Business leaders sound alarm bells as Scotland slides towards new Covid restrictions November 16, 2021 To slow rising numbers of Covid infections across Scotland, first minister is expected to reveal if further coronavirus restrictions, including an extension of Scotland’s vaccine passport scheme. Business leaders, however, have claimed almost two-thirds of firms are opposed to the measures being considered, fearing they could “place thousands of firms and jobs at risk”. A [...]
Tory MP Caroline Nokes and New Statesman journalist accuse Boris Johnson’s father Stanley of touching them November 16, 2021 Stanley Johnson, the Prime Minister’s father, is accused of inappropriately touching a senior Tory MP and a journalist. Caroline Nokes said the elder Johnson forcefully smacked her on the backside and said she has “a lovely seat” in 2003 ahead of him running to be a Tory MP. Johnson declined to comment about her allegation [...]
88 miles north of Glasgow: Western Scotland hit by earthquake November 16, 2021 An earthquake shook Western Scotland in the early hours of today as residents of the region received a bump in the night. A quake with a magnitude of 3.1 occurred just before 2am with its epicentre some 11 miles north-west of the town of Lochgilphead, 88 miles north of Glasgow, the United States Geological Survey [...]
Future of travel special: Pent-up wanderlust, streaming and, of course, a lot of tech November 16, 2021 After three strict lockdowns, the old adage ‘trip of a lifetime’ has never been more appropriate. Nearly two years into the pandemic, constant reminders of how precious life is have inevitably left their mark, bringing an increased awareness of what really matters, which is quite a motivation for many people to stop putting off that [...]
£11.05 per hour in London: 300,000 Brits get pay rise following hike in real living wage November 15, 2021 The new hourly Real Living Wage rate will be £11.05 in London and £9.90 outside the capital from today, increases of 20p and 40p respectively, it was announced. As a result, more than 300,000 workers are set to receive a pay rise as higher rates were announced for the Real Living Wage, a voluntary rate [...]
Exclusive: LSE’s AIM sub-market sees its biggest growth in 15 years November 15, 2021 The AIM market has grown by a net 13 companies in since last year, its largest increase in 15 years with 62 new companies listing on the junior market, according to data that was exclusively shared with City A.M. this morning. Currently, there are 750 companies listed on AIM, which experienced an overall 8 per [...]
Bold move to take on Uber: Bolt to allow London drivers to set their own prices November 15, 2021 In an attempt to tackle driver shortages which have led to longer wait times and increased cancellations across the ride-hailing sector, Uber’s main rival in the capital, Bolt, said this morning it will allow drivers to set their own prices. Drivers often accept journey requests but then reject them after receiving more profitable options, Bolt [...]
Home values dropping: Average house price falls by more than £2,000 November 15, 2021 New figures show this morning that the average price of a home coming to market dipped by more than £2,000 so far this month. Across Britain, the average price tag now stands at £342,401 – £2,044, or 0.6 per cent, less than in October – as sellers seek to attract buyers’ attention ahead of the [...]
Starling Bank CEO: Barclays ‘firmly in our sights’ as we’ll be bigger within five years November 15, 2021 Barclays is firmly on the radar of Starling Bank’s senior management, as the company said it is working to overtake the Canary Wharf-based banking giant in the business banking market within the next five years. The bold predictions come as the digital lending disruptor is getting ready for a stock market float. Starling’s founder and [...]
‘I am truly sorry’: Michael Gove apologises for leaks over Grenfell demolition plans November 15, 2021 Michael Gove, the Housing Secretary, has made an apology for leaked reports about Grenfell Tower being prepared for demolition, and vowed that the tragedy-hit community will be consulted about building’s future. The Sunday Times in September reported that ministers were set to announce the razing of the charred tower, four years after a deadly blaze [...]