London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
The Long Weekend: Take in a bird’s-eye view of London at hip new hotel Treehouse October 19, 2020 International travel may seem like a distant memory, but that doesn't mean you can't enjoy a slice of luxury on your own doorstep. Why not try get a new angle on London with a stay in the sky at hip new hotel opening Treehouse London.
UK watchdog ramps up pressure on tech giants as it sets one-year ultimatum October 19, 2020 The UK competition watchdog has urged the government to step up plans for a new digital regulator as it warned it is preparing to take action against tech giants such as Facebook and Google. Andrea Coscelli, chief executive of the Competition and Markets Authority (CMA), said his organisation was “actively considering” potential enforcement cases in [...]
Mergers can improve banks’ profitability, says ECB vice president October 19, 2020 The vice president of the European Central Bank has called for further consolidation by eurozone banks to improve lenders’ profitability during the Covid-19 crisis. Banks in Spain and other EU countries have come under pressure to consolidate as the sector faces rising bad loans and rock bottom interest rates due to the coronavirus pandemic. “Removing [...]
Sabadell to speed up cost cutting at TSB, chief executive says October 19, 2020 TSB-owner Banco Sabadell is planning to speed up cost-cutting measures at the British lender, the Spanish lender’s chief executive said. A cost reduction plan at TSB that was initially set to take three years will now be implemented over two years, said Jaime Guardiola. TSB announced plans to axe a third of its branches last [...]
Breaking: Wales to enter strict ‘fire break’ lockdown October 19, 2020 Wales to enter strict 'fire break' lockdown
Brexit: EU needs to show ‘maturity’ in trade talks, says minister October 19, 2020 The EU has been immature and inflexible in trade negotiations but the door is “still ajar” for a Brexit trade deal, according to a cabinet minister. Boris Johnson said on Friday that the UK was finished negotiating with the EU unless it is willing to intensify talks and make key concessions. His words were seen [...]
British Airways boss piles pressure on the government to scrap quarantine October 19, 2020 The new British Airways boss has called on the government to introduce pre-departure testing warning the UK risks being left behind in the economic recovery. Sean Doyle, who became chief executive of the airline last week, said the UK needed to get the economy going again but “this just isn’t possible when you’re asking people [...]
Firefighters tackle blaze at City office block October 19, 2020 More than two dozen firefighters are tackling a blaze at an office block in the heart of the City. Four fire engines and around 25 firefighters were called to a building on Houndsditch near Aldgate Tube station this morning. The London Fire Brigade said it was alerted to the fire following reports of smoke billowing [...]
Tiered coronavirus restrictions hit UK high street shopper numbers October 19, 2020 The UK’s new tiered coronavirus restrictions contributed to a drop in footfall at retail sites across the country last week, in a worrying sign for the shaky economy. Visits to high street shops and malls fell 3.1 per cent in the week ending 17 October, according to data company Springboard. It was the fourth consecutive [...]
Why bitcoin going to $1,000,000 is unlikely and horrifying October 19, 2020 Bitcoin maximalists continue to shriek about their beloved bitcoin and how the price is going “to the moon”. Bitcoin may be lacking fundamental characteristics of a Ponzi scheme, but there are plenty of similarities. The endless pumping of bitcoin on Twitter and all manner of other social media is much the same as those operating [...]