ITV hoping to replicate CBS’s ratings success with Harry and Meghan interview March 8, 2021 ITV hoping to replicate CBS’s ratings success with Harry and Meghan interview
Greensill files for administration putting thousands of steel jobs at risk March 8, 2021 Greensill Capital has this afternoon filed for administration, potentially putting at risk thousands of jobs in the UK steel industry. Lawyers for the boutique bank, which is one of the main sources of funding for steel magnate Sanjeev Gupta’s business empire, appeared before a UK court today, the FT reported. According to court documents, Greensill [...]
BP to keep partial work-from-home policy as oil major seeks to cut office costs March 8, 2021 BP plans to extend remote working as a further cost saving measure affecting 25,000 staff
UK’s finance hubs can work together to power a levelling-up agenda March 8, 2021 The Government last week renewed its commitment to creating a level playing field for the UK’s nations and regions in the Budget. It also announced support for a new independent review by Lord Hill, recommending reforms to UK listing rules to boost growth and our capital markets. The two should not be viewed separately but [...]
Britons will not splurge Covid-19 savings on post-lockdown spending spree, says OBR March 8, 2021 Britons will not embark on a post-lockdown spending spree with funds saved during the Covid crisis, according to a senior member of the UK’s budgetary watchdog. The Office for Budget Responsibility’s (OBR) committee member Sir Charlie Bean told MPs today that of the £180bn in excess savings Britons have accumulated during Covid-19, only “a relatively [...]
What’s behind the recent surge in oil prices? March 8, 2021 Global oil prices briefly rose above $70 today, their highest levels since January 2020, as the recent market rally continued apace. Although cooling later in the day, the spike saw prices hit peaks not seen since the US assassinated Iranian general Qassim Soleimani at the beginning of last year. And once again, it was security [...]
More UK funds run by men called Dave than women March 8, 2021 There are more funds run by men called Dave than there are female managers in the industry, according to Morningstar analysis. There are 68 UK funds run by men called Dave or David and just 45 women, equivalent to just 7.7 per cent of UK-domiciled funds in Morningstar’s sample. Additionally of the £475m in managed [...]
GameStop shares jump 30 per cent following e-commerce commitment March 8, 2021 Shares in GameStop jumped 30 per cent today to nearly $180 per share, after the American video game retailer formed a committee to transform it into an e-commerce business. Gamestop’s share price hit its highest since January today, on the news that it chose shareholder Ryan Cohen as the head of a new committee to [...]
Boris Johnson rules out bringing forward reopening timetable March 8, 2021 Boris Johnson has stressed the need for caution and has ruled out bringing the unlocking timetable forward despite the better-than-expected vaccine rollout. In a Downing Street conference the Prime Minister stressed the need for a “cautious and irreversible approach”. “People would rather trade some urgency and haste in favour of certainty and security about the [...]
Oil price through the roof following Saudi drone attack March 8, 2021 Oil price have eased back off their mornign high of over $70 a barrel, which followed a drone attack on Saudi Arabian oil facilities over the weekend. Saudi officials said on state television that the ttack hit one of the oil storage yards at the Ras Tanura port in the east of the country, with [...]
