‘The government aren’t the experts’: Liberal Democrats vow to push back controversial Pension Schemes Bill
FTSE closes higher and Wall St bounds ahead on $1.9 trillion US stimulus package March 11, 2021 The FTSE 100 pushed slightly higher today as final confirmation of a bumper $1.9 trillion US stimulus package cheered investors. The blue-chip index was up 0.17 per cent at 6,736 points by market close, while the domestically-focused FTSE 250 pushed 0.59 per cent higher. Mining stocks such as Rio Tinto, Anglo American and BHP Group, [...]
Citigroup offers London staff Covid tests as part of back-to-office plan March 11, 2021 Citigroup offers London staff Covid tests as part of back-to-office plan
Police officer arrested in connection with Sarah Everard disappearance taken to hospital March 11, 2021 The police officer arrested in connection with the disappearance of Sarah Everard was taken to hospital for a head injury earlier today. The Met said that he was treated in hospital for the injury, which he sustained in custody, and then was “returned to a police station”. The man, who is in his 40s, was [...]
UK’s Covid-19 death toll passes 125,000 March 11, 2021 The UK’s official Covid-19 death toll passed 125,000 today, according to data from Public Health England.
Rishi Sunak not interested in setting debt-GDP ratio target for UK March 11, 2021 Rishi Sunak has said today that his fiscal policy decisions will not be guided by a target debt-GDP ratio and that he would instead look to other indicators to measure the nation’s finances. The chancellor has spent more than £400bn during Covid-19, including a planned £65bn over the next year to stimulate the economy, pushing [...]
Credit Suisse execs ‘overruled’ risk managers on Greensill loan March 11, 2021 Senior Credit Suisse executives reportedly approved a $160m loan to beleaguered finance firm Greensill Capital despite concerns raised by the bank’s risk managers. London-based risk managers at the Swiss bank rejected the loan before chief risk and compliance officer Lara Warner signed off on the loan in October, according to the Financial Times. “There is [...]
Binance appoint former US Senator to ‘government and regulatory’ role March 11, 2021 Former US Senator Max Baucus has appointed to a to ‘government and regulatory’ role with crypto exchange Binance.
Glencore chairman Tony Hayward to step down March 11, 2021 Glencore chairman Tony Hayward today confirmed that he would step down from the role before next year’s annual general meeting. The former BP chief executive will remain in the role while the mining giant handles the departure of long-term chief executive Ivan Glasenberg. Back in December the FTSE blue-chip said that Glasenberg would step down [...]
Consumer business leaders to ramp up cost-cutting measures this year, survey finds March 11, 2021 The economic pain caused by the pandemic is set to continue in the consumer business sector, as most bosses said they will continue to cut costs for the foreseeable future. Research showed that 73 per cent of chief executives and chief financial officers are planning to ramp up cost reduction programmes this year due to [...]
DEBATE: Should exams be scrapped completely? March 11, 2021 Robert Halfon, MP for Harlow and Chair of the House of Commons Education Committee says NO In normal times, I visit schools from Harlow to Hull. Most students I meet want examinations. It is not hard to understand why. As Ofsted said to our Education Committee, exams provide structure and a sense of achievement. Ofsted [...]
