Facebook and Google duopoly is ‘too powerful’ says CMA boss February 23, 2021 Facebook and Google’s duopoly is too powerful, and the pair have too great a share of the UK online advertising space, CMA boss Andrea Coscelli has said. Speaking to the BBC, Coscelli said he would like to see regulatory changes to deal with their market dominance, but stopped short of saying the giants should be [...]
Shaun Bailey: Mayor’s £70m Good Growth Fund created only 109 jobs since 2017 February 23, 2021 Mayor Sadiq Khan faces criticism from Shaun Bailey over Good Growth Fund which has only produced 109 jobs
PwC US to head to trial over whether it rightly fired a whistleblower February 23, 2021 PwC in the US will go to trial next Monday, in which it will have to defend its audits of two tech companies and that it rightly fired a whistleblower. Former PwC senior manager Mauro Botta has accused audit giant of firing him because he submitted complaints to the Securities and Exchange Commission (SEC) and [...]
Skills for jabs: Philippines offers Britain nurses in exchange for vaccines February 23, 2021 The Philippines has said it will let thousands of its healthcare workers, mostly nurses, take up jobs in Britain and Germany, if the two countries agree to donate coronavirus vaccines. The department for health said it was not interested in such a deal and its priority was to use vaccines domestically, but said it would [...]
Dutch customs seize largest-ever heroin haul hidden in Himalayan salt containers February 23, 2021 Dutch customs seized over 1,500kg of heroin in Rotterdam this afternoon after officials discovered narcotics hidden in containers filled with Himalayan salt. The drugs had a street value of around €45m. The prosecutor’s office in Rotterdam said today investigators had worked closely with the UK’s National Crime Agency on this case. Based on information shared [...]
NatWest issues €1bn affordable housing bond in ESG push February 23, 2021 NatWest Group is issuing a €1bn affordable housing bond, the first of any kind issued by a UK bank. The proceeds of the bond will be allocated to non-profit housing associations which provide access to affordable housing. The selected associations provide affordable rent, supported housing and shared property schemes. They own around 150,000 units of [...]
Plant-based milk company Oatly files for US IPO February 23, 2021 Plant-based milk company Oatly, which is backed by Oprah Winfrey, today said it had confidentially filed for an initial public offering (IPO). The IPO marks a profitable era for plant-based alternatives, which flies in the face of the EU’s ban on using marketing terms such as ‘oat milk’ or ‘vegan cheese’ last year. A source [...]
Regulator gives green light on Big Four plans for audit separation February 23, 2021 The Financial Reporting Council (FRC) has given the go ahead for the Big Four firms to press on with the next stage of separating their audit divisions from the rest of the business. The Big Four – Deloitte, EY, KPMG and PwC – were asked by the regulator to submit their plans for operational separation [...]
Hong Kong Racing Tips: Luck on Fownes’ side again at Happy Valley February 23, 2021 HAVING been surpassed by John Size in the trainers’ championship race at Sha Tin on Sunday, expect Caspar Fownes to come back with all guns blazing in his attempt to wrest back the lead at Happy Valley on Wednesday. Fownes, with over 500 career winners at the city-track, saddles eight runners, including some of the [...]
Hong Kong Racing Tips: Carry The Diamond can find that Winning Feeling again February 23, 2021 CASPAR Fownes and Joao Moreira are going to be all the rage when they team up with last-start winner Daily Beauty in the six-furlong Wang Tak Handicap (1.50pm). From an inside draw his chance is obvious, but with a seven-pound penalty, he is now racing off a career high mark and may not offer any [...]
