One-in-four UK exporters looking to cut out EU customers post-Brexit February 24, 2021 Almost one-in-four British exporters are planning on reducing their activity in the EU or eliminating it out entirely post-Brexit, according to a new survey. A survey from the British Chambers of Commerce/moneycorp showed that 44 per cent of exporters would grow their business in the EU, but that 23 per cent want to “either reduce their activity [...]
Female representation on FTSE boards climbs by 50 per cent, finds Hampton-Alexander Review February 23, 2021 The number of women on boards of the UK’s largest public companies has risen by 50 per cent since 2015, according to a landmark government report. The Hampton-Alexander Review, which was launched five years ago, found that women representation on FTSE 350 boards has risen from 21.9 per cent to 34.9 since 2015. The final [...]
French actor Gerard Depardieu charged with rape: AFP February 23, 2021 French actor Gerard Depardieu is under Judicial supervision after being charged with rape in December 2020
Alex Salmond will not appear before MSPs tomorrow following redacted deposition February 23, 2021 Alex Salmond will not give evidence tomorrow to MSPs who currently investigate how the Scottish government handled complaints against the former Scottish first minister. Initially scheduled to testify tomorrow, Salmond’s decision comes after parliament withdrew and then republished a redacted version of one of the politician’s depositions to the inquiry. Salmond’s lawyers described the parliament’s [...]
Tiger Woods rushed to hospital following car crash, currently in surgery February 23, 2021 Golfer Tiger Woods was rushed to hospital today after sustaining multiple leg injuries in a car crash. Woods is currently in surgery, his agent told Golf Digest, having sustained extensive leg injuries. The crash took place in Los Angeles. According to statement from the Los Angeles Country Sheriff’s Department, the crash took place at around [...]
Elon’s Bitcoin bet hands Jeff Bezos back title of world’s richest person February 23, 2021 Elon Musk is now merely the second richest person alive, after the eccentric entrepreneur’s Tesla ploughed $1.5bn dollars into Bitcoin, which has plummeted in value in recent days. Tesla’s share price has fallen around 25 per cent from its peak, amid sell-off of high-flying technology stocks. Tesla’s fall was compounded still by the fall in [...]
GameStop fiasco: EU regulators to probe zero-commission stock trading February 23, 2021 Steven Maijoor, the chair of the European Securities and Markets Authority, confirmed today his regulatory body is looking into zero-commission trading. Addressing the Committee on Economic and Monetary Affairs of the European Parliament earlier today, Maijoor warned about the “gamification” of investing and stated that trading strategies designed to secure the price of a financial [...]
Facebook and Google duopoly is ‘too powerful’ says CMA boss February 23, 2021 Facebook and Google’s duopoly is too powerful, and the pair have too great a share of the UK online advertising space, CMA boss Andrea Coscelli has said. Speaking to the BBC, Coscelli said he would like to see regulatory changes to deal with their market dominance, but stopped short of saying the giants should be [...]
Shaun Bailey: Mayor’s £70m Good Growth Fund created only 109 jobs since 2017 February 23, 2021 Mayor Sadiq Khan faces criticism from Shaun Bailey over Good Growth Fund which has only produced 109 jobs
PwC US to head to trial over whether it rightly fired a whistleblower February 23, 2021 PwC in the US will go to trial next Monday, in which it will have to defend its audits of two tech companies and that it rightly fired a whistleblower. Former PwC senior manager Mauro Botta has accused audit giant of firing him because he submitted complaints to the Securities and Exchange Commission (SEC) and [...]