Think tank calls for a drone minister to unlock sector’s dividends October 20, 2021 UK think tank the Entrepreneurs Network has called on the UK Government to appoint a drone minister to oversee the sector’s growth and unlock its potential. “Our recommendation to create a junior ministerial role with specific responsibility for the drone economy comes from a desire to see this exciting and important sector treated with due [...]
Easyjet goes into the lounge business at Gatwick’s north terminal October 20, 2021 Easyjet announced today its first lounge will open tomorrow at Gatwick airport’s north terminal. Called the Gateway, the space was developed in collaboration with lounge company No1 Lounges. With prices starting at £18.50, the space will allow all travellers – regardless of airline ticket – to eat, drink and work before their flight for one, [...]
Vitamin Vacay: Booking reveals travel predictions for 2022 October 20, 2021 Going away on holiday in 2022 will be people’s preferred form of self care, says travel website Booking.com. In a research conducted across 31 countries and published today, Booking.com has revealed its 2022 predictions, highlighting how after 18 months of pandemic, travel optimism is getting back as people adjust to the “new normal”. Almost 74 [...]
WeWork to trade from Thursday after BowX merger October 20, 2021 Office-space provider WeWork is expected to start trading on the New York Stock Exchange from Thursday after a $9bn merger with special-purpose acquisition company (Spac) BowX Acquisition. As reported by the Financial Times, WeWork’s $9bn market evalutation is a fraction of the initial $47bn at which was listed before tanking its initial listing in 2019. [...]
UK green jobs’ revolution needs to be 25 times faster to hit 2030 target says job site October 20, 2021 The UK green jobs’ revolution needs to be 25 times faster if it wants to hit the government’s 2030 target, admonished job site Indeed. In a research published today, Indeed has showed that green job vacancies are at 0.2 per cent, around 2,000 roles per million job postings, despite rising by 13 per cent between [...]
Antofagasta in line with expectations despite pressures October 20, 2021 British multinational Antofagasta has remained in line with expectations, registering a steady production during the third quarter of 2021, with copper and gold increasing by 1.5 and 8.8 per cent compared to the previous one. Cost performance was also in line with the group’s predictions even though the company – like many others – is [...]
Metro Bank on track with sustainable growth in quarter results October 20, 2021 Even though total deposits were down one per cent compared to the second quarter, in this year’s third quarter Metro Bank has managed to maintain a high-quality deposit mix, remaining on track with its sustainable growth plan. Reflecting a growth in consumer unsecured lending and specialist mortgages, the bank’s net loans stationed at £12.3bn, while [...]
Deliveroo keeps going strong in quarter results October 20, 2021 Deliveroo has registered a 58 per cent increase in gross transaction value in the third quarter of 2021, while the growth in active consumers and orders has continued to improve, going up 56 and 64 per cent respectively. “We have continued to make good progress executing against our strategy, resulting in strong performance in the [...]
UK to invest £620m in EV transition as part of net zero plan October 19, 2021 The UK Government has announced it will invest £620m to support the transition to electric vehicles (EV) as part of the Net Zero strategy unveiled today. “By moving first and taking bold action, we will build a defining competitive edge in electric vehicles, offshore wind, carbon capture technology and more, whilst supporting people and businesses [...]
Will users of digital assets need traditional custody providers? October 19, 2021 The ability to hold data in a very structured manner means that machines can easily track and trace who owns what, and where the assets are held, in ‘real-time’, writes Jonny Fry.
