Mobile trading – The power is in your pocket November 9, 2020 In the 21st century, there is no longer a single factor that defines all traders across the markets. Your ‘typical trader’ is a thing of the past. In the FX industry a couple of decades ago, being a ‘trader’ mostly meant that you were dressed in a suit, sat coordinating trades on the phone all [...]
Aldi to extend click and collect to 200 stores ahead of Christmas November 9, 2020 Aldi has announced that it will extend its click and collect trial to more than 200 stores by Christmas as the budget supermarket seeks to capitalise on the boom in demand for online shopping. The German discounter launched the service from one Midlands store in September, before rolling it out to a further 17 branches [...]
High court judge blocks Brazil lawsuit against BHP November 9, 2020 A landmark case brought by a Brazilian claimant group against mining giant BHP over a burst dam has been struck out by the High Court. A High Court judge in Manchester said managing the 200,000-strong claimant group would be like “trying to build a house of cards in a wind tunnel” and said the case [...]
KPMG to sell restructuring arm to win more work November 9, 2020 Audit giant KPMG is to sell its restructuring arm because conflicts of interest and regulatory scrutiny are preventing it from winning work. In an email to colleagues KPMG UK chairman and senior partner Bill Michael said that concerns relating to conflicts of interest arising from its existing work was likely to “limit the restructuring clients [...]
Lords look to defeat Brexit bill that breaks international law November 9, 2020 The House of Lords will today vote on whether to remove clauses from Boris Johnson’s controversial Brexit legislation that could breach international law. Peers, who are expected to vote to remove the clauses, voted overwhelmingly against Johnson’s Internal Market Bill in a symbolic “regret” motion last month. The bill would see the UK unilaterally override [...]
Confusion reigns ahead of introduction of Bounce Back Loan top-ups November 9, 2020 Businesses that took out Bounce Back Loans (BBLs) from non-bank lenders may struggle to access further funds as alternative lenders scramble to secure financing. The Treasury was forced to introduce top-ups and extend the application deadline for the 100 per cent state-backed loans to January after England was placed into another lockdown last week. From [...]
Why Congham Hall in Norfolk should be your next staycation November 9, 2020 We all need something to look forward to right now, and with foreign travel likely to be a risky business for the foreseeable future, staycations should be at the forefront of your plans. Here’s a perfect country retreat just a couple of hours from London. The weekend If you’re looking for a getaway just outside [...]
Winners and losers: Stocks soaring AND plummeting as Pfizer reports Covid-19 vaccine breakthrough November 9, 2020 US pharma giant Pfizer reporting today that early studies of its Covid-19 vaccine are 90 per cent effective has sent markets into a frenzy, with travel and hospitality stocks shooting up while food delivery services and video conferencing software providers plummeted. Jet engine maker Rolls-Royce saw the biggest change on the FTSE 100, surging 43 [...]
Quarantine period for UK travel arrivals set to be reduced once lockdown eases, Shapps tells industry November 9, 2020 Quarantine period for UK travel arrivals set to be reduced once lockdown eases
Exclusive: Tories must be more business friendly, says ad guru Martin Sorrell November 9, 2020 The Tories must be more business friendly after failing to secure the support of the corporate world during the coronavirus crisis, ad veteran Sir Martin Sorrell has said. Speaking to City A.M., Sorrell said the government “went down the wrong direction” in its response to the pandemic earlier this year and had angered businesses with [...]
