City workers returning to offices hits post-pandemic high October 6, 2021 The number of City workers working in offices hit a new post-pandemic high last week. Remit Consulting’s Return Report confirmed that Tuesday, Wednesday and Thursday were the busiest days of the week, with workers opting to work from home on Mondays and Fridays. Based on automatic turnstiles data, from building managers from over 150 major [...]
Brits rush to book holiday breaks abroad as restrictions ease October 6, 2021 As travel restrictions are eased and the UK Government has effectively scrapped the traffic light’s system, Brits didn’t hold back when planning holidays abroad again. By analysing some of the most-search destinations, online travel giant Booking.com has revealed Spain, New York and Dubai coming out top in the most-searched holiday spots. Data also revealed that [...]
Party time for Tories as Boris Johnson shows off his iron grip on British politics October 6, 2021 Boris Johnson’s bouyant speech today was a fitting end to a Tory party conference that was marked by an overriding sense of triumphalism. Endless crates of Bollinger were cracked open with the ease and vigour of a teenager necking their first Bacardi Breezer. The Midland Hotel’s bar was packed round the clock with bespectacled and [...]
Revolut could be launching its own crypto token October 6, 2021 The ultra fast payments service Revolut could be launching its own crypto token according to sources familiar with the matter. The company offers banking services through its flagship mobile app and already allows customers to buy and sell crypto currencies. The UK’s biggest FinTech company, valued at $33bn, wants to take things a step further [...]
Qantas coughs up $9bn to renew its entire domestic fleet October 6, 2021 Australian carrier Qantas is renewing its domestic fleet for a total spending of more than $9bn. The airline has entered the final stages of a tender process with aircraft and engine manufacturers that will see more than 100 new aircraft become operational by 2034, according to a Bloomberg report. The renewal will reportedly mainly affect [...]
No comment from Tesco on takeover talk as it promises customers a good Christmas October 6, 2021 Tesco has denied its share buyback programme has anything to do with private equity takeover rumours. Following US private equity firm Clayton, Dubilier & Rice winning Morrisons at auction with a bid of £7bn, Tesco and Sainsbury’s have been singled out as next in line for a takeover. Tesco said it would purchase £500m of [...]
Sun, sea and a whole new me: A fitness retreat in St Lucia October 6, 2021 London life is made up of extremes. Pricey gym classes, sobriety attempts and intermittent fasting experiments alternate with booze binges, tasting menus and frenzied socialising in a cycle of two steps forward three steps back. Even my holidays leave me feeling like I need time off to recover. To tone up and tune in without [...]
City of London Corporation calls for extension to UK clearing house access to EU October 6, 2021 The Square Mile’s local authority has called on Brussels to extend the EU’s access to City clearing houses beyond next year to ensure financial stability. The City of London Corporation’s policy chair Catherine McGuinness said in Paris today that “the issue of clearing is a real worry for many of us in the City”. The UK’s [...]
Ofcom to crackdown on TikTok, Snapchat and Twitch content October 6, 2021 Ofcom has announced plans to get tough on hate speech and inappropriate content shared on video sharing platforms including TikTok, Snapchat and Twitch. Britain’s broadcasting regulator will be given far reaching new powers to issue fines and even suspend platforms which allow hate speech and inappropriate content to be displayed. The policy change comes after [...]
PM unaware of British businesses’ ‘lived realities’ October 6, 2021 Business leaders and industry chiefs have lashed out at Prime Minister Boris Johnson for dismissing the “lived realities” of British companies after he delivered the concluding speech at the Conservative Party conference today. In a policy-light but joke-heavy address, Johnson said the UK is barrelling toward a “high wage, high skill and low tax economy” [...]
