Will Elon Musk’s Tesla payment announcement trigger Bitcoin rise? March 24, 2021 Crypto AM Daily asks if Elon Musk's announcement that Tesla cars can now be bought with Bitcoin will trigger a crypto rise?
UK house price growth slowed in January as buyers paused due to new lockdown March 24, 2021 UK house price growth slowed in January compared to the previous month as buyers paused due to the introduction of new lockdown measures and uncertainty over the length of the stamp duty holiday, according to the latest official data. Average house prices increased by 7.5 per cent over the year to January, down from eight [...]
Intel to splash out $20bn on factories in new chipmaking push March 24, 2021 Intel has unveiled plans to spend $20bn (£14.6bn) on two new semiconductor factories as part of a radical turnaround plan aimed at restoring the company’s chipmaking prowess. Under a multi-year strategy outlined by new chief executive Pat Gelsinger, Intel will build two new plants in Arizona. It will also start outsourcing to other manufacturers and [...]
Surging services demand boosts UK business activity rebound in March March 24, 2021 Surging services demand boosts UK business activity rebound in March
Deloitte offers up to £2,000 ‘thank you’ bonus to firm’s non-partners March 24, 2021 After taking austerity measures last year to navigate the pandemic, Big Four firm Deloitte plans to hand out ‘thank you’ bonuses to all firm employees. ‘Thank you’ payments of between £500 and £2,000 will be paid to all UK staff below partner level at the end of April, with the amount paid determined by the [...]
Crown Estate to launch new large-scale floating wind farm leasing round March 24, 2021 The Crown Estate has today announced that it is beginning work on a new leasing round for floating wind power projects in the Celtic Sea. Floating turbines are still an emerging technology, but if successful could enable wind farms to be built much further offshore. In December the UK announced that it would seek to [...]
Bermuda adds Heathrow flight to tourism offer as temperatures rise March 24, 2021 The prospect of an 8am in Frankfurt or a Friday night stuck in Zurich may not have us that excited about the return of business travel, and Europe’s ongoing vaccination struggles suggest we might not be hitting the beaches of the Costa del Sol as soon as we might like. But Bermuda – matching business [...]
Can China really become carbon net zero by 2060? March 24, 2021 At the UN General Assembly in September 2020 China’s President Xi Jinping pledged that the country would become net zero by 2060. This was a surprise move that has been hailed as a significant step forward in the global effort to address the Climate Crisis, given that China is responsible for around 30% of global [...]
Government agrees £16bn North Sea transition deal for oil industry March 24, 2021 The government and private sector will pour £16bn into the North Sea oil industry over the next decade in a bid to reduce carbon emissions, business secretary Kwasi Kwarteng announced today. Under the new “North Sea Transition Deal”, ministers will be able to block future oil and gas exploration on the continental shelf if it [...]
FTSE 100 slips as fears of third Covid wave spark recovery concerns March 24, 2021 London’s FTSE 100 dipped by 0.2 per cent on Wednesday as a jump in Covid cases across Europe sparked concerns about its near-term economic impact. The blue-chip index was edged down by bank stocks including HSBC, Barclays and Lloyds falling between one per cent and 1.5 per cent. British consumer price inflation fell to 0.4 [...]
