London fintech Currensea launches product for small businesses October 5, 2020 London-based fintech Currensea has today launched a debit card for SMEs, built on open banking, to help with overseas transactions. The first-of-its-kind debit card enables small businesses to make international transactions through their existing bank account without any bank charges and with low fees competitive with leading challenger banks. The new Mastercard, which costs just [...]
Businesses plan long-term return to office despite home working boom October 5, 2020 Most businesses will resume using their offices after the coronavirus crisis, despite a shift towards home working, according to a survey of company directors. The research found that 74 per cent of directors said they would keep increased home working arrangements, and half said they would reduce their long-term use of the office following the [...]
UK launches £238m Covid unemployment programme October 5, 2020 The government has today launched a £238m unemployment programme to provide skills and training to people who have lost their jobs during the Covid crisis. The Job Entry Targeted Support scheme will provide participants with CV and interview training, individual work coaches and “specialist advice on how people can move into growing sectors”, according to [...]
DTZ Investors backs London rental market with £70m co-living project October 5, 2020 London real estate firm DTZ Investors will provide £70m for a new “collective living” development, in a show of confidence in the capital’s rental market despite the impact of the coronavirus crisis. The Earlsfield development will be the second property delivered through the fund set up last year by DTZ Investors and co-living firm The [...]
Ride hailing app Ola banned in London October 4, 2020 Uber rival Ola has been banned from operating in the capital by Transport for London
UK-US trade deal will not lead to surge in junk food ads, says Liz Truss October 4, 2020 A UK-US trade deal will not lead to the UK becoming awash with junk food advertising, according to trade secretary Liz Truss. Truss told the Conservative party conference today that any deal with the US would not compromise the UK’s food standards or Boris Johnson’s recently unveiled obesity strategy. Leon co-owner Henry Dimbleby recently claimed [...]
Sazka mounts challenge against Camelot to take UK National Lottery licence October 4, 2020 European firm Sazka has mounted a challenge to take the licence to run the UK’s National Lottery from current operator Camelot for the first time since the prize draw’s launch in 1994. Sazka has entered the Gambling Commission’s competition to select an operator to run the National Lottery when Camelot’s licence expires in 2023. The [...]
Trump could be discharged tomorrow despite drop in oxygen levels during Covid fight October 4, 2020 President Donald Trump has released a personal video from his hospital room saying he os doing well, but the real test will be in the coming days.
Priti Patel promises overhaul of the UK asylum system October 4, 2020 Home secretary Priti Patel has vowed to deliver the “biggest overhaul” of the UK asylum system in decades. Patel used her speech at the Conservative party conference to promise a “firm, but fair” asylum policy to get control of the increasing number of immigrants illegally crossing the Channel. Patel has reportedly been considering a wide [...]
Brexit: Boris Johnson says he does not want a no-deal exit from EU October 4, 2020 Boris Johnson has said he does not want a no-deal Brexit, but that the UK would “more than live with it” if need be. Johnson said today that a deal “was there to be done”, just a day after the UK and EU agreed to extend negotiations a further two weeks, but that gaps remain [...]
