Brexit fishing deal ‘far away from sea of opportunity’, industry chief says July 14, 2021 UK fisheries have been left high and dry by the post-Brexit trade deal agreement with the European Union, an industry body boss has said today. The National Federation of Fishermen’s Organisation boss, Barrie Deas, has urged the government to up its support for the sector when the so-called ‘adjustment period’ ends in 2026. The trade [...]
US producer inflation surges to decade high July 14, 2021 US producer prices rose at their fastest pace in over a decade, fuelling concerns that inflation in the American economy could prove to be much stickier than first thought. The producer price index jumped 7.3 per cent annually in June, the biggest annual increase since November 2010, according to figures published by the US Labour [...]
Fancy a Covid jab? Here are all the free walk-in vaccine sites open in London this month July 14, 2021 If you haven’t had a chance to book your Covid-19 vaccination, there are a number of sites accepting walk-ins this July. Anyone over 18 can get their Covid-19 jab in England and those attending sites won’t be required to provide identification, proof of address, or be registered with a GP. If you’re lucky enough to [...]
Two-thirds of adults in the UK are now double-vaxxed July 14, 2021 Two-thirds of adults in the UK are now fully vaccinated against Covid-19, health secretary Sajid Javid has announced. “Two thirds of adults across the UK have now had two jabs. We have beaten our target by almost a week – this is a huge achievement,” Javid said in a tweet. “Thank you to everyone who [...]
Boohoo to bolster Debenhams stores and e-commerce sites in the Middle East July 14, 2021 Boohoo, which bought Debenhams for £55m, has partnered with the Alshaya group to bolster the ex-high street staple’s presence in the Middle East. Kuwait-based Alshaya, which currently run Debenhams stores in shopping malls, will have exclusive rights to operate the Debenhams stores and local e-commerce sites in Kuwait, Saudi Arabia, UAE, Bahrain, Egypt, Oman and [...]
Financial industry to invest in new tech as UK economy rebounds July 14, 2021 Over two thirds of banking and financial services companies plan to invest in new technology and diversify the types of tech they use, according to new research. A survey of 250 senior decision makers found that almost three quarters will invest in improving the quality of their core technology over the next year, as the [...]
CMA green light: £28bn AstraZeneca and Alexion deal to close late July July 14, 2021 The UK competition watchdog has cleared vaccine maker AstraZeneca’s £28bn bid for rival Alexion, which has been confirmed to close on 21 July. First announced in December last year, the deal is intended to bolster AstraZeneca’s immunology capabilities by adding Alexion’s technology platforms. European Union regulators gave the deal the green light last week. Despite [...]
Powell: US inflation likely to run hot in coming months July 14, 2021 US inflation is likely to continue to run hot in the coming months, according to the Chairman of the Federal Reserve. US Federal Reserve Chair Jay Powell said in remarks prepared for the US House of Representatives Financial Services Committee that price rises “will likely remain elevated in coming months”, but will “moderate”. Read more: [...]
Creating a future of access to financial tools for everyone with MELD July 14, 2021 Crypto AM's James Bowater discusses MELD with chairman Ken Olling and CEO Hai Nguyen Quang.
Opec+ end deadlock over oil supply policy, says source July 14, 2021 The United Arab Emirates and Saudi Arabia have ended an impasse over Opec+ oil supply policy, sources said today. A deal was reached after the UAE’s baseline was increased to 3.65 million barrels per day from April 2022, the date when the current pact had been scheduled to end. The news was first reported by [...]
