New standards for equal opportunities could pave way for a better working future April 20, 2021 Firms across the world have been attempting to codify their efforts on equal opportunities, and a new set of global standards may do just that. Christiane Bisanzio writes why her firm has signed up. Last week, the World Economic Forum released its eagerly awaited report into the impact of the Covid-19 pandemic on gender pay. [...]
Music Magpie secures new funding ahead of £208m stock market float April 20, 2021 Tech resale site Music Magpie today said it has secured £20m in fresh funding, just days after confirming plans for an initial public offering in London. The online retailer, which allows consumers to exchange old devices such as phones and game consoles to cash, has inked the deal with Silicon Valley Bank’s (SVB) UK branch. [...]
United Airlines dives to $2.4bn loss as fuel prices soar April 19, 2021 United Airlines plunged to a $2.4bn adjusted loss for the first quarter of the year, dragged down by a plunge in passenger number and climbing fuel costs. The Chicago-based carrier said that aviation fuel costs rose nearly 30 per cent over the three month period, to $1.70 per gallon. At the same time, the airline [...]
Sterling rises to highest levels for a month April 19, 2021 The pound rose to its highest levels against the dollar for a month as the UK’s recovery from the Covid-19 downturn continues. Sterling was up 1.1 per cent at $1.39 as of 9:00pm, the highest it has traded against the greenback since mid-March. Against the Euro, it was 0.7 per cent higher at €0.86. The [...]
Joining the Clubhouse: Facebook launches push into booming audio market April 19, 2021 Facebook has today announced a three-pronged push into the audio market after in year in which demand for platforms such as Clubhouse has boomed. The social media giant said it would build a new set of audio creation features in order to support people using the site to make their own content. The first of [...]
Furious landlord kicks Keir Starmer out of Bath pub following heated row over lockdown restrictions April 19, 2021 A furious pub landlord today shouted at Labour leader Keir Starmer to “get out of my pub” following a heated exchange between the two about coronavirus restrictions. Rod Humphris, landlord of The Raven pub in Bath, shouted “that man is not allowed in my pub” while being restrained by a person who appeared to be [...]
Shaun Bailey London mayor election manifesto: Everything you need to know April 19, 2021 Conservative mayor of London candidate Shaun Bailey today launched his election manifesto, with polling day on 6 May now just weeks away. The 56-page document outlined policies on areas such as the economy, the environment, transport, crime, housing and transport. City A.M. went through the manifesto with a fine tooth comb to bring you a snapshot of the [...]
John Lewis gets to work on Peter Jones Sloane Square facelift April 19, 2021 John Lewis has begun a multi-million pound renovation of its Peter Jones store in Sloane Square. The facelift will see the store given a curved glass façade, ground floor shop windows, entrances and canopy, and a new, larger, more accessible entrance on King’s Road, according to the Evening Standard. John Lewis has outline planning permissions, [...]
JetBlue given regulatory clearance to join transatlantic dogfight April 19, 2021 The UK’s aviation regulator has today given US carrier JetBlue clearance to begin operating flights to Britain, in a blow for transatlantic rivals such as British Airways. It is the first time since the UK left the EU that the Civil Aviation Authority (CAA) has given regulatory approval to a foreign carrier. New York-based JetBlue [...]
Markets: Wall Street slips from record levels April 19, 2021 Major U.S. stock indexes fell from record levels on Monday as investors sought cues from first-quarter earnings reports to justify the rich valuation of equities. Tesla was the biggest drag on the S&P 500 and the Nasdaq, with the electric-car maker down three per cent after a Tesla vehicle, which was believed to be operating [...]