Central London rental demand suffers sharp drop as fewer workers move to capital February 18, 2021 Demand for London rental properties has plummeted across all areas of the capital, with central neighbourhoods suffering the sharpest drop as fewer people are moving to the city for work. The capital is the only major UK town or city facing a decline in demand, reflecting the shift to working from home that has seen [...]
Airline bosses beg Boris for way out of travel restrictions February 18, 2021 The chief executives of the UK’s largest airlines have come together to call on Boris Johnson to include plans for the restart of international travel in next week’s roadmap for the easing of lockdown. Putting aside their normal rivalry, the bosses of BA, Easyjet, Virgin Atlantic, Ryanair and Tui have today written to the PM [...]
One in four consumer-facing businesses may ditch staff if furlough ends in April February 18, 2021 A quarter of British businesses expect to fire staff if furlough is not extended beyond April, the British Chambers of Commerce said on Thursday. Results from the latest BCC survey on the impact of coronavirus shows how lockdowns have pushed businesses to the brink. Three in every five firms have seen revenue fall in the [...]
PwC: Northern Ireland is the best place to live post-pandemic February 18, 2021 Professional services firm PwC has found that Northern Ireland is the best place to live, compared with the rest of the UK, as people continue to trade cities for the countryside after a year spent at home. Surveying over 4000 people across the country, the firm found that more people in Northern Ireland, than in [...]
Bouygues CEO makes way for ‘new generation’ February 18, 2021 Martin Bouygues is stepping down as CEO of the Bouygues Group, the company confirmed. The CEO and chairman, the son of the French group’s founder, Francis Bouygues, will be replaced by former deputy CEO Olivier Roussat. Bouygues said: “To meet the challenges we face, whether economic, climate-related, social or digital, we wanted to ensure that [...]
Bitcoin surge continues as BNB tears up ranks – is Tether in its sights next? February 18, 2021 Not content with bashing through $50,000 like a gorilla through a birthday cake, Bitcoin continues to surge.
Analysts: ‘Dogged’ Barclays weathering pandemic storm as investment banking arm booms February 18, 2021 Barclays’ investment banking arm is ‘firing on all cylinders’ after posting a record income earlier this morning. The division’s success has helped the bank to soften the financial impact of the Covid-19 pandemic, which hit profits repeatedly in 2020. John Moore, senior investment manager at Brewin Dolphin, deems the success of Barclays’ investment division ‘ironic’ [...]
Dr Ben Goertzel: The crusade against the oligopolies February 18, 2021 SingularityNET CEO Dr Ben Goertzel explains how, once AGI is achieved, it must not fall into the hands of individuals with their own agendas.
Moonpig toasts ‘strongest ever’ trading in run up to Valentine’s Day February 18, 2021 Moonpig, the online greeting card platform that listed on the London Stock Exchange this month, said this morning that it expects to double revenues this year as it toasted its its “strongest ever” trading week ahead of Valentine’s Day. The digital retailer said revenue for the financial year ending 31 April 2021 is expected to [...]
Barclays to keep ‘significant presence’ in Canary Wharf despite pandemic February 18, 2021 Barclays chief executive Jes Staley today insisted the bank will keep a “significant presence” in Canary Wharf despite a shift to home working prompted by the pandemic. Staley last year prompted speculation that Barclays could cut down its office space in the financial hub after he said the outbreak of Covid-19 could make large offices [...]
