Five charts that show the impact of Covid-19 on the tourism industry February 15, 2021 The travel and tourism industry has been one of the sectors hit hardest by the pandemic, with lockdowns and travel restrictions all but shutting business at times. Today the Office of National Statistics released its latest analysis of the impact of Covid-19 on the industry, and it doesn’t make for pretty reading. In 2018 the [...]
Greencoat enters Nordic market with €60m wind farm purchase February 15, 2021 Renewables investment fund Greencoat has today bought a Finnish wind farm for €60m (£52m). The purchase of the Kokkoneva wind farm from Abo wind marks the AIM-listed firm’s entrance into the Nordic market. The 43 megawatt wind farm, which is currently under construction, is due to begin producing electricity in the second quarter of 2022. [...]
Oil prices climb above $63 for first time in 13 months February 15, 2021 Oil prices rose above $63 for the first time since last January this morning as last week’s rally continued apace. The combination of hefty supply cuts, optimism over the global rollout of Covid vaccines, and tension in the Gulf sent prices up. Worldwide standard Brent Crude is currently up 1.2 per cent at $63.20, while [...]
Matt Hancock rules out vaccine certificates for domestic use February 15, 2021 Matt Hancock has confirmed that the government has no plans to introduce vaccine certificates to allow people to access domestic services like pubs and supermarkets. Over the weekend foreign secretary Dominic Raab caused confusion when he suggested ministers were still considering the option. That was despite multiple other officials, including vaccines minister Nadhim Zahawi, appearing [...]
Exclusive: Cyprus-focused miner set for London float February 15, 2021 A mining firm targeting a number of gold and copper sites in Cyprus is set to announce its intention to float on London’s main market. Caerus Mineral Resources – named after the Greek god of opportunity – is looking to raise £2.3m on its main market debut. The firm will issue an announcement to the [...]
Hotel quarantine booking site still not working February 12, 2021 Hotel quarantine booking site launches, there are no spots at London airports until Wednesday
Supreme Court rules that Nigerians can sue Shell over oil spills February 12, 2021 The Supreme Court has today ruled that a group of 42,500 Nigerians farmers and fishermen can sue oil giant Shell for numerous oil spills in the Niger Delta. Judges found that claimants could sue the firm for the activities of its Nigeria-based subsidiary. The local Ogale and Bille people alleged their lives and health have [...]
Takeover Panel steps in to resolve £4bn G4S bidding war February 12, 2021 The Takeover Panel has today announced it will step in to resolve a long-running bidding war for security services firm G4S. For months two North American firms have locked horns over the FTSE 250 company, but no deal has yet been agreed. US giant Allied Universal is currently in the driver’s seat, as its 245p [...]
French government scraps plans for expansion of Charles de Gaulle airport February 11, 2021 The French government has today scrapped plans for a major expansion at Charles de Gaulle airport due to climate change concerns. According to an interview given by a French minister to Le Monde, the €9bn expansion was “no longer aligned with environmental policy”. The development would have increased the capacity of Europe’s biggest airport by [...]
HS2: Next phase of controversial rail link gets green light February 11, 2021 The next phase of the controversial HS2 rail link has today been approved by MPs. Lawmakers gave Royal Assent to phase 2a of the project, which connects Birmingham to Crewe. It will be built simultaneously with phase 1 of the rail line from London to the West Midlands. An additional 5,000 jobs will be supported [...]
