From stamp duty to the triple lock, Andy Haldane says bold Burnham leadership can usher ‘vibe change’ for UK economy
$220m reasons to keep your password safe January 13, 2021 Crypto at a Glance If you’re having a bad start to the day, spare a thought for San Francisco-based computer programmer, Stefan Thomas. Stefan made headlines around the world yesterday with his tale of forgotten password woe. He now has just two chances left to remember the password to a hard drive containing the private [...]
Hostelworld in talks with lenders over €30m facility after lockdown restrictions hit bookings January 13, 2021 Hostelworld is in talks with lenders over a new €30m (£26.7m) debt facility after taking “minimal” bookings in the final few months of last year. The budget accommodation platform said global travel demand remained muted in the fourth quarter of 2020, and trading continued to deteriorate from August until the end of the year due [...]
2021 travel trends, from the ‘workation’ to the ‘try-again trip’ January 13, 2021 In 2021, “Vaccine VIPs” – a name coined by my travel trend forecasting agency Globetrender – will be the most privileged people in society. Immunity passports, while dystopian, will become a reality in some form or another (CommonPass and IATA are both developing apps to display globally recognised health status certificates). Those citizens who are [...]
Carne Group bags €100m investment from London private equity firm January 13, 2021 Irish financial services firm Carne Group has secured funding from a London-based private equity firm that has backed the likes of Darktrace and Just Eat. Carne Group, which is the world’s largest third-party fund management company, announced it had received a €100m investment from Vitruvian Partners. The fresh funding will be used to expand the [...]
Staff returning to offices three days a week would be ‘royal result’ post-pandemic January 13, 2021 If staff who have been working from home during the pandemic return to the office for three days a week post-Covid, it will be a “right royal result”, David Buik has said. Buik, who has worked for more than 50 years in the City of London and contributes to the Great Wave of Change podcast, [...]
Over 16,000 customers seeking compensation for British Airways data breach January 13, 2021 More than 16,000 people are seeking compensation from British Airways (BA) over a data breach in 2018, lawyers for the victims said today. In September 2018, the UK’s flag carrier revealed that the personal details of 420,000 customers – including names, debit and credit card numbers, addresses and email addresses – had been stolen. Now [...]
Tiktok tightens privacy features as online harm laws loom January 13, 2021 Tiktok has tightened its privacy features for young users as the government prepares to roll out tough new rules to improve safety on social media. The hit video-sharing app today said that all users under the age of 16 will have their accounts set to private by default, meaning only approved followers can view their [...]
Honda pauses production at Swindon for third time January 13, 2021 Honda will next week pause car production at its factory in Swindon, the third time it has done so in a little over a month. The Japanese car giant said in a statement that output would be paused from Monday to Thursday next week, the longest such pause so far. It said that global supply [...]
Ministers mull moving patients to hotels as hospitals become overwhelmed January 13, 2021 The NHS is considering plans to transfer patients to hotels as hospitals become overwhelmed with Covid-19, the health secretary said this morning. Matt Hancock announced the government would not rule out any options to relieve pressures on the NHS and refused to speculate about how long lockdown restrictions could last. The health secretary told BBC [...]
Asda to offer in-store Covid-19 vaccinations January 13, 2021 Asda will become the first UK supermarket to offer in-store Covid-19 vaccinations after striking a deal with public health officials. The vaccination centre at the grocer’s Birmingham store will operate 8am to 8pm, seven days a week, and will have the capacity to administer 250 jabs per day. The site is the first Asda pharmacy [...]
