Passenger shortage set to hammer Network Rail finances April 25, 2021 The UK’s railways are facing a drop in usage that could see up to 2m passengers fewer use trains every day as working patterns shift due to Covid-19. According to a worst-case estimate prepared for rail authorities, passenger numbers may be no higher than 60 per cent of pre-Covid levels for the next four years. [...]
Boris Johnson leadership campaign aide was lobbyist for Sanjeev Gupta April 25, 2021 One of Boris Johnson’s aides for his leadership campaign was a lobbyist for Liberty Steel owner Sanjeev Gupta – one of the key figures in the Greensill Capital collapse. Gupta has been asking for a government bailout to save Liberty Steel, after its main financial backer – Greensill Capital – went bust last month. Malin [...]
UK set for ‘very rapid growth’ over next quarters, says BoE’s Broadbent April 25, 2021 Bank of England deputy governor Ben Broadbent said that the UK would see “very rapid growth” over the next couple of quarters as people rush to spend after lockdown. In an interview with the Telegraph, he said that the economy would see a boost simply from people saving less after the pandemic, let alone spending [...]
Remote living has eroded our empathy and executives must find a way to understand their staff April 25, 2021 It is difficult to count what we have lost during the pandemic. We’ve lost jobs, loved ones, incomes and our social lives. Living and working remotely has also meant we are losing our empathy for colleagues. This is especially true of business leaders and executives who need to be able to understand the problems their [...]
Bitcoin loses its grip on $50,000 as weekend trading slumps April 25, 2021 Bitcoin took another dip below $50,000 today as weekend trading struggled to get going across the board.
Neil Woodford registers new firm in Cayman Islands – report April 25, 2021 Disgraced stockpicker Neil Woodford has registered a new firm in the Cayman Islands as his bid to relaunch his career goes on. According to CityWire, new firm WCM Partners, which Woodford announced two months ago, has been registered in the tax haven. The move comes two months on from the start of the former star [...]
Future of Vauxhall factory up in the air over ‘£40m funding gap’ April 25, 2021 A funding gap of just £40m risks scuppering attempts to ensure Stellantis’ Vauxhall factory at Ellesmere Port in Cheshire remains open. The car giant has been mulling whether to reinvest in the plant, where it makes the Astra vehicle, due to the government’s decision to ban the sale of new petrol and diesel cars from [...]
Regulators mull restricting Astrazeneca jab for under-40s over blood clot fears April 24, 2021 UK scientists are reportedly considering whether under-40s should be advised to have an alternative vaccine to the Astrazeneca jab due to blood clot fears. Earlier this month it was recommended that under-30s should be offered a different jab as the risk of developing a blood clot outweighed the benefits of receiving the vaccine. The risk [...]
Labour calls for independent commission on standards after Cummings slams PM’s integrity April 24, 2021 The Labour Party has called for an independent commission on ethics and standards in government after Dominic Cummings, the Prime Minister’s former top adviser, criticised Boris Johnson’s integrity. On Friday Dominic Cummings, who left Johnson’s staff suddenly late last year having previously been his most influential adviser over Brexit and the 2019 election campaign, denied [...]
Could the UK be headed for a post-pandemic baby boom? April 24, 2021 Normally, social and financial instability can send birth numbers plummeting. But the UK could in fact be heading for another baby boom – even after a year of lockdowns. This could help spur on Britain’s recovery from the pandemic and drive a fresh period of economic prosperity. In May last year there was a dip [...]
