Queen replaced by Rihanna as national hero as Prince Charles witnesses Barbados becoming a republic November 30, 2021 As Barbados’ first president was sworn in, superstar Rihanna was made a national hero as her celebrated becoming a republic. Barbados Prime Minister Mia Mottley surprised the invited guests when she said her government had recommended the celebrity be made a member of the Order of National Heroes. Rihanna, who grew up in the island [...]
Omicron optimism: Covid anxiety attack on the financial markets shows signs of alleviating November 29, 2021 The anxiety attack on the financial markets shows signs of alleviating, as investors pause for breath and spot signs of optimism while scientists race to establish the severity of the new variant. The FTSE 100 opened up 1 per cent in early trading, recovering some of Friday’s dramatic losses and the FTSE 250 was 1.5 [...]
Hammerson reveals it hopes to pocket more than £140m from sale of Silverburn shopping centre November 29, 2021 Retail property giant Hammerson is in talks over the sale of the Silverburn shopping centre near Glasgow for around £140m. Shares in the company moved higher on Monday after it confirmed talks over the disposal of the site, which is a 50-50 joint venture Hammerson holds with the Canada Pension Plan Investment Board (CPPIB). Silverburn, [...]
Powered by Darktrace and Wise: IPOs in UK jump 310 per cent in a year with 113 companies listing in London November 29, 2021 The number of initial public offerings (IPOs) on the UK stock market has jumped over 310 per cent in a year, with 113 companies listing in 2020/21 compared to just 36 in the previous 12 months, according to new data shared with City A.M. this morning. The market value of the companies listing has also [...]
Gambian ambassador found guilty of withholding pensions information from TPR and ordered to pay £80k November 29, 2021 An ambassador has been ordered to pay more than £80,000 after being found guilty of withholding information from The Pensions Regulator (TPR). Vincent Bootes was tried in his absence at Brighton Magistrates’ Court late on Friday in a prosecution brought by TPR over allegations he failed to comply with two notices issued under section 72 [...]
Nissan bets heavily on electric cars as it pours £13.2bn into 23 new models with key role for Sunderland plant November 29, 2021 Car giant Nissan said this morning it plans to spend more than £13bn on developing electric vehicles. At a news conference in Japan the car manufacturer, which has a major plant in Sunderland, revealed it will develop 23 new electric models by 2030. By that time, the firm aims for half of its global output [...]
D-day for Jeffrey Epstein’s ex-girlfriend Ghislaine Maxwell as sex trafficking trial begins in New York City November 29, 2021 The sex trafficking trial against disgraced financier Jeffrey Epstein’s ex-girlfriend Ghislaine Maxwell is set to begin in New York. The British socialite denies recruiting teenagers who were not yet adults for Epstein to sexually abuse from 1994 to 2004. Maxwell, the daughter of late media mogul Robert Maxwell, has been in a US jail since [...]
Former Yorkshire Building Society chief Mike Regnier becomes Santander UK’s new CEO November 29, 2021 Santander UK announced this morning that Mike Regnier will become the bank’s new chief executive officer.. Regnier joins Santander from Yorkshire Building Society, where he has been CEO since 2017 and prior to that Chief Commercial and Chief Customer Officer. Santander said in a statement he has over 25 years’ financial services and retail experience [...]
Markets digest Omicron: After worst equity day of the year on Friday, we are in for a bumpy ride this week November 29, 2021 The wider question with respect to Friday’s market collapse and the worst day for equity markets this year, as well as the 13 fall in oil prices, is not so much as to whether it was justified or not, but whether it marks a sea change in market sentiment when it comes to the economic [...]
Davis Cup: Feliciano Lopez’s heroics in vain as Russian defeat helps Novak Djokovic’s Serbia reach quarter-finals November 29, 2021 Feliciano Lopez’s heroics were in vain as the Russian Tennis Federation eliminated holders Spain from the Davis Cup Finals and helped Novak Djokovic’s Serbia reach the quarter-finals. Forty-year-old Lopez, now ranked 106, thrilled a partisan crowd in Madrid by beating world number five Andrey Rublev 2-6 6-3 6-4 to give Spain hope of making the [...]
