Biden warns another Kabul airport attack ‘highly likely’ August 29, 2021 President Joe Biden said he has been warned of the likelihood of another terrorist attack on Kabul airport “in the next 24-36 hours”. In a statement, the US President said commanders had informed him another attack was “highly likely” while the US Embassy in Kabul issued a fresh security alert. The alert urged all US [...]
Business lunch bookings are booming and the City is leading the charge August 27, 2021 Working lunches have bounced back after more office workers returned to the City following Freedom Day, according to new data. Reservation platform TheFork UK has revealed a 26 per cent jump in lunchtime bookings following ‘Freedom Day’, or 19 July, when the government dropped its work from home message and the final lockdown rules and [...]
Credit Suisse moves forward with six-figure junior banker salaries August 27, 2021 Credit Suisse has hiked salaries for first year analysts to $100,000 following other big banks increasing pay for juniors. The Wall Street bank has become the last major investment bank to offer six-figure entry level salaries to bankers. Analysts within Credit Suisse’s investment banking and capital markets unit were reportedly told the bank would pay [...]
Vietnam’s coffee exports impinged by virus restrictions August 27, 2021 As workers ready themselves for early commutes once again, they may be left waiting longer for their morning coffee than expected. Coffee supplies across the world have been hit by tough travel restrictions imposed in Vietnam as the country battles increasing rates of the Delta Covid variant. Exporters in the second-biggest grower are facing difficulties [...]
Apple CEO Tim Cook receives $750m payout August 27, 2021 Apple chief executive Tim Cook has sold shares in the technology company for more than $750m (£550m). The CEO sold most of his five million shares in the firm, according to a company filing with the US Securities and Exchange Commission (SEC) watchdog. The payout was part of a deal he agreed to when he [...]
High street loses 83 per cent of department stores in five years August 27, 2021 The UK high street has lost 83 per cent of its main department stores in the five years following the collapse of the BHS group. More than two-thirds of these shops remain unoccupied as shoppers have switched to online stores, commercial property information provider CoStar Group found. Some 237 big stores that were once occupied [...]
Yodel drivers vote on strikes as country hit by shortages August 26, 2021 Yodel’s lorry drivers are voting whether to go on strike as sectors struggle with supply chain disruption. Drivers were upset over a range of issues including agency workers being paid more than staff directly employed by Yodel and claims that contractual agreements on pay for holiday and sick leave have not been honoured. Employees are [...]
One in ten children against getting Covid jab August 26, 2021 Just under two thirds of children in the UK want to receive a coronavirus vaccination, research has found, as the NHS prepares to extend its rollout to 12 to 15-year-olds. Some 2,000 children aged 10-17 across the UK were asked if they agreed or disagreed that they would like to get the vaccine by The [...]
British Land snaps up Square Mile car park for £20m in last-mile delivery push August 26, 2021 British Land has reported £350m of capital activity including the acquisition of Finsbury Square Car Park. The property company said its acquisition of Finsbury Square Car Park for £20m was an opportunity to create a last mile logistics hub in the City. The commercial landlord exchanged on the acquisition of the Priestley Centre in Guildford [...]
Landlords still losing rental income from pandemic August 26, 2021 One in five landlords are planning to sell property because of the pandemic’s financial impact, according to a survey. More than half (51 per cent) of landlords are still losing rental income as a result of the pandemic, research from landlord insurance provider Simply Business has shown. Some 47 per cent of landlords said they [...]
