Hargreaves Lansdown assets grow to £133bn in strong start to the year May 13, 2021 Hargreaves Lansdown today reported a sharp rise in assets under administration (AUA) but said it had seen a fall in share-dealing volumes as Covid restrictions eased. The British investment platform saw AUA reach £132.9bn by during the first four months of the year, compared with £120bn reported at the end of 2020. Hargreaves enjoyed a [...]
Beazley sees premiums rise but flags $70m loss from US storms May 13, 2021 Insurance firm Beazley today said that its gross written premiums jumped nearly a fifth in what it labelled a “positive” start to 2021. The firm said that gross premiums written increased by 16 per cent to $971m in the first quarter, up from $840m in the same period last year. It added that its estimated [...]
UK house price growth accelerates as supply of new homes coming to market dwindles May 13, 2021 UK house price growth accelerated last month due to a slowdown in the supply of new homes coming to market, according to the latest research. A survey carried out by the Royal Institution of Chartered Surveyors (Rics) showed that 75 per cent of respondents reported an increase in UK house prices. The figure is up [...]
First test trains run on Crossrail ahead of 2022 opening May 13, 2021 Initial testing on Crossrail’s Elizabeth Line has now kicked off, with four trains an hour now running on the line. It is the first phase in a series of major trials that must be completed before the much-delayed line opens in the first half of 2022. The firm also said it had handed over the [...]
Booking.com CEO: Business travel will never recover to pre-Covid levels May 13, 2021 The lucrative business travel market, which sees suited and booted executives fly between London, New York, Frankfurt and beyond and bolsters bottom lines at airlines and hotels globally, will never fully recover from Covid.
Taiwan Health Minister: We survived Covid with a handful of deaths, let us help build a global healthcare system May 13, 2021 Emerging infectious diseases pose an unceasing threat to global health, international economies, trade and tourism. As the world has grown close through international aviation and transport, the ability of pandemics to spread rapidly has increased. Covid-19, the novel form of pneumonia which first emerged in Wuhan, China, at the end of 2019 has killed more [...]
Finance: TikTok yea or nay? May 13, 2021 ICAS Lecturer, Nisha Sreedharan CA, discusses the recent trend of financial advice being given on social media channels in our latest blog post and whether people are being made aware of the risks. During lockdown many of us have used social media as a means of combating boredom, loneliness or connecting virtually with the world [...]
Huge spike in recruitment as permanent jobs up 90 per cent year-on-year May 13, 2021 The number of permanent roles available in April was up 90 per cent year-on-year, as the UK got ready to emerge from more than a year of falling in and out of coronavirus restrictions. Permanent vacancies were up 90 per cent year-on-year last month, while contract roles were up 83 per cent, according to data [...]
Bitcoin rocked by Elon Musk’s dramatic Tesla announcement May 12, 2021 Tesla boss Elon Musk has suddenly announced the electric car manufacturer will be suspending the option to buy his vehicles with Bitcoin over the cryptocurrency's "environmental concerns".
Ethereum founder Vitalik Buterin donates $1.2 billion of Doge doppelgangers to India’s Covid effort May 12, 2021 Ethereum creator Vitalik Buterin has been applauded for a charitable act that put a leash on dog meme coins and handed $1.2 billion to India’s Covid-19 relief fund.
