MP Claudia Webbe found guilty of harassment October 13, 2021 Claudia Webbe, independent MP for Leicester East, has been found guilty of harassment. The MP – who was suspended by the Labour Party – was found guilty at Westminster Magistrates Court this afternoon. The court heard how Webbe threatened to send nude images of a woman to her family after becoming jealous of the friendship [...]
Bank of England scraps closed-door briefings with banks October 13, 2021 The Bank of England has scrapped holding private meetings with banks and financial institutions in a bid to raise transparency at the central bank. The shift in position comes after pressure on the world’s leading central banks to stop hosting off the record briefings with banks mounted following European Central Bank chief economist Philip Lane [...]
Clean energy investment crucial for reducing market volatility, says oil body October 13, 2021 Global volatility in the energy market and further price rises will continue without a major boost in clean energy investment, warns the International Energy Agency. Executive director Fatih Birol believes the transition to net-zero carbon emissions will remain unstable, unless future energy needs can be financed. As economies shift from fossil fuels and less sustainable [...]
The whisky-maker putting the ‘fun’ in Non-Fungible October 13, 2021 Glenfiddich is putting the “fun” into non-fungible, with NFTs you can drink. The pioneering single malt whisky brand is partnering with BlockBar, a new platform for buying, collecting and trading non-fungible tokens (NFTs) related to luxury wines and spirits. The service will launch next week, with the sale of limited edition Glenfiddich NFTs: fifteen unique [...]
UK railways prepare for 2m passenger slump as budget cuts loom October 13, 2021 UK railways are preparing for a 2 million passenger fall as, post-Covid commuting patterns have changed, prompting rail companies to start swinging the axe on jobs. Forecasts prepared by the railway industry’s Covid forecasting group for Network Rail highlighted that, in the worst case scenario, numbers will only go up to 60 per cent of [...]
Khan’s Covid recovery campaign for London’s battered tourism sector pulls in £70m October 13, 2021 London mayor Sadiq Khan’s pandemic recovery campaign for the capital’s battered tourism sector has pulled £70m into the sector, according to London & Partners CEO Allen Simpson. The campaign, which launched in May, was to bring a well needed boost to London’s tourism sector after emergency Covid-19 restrictions decimated the industry. Speaking at City Hall [...]
Bank of England: Crypto regulation must be pursued as ‘matter of urgency’ October 13, 2021 The Bank of England has called for crypto currencies to be regulated as a “matter of urgency” warning that a market crash is “plausible.” Speaking at the SIBOS conference yesterday, Jon Cunliffe, deputy financial stability officer for the UK’s central bank said that crypto poses a rapidly growing threat to the global economy. A crypto [...]
Brits miss flights as NHS Covid pass crashes October 13, 2021 The NHS Covid pass – which enables individuals to prove their vaccination status – crashed on Wednesday, leaving many worried about missing flights. The NHS confirmed there were “currently issues with accessing the Covid Pass” both on the app and website. It said it was investigating the issue and would provide an update as soon [...]
Met police record 17 drug crimes at Palace of Westminster in a year October 13, 2021 More than 200 crimes were recorded at the Palace of Westminster in a year, despite reduced visitors to the estate because of lockdown restrictions. Two drug dealers were arrested while 13 individuals were detained for possessing various drugs on the estate, according to a Freedom of Information (FOI) request made by The Sun newspaper. The [...]
Swelling food and energy costs lift US inflation October 13, 2021 A jump in food prices and energy costs drove inflation in America to a fiery clip in September, testing Fed chair Jerome Powell’s insistence that price rises are transitory. On an annual basis, US inflation hit 5.4 per cent last month, according to the Labor Department. Higher prices for food, which rose 4.6 per cent, [...]
