Sir James Dyson has moved back to UK, docs show, as tax row continues April 21, 2021 Sir James Dyson has moved back to the UK, Companies House documents show, amid a row over texts the billionaire vacuum cleaner maker exchanged with Boris Johnson over tax problems during the pandemic. The documents, which were first reported by the Telegraph, show that Dyson’s new residence is in the UK. He had moved to [...]
£2.3bn Aggreko takeover ‘in doubt’ after shareholder revolt April 21, 2021 The multi-billion pound takeover of FTSE 250 firm Aggreko has been thrust into uncertainty tonight after the company’s biggest shareholder said it would vote against the deal. Liontrust Asset Management, which owns 12 per cent of the energy provider, is set to oppose the deal, Sky News reported tonight. The news comes just a month [...]
FTSE 100 rallies after yesterday’s heavy fall April 21, 2021 London’s FTSE 100 rebounded today, after a poor performance yesterday that saw London’s main market fall two per cent. The FTSE 100 closed up 0.52 per cent on yesterday’s gloomy session, when tobacco stocks and fears of new variants pummelled the market, ending the day at a two per cent loss. The blue-chip index was [...]
Set the tone: Central bankers can move markets or ease volatility based on their vocal pitch April 21, 2021 When it comes to absorbing shocks, boosting stocks or reducing volatility markets take their cues from the tone of voice central bankers use
HSBC manager writes viral post about overwork following heart attack April 21, 2021 The tale of what looked to be a stress-induced heart attack has gone viral on LinkedIn, after HSBC contractor Jonathan Frostick vowed to “restructure my approach to work” following his near-death experience. According to Frostick’s LinkedIn post, which has more than 200,000 ‘likes’ and nearly 11,000 comments as of Wednesday evening, the HSBC manager had [...]
BA inks deal with £60 PCR test firm in boost to summer holiday plans April 21, 2021 Exclusive: BA inks deal provide £60 PCR tests in boost to summer holiday plans
Boris Johnson government most ‘awful environment I’ve ever worked in’, says ex-minister April 21, 2021 Boris Johnson’s government is the “the most distrustful, awful environment I’ve ever worked in”, according to recently sacked veterans minister Johnny Mercer. Mercer said today that the government was guilty of a “gross betrayal of people who signed up to serve in the military”. Mercer, who set up the Veterans Office in 2019, was preparing [...]
Covid travel restrictions see revenue at hotel giant Accor tumble April 21, 2021 Revenue at Accor fell in the first quarter of its 2021 financial year, as Covid-19 restrictions left the group still unable to operate at full capacity. First-quarter revenue totalled €361m, down 48 per cent when compared with Q1 in 2020. Revenue per available room fell by 64 per cent against Q1 2019, reflecting the current [...]
Mercedes maker Daimler to cut hours of 18,500 workers due to chip shortage April 21, 2021 Mercedes maker Daimler today said it would cut the hours of some 18,500 workers at its factories in Germany due to the current shortage of semiconductor chips. The auto giant also said it would halt production at two plants for a temporary period of time. A spokesperson for the Stuttgart-headquartered firm said that it was [...]
Bitcoin could pull back to $20,000 – claims global investment boss April 21, 2021 The global chief investment officer of one of the world’s largest investment firms says a major correction is incoming on the price of Bitcoin.