Morocco bans UK flights as Covid cases soar – CityAM : CityAM October 20, 2021 Morocco suspended today all flights from the UK, Germany and the Netherlands due to the soaring number of Covid-19 cases in the countries. “Upon decisions of national authorities and following the pandemic situation, flights from/to Germany, Netherlands and the UK are suspended from today, Wednesday 20th Oct at 23:59,” tweeted Morocco’s national carrier Royal Air [...]
Scottish Investment Trust to merge with JP Morgan in £1.2bn deal October 20, 2021 Scottish Investment Trust is dropping its in-house management team to combine assets with JP Morgan’s Global Growth & Income (JGGI) arm to create a new £1.2bn enlarged trust. The deal is expected to complete in the first quarter of next year if approved by shareholders, and the Scottish Investment Trust will be voluntarily liquidated through [...]
MEXC Global and ByBit join forces to create user base of 10 million people October 20, 2021 Worldwide cryptocurrency and digital asset exchange MEXC Global is partnering with derivatives trading platform ByBit
Redress on the horizon? NAO begins probing FCA’s handling of British Steel transfer debacle October 20, 2021 The National Audit Office (NAO) has begun its probe into the Financial Conduct Authority’s (FCA) handling of the British Steel transfer debacle. The investigation is still in its early stages, but the audit watchdog said that it aims to publish its findings in Spring next year. The 2017 scandal involved 7,700 British Steel Pension Scheme [...]
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 [...]
Labour pushes government to clampdown on online extremism in the wake of Sir David Amess murder October 20, 2021 Boris Johnson has insisted new internet safety laws will impose “criminal sanctions with tough sentences” on social media giants for allowing “foul content” on their platforms.
Kwasi Kwarteng rules out a fourth Covid lockdown over winter October 20, 2021 Kwasi Kwarteng has today ruled out another winter lockdown, after warnings from some scientists that Covid curbs should be re-implemented over winter. The business secretary said he was “concerned” about increasing daily death rates, but pointed out that “at the beginning of the year we had hundreds, if not thousands, a day”. There were 223 [...]
Rio Tinto to halve carbon output by 2030 with $7.5bn worth of investments October 20, 2021 Anglo-Australian miner Rio Tinto is set to halve its carbon output by 2030, which it said will be supported by around $7.5bn in investments. The new emissions goal, which more than triples its previous target, should see the mining giant slash its scope one and two emissions, meaning it seek to limit the emissions produced [...]
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, [...]
BrewDog launches ‘gold plated apology’ after advertising watchdog scolding October 20, 2021 BrewDog has been slapped on the wrist by the advertising watchdog after falsely claiming competition winners would receive a “solid gold” can. BrewDog admitted the prize cans in question were 24 carat gold-plated replica cans rather than solid gold as social media posts, that were hastily deleted, had claimed. Coo-founder James Watt has said the [...]
