Government must get people back on public transport to drive green recovery, says Go-Ahead boss March 11, 2021 Encouraging people to get back on public transport when the current Covid restrictions are lifted is vital to the government’s net zero plans, Go-Ahead chief executive David Brown has said. Speaking to City A.M., he said that the future of the country’s public transport providers was bound up with “where the government wants to go [...]
Atom Bank valuation set to halve after latest fundraising round March 11, 2021 The valuation of digital lender Atom Bank could halve as it closes its latest fundraising round. Atom announced its £40m fundraising last month claiming it would put it “on the path to profitability in the near term”. But the challenger bank is now close to concluding a round at 60p-a-share, just under half the price [...]
European Central Bank to print money faster as interest rate stays unchanged March 11, 2021 European Central Bank to print more money faster as interest rate stays unchanged
Rolls-Royce joins with Scandi carrier Widerøe to launch all-electric plane by 2026 March 11, 2021 Rolls-Royce has today announced a new partnership with Scandinavian regional carrier Widerøe to develop an all-electric commuter aircraft ready for service by 2026. The 11-seat plane is being designed for initial use in Norway, where extremely short flights are very common due to the country’s mountainous territory. The project is part of Norway’s plan to [...]
UK says China ‘hollows out democratic debate in Hong Kong’ in latest spat March 11, 2021 Foreign secretary Dominic Raab has condemned Beijing parliament’s decision today to impose measures that will assess Hong Kong politician’s loyalty to Beijing. “This is the latest step by Beijing to hollow out the space for democratic debate in Hong Kong, contrary to the promises made by China itself,” Raab said in a statement. “This can [...]
HSBC concedes to investor pressure over climate change March 11, 2021 HSBC has given in to investor pressure by tabling plans to phase out its financing of coal power by 2040, staving off backlash over the bank not being aligned with its climate ‘ambitions’. The bankin giant said today it will retire from funding both coal-fired power and thermal coal mining across the EU by 2030, and [...]
Odey: Intimacy with the young woman ‘might’ve been at the back of my mind’ March 11, 2021 The case involving an indecent assault allegation against city grandee Crispin Odey should come to a conclusion this afternoon, after Odey took to the witness stand this morning to give his recollection of events. Odey appeared at Westminster Magistrates Court today to defend himself against an alleged indecent assault that took place in 1998. Today [...]
Stimulus passes as Bitcoin marches on March 11, 2021 Bitcoin extended its winning streak yesterday, soaring to more than $56,000 before a pullback last night took it back down to just below the $55,000 level, where it is currently trading.
SAS: Red Notice is Outlander star Sam Heughan’s Bond audition March 11, 2021 With Daniel Craig’s final Bond movie on the horizon, it’s that time again where every British leading man fields questions about whether they would like to take over. This week it’s the turn of Outlander star Sam Heughan, who raised the issue in an interview with Esquire Magazine. He’s the right age, has a strong [...]
EU’s ambassador to UK calls for more trust in post-Brexit relationship March 11, 2021 The EU’s ambassador to Britain has today said there needs to be more trust in the UK-EU post-Brexit relationship as rows over vaccines and Northern Ireland rage on. Ambassador João Vale de Almeida told journalists today that “trust is the most important commodity in international relationships” and that “when levels of trust go down you [...]
