Nissan GT-R Nismo review: Gran Turismo for the road February 16, 2021 The Nissan GT-R Nismo is the ultimate evolution of the car nicknamed ‘Godzilla. It boasts 600hp, carbon panels and a £180,000 price tag.
Glencore reinstates dividend after slimming down debt February 16, 2021 Glencore today said it will reinstate its dividend for the full year after improved second-half trading helped the mining giant trim its debt pile. The London-listed firm, which last year slashed its dividend in a bid to reduce debt, has proposed a payout of $1.6bn (£1.1bn) for 2020, or $0.12 per share. It follows an [...]
Countrywide shareholders approve £223m Connells takeover February 16, 2021 Shareholders of estate agent chain Countrywide last night approved a takeover offer from rival firm Connells, valuing the company at around £223.1m. Countrywide, which owns high street estate agent brands including Bairstow Eves and Hamptons, said 99.58 per cent of scheme shares backed the proposals, while just 0.42 per cent opposed the deal. In December [...]
IFS urges Rishi Sunak not to raise taxes in March Budget February 16, 2021 Rishi Sunak’s March Budget should announce “well targeted” extensions to current emergency Covid support measures and avoid any tax rises, according to one of the UK’s largest economics think tanks. The Institute for Fiscal Studies (IFS) will today urge the chancellor in an online event to “secure the UK’s economic recovery” and “set out plans [...]
Eurosceptic politicians form new post-Brexit City lobby group February 16, 2021 A group of Eurosceptic City figures and politicians have created a new UK financial services lobby group in a bid to trumpet the sector’s success post-Brexit. The body, launched yesterday, is called the CityUnited project and it aims to “combat and negate the EU’s actions” by “promoting bold new initiatives to exploit the UK’s expertise in [...]
Government report calls for regulations bonfire to give UK a ‘post-Brexit dividend’ February 16, 2021 The UK should slash regulation and overhaul the competitions authority to give the economy a post-Brexit boost, according to a report commissioned by the government. The report, written by Tory MP John Penrose, calls for the government to create a “Brexit dividend” by “replacing bureaucratic EU rules with modern, digital equivalents”. Penrose’s report, commissioned by [...]
Tickets go on sale for second virtual London Marathon February 16, 2021 Tickets go on sale for second virtual London Marathon
Gamestop saga is a good argument for the possibilities of crypto February 16, 2021 As Gamestop stock fell back to earth after a precipitous rise, it marked an end to the biggest short squeeze in 25 years, which for a time transferred substantial wealth from Wall Street to Main Street. But the saga has left a lasting legacy in the markets, exposing how current financial ecosystems are fundamentally skewed [...]
Monzo: Banks should play their part in tackling problem gambling February 16, 2021 Online gambling has long been on the rise in the UK – and with casinos and betting shops shut due to lockdown, consumers have turned more to their phones and laptops in order to gamble. Last year, the Gambling Commission shone a light on the fact that regular gamblers had upped their betting during lockdown, [...]
New WTO boss Ngozi Okonjo-Iweala: Vaccine nationalism will erode global rebound February 15, 2021 New WTO boss Ngozi Okonjo-Iweala: Vaccine nationalism will erode global rebound
