Bitcoin in context: the quantum leap October 8, 2020 Once again, bitcoin is on the precipice of another major directional move, which would dictate its end of year trajectory as we head deeper in the final quarter of a tumultuous 2020. Indeed, barely a week into October and the influx of headlines has everyone glued to their screens again; so much so that I [...]
Beavertown spruces up London’s pubs with new murals October 8, 2020 North London brewery Beavertown have given four pubs a mural makeover to encourage Londoners back out to their local. Beavertown’s creative director Nick Dwyer, responsible for the brand’s iconic artwork, has reimagined the pub’s signs for the modern day. Read more: London’s taprooms fizz back into action after their four month hiatus The artwork is [...]
Brexit: UK confirms plans for Kent ‘passport’ for lorry drivers October 8, 2020 The government has confirmed today that lorries entering Kent from other parts of Great Britain will need a special ID from 1 January 2021 and that EU citizens entering the country will need to use a passport when coming to the UK from October. The new “Kent access permit” will be needed for lorry drivers [...]
Morgan Stanley set to buy Eaton Vance in $7bn deal October 8, 2020 Morgan Stanley has announced plans to buy asset manager Eaton Vance in a $7bn cash and stock deal, as it seeks to build its investment management business. Under the terms of the agreement, Eaton Vance shareholders will receive $60.75 per share, made up of $28.25 per share in cash and approximately the same value of [...]
New US jobless claims flatline as recovery slows October 8, 2020 The number of new US jobless claims stayed roughly flat last week in the latest sign that the country’s economic recovery is slowing as it heads into the autumn. Department of Labor (DoL) data showed that 840,000 Americans filed new jobless claims in the week ending 3 October, down just 9,000 from the week before. [...]
London minister hits out at Sadiq Khan for ‘mixed messages’ during Covid October 8, 2020 Boris Johnson’s London minister has hit out at Sadiq Khan for sending “mixed messages” and for being two-faced in his dealings with the government. Paul Scully said today that Khan had “worked collaboratively” with the government behind closed doors during the Covid pandemic, but that he too often then goes on to attack the Prime [...]
UK house prices to rise 20 per cent by 2024 October 8, 2020 UK house prices are expected to soar more than 20 per cent by 2024, according to the latest research. Analysis by estate agent Savills found that UK property prices will jump 20.4 per cent in the five years to 2024 Average house prices are expected to increase four per cent this year before stagnating in [...]
JPI Media secures bids from Archant and media veteran Montgomery October 8, 2020 Local newspaper group JPI Media is said to have received takeover offers from rival publisher Archant and veteran media executive David Montgomery. JPI, which owns titles including The Scotsman and The Yorkshire Post, originally put its regional papers up for sale last year. The process was put on hold following the outbreak of coronavirus, but [...]
BoE gives banks all-clear but warns them to keep up support October 8, 2020 The Bank of England has warned lenders that reducing their support to households and businesses “would be costly” for the economy and for banks themselves. It came as the Bank’s Financial Policy Committee (FPC) said the UK’s lenders were strong enough to weather the rest of the coronavirus storm – even if unemployment soared to [...]
Uh-oh, spaghettio: Could Italy be next in line on UK quarantine list? October 8, 2020 Italy could be the next country to be added to the quarantine list after the number of coronavirus cases surged past the UK’s threshold for reimposing restrictions. Over the last seven days, the number of cases per 100,000 has ticked up to 31.0, according to travel consultancy the PC Agency. Transport secretary Grant Shapps has [...]
