Cabinet office minister warns businesses giving bonuses and dividends to not expect government support – CityAM % : CityAM October 12, 2021 Struggling companies facing high gas prices could be refused a government bailout this winter if they have paid out big dividends and bonuses. Cabinet office minister Steve Barclay told Times Radio that the Treasury would scrutinise whether any interventions represented “value for money”. He said: “It’s right from a taxpayer point of view, mindful of [...]
Hong Kong Racing Tips: Chau to prove previous victories were not a Fluke October 12, 2021 IT DIDN’T take Jerry Chau very long to steer home his first winner as a freelance jockey, when guiding Harmony Win Win to victory at Sha Tin on Sunday. The 21-year-old Chau, who graduated into the senior riding ranks, after landing his 70th winner in Hong Kong, on the previously frustrating Transcendent at Happy Valley [...]
Hong Kong Racing Tips: Back Sun to banish the rain at Happy Valley October 12, 2021 PUNTERS may need to tread warily when racing resumes in Hong Kong, with an eight-race programme at Happy Valley today. With a tropical rainstorm dumping nearly 490mms, or around 19inches of water last weekend, and another rain cyclone homing in on the territory, you can safely assume the word firm is unlikely to figure in [...]
Lord Callanan: Refurbish, not just rebuild, ahead of COP26 October 12, 2021 The government is looking to tackle embodied carbon – emissions produced during the manufacturing of building materials – as part of its upcoming building strategy. Developers have been knocking down the UK’s drafty homes to pave the way for greener, more energy efficient, new builds. But in doing so, are not preventing as much carbon [...]
Brexit: Frost says UK will accept nothing less than ‘new’ Northern Ireland Protocol October 12, 2021 The UK’s Brexit minister has said the Northern Ireland Protocol must be fundamentally changed or else the UK will suspend it, saying it would be a “historic misjudgment” for Brussels not to act. Lord David Frost said in Lisbon today that the post-Brexit treaty was not working and has irreparably “lost consent in one community [...]
Opinion: Rowing can be a force for good but needs support from business October 12, 2021 We don’t hear enough about rowing so it can take a certain commitment and courage for someone to get into a boat for the first time and push against the stream. Yet there is an increasing number of people across Britain who live by the sport – whether recreationally or competitively, indoors on rowing machines [...]
US reservations by UK travellers rise after reopening announcement October 12, 2021 US reservations by UK-based travellers jumped 150 per cent following an announcement about easing travel restrictions. Bookings soared after the US announced it would reopen in November to vaccinated air travellers on September 20, according to short term rental property management platform, Guesty’s. The volume of reservations for the US for November and December is [...]
Binance launches $1bn fund to encourage mass crypto adoption October 12, 2021 Binance, the world’s largest crypto exchange, has launched a $1bn (£736m) Crypto Mass Adoption Fund to accelerate the use of digital assets and blockchain technology. The billion dollar investment will support the Binance Smart Chain, a blockchain which developers can use to build decentralised applications (dapps) and projects. Half of the fund will be reserved [...]
UK muscles out G7 to top economic growth league October 12, 2021 The UK has muscled out its rich nation rivals to top the table for economic growth this year. Britain’s economy will expand 6.8 per cent this year, a faster rate of growth than any other G7 country, according to the International Monetary Fund (IMF). Despite trimming its forecasts by 0.2 percentage points, the UK will [...]
Losing the spark: London’s New Year’s Eve fireworks show cancelled again October 12, 2021 London’s highly anticipated New Year’s Eve fireworks show has been cancelled for the second year running over Covid-19 concerns. While the Thames-side event is off, there are plans to hold a separate event in Trafalgar Square, according to the Metro. “This year, as always, London will be welcoming the new year in a spectacular way,” [...]