The Great Frost of Covid-19 will pass – and Britain’s economy will heat up February 17, 2021 The Great Frost of 1709 has been in the news this week, quite possibly for the first time since 1709 itself. According to Bank of England estimates, this was the last time that GDP fell by more in a single year than it did in the Covid year we have just had. The Office for [...]
Greening the economic recovery is vital for the UK’s long-term prosperity February 17, 2021 The decisions we make in the coming weeks and months on how the UK economy recovers from covid-19 will shape our economy for decades. It is crucial that we start to phase-out carbon intensive industries and lock-in clean, green innovation. The Covid-19 pandemic has brought into sharp focus what happens when humans disrupt natural systems [...]
More than a third of UK small businesses pushing to trade overseas in 2021 February 16, 2021 More than a third of UK small businesses are likely to trade overseas this year, according to a YouGov survey. Lawbite surveyed 791 small businesses and found that 38 per cent are planning to trade overseas this year, which would equate to a market size of 2.28m firms. However, despite the effects of Brexit border [...]
UK companies ‘more distressed’ than European rivals, Moody’s finds February 16, 2021 UK has the highest number of distressed companies in Europe, according to data from Moody’s
Sadiq Khan to keep London rent control policy in election manifesto February 16, 2021 Sadiq Khan is set to keep his trademark rent control policy as a key part of his mayoral election manifesto, despite London’s plummeting rental prices. The mayor of London will double down on his call for central government to hand him powers to implement a cap on rents in London if he wins the May [...]
Hong Kong Racing Tips: Frankie Lor’s belated birthday celebrations ready to Peak February 16, 2021 ANTICIPATE trainer Frankie Lor celebrating a belated birthday present when he saddles improving PEAK TO PEAK in the Mut Wah Handicap (12.15pm) over six surlongs. Lor’s birthday coincided with the Chinese New Year racing at Sha Tin on Sunday, but the former assistant to John Size had to make do with his performer Right Choice finishing runner-up [...]
Hong Kong Racing Tips: Ho Ready to Conquer all February 16, 2021 BETTORS must have been on good terms with themselves following the results of the Chinese New Year meeting at Sha Tin on Sunday. On what is the biggest turnover day of the Hong Kong racing calendar, with a record £180 million bet, the majority of winners were well supported, leaving punters in good spirits for [...]
Markets respond after Bitcoin pierces $50,000 to reach new all-time-high February 16, 2021 Crypto markets were catapulted into a frenzy today after Bitcoin briefly nudge over $50,000 to set a new all-time-high.
Hong Kong Racing Tips: Purton has Two Size-able chances at the Valley February 16, 2021 PUNTERS must be rubbing their hands with anticipation as the unusual combination of trainer John Size and jockey Zac Purton team up on a highly-competitive nine-race programme at Happy Valley on Wednesday. This is a rare occurrence which has only happened twice this season, with Size and leading jockey Joao Moreira normally glued together throughout [...]
Peter Hargreaves to sell £300m worth of shares in Hargreaves Lansdown February 16, 2021 The co-founder of Hargreaves Lansdown, one of the UK’s largest financial services firms, has announced he is selling £300m worth of shares in the company. Peter Hargreaves, the largest shareholder in the firm he set up in 1981, will sell the shares through an accelerated bookbuild offering to institutional investors. Barclays, which is acting as [...]