Airline passenger numbers plummet over Christmas period January 5, 2021 The number of passengers flown by Ryanair and Wizz Air fell over 80 per cent for the second consecutive month in December as a dire year for the industry came to and end. The Irish flier carried just 1.9m people last month, down 83 per cent from 11.2m the year before. For the year as [...]
Morrisons posts sales growth but warns of higher Covid-19 costs January 5, 2021 Morrisons has reported a rise in sales during the second half of the year, but warned that tougher new Covid-19 lockdown measures would increase its costs. The supermarket chain posted an 8.1 per cent rise in like-for-like sales excluding fuel in the 22 weeks to the 3 January. Including fuel, like-for-like sales rose 1.9 per [...]
Copper prices on brink of $8,000 on back of weaker dollar January 5, 2021 Copper prices neared the $8,000 mark this morning as the weak dollar made the red metal the pick of the commodities market for traders. As of 6am, three-month copper was trading up 0.9 per cent at $7,933.50 a tonne on the London Metal Exchange (LME). The commodity, a useful barometer for economic health, briefly touched [...]
England Covid lockdown: What does it mean for Londoners? January 4, 2021 Boris Johnson has tonight announced a new seven-week national lockdown to deal with surging Covid rates that are now higher than during the country’s first peak last March. The new measures will make little difference in London, which is already in Tier 4, however people in the capital will still have less freedoms from tomorrow. [...]
‘Stay home’: England in national Covid lockdown from tonight January 4, 2021 People living England have tonight been told to stay home for at least six weeks
Startup predictions for 2021: Why the climate will be key January 4, 2021 The overarching story of 2020 for startups was the pandemic and the battle to innovate and to survive. This year the rise of healthtech and fintech startups will inevitably continue after record levels of investment last year with IPOs on the horizon for many. But away from the pandemic another crisis will become just as, [...]
FTSE 100 off to strong start to 2021 but Wall Street slips from record highs January 4, 2021 The FTSE 100 got the year off to a strong start today, bursting through the 6,600 point mark this morning, before closing the day up 1.8 per cent. However, Wall Street slipped back from record highs as the world’s markets got 2021 off to a fast start. In the first session of the new year [...]
Sterling hit by fresh UK lockdown fears January 4, 2021 Sterling weakened against the dollar this afternoon as fears of even tighter lockdown restrictions outweighed optimism surrounding a Brexit deal. Sterling had rallied after the last minute Brexit deal brought an end to the uncertainty surrounding Britain’s exit from the EU. But with Brexit finally over traders have turned their attention to the coronavirus pandemic [...]
Tested by Covid and Brexit, how have the UK’s borders coped over the New Year? January 4, 2021 After a final frantic negotiating push, the UK and EU agreed a free trade deal in the run-up to Christmas, much to the relief of all concerned. However, despite the deal being done, many were convinced that the New Year would see chaos across the UK’s ports and airports as travellers, businessmen and hauliers all [...]
Ledger customers exposed as personal data is leaked January 4, 2021 The names, email addresses, home addresses and telephone numbers of 272,000 Ledger customers have been released online by hackers. In July 2020, cyber attackers gained access to the France-based crypto wallet company’s e-commerce database. It has recently been revealed that customers’ details were then dumped on Raidforum, a website for sharing information from hacked databases. [...]
