BBC apologises to James Dyson for labelling him a ‘prominent Tory supporter’ May 12, 2021 The BBC has issued an apology to James Dyson after the broadcaster referred to him as a “prominent Conservative supporter”. The BBC issued the apology today and admitted the inventor of the Dyson vacuum cleaner was mischaracterised in its coverage of Whatsapp messages between himself and the Prime Minister. In a statement the BBC [...]
Electric scooter startup Bird to go public in £1.6bn SPAC deal May 12, 2021 Bird Rides announced a merger with Switchback II Corp, a blank-cheque company, to go public in a deal that values the electric scooter company at £1.6bn. SPACs are listed companies that use the proceeds from an IPO to buy a private firm and take it public. The scooter rental company said the deal will be [...]
Directors to face bans for finding loopholes to avoid Covid loan repayments May 12, 2021 The Insolvency Service will be given new, beefed up powers to crack down on those looking to avoid repaying their pandemic loans. The Insolvency Service will be able to investigate and sanction company directors trying to dissolve their business to avoid repaying creditors, the Financial Times first reported. The government is reportedly keen to clamp [...]
PIRC sides with activist investor in Exxon boardroom battle May 12, 2021 Governance advisor Pensions & Investment Research Consultants (PIRC) has recommended Exxon Mobil shareholders vote in favour of four hedge fund board nominees, adding further fuel to the battle for Exxon’s boardroom. Exxon and activist hedge fund Engine No. 1 are battling over board seats and Exxon’s strategy to meet demands for lower-carbon energy. The fund has nominated four board [...]
The human genome project – From then to now May 12, 2021 Around 64 years ago, a group of scientists took biology to the next level: the molecular level. This provided us with revelations about the structure of the DNA helix and how genetic information flows through cells. Thus, molecular biology came into being. Following this huge success, the early 1970s marked the emergence of two historical [...]
People in their late 30s to get Covid jab from tomorrow in England May 12, 2021 NHS England has announced that people in their late 30s will be able to book an appointment for a Covid jab from tomorrow, May 12, as the vaccine rollout in the UK continues. NHS sources are widely reported to have said that they aim to give all adults at least one dose by the end [...]
US inflation sees biggest leap in nearly 13 years May 12, 2021 Consumer prices in the United States shot up 4.2 per cent in the 12 months to April, which could add fuel to market fears of a lengthy period of higher inflation. The jump marked the biggest increase in consumer prices since June 2009, and the biggest inflation gain since September 2008. The jump also followed a [...]
Norway to drop AstraZeneca jab from vaccination programme May 12, 2021 Norway will drop the AstraZeneca jab from its vaccine programme, after a government-appointed commission recommended it be excluded. Norway’s Prime Minister Enra Solberg today announced the country would no longer be using vaccine, and added that a decision on Johnson & Johnson jabs was yet to be made. The commission recommended both vaccines should [...]
Are we working more than ever? May 12, 2021 Furlough and working-from-home have dispersed workers into a diverse range of new working patterns. Social media is filled with anecdotes from workers who start their day late and finish early but still get more done by virtue of not having to commute to an office. There are those who have already returned to and embraced [...]
Boris bad credit score: PM rejects court ruling over £535 in unpaid debt May 12, 2021 Prime Minister Boris Johnson has rejected a court ruling that found he has an unpaid debt of £535. The court records listed Johnson at his official address, 10 Downing Street, according to Reuters today. Johnson’s office have said they will ask for the ruling to be removed from his record as it was “totally without merit”. [...]
