Suits you, sir: can bespoke tailoring survive the pandemic? April 20, 2021 One of the dominant themes to emerge as we fight our way out of the Covid pandemic is what the future of the workplace might look like. Will employees still feel safe congregating together to share that quicksilver creative spark? Will businesses reduce their footprint and have teams at home two or three days a [...]
UK scraps post-Brexit Kent permit for lorries April 20, 2021 The UK has decided to scrap the post-Brexit Kent Access Permit required for lorry drivers to enter the county on their way to the EU. The government has said the permit is no longer necessary as lorry companies are now used to new customs rules and are coming prepared with the right paperwork for border [...]
Netflix lookahead: What to expect from the streaming giant’s earnings April 20, 2021 Netflix is leading the charge in a busy schedule of US earnings today, reporting first-quarter figures after the bell. The Silicon Valley streaming giant, which now has more than 200m subscribers, has cashed in on higher demand for at-home entertainment during the pandemic. With most lockdown measures still in place in the first three months [...]
UK court clears William Hill’s £2.9bn Caesars takeover April 20, 2021 William Hill today said its £2.9bn takeover by US casino group Caesars Entertainment had been cleared by a UK court despite shareholder protests. The bumper merger had been held up by a court hearing after minority shareholder HBK Capital Management raised concerns about disclosures relating to the deal. HBK and fellow US hedge fund GWM [...]
No, minister, really: the David Cameron lobbying scandal and the death of advice in Whitehall April 20, 2021 The revelations of potentially undue influence on ministers over the past couple of weeks have been a happy hunting ground for purveyors of hyperbole and clutchers of pearls. A story which began with David Cameron texting the chancellor, Rishi Sunak, on behalf of a company which employed him has blossomed ferociously into a soup-to-nuts scandal [...]
Dogecoin might have started as a joke, but is anyone still laughing? April 20, 2021 Yesterday’s recovery after the weekend’s flash crash was short lived and hopes of an immediate return to sustained upward momentum faded fast, but Bitcoin is still changing hands at around $55,000.
Russia anxiously awaits Navalny’s fate as life hangs in the balance April 20, 2021 Tension is building in Russia after jailed Kremlin critic Alexei Navalny was transferred to a prison hospital amid concerns that he is dangerously ill following a three-week hunger strike. Navalny’s transfer came after his doctors warned at the weekend that he was in danger of a heart attack or kidney failure. The Russian opposition leader’s [...]
Prince William and Harry begin to rebuild bridges, an insider says April 20, 2021 Following last month’s televised interview between Harry, Meghan and Oprah Winfrey, it has been reported that William and Harry have begun rebuilding bridges. The controversial interview, mirroring that of their mother Diana’s BBC Panorama interview in 1995, caused rifts between royal followers and family members alike. However, with Harry back in the UK for [...]
Four keys to better decision making – Daniel Kahneman April 20, 2021 CFA Institute has transformed its annual conference for 2021, with a binge-worthy digital format and an exciting slate of speakers. Join us for the Alpha Summit on 18 May 2021. Daniel Kahneman delivered a captivating mini seminar on some of the key ideas that have driven his scholarship, exploring intuition, expertise, bias, noise, how optimism and overconfidence influence [...]
BA looks set to recover from pandemic, so why are its 40-something pilots giving up their gold-plated pensions? April 20, 2021 In turbulent times, when the future of a company is being called into question, it is not uncommon for staff to transfer out of their employer’s defined benefit (DB) pension scheme, if they have one. Although seen as “gold-plated”, some DB scheme members worry about their scheme falling to the pension lifeboat fund, and that [...]