Shopper, drinker and diner numbers recover as UK retailers and hospitality firms reopen April 22, 2021 Restaurant and pub reservations soared and shoppers headed back to the high street in vast numbers as coronavirus restrictions on outdoor hospitality and retailers lifted. The latest data showed that UK seated diner reservations on Saturday reached 60 per cent of the levels seen on the equivalent day in 2019, pre-pandemic. Figures were even higher [...]
HSBC hires former Wells Fargo lead as its new head of global banking April 22, 2021 HSBC has hired the former executive vice president of Wells Fargo as its new head of global banking in Europe based in the capital. Stepping into the role on 15 July, Lisa McGeough joins HSBC from the California-based bank after 15 years, most recently serving as both executive vice president and head of international. McGeough [...]
HSBC open to climate talks but cannot ‘condone vandalism’ April 22, 2021 Following a climate protest which saw windows smashed at its City headquarters, HSBC has said that it welcomed discussion on climate change but that it could not ‘condone vandalism’. “We welcome meaningful dialogue on our climate strategy; however, we cannot condone vandalism or actions that put people and property at risk,” a spokesman said. “We [...]
GB News: What is the new TV channel and when will it launch? April 22, 2021 There’s been a flurry of announcements in recent weeks ahead of the launch of GB News, a new opinion-led channel promising the biggest shakeup of British broadcast media for 30 years. The venture has caused a stir, with no shortage of controversy over its promise to take a “boldly different” approach. Plans are still being [...]
Jaguar Land Rover to pause production at two plants due to chip shortage April 22, 2021 The disruption caused by the global shortfall of semiconductor chips continued this morning as Jaguar Land Rover said it would pause production at two of its plants next week. The shortage, which has hit many of the world’s biggest carmakers, will see the Tata-owned firm idle production lines at Castle Bromwich and Halewood for a [...]
Canadian semiconductor firm Alphawave plans $4.5bn London IPO April 22, 2021 Toronto-based Alphawave is planning a London listing after setting a valuation of $4.5bn from cornerstone investors. The company is just four years old and develops technology that pushes data through data centres and phone networks. Alphawave said funds and accounts managed by Blackrock and Janus Henderson have entered agreements to subscribe $510m of offer shares [...]
BA owner IAG to power a tenth of flights with sustainable fuels by 2030 April 22, 2021 British Airways owner IAG has today committed to powering 10 per cent of its flights with sustainable aviation fuels by 2030. The carrier group said that doing so would remove 2m tonnes from its annual emissions footprint, which it equated to taking 1m cars from the road per year. It is the first European airline [...]
Ethereum – the emerald isle in a sea of red April 22, 2021 Ethereum, for the first time in a while, doesn’t feel like the second-largest cryptocurrency is simply coasting in Bitcoin’s shadow or riding a wider alt wave.
British expats stranded by Japan’s slow vaccine rollout April 22, 2021 While the UK’s vaccination programme has seen 33m with jabs in arms, British residents in Japan have been left frustrated by the country’s slow vaccine rollout. Unable to visit family since the pandemic began, Japan has vaccinated less than one per cent of its population so far. The Olympic-host’s vaccinations have been curbed by delayed [...]
Manage the risks of crypto, and you can reap the rewards April 22, 2021 Mark Robinson, insurance expert with Verlingue, explains how to manage the risks associated with cryptocurrency.
