Sadiq Khan warns of low turnout in Thursday’s London mayor election May 3, 2021 Sadiq Khan has today raised concerns about low turnout at Thursday’s London mayor election, with the incumbent warning supporters against complacency. Internal polling from Khan’s team shows a 9 per cent drop in the amount of Londoners that are certain to vote in the poll, which was delayed by a year by the Covid crisis. [...]
After Deliveroo’s car crash IPO, London needs a rebrand to fend off Europe’s financial centres May 3, 2021 Much like the carefully manufactured picture of a restaurant-quality dish displayed on the takeaway firm’s app, Deliveroo’s IPO promised so much, yet when it arrived, was a cold, undercooked imitation of the rich banquet investors had been promised. After a difficult period, one of London’s most high-profile IPOs in years turning into a car crash [...]
Exclusive: EU’s biggest hemp producer sees profits grow 616 per cent in 2020 May 3, 2021 HempFlax saw its profits before tax skyrocket 616 per cent in 2020 to €659,000, as demand grew for its construction materials and CBD. The EU’s biggest hemp grower, headquartered in Holland, saw full year revenues up 43 per cent to €14.5m in 2020, with EBITDA increasing 63 per cent to €1.8m. The numbers were in [...]
Ethereum punches through $3,000 with market cap bigger than Bank of America May 3, 2021 Ethereum climbs above $3,000 as its market cap now exceeds that of the Bank of America.
Unlimited attendance at funerals from 17 May under new easing of Covid rules May 3, 2021 People in England will be able to attend funerals in unlimited numbers from 17 May, under new plans that will see the 30-person limited scrapped earlier than anticipated. Under the government’s current roadmap out of lockdown, from 17 May up to 30 people will be able to attend funerals. However, under new, updated plans, any [...]
Shaun Bailey hits out at City of London’s ‘polite drug users’ May 3, 2021 Tory mayor of London candidate Shaun Bailey has hit out at the culture of “polite drug use” in the City, saying that white collar workers need to be a part of the solution to tackling cocaine-fuelled drug violence. Bailey told City A.M. in a wide-ranging interview, to be released later today, that “casual drug use [...]
UK to send 1,000 more ventilators to Indian hospitals to fight Covid surge May 2, 2021 The UK government will send 1,000 ventilators to India to help the country fight its current Covid-19 surge, which has seen case numbers reach more than 400,000 a day. England chief medical officer Chris Whitty and chief scientific advisor Sir Patrick Vallance have also given “help and advice” in recent days to their Indian counterparts, [...]
The value of vowels: Can Abrdn keep its legacy with its rebrand? May 2, 2021 With corporate and financial institutions, it is vital that all aspects of a brands’ communication evoke trust in that organisation, claim mind and market share, and lend gravitas and confidence to its product. The recent announcement that Standard Life Aberdeen is changing its name to Abrdn is a lesson for us all. Any serious, corporate [...]
Labour begins to close gap on the Tories as key elections draw near May 2, 2021 Labour has slashed the Conservatives’ lead in several new polls today, with a slew of key elections just days away. Labour’s clawback of the Tory lead comes after Boris Johnson has been hit by a week of cronyism and sleaze allegations. A Focaldata/The Times poll has the Tories on 40 per cent to Labour on [...]
Chinese investment in UK assets estimated to be £135bn May 2, 2021 Chinese investment in UK assets like businesses, infrastructure and property has reached an estimated £135bn – almost double what was previously thought. About £44bn of this investment has come from state-owned firms, with many of the purchases happening over the past two years. An investigation from the Sunday Times found that Chinese and Hong Kong [...]
