Novak Djokovic faces arrest and deportation despite winning visa appeal ahead of Australian Open: Govt considering use of ‘personal power’ January 10, 2022 World number one men’s tennis player Novak Djokovic has won an appeal against a decision to refuse him a visa in the Federal Circuit Court of Australia ahead of the Australian Open. Judge Anthony Kelly quashed the visa cancellation and ordered the Australian Government to pay legal costs and release Djokovic from detention within half [...]
NHS jumps in bed with private sector as Omicron wave forces hospitals to find extra capacity January 10, 2022 Hospitals will be able to use spare capacity in the private sector under a new deal struck with the NHS, while hospitals have been told to find extra beds. The three-month agreement will see private healthcare staff and facilities put on standby to support the NHS should hospital admissions or staff absences due to Covid [...]
Queen’s Platinum Jubilee to be big and bold: Here are the details for this year’s biggest party January 10, 2022 The Queen’s Platinum Jubilee is going to be big and bold this year as Buckingham Palace has unveiled the full programme of events. Celebrations will include the 95-year-old monarch opening her private estates to the public, and some of the world’s biggest stars performing outside Buckingham Palace. It is not clear which events the Queen [...]
Aldi had its best Christmas ever as sales go through the roof January 10, 2022 Aldi has hailed its “best ever” Christmas sales as trading rebounded in December. The discount supermarket chain revealed that sales increased by 0.4 per cent against the same month last year, when sales across grocery stores had been buoyed by lockdown measures across hospitality firms. Aldi claimed figures from research firm Kantar show it was [...]
Majority of small businesses across the UK have no clue what ‘levelling up’ actually means January 10, 2022 More than half of all small firms in the UK have no clue what levelling up the country means for their business, new research suggests. Moreover, a survey of 500 small to medium-sized businesses (SMEs) found that fewer than one in three believed the Government will deliver on its levelling up agenda. Nucleus Commercial Finance [...]
Retailers fighting for every inch of warehouse space as e-commerce boom rapidly increases storage shortage January 10, 2022 A surge in demand for logistics sites in 2021 is increasingly leading to a shortage of warehouse space, according to new data. Experts at real estate advisory firm Colliers said the take-up for large industrial distribution warehouses increased to record annual levels. Around 50.7 million sq ft of large distribution warehouses were snapped up in [...]
All eyes on yields this week after latest job data points to even tighter labour market amid record vacancies January 10, 2022 It was a week of two halves for European equity markets last week, getting off to a flyer in the first three days with the Stoxx600, setting a new record high, along with the CAC40 and the FTSE100 moving above 7,500 for the first time since February 2020. The latter part of the week turned [...]
Morning snapshot: Your Daily Dose of pre-market news January 10, 2022 It’s Monday 10 January. Here is a quick overview of the stories that are making headlines this morning in the UK and around the world. UK POLITICS Cladding: Developers must agree a £4 billion plan to fix dangerous cladding on low-rise flats by early March or risk new laws forcing them to act, Housing Secretary [...]
Exclusive: SIPP godfather John Moret on half a century in the City’s pensions space January 10, 2022 Often referred to as Mr SIPP, or the godfather of SIPP, for his work in developing the self-invested personal pension market, Square Mile insider John Moret is one of the most influential figures in the UK’s pensions industry. He is currently chair of advisory business Intelligent Pensions and a non-executive director of Gaud, a fast growing SIPP [...]
Starting this evening: Londoners should brace themselves for months of tube strikes and travel disruption January 7, 2022 Londoners brace themselves for months of tube strikes which are likely to cause “severe disruption” to night services on weekend evenings until June. Members of the Rail, Maritime and Transport union (RMT) will walk out on Friday and Saturday evenings from this weekend on the Central and Victoria lines in a dispute over rosters. The [...]