Prince Harry wins ‘substantial damages’ and apology over Mail article February 1, 2021 Prince Harry has been awarded “substantial damages” and an apology over a Mail on Sunday article that claimed he had turned his back on the military after stepping down as a senior royal. The Duke of Sussex sued Associated Newspapers, part of DMGT, for libel over two articles published in October that said he had [...]
The City will be back – but in the meantime, it’s test, test, test February 1, 2021 The importance of redoubling our efforts to tackle the spread of this virus was underlined by the UK passing a tragic milestone of 100,000 deaths from COVID-19 last week. This is a trying time for us all but the quicker we can reduce the rate of infection, the quicker we can return to a semblance [...]
After Brexit border backdown, the EU in new push with Astrazeneca to get more vaccine deliveries February 1, 2021 Talks between Astrazeneca and the European Commission will continue, despite strains, so that the bloc can recieve more of the pharmaceutical's Covid-19 vaccine before the end of March.
The New European bought by consortium of media veterans February 1, 2021 A consortium of media executives including former BBC director general Mark Thompson and ex-Financial Times editor Lionel Barber have led a buyout of weekly magazine the New European. The anti-Brexit title, founded in the aftermath of the referendum in 2016 on an initial four-week print run, was owned by regional publisher Archant. The takeover is [...]
First-time investors push profits higher at Hargreaves Lansdown February 1, 2021 A surge in younger investors investing for the first time have helped push up profits at the UK’s largest investment platform Hargreaves Lansdown. Hargreaves Lansdown reported a 10 per cent increase in pre-tax profit in the six months to December, to £188.4m, compared with the same period a year earlier. Net new business was up [...]
Eaton buys Cobham air refueling arm for $3bn as Advent sell-off begins February 1, 2021 Engineering firm Eaton today announced that it would buy Cobham’s air-to-air refueling arm for $2.8bn (£2bn). The deal values Cobham Mission Systems at about 14 times its 2020 earnings. US private equity firm Advent bought Cobham last year and proceeded to split it into nine divisions, of which Mission Systems was one. Opponents of the [...]
UK mortgage approvals reach highest level since 2007 February 1, 2021 The number of mortgage approvals reached their highest level since 2007 last year as buyers took advantage of the stamp duty holiday. The housing market remained resilient in the face of volatility and essential closure of the market during the first lockdown. There were 818,500 mortgage approvals over 2020, up from 789,100 the previous year, [...]
Covid testing push in Surrey after South African variant found with no travel links February 1, 2021 Residents in Woking, Surrey will be offered coronavirus tests after two people in the community tested positive for the South African variant, with no travel links to South Africa. Households in the Goldsworth Park and St Johns areas of Woking will be visited and requested to carry out a Covid-19 test – regardless of whether [...]
EU watchdog wants Apple to pay €13bn in back taxes after all February 1, 2021 EU competition enforcers are filing to overturn a verdict which they claim was a legal mistake when it abandoned an order for Apple to pay €13bn (£11.46bn) in Irish back taxes. The decision forms part of the European Commission’s clampdown on ‘aggressive’ tax planning by multinationals. The Commission said in 2016 that two Irish tax [...]
High and dry: London medical cannabis company enters administration February 1, 2021 London-based pharmaceutical company Senzer has entered administration, after failing to get enough backing to float on the Alternative Investment Market. Professional services firm Begbies Traynor has been appointed administrator of Senzer, which entered administration in early January. Senzer developed and manufactured respiratory devices for medical cannabis use. Its core product was a breath-activated inhaler that [...]
