Kanabo further cements cannabis into healthcare industry with £14m deal February 22, 2022 London-listed Kanabo has bought a GP services company to help patients in accessing medicinal cannabis for some £14m. Kanabo, the first medicinal cannabis company to list on the London Stock Exchange, is set to use deal to bolster its telemedicine offering for patients with chronic pain, anxiety and central nervous system diseases. The capital’s cannabis [...]
Johnson has called time on Covid-19 laws but it will come at employers’ expense February 22, 2022 Yesterday, Boris Johnson set out the government’s vision on “living with Covid-19”. The main announcement was the end of the legal requirement to self-isolate if positive. By the end of this week, people will only be “advised” not to leave home if they have the virus. This signals a shift from “state mandated” rules to [...]
UK says Russian invasion of Ukraine has begun: Boris Johnson says first sanctions coming today February 22, 2022 Russia’s invasion of Ukraine has begun, UK Health Secretary Sajid Javid said this morning, making the imposition of Russian sanctions imminent. Prime Minister Boris Johnson has said the “first barrage of UK economic sanctions against Russia” will be revealed today as he warned Vladimir Putin is bent on a “full scale invasion of Ukraine”. It [...]
All aboard the crypto train? February 22, 2022 Are you a wealth manager who believes bitcoin and other cryptocurrencies are a passing fad or worse? You’re not alone. But you also may want to reconsider. The wealthiest clients certainly don’t agree and they are voting with their wallets. In fact, 72% of high-net-worth individuals (HNWIs) have invested in crypto, according to the 2021 [...]
Storm Eunice hits UK shipping hard causing port closures and bottlenecks February 22, 2022 The wreckage caused by Storm Eunice over the weekend didn’t only halt the UK’s road, rail and aviation networks but created unfathomable damages also the UK ports and the overall shipping industry. As a result of the 122mph high winds that stroke across the country, cross-channel ferries were cancelled on Friday, leading to additional bottlenecks [...]
Government interest bill hits highest ever level for a January February 22, 2022 The government’s interest bill swelled to its level ever for a January since records began in the late 1990s as inflation burns a hole in the UK’s public finances. The amount the government spent on servicing its debt hit £6.1bn last month, up £4.5bn over the last year, according to the Office for National Statistics [...]
Germany suspends Nord Stream 2 pipeline as Russian troops push into Ukraine February 22, 2022 German chancellor Olaf Scholz has halted the approval process of the Nord Stream 2 pipeline as Russia ramps up tensions in Ukraine.
Sajid Javid says he will continue to wear masks on packed Tube as TfL removes requirement February 22, 2022 Health secretary Sajid Javid will continue to wear a mask when travelling aboard packed tube trains just as Transport for London (TfL) removed the order of wearing face coverings across its network. “Although the infection levels have been falling significantly week, I think where infection levels are at the moment, if I was on the [...]
Caffè Nero sales almost hitting pre-Covid levels despite Omicron dent February 22, 2022 Coffee chain Caffè Nero has said its sales have returned to more than 90 per cent of pre-Covid levels. The firm reported trading for its half-year to November 2021, as well as annual results for the financial year ended May 2021. While the mergence of the Omicron Covid variant saw office workers working from home, [...]
Letters: An audit of our audit reforms February 22, 2022 [Re: UK government to set out plans for audit watchdog overhaul imminently after years of delays, 14 February] Further delays to the UK government’s audit reform plans – with a government source warning that the rules may not be included in the next legislative programme – could have huge economic and human costs, as accounting [...]