FTSE 100 Live: City stocks rally after tech sell-off; Iran threatens ‘forceful response’ over Strait of Hormuz
Legal & General: Jobs and affordable housing must be ‘centrepiece’ of levelling up agenda April 19, 2021 The provision of jobs and good quality affordable housing will define the UK’s Covid recovery, according to a new report. The Legal & General Rebuilding Britain Index (RBI), launched today, shows that measures to support the UK’s recovery cannot be unform, with different regions and communities needing to level-up in different ways. According to the [...]
UK leads race across Europe to introduce interbank digital currency April 19, 2021 The UK is ahead of the curve when it comes to digital currency adoption, according to new research, and could A report by PwC reveals the UK is fifth in the world when it comes to preparing for the adoption of a central digital currency although a consumer offer remains a while off yet. Like [...]
UK tech optimism hits seven-year high on recovery hopes April 19, 2021 UK tech companies are now more optimistic about their short-term growth prospects than at any time over the last seven years, according to new figures published today. Firms in the burgeoning British tech sector reported strong confidence that business activity will bounce back strongly after the latest national lockdown and as Brexit-related uncertainty among clients [...]
New Maserati Levante Hybrid: electrified SUV revealed in full April 19, 2021 The Maserati Levante Hybrid replaces the diesel. It promises extra muscle and improved efficiency, plus the marque’s signature exhaust sound.
Podcast: The City View, with Michael Dugher April 19, 2021 This week Andy Silvester is joined by Michael Dugher, the Chief Executive of the Betting and Gaming Council. A sector always in the spotlight, the £7bn+ industry is going through a Government review which will shape the future of gambling.
Cyber firm Darktrace confirms plans for London float in early May April 19, 2021 UK cybersecurity company Darktrace today confirmed it will float on the London Stock Exchange in the coming weeks as it looks to build on a successful pandemic year. The firm’s offer price will be determined following a book-building process, with the listing expected to take place early next month. The company is understood to be [...]
Russia expels 20 Czech diplomats over explosion allegations April 19, 2021 Moscow expelled 20 Czech diplomats on Sunday amid allegations that two Russian spies were behind an explosion that killed two people at a Czech ammunition depot. The same two spies are also accused of a nerve agent poisoning in Britain in 2018. Prague had ordered out 18 Russian diplomats on Saturday, prompting the country to [...]
Leading investors call on banks to set tougher net zero targets April 19, 2021 A group of investors managing $11 trillion in assets is calling on banks to set radically enhanced emissions targets ahead of a key meeting aimed at tackling climate change. The group, which includes Aviva Investors and Legal & General Investment Management, said banks have a “critical role” in aligning the economy with net zero targets. [...]
Melrose Industries to sell Nortek air conditioning unit for £2.62bn April 19, 2021 Melrose Industries said on Monday it has agreed to sell its Nortek Air Management business for £2.62bn and will distribute a portion of the funds to shareholders. The British engineering firm said it plans to use part of the proceeds, which will come from Chicago-based buyer Madison Industries, to cut debt. It added that the [...]
Priti Patel warns Facebook’s encryption plans could harm child safety April 19, 2021 Facebook’s plans to roll out end-to-end encryption across its messaging platforms could mark a setback for efforts to protect children from online abuse, the home secretary is set to warn. The social media giant has unveiled plans to extend encryption — which means only the sender and recipient can view messages —— to Messenger and [...]
