Small businesses must be equipped with cyber security training or we could lose post-Covid innovation March 9, 2021 The pandemic has changed many things about the way our economy operates. While some of these changes may be passing, others will no doubt stick. A successful recovery will take the best of both, recognising the way the economy is, and the way we want it to be – not how it was. One positive [...]
Vodafone aims to raise €2.8bn in masts stock market float March 9, 2021 Vodafone today said it is aiming to raise €2.8bn (£2.4bn) from an initial public offering of its mobile masts business later this month. The mobile network is set to float Vantage Towers in Frankfurt on or around 18 March as it looks to cash in on its lucrative infrastructure assets. It priced the listing at [...]
Bitcoin mounts fresh assault on $55k – but is $60,000 now in its sights? March 9, 2021 Bitcoin has steadily stepped its way out of what was looking like a long check-in below $50,000 to climb back into touching distance of the $55,000 mark.
Standard Life Aberdeen remains optimistic despite 2020 profit slump March 9, 2021 Standard Life Aberdeen suffered a drop in profits in 2020, the fund manager announced today. Operating profit fell 27 per cent to £219m last year, while adjusted pre-tax profit dropped 16 per cent to £487m. The firm finished the year with a strong surplus capital position of £2.3bn, compared to £1.7bn in 2019, benefitting from [...]
Domino’s to open 200 new stores as pizza chain launches fight back against competitors March 9, 2021 Domino’s is planning to open 200 new stores in a bid to increase sales to £1.9bn, the pizza chain announced this morning. The firm, which reported that sales increased 11.4 per cent to £1.35bn last year, today launched a new strategic plan to beat competitors that have invested in online delivery capability during the pandemic. [...]
Zoom founder Eric Yuan cashes in $6bn of shares March 9, 2021 Zoom boss Eric Yuan has transferred about 18m of his shares worth roughly $6bn (£4.4bn), according to a regulatory filing. Yuan, who set up the video conferencing app in 2011, transferred roughly 40 per cent of his stake in the company to unspecified beneficiaries. The transfers were done in two tranches of about 9m shares [...]
London house prices to boom over next five years, Savills predicts March 9, 2021 London house prices are set to boom over the next five years, estate agent Savills said as it upped its UK property market forecasts for 2021. House prices in London’s mainstream market are expected to rise 12.6 per cent in the five years ended 2025, the real estate firm said. Meanwhile prime central London house [...]
As China signs the final death warrant for Hong Kong’s democracy, there must global condemnation March 9, 2021 This week, China sounded the final death knell for Hong Kong’s democratic aspirations. New proposals which significantly reduce the number of democratically elected seats, to be signed-off later in the week by China’s rubber-stamp parliament, mark the onset of full-blown totalitarianism. Commenting on the proposed reforms, Chris Patten, the last British governor of Hong Kong, [...]
UK retail sales return to growth after lockdown exit roadmap announced March 9, 2021 UK retail sales returned to growth in February after the government revealed plans to ease the coronavirus lockdown measures. The Prime Minister set out the roadmap to exit lockdown on 22 February – with some plans reported in the preceding days – prompting shoppers to buy non-food items such as school uniforms and going out [...]
Gamestop phenomenon pushes millennials towards DIY investing March 9, 2021 From bitcoin to the growing interest in day trading and the most recent Gamestop debacle a new generation of younger investors has emerged from the pandemic. There has been a general increased interest in personal finance and savings in large part because younger generations have had the opportunity to save during lockdown. Just under half [...]
