135 City firms switch to Dublin for post-Brexit business April 16, 2021 Dublin has been crowned the most desirable place for City jobs, as 135 firms have relocated business to the Irish capital due to Brexit, new research has revealed. Think tank New Financial has found firms to favour Dublin over its city-competitors Paris, Luxembourg, Frankfurt and Amsterdam. As firms moved to the Irish capital as a result [...]
Ørsted enters European onshore market with purchase of €570m Brookfield April 16, 2021 Danish energy giant Ørsted has today made its first foray into the European onshore wind market with the acquisition of Brookfield Renewable Ireland (BRI). The Irish firm, which has a portfolio of 389 megawatts of capacity either fully developed or under construction, is valued at €571m (£497.5m). It also has a further 1 gigawatt of [...]
Ocado invests £10m in self-driving vehicle company Oxbotica April 16, 2021 British online grocer Ocado said on Friday it would invest £10m in autonomous vehicle software company Oxbotica in a bid to reduce delivery costs. The partnership will include all aspects of self-driving vehicle development, with the aim of boosting retailers’ customer value proposition through a shift to electrically powered cars. However, vehicles that operated in [...]
US slaps sanctions on Russia for election interference and cyber hacks April 16, 2021 The US last night slapped sanctions on Russia in response to “harmful foreign activities” including interference in 2020’s Presidential election. The White House has targeted the economic punishments against a combination of officials and companies over accusations of cyber attacks and other destabilising activities. President Joe Biden said that the US had stopped short of [...]
Hancock and sister received shares in firm that won lucrative NHS contract April 16, 2021 A company which Health Secretary Matt Hancock and his sister have shares in has won contracts from the NHS, it has emerged. NHS Wales gave the firm, which specialises in storage, shredding and scanning of documents, £300,000 of business this year. The ministerial codes states that ministers must declare interests of close family if they [...]
China records best ever GDP growth in post-Covid bounce-back April 16, 2021 China’s economy grew by the fastest rate in its history as the country left last year’s lockdowns far behind. The world’s second biggest economy saw GDP grew 18.3 per cent in the first quarter of 2021, compared to the same period the year before. It is the fastest rate of growth since China began tracking [...]
UK job adverts soar in April as business confidence booms April 16, 2021 The number of new job postings is soaring as the UK tiptoes its way out of the pandemic, according to new data from the Recruitment & Employment Confederation. During the week of 5-11 April, a further 140,000 new job openings were recorded, giving a total of 1.37 million active adverts in the UK. This is [...]
Banks flee the City post-Brexit taking more than £900bn in assets with them April 16, 2021 If you thought the Brexit saga was over, think again. New research reveals UK firms are looking to the continent for business and relocations are set to continue. Figures compiled by think tank New Financial make for sobering reading and reveal the extent of just how much Brexit will face the change of the City. [...]
Data protection: Privacy crackdowns could hand tech giants even greater dominance if we don’t tread carefully April 16, 2021 As consumers of online content, we have all grown used to the knowledge that the internet offers an inexhaustible wealth of information from countless sources, ranging from critically acclaimed journalism to user-generated content. Much of it is completely free and accessible to everyone with an internet connection. The principles of an open and free internet [...]
Love and Monsters film review – a charming apocalypse comedy April 15, 2021 On the surface, a mid-budget comedy about the end of the world might not be the sort of story we want to hear right now. However, new release Love and Monsters might turn out to be one of Netflix’s wisest choices, with the streamer having picked up the film for distribution outside of the US. [...]
