Markets recover, sending Bitcoin back into $30-40k range July 21, 2021 Bitcoin’s foray under $30,000 appears to have been short-lived, with the world’s largest cryptocurrency up around four per cent over the last 24 hours to back above $31,000.
BT takes multi-million-pound stake in US cyber firm Safe Security July 21, 2021 BT has taken a multi-million-pound stake in a US cyber firm as the telecoms giant looks to ramp up its presence in the cybersecurity sector. The FTSE 100 company will be the largest investor in a funding round in Safe Security, which specialises in cyber risk management. Headquartered in Silicon Valley, the company’s platform allows [...]
Support enterprise to repair economy, urges IoD July 21, 2021 The UK government must support enterprise to stimulate economic growth after the Covid crisis recedes, according to the Institute of Directors. The IoD stressed that fresh policies are needed to increase entrepreneurial activity and help businesses realign their operations to fit within the post-Covid economy. Among the measures the IoD called for was a reduction [...]
Government to urge people to ‘keep life moving’ in new Covid slogan July 21, 2021 The government is set to drop its “hand, face, space” Covid slogan and replace it with “keep life moving” as it urges people to enjoy newfound freedoms while still taking some precautions. Restrictions were lifted en masse in England on Monday, however more than 1m are currently being forced to self-isolate due to the so-called [...]
Zoom has bought Five9 for $14.9bn but it will need to work hard to find its niche post-pandemic July 21, 2021 As the pressure for workers to return to the office continues to grow, Zoom is looking to a future where video conferencing software isn’t a replacement for in person social interaction. It is clear that most businesses will expect their employees to return to the office for at least part of the working week. What [...]
Mulberry returns to profit despite store closures July 21, 2021 Fashion house Mulberry returned to a profit of £5.9m after suffering a £14.2m loss last year, as online sales growth and a “strong recovery” in the UK helped compensate for pandemic store closures. Digital sales rose to £56.4m in the full year to 27 March – up 55 per cent from £36.3m in 2020, the [...]
MPs call out ‘complete absence’ of invasive beauty treatment regulation July 21, 2021 MPs have urged the government to strengthen regulation on non-surgical beauty treatments, like fillers and injections, citing a “complete absence” of a legal framework. After a year-long review, the All-Party Parliamentary Group (APPG) on Beauty, Aesthetics and Wellbeing have claimed the government has left the young industry to regulate itself. The APPG advised mandatory training [...]
Property transactions surge to record high in June July 21, 2021 UK monthly property transactions hit a record high in June as prospective homebuyers scrambled to complete purchases before the stamp duty holiday tapered at the end of the month, new figures released today show. HMRC said seasonally adjusted monthly transactions in June reached 198,240, the highest since records began. Read more: House prices surge 5.7 [...]
UK set for major EU row as Frost prepares to redraw Northern Ireland Protocol July 21, 2021 The UK is set to force another major post-Brexit row with the EU as it prepares to demand significant changes to the Northern Ireland Protocol today. Defacto Brexit minister Lord David Frost will reportedly call for almost all checks between Great Britain and Northern Ireland to be removed to avoid economic and civil disruption. The [...]
Apple to double down on 5G for 2022 iPhone line-up July 21, 2021 Apple will reportedly release only 5G-enabled iPhones from next year and revamp its budget handset for the first time in two years as the company looks to boost sales of its flagship product. The tech giant will not introduce any new 4G models in 2022 and will instead begin selling a 5G version of its [...]
