UK to send two Royal Navy boats to protect Jersey after France threatens blockade May 5, 2021 The UK will send in the Royal Navy to protect Jersey after France threatened to cut power to the island if the country’s fishermen are not granted full post-Brexit access to UK waters. Downing Street said the Prime Minister spoke to Chief Minister of Jersey Senator John Le Fondre about the prospect of a blockade. [...]
Raab says G7 countries will together take ‘calibrated’ approach on China May 5, 2021 G7 countries are looking for a “constructive, calibrated approach” to China, foreign secretary Dominic Raab said today, following a meeting in London. Foreign ministers from the G7 group – the UK, Canada, France, Germany, Italy, Japan and the United States – met today ahead of the official summit that is taking place in Cornwall next [...]
Brexit: UK grants EU ambassador full diplomatic status in end to row May 5, 2021 The UK has today agreed to grant the EU’s post-Brexit ambassador to Britain full diplomatic status in a move that ends a long-running row. In a joint statement, the UK and EU said ambassador João Vale de Almeida would receive “a status consistent with heads of missions of states”. This means he will be given [...]
FTSE 100 ends the day on a high while Dow hits new record May 5, 2021 Heavyweight mining stocks pushed the FTSE 100 higher today while Wall Street opened higher on strong jobs data as the Dow Jones hit a record high. The blue-chip index closed 1.68 per cent higher, buoyed by chemicals group Croda’s shares soaring towards the top of the index after it announced a business review assessment. The [...]
KPMG staff to leave early in the summer as firm embraces hybrid working May 5, 2021 Staff at KPMG will be able to leave early one day a week during the summertime, as the Big Four firm moves to hybrid working post-pandemic. The Big Four firm has finalised its plans for flexible working in a post-pandemic world. KPMG staff will spend on average just two days a week in the office [...]
Britain is sitting on a mountain of debt – but there is a way to climb down May 5, 2021 The UK’s public finances – a source of perennial debate amongst politicians, think tanks, economists and investors – are in focus like never before. Covid-19 has ushered in a period of unprecedented public spending, funded in the main by large amounts of debt. Government borrowing – money it needs to borrow to pay for spending [...]
5 incredible companies that are hiring in London right now May 5, 2021 Summer is here (finally!), and it’s a great time to make some changes. For many people, that might mean a wardrobe cleanout or a new workout routine, for others, it might mean a new job. Today, let’s deal with the job thing. It can be a bit daunting to start a job hunt, especially during [...]
The United Way is a timely doc on the Manchester football giant May 5, 2021 Depending on your view, this is the best or worst time to release a documentary about Manchester United. It arrives days after fans invaded the Old Trafford pitch, demanding the removal of current owners The Glazer Family as the fallout from the European Super League fiasco continues. With the club in turmoil, it may not [...]
Archegos set for insolvency as it braces for legal claims from banks May 5, 2021 Archegos is reportedly planning to file for insolvency as banks seek to recoup their losses after the firm failed to meet margin calls. The collapse of the family office, run by former Tiger Asia manager Bill Hwang, in March saw its brokers take a $10bn hit. Nomura posted its biggest quarterly loss in over a [...]
Exclusive: Chartered IIA calls on government to extend mandatory climate reporting to smaller businesses May 5, 2021 The Chartered IIA is calling on the government to further its demands on climate reporting, including widening out mandatory climate reporting to include small and medium-sized organisations. In March the Department for Business, Energy and Industrial Strategy (BEIS) launched a consultation to require mandatory climate disclosures from large companies. Companies that would be affected by [...]
