Some 1,200 HSBC staff to permanently work from home April 7, 2021 HSBC is moving more than 1,200 staff in the UK to permanent working from home contracts, marking yet another company making major changes to its working patterns post-pandemic. Around 70 per cent of the bank’s 1,800 call centre staff based across England, Wales and Scotland have volunteered to never return to the office, employment union [...]
Buy the dip: Deliveroo gets bump from retail investors keen to get a slice of the pie April 7, 2021 Retail investors appear not to have lost their appetite for Deliveroo, with investors today pushing the price of Deliveroo stock close to where it first debuted on the London Stock Exchange. By mid-afternoon on Wednesday the price of Deliveroo was up around two per cent, trading at around £2.86, down from £2.87 at its market [...]
Free money: Claim minimum of £62 back from the taxman for working from home April 7, 2021 Today is the day you can start claiming at least £62 back from the taxman if you have been forced to work from home this tax year because of the pandemic. HMRC has confirmed that employed workers can now claim the working from home allowance for the new tax year (2021/2022) where they have worked [...]
Nine in 10 Grant Thornton staff want to continue working from home April 7, 2021 Staff at Grant Thornton want to spend fewer days in the office than they did pre-pandemic, believing a more flexible approach to working would have a positive effect on them. Nearly nine in 10 (88%) employees at Grant Thornton want to work from home for at least half of the time after coronavirus restrictions ease, [...]
Kim Kardashian joins the billionaire club as sister Kylie falls out of favour April 6, 2021 Reality TV star-turned-cosmetic and shapewear mogul Kim Kardashian has appeared for the first time on Forbes magazine’s list of the world’s billionaires. Forbes estimated Kardashian, 40, is now worth $1bn, up from about £780m in October, “thanks to two lucrative businesses – KKW and Skims – as well as cash from reality television and endorsement [...]
Goldman Sachs propped up Deliveroo IPO with £75m investment April 6, 2021 Goldman Sachs pumped tens of millions of pounds into Deliveroo shares in order to prop up trading of the takeaway app, after investors shunned its market debut. The investment bank bought around £75m of Deliveroo shares – equivalent to a quarter of stock traded in the first two days after the London listing – the [...]
Oxford pauses dosing in paediatric trial of AstraZeneca vaccine following rare blood-clotting issue April 6, 2021 The University of Oxford has paused dosing children and teenagers in a small UK study of the Covid-19 vaccine it developed with AstraZeneca, pending more information about rare blood-clotting issues in adults who have received it. The European Medicines Agency is currently reviewing reports of an extremely rare brain blood clot known as cerebral venous sinus [...]
Net zero front and centre in G7 meeting hosted by Sunak April 6, 2021 Chancellor Rishi Sunak chaired a meeting with his G7 counterparts today, where the importance of achieving net zero emissions targets were the main focus of discussion. The meeting, which Sunak hosted alongside Bank of England governor Andrew Bailey, will be the first in a series taking place this week. In a statement the Treasury said: [...]
JP Morgan and Goldman Sachs staffers return to London in droves April 6, 2021 Bankers at JP Morgan and Goldman Sachs have returned to their London offices in droves, as the UK continues to inch out of lockdown. Around 15 per cent of JP Morgan’s staff in the City – some 1,800 people – went into the office last week, up from about 10 per cent at Christmas. For [...]
Vaccine passports: What’s going on and what happens now? April 6, 2021 It looks as though vaccine passports could be on the cards until the threat of Covid-19 recedes. At a press conference on Monday evening, Prime Minister Boris Johnson said the principle of requiring someone to have a certificate to prove they would not pass on the disease “can be a sensible one”. However, the PM [...]