Delta Covid variant patients twice as likely to need hospital care August 28, 2021 A new study into the Delta variant of Covid-19 suggests that those who contract the variant are twice as likely to require hospital care than those who contracted the original disease. The findings, which were published in medical journal the Lancet, looked at cases of the disease between March and May. However, it found that [...]
Crypto currencies have always shunned institutions, but to gain legitimacy they must learn from banks August 28, 2021 Crypto has had a whirlwind of a year. Bitcoin bounced between dizzying peaks and rock bottom troughs, financial institutions bought and sold crypto assets in droves, mainstream consumer payment providers started offering digital assets to customers, and scores of crypto exchanges and custodians were hit by expensive cyberattacks. Crypto’s greatest challenge is simply lack of [...]
Cazoo shares rise on New York debut in fast start to firm’s ‘next chapter’ August 28, 2021 Used car platform Cazoo ended its first day of trading as a public firm up 7.6 per cent after the firm made its long-awaited stock market debut yesterday. The $8bn float, which makes serial entrepreneur Alex Chesterman’s latest project the most valuable US listed UK firm, came after it completed its merger with SPAC Ajax [...]
Fix lorry driver shortage by hiring furloughed workers, Kwarteng says August 28, 2021 The business secretary has written to firms telling them to hire UK-based workers facing an “uncertain future” to solve the current lorry driver shortage. In a letter to business leaders, Kwasi Kwarteng rejected calls to loosen immigration rules to fix the problem, which is causing shortages of certain food products. Instead of turning to overseas [...]
Government set to ban single-use plastic plates and cutlery August 28, 2021 Single-use plastic plates, cutlery and polystyrene cups are set to be banned in the UK amid plans for a new “war on plastic waste”, ministers have announced. It is the latest step in attempts by the government to tackle plastic pollution after pledging to prevent all avoidable plastic waste by the end of 2042. A [...]
Manchester City: How ownership model gives club a transfer market edge : CityAM August 28, 2021 With all the drama and excitement of Euro 2020 and a fascinating summer transfer window, even an ardent football fan may have missed the news that City Football Group, the parent company of Manchester City, now boasts reigning champions in three different countries – India, Australia and, of course, England. However, the mutual benefits of [...]
Civil investigations by HMRC fell during lockdown August 28, 2021 HMRC civil investigations into suspected tax evasion have fallen during the pandemic compared to pre-pandemic levels, according to FOI data obtained by national accountancy group UHY Hacker Young. The organisation said HMRC opened 278 civil investigations into suspected tax evasion during the first ten months of the pandemic, between 1 April 2020 to 31 January [...]
Wall Street scales to yet more record highs after Powell signals Fed will taper stimulus this year August 27, 2021 US markets were propelled to yet more record highs today after the chair of the US Federal Reserve indicated the central bank may start to wind down stimulus measures this year. The S&P 500 touched a record high today, before paring back slightly to rise 0.90 per cent to 4,510.49 points during early afternoon trading. [...]
UK food producers push PM to grant 12-month visas to solve supply problems August 27, 2021 Companies from across the UK’s food chain are calling on the UK Government to grant thousands of extra one-off visas to solve Brexit-induced supply chain problems that now threaten to ruin Christmas. Companies and lobby groups representing food production companies from paddock to payment counter want a 12-month visa to be created for HGV drivers [...]
Microsoft awarded patent for crypto token creation software August 27, 2021 Microsoft has been awarded a US patent for software which will help users to develop blockchain applications and create crypto tokens. The tech behemoth has secured a patent for “ledger-independent token service” which executes user requests to create new tokens on a ledger network. The request was filed in 2019. The system will offer “token templates” [...]
