Ripple bosses prepare for battle with SEC March 4, 2021 Ripple chiefs Brad Garlinghouse and Chris Larsen are gearing up to battle the US Securities and Exchange Commission with a legal fight that may shape the way cryptocurrencies are regulated in future.
2026 average earnings forecast to be no higher than 2008 level March 4, 2021 Average earnings in 2026 are estimated to be no higher than their 2008 level according to forecasts by the Institute of Fiscal Studies. The findings came as part of the think tank’s response to Rishi Sunak’s budget delivered on Wednesday. As part of his plans, the Chancellor froze the personal allowance on income tax implying [...]
One in five employees still on the furlough scheme March 4, 2021 One in five workers, or around 19 per cent of the UK’s workforce, are still making use of the furlough scheme, according to the latest figures from the ONS. Approximately six million people are still on furlough, the Office for National Statistics (ONS) said, ahead of a gradual reopening of the economy that will, over [...]
M&S Bank to shut 29 branches as it moves services online March 4, 2021 M&S Bank will close 29 in-store branches from this summer after shifting services to online, as the pandemic has made the consumer preference of online banking more apparent. The bank will continue to offer general insurance, savings and loans online and by phone, but will now offer a new card-less payment option. M&S Bank CEO [...]
The Dissident examines Saudi murder of Jamal Khashoggi March 4, 2021 On 2 October 2018, Washington Post journalist Jamal Khashoggi was murdered by agents of the Saudi Arabian government at their consulate in Istanbul. The assassination sent shockwaves around the world, as it came to discover the unthinkable act of a government brazenly killing a writer known for his criticisms of them. What this meant for [...]
Should you pay-per-view £20 for Raya and The Last Dragon? March 4, 2021 The pandemic has forced movie studios to think differently. Paramount sold many films in its 2020 slate to streaming services, while Warner Bros threw everything on to HBO Max. Disney has been more cautious, preserving its mega blockbusters for the big screen while also testing the waters with a pay per view offering of Mulan, [...]
Revolution Bars expects boom in demand as it prepares to reopen 20 sites next month March 4, 2021 Revolution Bars announced this morning that it expects a boom in demand when it is able to resume trading, as it revealed plans to reopen 20 branches when hospitality firms can begin outdoor service next month. The bar chain will reopen 20 sites from 12 April and it is planning to open the rest of [...]
Clean air: City Corporation to become first UK authority to run fully electric refuse truck fleet March 4, 2021 The City of London Corporation will become the first UK governing body to run a full fleet of Electric Refuse Collection Vehicles (ERCVs) following recent successful trials of the new technology. The first of the fleet of five new environmentally friendly trucks have arrived at Guildhall today [4 March] – the City Corporation’s HQ. The vehicles [...]
Is this pendulous bull market swinging close to a knife edge? March 4, 2021 Bitcoin closed at over $50,000 last night for the first time in 10 days, marking another small step down the road in the recovery from last week’s losses.
Apple facing UK competition probe over app store dominance March 4, 2021 Apple is facing a competition probe in the UK over claims the way it treats app developers is “unfair and uncompetitive”. The iPhone maker has been locked in a long-running dispute with app makers including Epic Games, the company behind hit video game Fortnite, over the cut it takes through the App Store and on [...]
