EP: 47 Cheltenham Festival Day 4 – Friday March 18, 2021 The final day of the Festival is many people’s highlight of the week with the youngsters kicking off the action in the Triumph Hurdle and the prestigious Gold Cup, run over three and a quarter miles the feature race of the day. We are joined today by jockey Richard Johnson who rides Native River in [...]
BBC to shift news jobs out of London in bid to win over regions March 18, 2021 The BBC will shift major parts of its news operation out of London as the broadcaster looks to stave off criticism of metropolitan bias. A number of major programmes and scores of journalists will be relocated from the capital to regional bases across the country over the next six years. “Our mission must be to [...]
BoE keeps rates steady and dampens expectations of imminent change March 18, 2021 The Bank of England has held interest rates at 0.1 per cent and its bond-buying programme at £895bn, thereby diminishing expectations of changes in the immediate future, with the next announcement not until 6 May. The BoE’s Monetary Policy Committee (MPC) voted unanimously to keep rates at record-low levels. Analysts expected today’s decisions to be [...]
Hidden cuts in Rishi Sunak’s Budget to deliver ‘second austerity’, says IFS March 18, 2021 Rishi Sunak’s Budget is set to cause a “second, sharp dose of austerity” thanks to £4bn of hidden cuts, according to new analysis by a leading economic think tank. The Institute for Fiscal Studies today said there were extensive public service cuts buried in the Budget, which will see funding for the Home Office, HM [...]
Google plan to block cookies ‘under scrutiny’ from US regulators March 18, 2021 Google’s plan to scrap web-tracking advertising tools known as cookies is said to have attracted scrutiny from US regulators amid concerns the move could harm smaller rivals. The search engine giant has unveiled proposals to block cookies in its Chrome browser in an effort to increase user privacy. But the plans have stirred up anger [...]
Analysts: Inflation in focus as BoE delivers monetary policy verdict March 18, 2021 The Bank of England is expected to focus on inflation when it publishes its latest monetary policy decisions at noon, according to analysts. Barret Kupelian, senior economist at PwC, said that vaccine rollouts, GDP data and positive Budget measures will “tilt the balance of risks to the UK economy towards the upside”. “As a result, [...]
Markets bounce back after stuttering start to week March 18, 2021 Crypto AM Daily brings some welcome good news for crypto markets as Bitcoin claws its way back to recent highs.
National Express careers to £380m loss as pandemic forces emergency stop March 18, 2021 Coach firm National Express this morning reported a £381.4m operating loss for 2020 as the pandemic drove its vehicles off the road for months at a time. The FTSE 250 company saw passenger numbers plunge 80 per cent when last year’s initial lockdowns struck, sending profit and revenue tumbling. For the full year, it swung [...]
Morgan Stanley spotlight raises curtain for Bitcoin to give another $60,000 performance March 18, 2021 Bitcoin’s theatre of dramatic ups and downs may have just found the star performer it needs to bring in the crowds as Morgan Stanley announced its crypto stage bow.
Fever Tree maintains fizz as home sales bubble up March 18, 2021 A very strong performance from its off-trade division prevented mixer maker Fever Tree’s revenues going flat this year, the firm said this morning. With the collapse of its hospitality sales – or “on-trade” – division, which historically accounted for 45 per cent of the firm’s revenues, due to the pandemic, the company may have been [...]
