PM must pull G7 back from the dusty halls of diplomatic irrelevancy to tackle Covid, China & climate change February 24, 2021 Last Friday, Prime Minister Boris Johnson hosted the first leadership meeting of the UK’s 2021 presidency of the G7. While the western club may appear ill-suited to tackling the global crisis from the pandemic, it has always been at its best reacting to the big issues of the moment. Indeed, the very fact that it [...]
Skoda Octavia vRS review: Czech mate for the Golf GTI February 24, 2021 The Skoda Octavia vRS is a more practical alternative to a Volkswagen Golf GTI. We find out what the new, fourth-generation car has to offer.
The highs and lows of Antonio Horta-Osorio’s decade at Lloyds February 24, 2021 The return to dividend payouts announced today is a strong legacy for the outgoing Lloyds boss, who oversaw the successful turnaround of a bank left reeling from the financial crisis. Antonio Horta-Osorio will step down at the end of April, with finance chief William Chalmers set to take over temporarily before HSBC banker Charlie Nunn [...]
FCA told to stop cum-ex probe after judge questions regulator’s priorities February 24, 2021 An investigation into a trader involved in cum-ex transactions has been stopped, after a judge questioned the FCA’s apparent lack of commitment to probing the European tax scandal. City watchdog the Financial Conduct Authority (FCA) was ordered to pause its probe until 2022, after a separate court decides on a case brought by Danish tax [...]
Keir Starmer pushes Boris Johnson to rule out corporation tax rise February 24, 2021 Sir Keir Starmer has called for Boris Johnson to rule out a rise in corporation tax in next week’s Budget amid rumours Rishi Sunak could increase the rate to 25 per cent. Starmer said that “now is not the time for tax rises on families and businesses” at Prime Minister’s Questions (PMQs) today. The Times [...]
FTSE 100 creeps up as surging pound dents exporters February 24, 2021 The FTSE 100 crept back into the black today as the index’s exporters were hit by the pound rising to its highest levels since 2018. Having opened down 0.6 per cent at 6,599 points, London’s premier index was up 0.3 per cent at 6,643 points just after midday. The slight rise came as sterling neared [...]
City Corporation approves third tower in a month as developers back Square Mile’s future February 24, 2021 The City of London Corporation has today (24 February) approved a new 38-storey development at 2 Finsbury Avenue, making it the third tall building to receive planning permission in the Square Mile in 2021. The newly approved office-led development, by British Land and GIC, aims to become an innovative, inclusive and sustainable place to work, [...]
Third City of London skyscraper development gets planning green light February 24, 2021 Another skyscraper development has been given the go-ahead in the City of London, making it the third tall building scheme to get the green light this year. The City Corporation today granted developers British Land and GIC planning permission to build the 38-storey office block at 2 Finsbury Avenue. This year, 33-storey and 55-storey skyscraper [...]
Shakespeare: M&S’ Veganuary campaign pays dividends February 24, 2021 Supermarkets and food chains went all out for this year’s Veganuary challenge, which encourages participants to ditch meat and dairy for 31 days. Many launched new products, meal plans and websites with information on plant-based diets. More Britons are trying a vegan diet in January, with non-profit organisation Veganuary seeing a record 500,000 sign-ups to [...]
How stablecoins provide a blueprint for tomorrow’s money February 24, 2021 Tether CTO Paol Ardoino explains how stablecoins could provide a blueprint for the future of the world finance.