Sadiq Khan’s £15 congestion charge is preventing London’s bounce back from the pandemic August 20, 2021 There is rarely such a thing as a temporary regulation or tax, even those instituted in response to an emergency. Politicians enjoy the power to regulate and even more the receipt of taxes. But regulation and taxes are the enemy of innovation and business, especially small businesses. The damage they do can take years to correct. [...]
Law firm Irwin Mitchell reaches ‘landmark’ £1bn assets under management August 20, 2021 Irwin Mitchell’s wealth management team has reached £1bn of assets under management (AUM) this week, the company has announced today. The firm, which also recently announced an 11th year of consecutive growth, launched its wealth management division in 2000 and focussed on providing financial planning and investment management to personal injury clients in receipt of [...]
Hundreds of ex-Debenhams staff launch legal action over lack of redundancy consultation August 20, 2021 Hundreds of Debenhams workers are launching legal action after they claim they were not given adequate notice for redundancy. Up to 800 former employees of the department store are participating in two group actions to employment tribunals, led by Simpson Millar and SDM Legal. Former staff said Debenhams should have collectively consulted with employees for [...]
EP: 83 York Ebor Festival – Saturday August 20, 2021 The final day of the York Ebor Festival hosts the much-anticipated Ebor Handicap over the mile and six-furlong distance. Irish trainer Johnny Murtagh joins us to discuss the chances of his two Ebor runners, Sonnyboyliston and Mirann. Racing journalist Geoff Lester tells us about his new book “The Time Of My Life” and relive some [...]
US to investigate fresh Havana syndrome cases at embassy in Berlin August 20, 2021 The US has launched an investigation after several employees at its embassy in Berlin began experiencing symptoms similar to that of the mysterious “Havana syndrome”. An increasing number of US diplomats and CIA spies have been struck by Havana syndrome, which has been theorised to be a result of microwave pulse weapons. Two US officials [...]
Pound drops to fresh one-month low against the dollar August 20, 2021 Pound sterling sank to a new one-month low against the dollar today on concerns that the global economic recovery from the Covid crisis is grinding to a halt. The pound lost ground on the greenback, falling 0.19 per cent to $1.3913 during morning trading, a fresh one-month low. It hit an intra-day low of $1.3909. [...]
Can Bitcoin fix the financial problems of the last 50 years? August 20, 2021 As the world of fiat currency turns 50 years old, Jason Deane asks if Bitcoin can fix its problems.
Binance to restrict access to services until users complete identity checks August 20, 2021 Binance, the world’s largest crypto exchange by trade volume, has today introduced new security checks as it seeks to placate regulators. Binance is upping its Know Your Customer (KYC) requirements for new and existing customers and has announced that everyone must complete ‘Intermediate Verification’ in order to access services. Existing users will have their permissions [...]
Facebook secures Afghan accounts as Taliban cements takeover August 20, 2021 Facebook has brought in new safety measures in response to concerns that the Taliban, who have taken over Afghanistan this week, could use social media to target and track individuals, according to reports. The social media giant has temporarily removed the ability for people to see or search the friends lists of accounts based in [...]
Astrazeneca’s non-vaccine therapy cuts chance of getting symptomatic Covid by 77 per cent, trial finds August 20, 2021 FTSE-listed Astrazeneca this morning said its Covid-19 antibody therapy met the main goal of preventing coronavirus symptoms in a late-stage study. It means the Anglo-Swedish pharma is on track to potentially offer an alternative to vaccines for people with weakened immune systems. Astrazeneca said it will now submit data to try and get emergency authorisation [...]
