Extinction Rebellion co-founder arrested after attacks on Canary Wharf banks May 11, 2021 Extinction Rebellion co-founder Gail Bradbrook was arrested at her home this morning for conspiracy to cause criminal damage and fraud after her group attacked banks in Canary Wharf. Activists from Extinction Rebellion smashed the window frontage of HSBC and Barclays last month. They have also targeted Lloyd’s of London, where they dumped fake coal outside [...]
Natwest boss Alison Rose: I’m optimistic about this nation of SMEs May 11, 2021 The economic consequences of the pandemic have been severe, not least on the UK’s smallest businesses, but for Natwest boss Alison Rose it has shown just how resilient the country’s SMEs are. Rose, who was appointed chief executive towards the end of 2019, has spent the majority of her tenure tackling the impact of the [...]
Michel Barnier calls for halting of immigration to EU May 11, 2021 Michel Barnier calls for halting of immigration to EU
Myth-Busting: Money printing must create inflation May 11, 2021 London ranks ninth on the UBS Global Real Estate Bubble Index for residential properties. Like in many other countries, property prices in the United Kingdom reached an all-time high in 2020. A global pandemic with sudden mass unemployment should have forced UK citizens to sell their homes, but the furlough policies, stamp duty holidays, and record-low interest rates [...]
City Pub group hammered by 57 per cent plunge in revenue May 11, 2021 Hammered by restrictions, the City Pub group raked in £25.8 million in revenue last year, 57 per cent less than 2019 figures, despite buying a hefty stake in Kensington Park Hotel. The group, which has 45 pubs across London, Southern England and Wales, snapped up a 49 per cent stake in the hotel in the [...]
Collision of Covid-19 and Brexit fuels a £700bn blow to economic output May 11, 2021 The UK economy has been forecast to suffer an over £700bn blow to output due to the collision of Covid-19 and Brexit, the National Institute of Economic and Social Research warned today. The bruising figure was made worse by the government’s “poor Covid-19 response”, the think tank said, adding that it has left the UK [...]
Morrisons online sales continue to soar despite lockdown easing May 11, 2021 Morrisons said online sales have continued to soar this year despite the lifting of lockdown restrictions. In an update this morning the supermarket chain said online sales were up 113 per cent in the 14 weeks ended 9 May compared to the same period last year. Internet sales helped boost group like-for-like sales excluding fuel [...]
Half of British workers expect bosses to enforce mandatory jabs, survey shows May 11, 2021 Half of Britain’s workers expect their bosses to demand a vaccine passport before they can return to the workplace, according to a new study. The research, conducted by BrightHR, studied 5,000 British workers across various sectors. It found that just 17 per cent of employees have had a conversation about their companies’ policy on vaccines, [...]
Pret a Manger plots Tesco store launch in bid to shake off City image May 11, 2021 Pret a Manger is planning to open stores in Tesco supermarkets as it looks to shrug off its reputation as a hotspot for office workers. The trial partnership marks efforts by the coffee chain to broaden its appeal, with boss Pano Christou saying he wanted to “bring Pret to the people”. Its first concession will [...]
London’s bosses call on Khan and Shapps to fix ‘broken’ transport system May 11, 2021 The capital’s business leaders have called on Sadiq Khan and Grant Shapps today to fix London’s ‘broken’ transport system. The top signatories included bosses of Canary Wharf, Arcadis, the ExCeL and the New West End Company, who all signed off on the joint letter to the Mayor and Transport Secretary. The letter follows months of political [...]
