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 [...]
FTSE 100 trades flat as banks lead the biggest fallers February 11, 2021 The FTSE 100 is trading flat this afternoon after the excitement of corporate earnings wore off. Investors had initially been boosted by rose by Astrazeneca’s upbeat quarterly results, which is now trading up 0.8 per cent. Banks are proving to be a drag on the FTSE this afternon which slipped to trade down 0.04 per [...]
KPMG’s embattled chairman: ‘Unconscious bias is complete crap’ February 11, 2021 KPMG UK chairman Bill Michael has been caught on camera describing unconscious bias as “complete crap”, in the same video call he told staff to stop moaning about pandemic working conditions. Earlier this week Michael was forced to step aside from his leadership position at the Big Four firm, after it was revealed he had [...]
Dame Carolyn Fairbairn joins BAE Systems in non-exec role February 11, 2021 City grandee Dame Carolyn Fairbairn has joined BAE Systems as a non-executive director, the defence giant announced today. Fairbairn, one of the Square Mile’s most high-profile figures, was until last year the director-general of the CBI. She has previously held non-exec roles at the CMA, Lloyds Bank, the FSA, and outsourcer Capita. Prior to that, [...]
