Those in debt to be given 60 days breathing space before enforcement action May 4, 2021 People in debt will be given 60 days to get their finances back on track without debts piling up, worrying letters or enforcement action, under a new government scheme. The scheme – called ‘Breathing Space’ – will give those in debt legal protections from their creditors for 60 days, with most interest and penalty charges [...]
City Recovery Taskforce: innovation and creativity must be at the heart of Square Mile’s restoration May 4, 2021 As history shows, the City of London is nothing if not adaptable and this remarkableability to reinvent itself in response to economic and social trends lies at the heartof its success. Throughout the centuries, the resilience of the Square Mile has meantthat, whatever adversity it is hit with – great fires, plagues or wars – it has alwaysmanaged to [...]
Sadiq Khan pledges to explore 2036 London Olympics bid if re-elected May 3, 2021 Sadiq Khan has pledged to launch an “exploratory committee” to look at a potential 2036 or 2040 London Olympics bid if re-elected as London mayor on Thursday. Khan said this evening that if London was chosen to hold either of the games that he would want them to be “the most sustainable Olympic and Paralympic Games [...]
Denmark ditches Johnson & Johnson vaccine amid fears of rare but serious blood clots May 3, 2021 Denmark has become the first country exclude Johnson & Johnson’s Covid-19 jabs from its vaccination programme over a potential link to a rare but serious form of blood clot. The move comes after the Nordic country last month stopped using AstraZeneca’s vaccine altogether citing similar concerns. The country’s health authority said in a statement it [...]
Ebay mulls letting users pay in Bitcoin May 3, 2021 Cryptocurrency is one of the new payment options EBay is exploring for customers, CEO Jamie Lannone has said. In an interview with CNBC, Lannone said the e-commerce firm is also exploring ways to get in to the business of non-fungible tokens (NFTs) – unique tokens stored on blockchain that have recently become popular among those [...]
Premier League introduces new Owners’ Charter in wake of European Super League saga May 3, 2021 The Premier League will require all clubs to sign up to a new Owners’ Charter, committing them to the principles of football. The Premier League has taken action to prevent a repeat of its clubs threatening to breakaway in response to the Super League fallout. Six top-flight teams, including Manchester United and Liverpool, announced late [...]
Johnson: ‘Good chance’ social distancing can be scrapped next month May 3, 2021 There is a “good chance” the “one-metre plus” social distancing rule can be scrapped next month, Prime Minister Boris Johnson told reporters today. Speaking during a campaign visit in Hartlepool Johnson said: “I think we’ve got a good chance, a good chance, of being able to dispense with one-metre plus.” The Times first reported the [...]
Facebook to announce this week if it will permanently dump Trump May 3, 2021 Facebook will shortly decide on whether to uphold Donald Trump’s indefinite suspension from Facebook and Instagram after he was banned from the platforms earlier this year. Facebook’s independent oversight board will make a decision on May 5 whether to uphold the ban on the former US president on a permanent basis. In the first move [...]
EU proposes letting in vaccinated Brits as MPs discourage foreign holidays May 3, 2021 The EU Commission has proposed member states ease current restrictions on non-essential travel into the EU, taking into account of a country’s vaccination and health progress. Under the proposals, members states would allow into the EU those who have received a coronavirus vaccine at least 14 days before the date of their arrival. Currently, just [...]
Klarna to buck pandemic trend and take on more UK office space May 3, 2021 Klarna plans to take on more office space as part of a push to double its British workforce and launch more banking products. The buy now pay later firm will take new headquarters in an 11,000 sq ft WeWork office in Holborn and expand its existing space in Manchester. The firm is also looking at [...]