Rolls-Royce betting small is beautiful when it comes to UK nuclear power January 9, 2021 For many, nuclear power stations are eyesores – great slabs of gun-metal grey cluttering up the UK’s coastlines. But that could be about to change. Last year FTSE 100 blue-bloods Rolls-Royce announced it was planning on building a fleet of 16 so-called “small modular reactors” (SMRs) in a move that would shake up the UK’s [...]
Government releases £800m of dormant funds for pandemic recovery January 9, 2021 The government will release dormant assets from across the insurance and pensions sector to expand its coronavirus recovery efforts. The Department for Digital, Culture, Media and Sport has today announced the expansion, which will also secure assets from the investment, wealth management and securities sectors, could unlock over £800m. Funding raised through the expansion of [...]
Life after lockdown: Negotiating our way to herd immunity January 8, 2021 Former Google strategist Paul Alexander, founder and president of London-based Alexander & Associates, argues negotiation principles could play a role in achieving herd immunity via a comprehensive Covid-19 vaccination programme. Two vaccines are being rolled out across the UK as we speak. Care homes, once the frontline of the pandemic, are now rapidly becoming [...]
Joe Biden unveils key economic appointments to his Cabinet January 8, 2021 Joe Biden has unveiled his picks for key economic roles in his administration including Boston Mayor Marty Walsh. Biden has opted for longtime union member Walsh who he has a longstanding relationship with to be his Labor Secretary. Walsh was also reportedly a rumoured potential pick for Hillary Clinton had she won the presidency in [...]
Deutsche Bank agrees to pay more than $87m over bribery charges January 8, 2021 Deutsche Bank will reportedly pay more than $87m to settle bribery charges as part of a deferred prosecution agreement with the US Department of Justice. The case, which alleges the bank broke US anti-bribery and commodities trading laws, was brought before federal prosecutors in Brooklyn on Friday. The German lender agreed to the settlement as [...]
Landlords won’t be able to evict tenants as Robert Jenrick extends ban on bailiffs January 8, 2021 The ban on evicting tenants in England and Wales has been extended by Communities Secretary Robert Jenrick today.
Explainer: What the Brexit deal means for UK nationals and EU migration January 8, 2021 New immigration rules and pandemic travel restrictions are colliding to cause a bumpy start to 2021. Although the Brexit transition deadline has passed, individuals who are eligible can continue apply under the Withdrawal Agreement until 30 June 2021 in many cases. There is confusion in these early days and some airlines have reportedly refused boarding [...]
Gove expects Brexit delays at the border with France and Ireland to worsen January 8, 2021 Gove expects Brexit delays at the border with France and Ireland to worsen
MGM’s biggest shareholder backs offer for Ladbrokes owner Entain January 8, 2021 Casino operator MGM’s biggest shareholder InterActiveCorp (IAC) has backed its £8bn bid for Ladbrokes owner Entain. In a statement MGM said IAC considers the offer to be “compelling” and believes the deal would “position the combined company as a pure play omni-channel global leader in gaming and entertainment”. Earlier this week Entain, which also owns [...]
Alok Sharma to depart as business secretary as part of mini-reshuffle January 8, 2021 Alok Sharma will leave his role as business secretary to lead the Government's handling of the COP26 climate summit later this year
