Google accounts back up again after global outage December 14, 2020 Google’s UK accounts appear to be up and running again after multiple services including Gmail and Youtube all experienced outages. There was a huge downtime spike for Google’s services at around 11.30am GMT according to outage site Down Detector. Google’s Play Store, Drive and Calendar were also all reportedly down. Problems have mainly been reported [...]
Government enters funding talks with EDF over Sizewell C nuclear plant December 14, 2020 The government has today confirmed that it has entered talks with EDF over funding options for the Sizewell C nuclear power station in Suffolk. The announcement, which came as ministers unveiled the long-awaited energy white paper, could see the government take a financial stake in the project. It comes after months of uncertainty regarding the [...]
Britain has ‘most to lose from Brexit’, says French finance minister December 14, 2020 The French finance minister Bruno Le Maire has said that he believes the UK has more to lose from Brexit than the EU. “The British people will be the biggest losers from Brexit … Brexit, to use an expression of the late John Le Carre is a political, economic and historical folly,” Le Maire told France info radio. Le [...]
Liz Truss officially signs UK-Switzerland services deal December 14, 2020 International trade secretary Liz Truss has today signed a rollover services agreement with the Swiss government that will ensure UK companies and professionals can work in Switzerland for up to 90 days a year. The deal, closed two weeks ago, will benefit industries such as financial services, legal services, consultancy, the tech sector and the creative [...]
Rebuttal December 14, 2020 XRP receives a spark Bitcoin recovered strongly over the weekend and traded through the $19,000 level, before finding resistance just ahead of the $19,500 level. In part supported by macro narrative and also rotation out of XRP. To that, XRP traded softer over the weekend, largely as expected, as the Flare Network worked out which [...]
Treasury urged to focus on job creation amid UK ‘unemployment crisis’ December 14, 2020 The government has been urged to take a more active approach to job creation and keep public spending high to avoid “sleepwalking into an unemployment crisis” next year. The House of Lords Economic Affairs Committee said the Treasury should move away from wage subsidies and instead fund jobs in places they are needed such as [...]
Brexit will not affect UK vaccine supplies, says business secretary December 14, 2020 UK Business Secretary said that a no-deal Brexit will not affect supplies of the Pfizer/BioNtech Covid-19 vaccine.
Capita sells edtech business to Montagu for £400m December 14, 2020 Capita today announced that it has sold its Education Software Solutions (ESS) business to private equity firm Montagu for £400m. The announcement comes a few weeks after the FTSE 250 firm confirmed that it was in exclusive talks with the financiers. Shares in Capita rose 3.5 per cent on the back of today’s announcement, which [...]
Pound jumps more than one per cent after Brexit talks extended December 14, 2020 Investors have driven the pound up more than one per cent against the dollar and euro amid optimism about the extension of Brexit talks. Yesterday, UK Prime Minister Boris Johnson and EU Commission president Ursula von der Leyen agreed to “go the extra mile” and extend the deadline for trade talks. Von der Leyen said [...]
How much should I be saving for retirement? December 14, 2020 Investors globally are saving actively toward their retirement, but how much is enough? It is a question that has confounded people for generations: how much is enough when it comes to saving for retirement? The unfortunate truth is that no one can know for sure. Our desires and needs in retirement change – as do [...]