Greenpeace paragliders land on ECB roof in climate finance protest March 10, 2021 Climate activists flew on top of the European Central Bank on Wednesday to hang a banner which accused the bank of funding polluters. Two Greenpeace activists flew over Frankfurt’s Main river to display a banner that demanded the ECB “stop funding climate killers”. The protest followed a think tank report which argued that the ECB’s [...]
Quilter reports dip in profits and warns Lighthouse redress bill could hit £36m March 10, 2021 Shares in Quilter are up more than seven per cent this morning even after the wealth manager reported a fall in 2020 profit. Profit before tax for the year ended 31 December 2020 came in at £168m, down from £182m the year before. Quilter Investors saw net inflows drop 40 per cent from £500m to [...]
DLT may not be the silver bullet, but it’s worth a shot March 10, 2021 Lord Holmes of Richmond MBE delivers the third installment of his five-piece analysis of the government's Financial Services Bill.
UK regulators unveil ‘joined-up’ approach ahead of Big Tech crackdown March 10, 2021 Three major UK watchdogs have outlined their “joined-up” approach to digital regulation this morning as authorities prepare to crack down on Big Tech. The Digital Regulation Cooperation Forum (DCRF), which includes Ofcom, the Competition Markets Authority (CMA) and the Information Commissioner’s Office (ICO), today unveiled its first annual plan for co-ordinating new regulation across online [...]
Wagamama owner The Restaurant Group taps investors for £175m March 10, 2021 The Restaurant Group, which owns Japanese-inspired chain Wagamama, is preparing to tap investors for £175m. The firm said this morning that capital raise will be used as a buffer in case of a resurgence of the Covid-19 pandemic and also allow it to expand its Wagamama brand and pubs business. Restaurant Group said it expects [...]
AgriDex selects L3COS and tokenisation for $9 trillion global food and agriculture marketplace March 10, 2021 Global food and agriculture industry supply chain platform AgriDex has selected L3COS to create its blockchain-based transparent marketplace.
Balfour Beatty reinstates dividend and repays furlough cash despite shrinking profits March 10, 2021 Balfour Beatty today reinstated its dividend and said it would repay the £19m claimed under the government’s furlough scheme after the construction industry began to recover from the coronavirus crisis. The London-listed infrastructure firm said it will pay a dividend of 1.5p for the year ended 31 December 2020, after scrapping its interim shareholder payout [...]
Foxtons revenue rebounds in 2021 after lockdown hit London sales and lettings last year March 10, 2021 London estate agent Foxtons this morning said revenue had boomed at the beginning of this year as the market continued to be buoyed by pent-up demand and the stamp duty holiday. Foxtons said revenue for the first two months of 2021 is “well ahead” of both last year and 2019, with the sales commission pipeline [...]
How Asian stock markets shook off the pandemic March 10, 2021 It seems ancient history now, but 2020 opened with a high degree of optimism for Asian markets. True, valuations were no more than reasonable given the share price gains of the previous twelve months, but conditions appeared favourable and there was a widespread consensus on a global economic recovery and a strong year ahead for [...]
Serving Met Police officer arrested over disappearance of London woman March 10, 2021 A serving Metropolitan Police officer has been arrested over the disappearance of Sarah Everard, a 33-year-old woman who was last seen a week ago. Everard was last seen at 9:30pm on Wednesday 3 March, when she walked home from a friend’s house in Clapham, South London. In a statement, Assistant Commissioner Nick Ephgrave called the [...]
