected as Mayor of London in May, prompting a wave of criticism from his opponents. The Labour Mayor raised the charge from £11.50 last June in order to secure a government bailout for Transport for London (TfL) amid the [...]
BP Q1 results: What to expect April 26, 2021 BP will tomorrow kick off a big week for the FTSE 100’s oil giants when it reports its first quarter results, with the firm seeking to bounce back from 2020’s $5.7bn (£4.1bn) loss. With oil prices now hovering back around pre-pandemic levels due to a combination of Opec-led production cuts and optimism over the global [...]
Hong Kong and Singapore to open travel bubble in May April 26, 2021 Hong Kong and Singapore will open a travel bubble allowing quarantine free travel between the two countries from 26 May. The plan was meant to come into effect in November but had to be delayed due to a surge in Covid-19 cases in the former. It will be the second such arrangement to open, following [...]
Tate & Lyle shares pop as historic firm mulls break-up April 26, 2021 Shares in Tate & Lyle jumped this morning after the firm confirmed that it had put its sweeteners division up for sale after reports it was mulling a break-up of its operations. Shares in the historic foodstuffs brand rose 6.4 per cent this morning as the sale passed the smell test. In a statement yesterday, [...]
Ministers to run £1bn auction for phone lines along UK railways April 26, 2021 The government will run an auction of phone lines running alongside Britain’s railway lines in a move that could raise up to £1bn. Thousands of miles of phone lines will be sold off in a bid to improve train services and boost broadband speeds. Bidders will both be responsible for upgrading the cables and building [...]
United Oil and Gas hails ‘landmark year’ despite Covid crisis April 26, 2021 United Oil and Gas this morning hailed a “landmark year” for the AIM-listed firm despite the carnage caused by the coronavirus pandemic. The company, one of the few smaller oil and gas firms to operate both exploratory and production assets, posted its first ever profit in 2020. United also said that it had seen its [...]
Former Post Office boss quits Morrisons and Dunelm boards April 26, 2021 Former Post Office boss Paula Vennells has this morning stepped down from her roles on the boards of Morrisons and Dunelm after one of the biggest miscarriages of justice in recent history. In statements issued by the two firms, they confirmed she would step down with immediate effect. Andrew Higginson, Morrisons chairman, said: “Paula has [...]
