Rishi Sunak: Workers will quit if they can’t return to offices, chancellor warns March 26, 2021 Employers may face an exodus of staff if they implement a permanent remote-working strategy after lockdown, the chancellor warned. Rishi Sunak said workers should be allowed to return to offices or they may “vote with their feet” and leave the firm for an employer that encourages face-to-face working. He said offices allow meetings to “happen [...]
Post-Brexit City must be freed from European-style over regulation March 26, 2021 It has always been perceived wisdom that it was greedy bankers to blame for the financial collapse of 2008/9. The truth, however, is very different. Looking back, years of Establishment “too big to fail” support for uneconomic banking and financial institutions which began in the 1970s and culminated in the Greenspan intervention to save markets [...]
Decarbonisation could create 1.7m jobs in emissions-heavy regions March 25, 2021 The UK’s transition to low-carbon and renewable energy sources could create 1.7m jobs, but only if the government takes steps to decarbonise the country’s 12 most carbon-intensive industries. Half of the new jobs could be created in the north, Midlands and Scotland, the areas of the UK where such heavily emitting industries are based. The [...]
Biden doubles vaccine target to 200m doses in first 100 days March 25, 2021 President Joe Biden has set a new goal of 200m coronavirus vaccines in the US in his first 100 days in office. The US vaccine rollout has gathered pace in recent weeks with over 70 per cent of over-65s having received at least one dose of the vaccine. The White House said 130m shots had [...]
Lord Hill: I’m no cheerleader for Spacs but UK should leave door open March 25, 2021 Lord Hill, who recently published a review into London’s listing rules, has said he recognises concerns over Spacs but fears the UK may regret paying attention to the vehicles in a few years time. Special acquisition companies – Spacs – have risen to prominence during the pandemic in the US and in parts of Europe. [...]
Ollie Phillips: England need change but that doesn’t mean sacking Eddie Jones; France to wreak havoc on Scotland; and Lions pecking order March 25, 2021 In the space of a few days England went from brilliant, devastating and clinical against France to devoid of ideas against Ireland. Credit to Ireland for well and truly doing a job on England last weekend. They didn’t just beat Eddie Jones’s side, they thrashed them 32-18. This is a team that talks about wanting [...]
GameStop shares jump a third on ‘meme stock’ rally March 25, 2021 Shares in video-game retailer GameStop rose a third today as the firm recouped the losses it made earlier this week. The firm is one of several so-called “meme stocks” popular with Reddit retail investors that have made rapid gains today. Headphone maker Koss and cinema chain AMC have also seen big gains as the wallstreetbets [...]
Deliveroo float under fire as major investors balk at workers’ rights row March 25, 2021 Deliveroo’s blockbuster stock market float is under pressure after a string of high-profile investors said they will steer clear of the IPO due to the way the company treats its workers. Legal & General Investment Management and M&G today became the latest institutional investors to announce they will not take part in the delivery giant’s [...]
Argentina ‘cannot’ pay back $45bn IMF debt March 25, 2021 Argentina will not be able to pay back its $45bn debt to the International Monetary Fund (IMF), Vice President Cristina Fernandez de Kirchner has said. Speaking at an event yesterday, Fernandez de Kirchner said that the current conditions for paying back the debt were “unacceptable”. If the political parties are not able to articulate a [...]
Six Minutes To Midnight – Eddie Izzard stars in wartime thriller March 25, 2021 Eddie Izzard has enjoyed quite an eclectic big screen career over the years. She’s been in cult hits such as Velvet Goldmine and Mystery Men; mixed it up with Clooney and Co in the Ocean’s films; and even faced off with a Nazi Tom Cruise in 2009’s Valkyrie. The Third Reich looms ominously in her [...]
