European Commission urges US travel ban to be lifted for Europeans August 4, 2021 European Commission President Ursula von der Leyen, has demanded Washington lift entry restrictions for European citizens in an interview with German outlet RND published today. “We insist that there are comparable rules for travellers in both directions. The epidemiological situation in the US and the EU today is very similar,” said the EU Commission President. “We [...]
Police bosses renew call for pay increase August 4, 2021 Police bosses have renewed their calls for pay increases, telling the Home Secretary Priti Patel that they “deserve better”. Last week police representatives marched on Downing Street after it was announced that officers who earn more than £24,000 will be subject to a pay freeze this year. NHS staff will receive a 3 per cent [...]
Taylor Wimpey revenue jumps 190 per cent after building record number of homes August 4, 2021 Housebuilding group Taylor Wimpey has built a record number of homes in the past six months, which has given its revenue a well-needed uplift. The housebuilder completed some 7,303 homes in the six months to 4 July, up from 2,771 in the same period last year. Shares were up three per cent in its afternoon [...]
Three great roles to apply for this week August 4, 2021 If you’re looking for an exciting new job, then you have absolutely come to the right place! Every week for the last number of months we have been sharing brilliant opportunities with you, in the hopes of helping the world get back to work after the pandemic. And since things have started to return to [...]
Legal & General profits over £1bn in a return to pre-covid levels August 4, 2021 Legal & General Group today reported strong financial results for the first half of the year, as the firm remains “confident in our collective and successful emergence from the pandemic.” The London-based asset manager saw a 14 per cent growth in operating profit to £1.1bn, compared with £946m for the same period in 2020. It’s [...]
Sheakespeare on advertising: Monzo need to make noise to get a hearing August 4, 2021 Monzo’s annual report revealed a £114m annual loss – one that, for the second year running, raises “material uncertainty” over its future – and that the bank is under investigation over possible breaches of anti-money laundering laws. So what’s going on-zo? Data from YouGov BrandIndex UK may shine some light on the bank’s fortunes. While [...]
A year on from the explosion, Beirut still a shell of its former self and questions remain unanswered August 4, 2021 One year ago today, the world looked on in horror as Beirut exploded. The monumental blast at what turned out to be a nitrate storage hangar decimated the area surrounding the Lebanese capital’s port and beyond, with the damage estimated to be around $4.6bn. The story is one of grave corruption and mismanagement. Over 2,700 [...]
PMI: Pingdemic crimps UK services industry August 4, 2021 The “pingdemic” has hit activity in the UK services industry as firms struggle to ramp up supply to cope with soaring demand due to severe worker shortages, according to a closely watched survey released today. The latest IHS Markit / CIPS purchasing managers’ index for the UK services industry dropped to 59.6 in July, down [...]
City Moves: Who’s switching jobs in the Square Mile this week? August 4, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. TopHat appoints former McLaren group boss as CFO Goldman Sachs-backed housing company TopHat has bagged McLaren’s former boss as its new chief financial officer to join its King Cross offices. Paul Buddin, who left the McLaren [...]
EU pushes ahead with plan to levy border fee on Brits: Will the UK reciprocate? August 4, 2021 The European Commission has confirmed its plans to charge €7 (£6.20) to travellers visiting Europe from non-EU states, including British citizens. The fee will apply with the introduction of a European Travel Information and Authorisation System (ETIAS) before the end of 2022. It will be a one-off fee valid for multiple entries over three years, [...]
