US election: Almost 100m early votes cast as record turnout looms November 2, 2020 WASHINGTON, D.C. – Nearly 100m Americans have cast votes for tomorrow’s election already, with turnout expected to be at its highest in decades. The total amount of ballots cast now sits at 97m, which is around 70 per cent of the 139m people who voted in the 2016 election – a record for total number [...]
Supreme Court to hear FCA business interruption insurance appeal this month November 2, 2020 The Supreme Court will this month hear an appeal of the Financial Conduct Authority’s business interruption insurance test case. The test case launched by the watchdog against eight insurance companies was fast-tracked for an appeal earlier this month. The FCA launched legal proceedings in June after it failed to find an agreement with the insurance [...]
Green deodorant firm raises million-plus growth fund November 2, 2020 An eco-friendly deodorant has raised millions in seed funding in a round including Jam Jar Investments. Wild, a refillable plastic-free deodorant, was founded in 2019 by former Hello Fresh Marketing Director Freddy Ward and co-boss Charlie Bowes-Lyon. Read more: Get all the news on the US Election and what it means for markets Much of [...]
PwC to take over from KPMG as M&G’s external auditor November 2, 2020 PwC is set to take over from KPMG as M&G's external auditor.
Plan a post-lockdown escape at the stunning Sopwell House in St Albans November 2, 2020 THE WEEKEND: Serious me-time in the UK’s first private member’s spa, handily attached to luxury country house hotel Sopwell House. You can spend the entire weekend in a dressing gown without skipping the gourmet food, stylish surroundings and decent cocktail menu every suitably indulgent weekend break needs – especially after another month of being confined [...]
Softbank Vision Fund dealt another blow with boardroom exodus November 2, 2020 After a year of hefty losses, Softbank is now dealing with an exodus of executives at its $100bn Vision Fund. The Japanese conglomerate plunged to its worst ever annual performance in March after recording a huge $18bn loss for the Vision Fund. It bounced back in August after strong performances by its tech investments. Softbank [...]
How to make the most of the last pre-lockdown days, from a US election party pack to a prohibition jazz night November 2, 2020 During any other year, this would have been among the busiest weeks of the social calendar. Halloween parties would have spilled into US election parties, which would have led into Bonfire night, and before you know it, the weekend is upon you again. Instead, we have the bleak prospect of yet another lockdown. But try [...]
Boris Johnson doubles support for self-employed during new lockdown November 2, 2020 Prime Minister Boris Johnson has announced a doubling of support for the self-employed during England’s new coronavirus lockdown and an extension of the deadline for government-backed business loans. Johnson addressed the House of Commons this afternoon after announcing a month-long lockdown on Saturday. MPs will vote on the new measures on Wednesday, with both Labour [...]
AJ Bell launches first sustainable fund of ETFs November 2, 2020 Investment platform AJ Bell has launched its first sustainable fund investing in “responsibly screened” ETFs . The AJ Bell Responsible Growth Fund will invest in ETFs which remove stocks from controversial companies such as tobacco or alcohol. Any firm that breaches the UN Global Compact, which implements sustainable principles, will also be excluded. “Once these [...]
Sport rights set for devaluation as the industry reaches its Napster moment November 2, 2020 Alongside all the other ways Covid has disrupted our economy and lives, it might be set to have a dramatic impact on the value of sport rights. Some 83 per cent of executives, representing 4bn sports fans globally, believe that media rights have reached a high-water mark, a recent Seven League study found. These executives [...]