The Kingdom is secure: Two new ravens join Tower of London conspiracy May 4, 2021 Should the ravens leave the Tower, so the Kingdom will fall – that’s the legend, at any rate. But reassuringly it appears both the realm and indeed the City of London will endure at least a little longer with the arrival of two baby ravens at the Tower of London. Read more: The £18 million [...]
Ethereum extravaganza continues as Bitcoin falters May 4, 2021 Ethereum continues to dominate headlines, rising another three per cent over the past 24 hours as Bitcoin retreats to $56k.
Red faces full of port wine: how to drink England’s favourite wine May 4, 2021 What’s the first thing you think of when you read the word “port”? I suspect for many of you it will evoke a very distinct stereotype, and not all of that will be positive. Some of you, I’ll wager, thought “gout”. Most of the images that came to mind will have been of well-off, well-upholstered [...]
Mortgage lending rose to record £11.8bn in March after stamp duty extension May 4, 2021 UK mortgage lending saw the biggest net increase on record in March driven by extension of the stamp duty rax relief. Mortgage borrowing rose by a net £11.8bn in March, the strongest since the series began in April 1993, Bank of England figures show. The stamp duty holiday was originally due to end in March, [...]
Listed law firm Knights buys Yorkshire firm May 4, 2021 Knights has agreed to acquire Keebles, a century-old Sheffield-based law firm, for £11.54m. The acquisition will see 138 lawyers join Knights, and will provide the listed law firm with entry into Sheffield. Knights will buy Keebles from its ten existing equity partners for a total of £11.54m, subject to working capital adjustments at the [...]
Hong Kong working on ‘fake news’ laws to curb ‘misinformation’, Carrie Lam says May 4, 2021 Hong Kong’s leader Carrie Lam has confirmed today that her government is working on “fake news” legislation, to curb “misinformation, hatred and lies” in the city, as concerns grow over media freedoms. Since Beijing imposed the controversial national security law in 2002, Hong Kong has taken an authoritarian turn, which has forced new bouts of [...]
Saudi Aramco beats forecasts as profit jumps 30 per cent on higher oil prices May 4, 2021 State-run oil giant Saudi Aramco beat analysts’ forecasts today as first-quarter net profit rose 30 per cent amid the rise in oil prices. Crude prices have climbed about a third this year due to recovering fuel demand, helping a host of oil firms post improved results. “Given the positive signs for energy demand in 2021, there are [...]
‘I’ve come from the street’: Shaun Bailey makes his last push May 4, 2021 Shaun Bailey is in a buoyant mood when we meet at Westminster’s St John Smith’s Square. With his new campaign battle bus unveiled and ready to set out on a tour of London, the Conservative mayoral candidate happily splays out in the April sunshine as we sit down to chat. His ebullient demeanour is a [...]
S4 Capital hikes profit forecast after strong first quarter May 4, 2021 Sir Martin Sorrell’s S4 Capital today lifted its revenue and profit targets for the full year after posting another quarter of rapid growth. The digital advertising firm reported revenue of £122m in the first three months of the year, up 35 per cent on the same time last year. Gross profit grew by a third [...]
UK PMIs: Manufacturing growth hits 27-year high in April May 4, 2021 The UK’s manufacturing growth gathered pace in April as production increased for the 11th consecutive month. The IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index rose to 60.9 per cent last month, marking the highest reading since 1994. The reading also came in ahead of a flash estimate of 60.7. The growth was driven by a [...]