‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Remote working ‘could cost UK economy up to £95bn a year’, report finds February 4, 2021 Remote working could cost the UK economy up to £95bn a year, according to a new report analysing the benefits of office environments. Research commissioned by commercial landlord Landsec found that face-to-face working boosts productivity and innovation and sparks investment in residential and commercial property, business events, meetings and travel. The report found that the [...]
FTSE firms ‘woefully inadequate’ at climate risk disclosure, sparking greenwashing fears February 4, 2021 The overwhelming majority of top listed companies in the UK are “woefully inadequate” at disclosing in corporate reporting how climate change will affect their business – with many potentially breaching the law. More than 90 per cent of companies’ financial accounts and associated audit reports made no reference to climate-change related factors, despite UK law [...]
Airport hotel chain still ‘in the dark’ over new UK quarantine plans February 4, 2021 Britain's biggest airport hotel chain has been "kept in the dark" over how the government's hotel quarantine policy for arrivals will work, a week on from its announcement.
DeFi Bursts onto the Finance Scene – What is it and why does it matter? February 4, 2021 DeFi was around in 2017 and was niche with a few people experimenting in 2019. Some had heard of it, but few people even understood what it was and its ramifications. The second half of 2020 was marked by a DeFi boom, and the total value locked in DeFi contracts surged 40x to $24 billion [...]
Unlocking the global economy whilst meeting green commitments is entirely doable February 4, 2021 The pause in economic activity brought about by Covid-19 has accelerated social and economic trends that were already underway, such as remote working, but it has also seen massive support to reconfiguring the world in a greener and leaner model when productivity levels accelerate again. If anything, this pandemic is largely a consequence of a [...]
How to host the perfect evening this Valentine’s day February 4, 2021 This will be the first year in over a decade I won’t be working in a restaurant this Valentine’s day. For hospitality professionals it’s the most dreaded day in the calendar for so many reasons – it’s the first busy day of the year, restaurant owners cram in as many tables of two as possible. [...]
Freshfields to take on students from racially diverse and poorer backgrounds February 4, 2021 Magic circle law firm Freshfields will take on hundreds of students from lower socio-economic and racially diverse backgrounds, in a push to promote social mobility and racial equality in professional careers. For the next three years Freshfields will take on 100 students per year, aged 16 – 17, as part of a UK-wide programme to [...]
Four in five UK nightclubs will collapse within a month, industry warns February 4, 2021 The UK clubbing scene is on the brink of “extinction” with the vast majority of venues unlikely to survive past the end of the month without government support, the industry has warned. A damning report released by the Night Time Industries Association (NTIA) today laid bare the devastating impact of the pandemic on British nightclubs, [...]
Revenue and profit fall at BT as coronavirus continues to hit telecoms giant February 4, 2021 Revenue at BT was down to £16bn in the first nine months of the financial year, a seven per cent drop that the telecoms giant put primarily down to coronavirus. Profit at BT for the nine months to 31 December fell by 17 per cent, to just under £1.6bn. Investors hung up on the company [...]
Scottish rocket company to clean up space debris from 2023 February 4, 2021 The UK could become a world leader in tackling space debris after successful trials of a ‘space tug’ align with a new UN space initiative, the Scottish rocket company behind the development said today. Skyrora said that its orbit transfer vehicle, part of its Skyrora XL rocket, could clear debris, reposition satellites and remove redundant [...]
