‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
BBC World News banned in China in broadcast retaliation February 11, 2021 BBC World News has been banned from airing in China in an apparent act of retaliation after the UK withdrew the licence of the country’s state broadcaster. China’s National Radio and Television Administration (NRTA) today said it was pulling the service off air due to “serious content violations”, CGTN reported. The regulator claimed the BBC [...]
Sadiq Khan is yet to meet half of his 2023 housing target February 11, 2021 Sadiq Khan has started less than half of the affordable houses he promised to build by 2023, new figures have revealed. Khan was given £4.82bn in 2016 by central government to build 116,000 affordable homes by 2022, however figures from the Greater London Authority show City Hall has only begun 56,239 as of December. The [...]
Big tech must do more on financial fraud, Starling boss says February 11, 2021 The chief executive of Starling Bank, Anne Boden has accused social media platforms of supporting financial fraudsters. “A vast number of people in the world at present are being scammed… some of that scamming is being supported by big tech because they’re hosting these scams,” Anne Boden said. “The world is moving faster and [...]
Hotel quarantine: What do the new rules mean for arrivals travelling to London? February 11, 2021 Hotel quarantine: What do the new rules mean for arrivals travelling to the UK border?
Cannabis rally goes up in smoke as shares plummet February 11, 2021 Cannabis stocks gave up its earlier highs on Thursday afternoon with leading US firms plummeting between 20 and 40 per cent. Cannabis stocks were among the most traded by German retail investors this morning, as a buying frenzy that has lit up the sector intensified. Tilray was the most traded stock on German trading platform [...]
French government scraps plans for expansion of Charles de Gaulle airport February 11, 2021 The French government has today scrapped plans for a major expansion at Charles de Gaulle airport due to climate change concerns. According to an interview given by a French minister to Le Monde, the €9bn expansion was “no longer aligned with environmental policy”. The development would have increased the capacity of Europe’s biggest airport by [...]
Mail on Sunday loses privacy case against Meghan Markle February 11, 2021 The Mail on Sunday has lost its privacy case against Meghan Markle after it printed extracts of a letter she sent to her estranged father. A judge at the High Court today granted Markle a so-called summary judgement in her case against Associated Newspapers, part of Daily Mail and General Trust. The Duchess of Sussex [...]
Bitcoin bounces as BNY Mellon embraces cryptocurrencies February 11, 2021 Bitcoin soared to a fresh high after validation from one of Wall Street’s oldest banks BNY Mellon. The cryptocurrency jumped past $48,000 and is now trading up nearly seven per cent to $47,746 following the latest mainstream acceptance of bitcoin. BNY Mellon said it will hold, transfer and issue cryptocurrencies on behalf of its asset [...]
HS2: Next phase of controversial rail link gets green light February 11, 2021 The next phase of the controversial HS2 rail link has today been approved by MPs. Lawmakers gave Royal Assent to phase 2a of the project, which connects Birmingham to Crewe. It will be built simultaneously with phase 1 of the rail line from London to the West Midlands. An additional 5,000 jobs will be supported [...]
Out with the old: Time to reform the legal profession for the benefit of all sides February 11, 2021 It may seem like an odd time to be thinking about reforming the way lawyers work, but if so much can change because of a pandemic, why shouldn’t the post-Covid era be a period of reform and progress? This year will be the first in which the UK’s ability to compete in the global professional [...]
