Brexit: Drop in UK-EU trade hits smaller businesses as they are forced to shun exports October 19, 2021 A fall in trade between the UK and EU shows UK small and medium sized enterprises are increasingly shunning EU exports. The latest data from the Office for National Statistics shows a second consecutive monthly fall in trade, with the effects of Brexit and the global pandemic resulting in the total exports of goods, excluding [...]
What’s in a name: Rapper formerly known as Kanye West legally turns into Ye October 19, 2021 Meet Ye, the rapper, music producer and clothing entrepreneur you may know under the name Kanye West. A court allowed the entertainer to legally change his name. A Los Angeles judge last night approved the request to change his name from Kanye Omari West to just Ye, with no middle or last name. “There being [...]
Drink up for £6 in London: Price of a pint of beer to jump by 30 pence October 19, 2021 The price of a pint of beer is reportedly set to jump by 30 pence even before any duty increases are announced in the Budget as rising costs are passed on to consumers. More than eight in 10 pubs have raised prices or plan to do so because of rising costs, including those caused by [...]
‘No Sino-phobes’: UK will not ‘pitchfork’ business from China despite Hong Kong and human rights October 19, 2021 Boris Johnson has told the Chinese business community the UK has no intention to “pitchfork away” investment from China despite ongoing differences with Beijing over human rights and Hong Kong. Ahead of the Global Investment Summit in London, later today, the Prime Minister said China would continue to play a “gigantic part” in UK economic [...]
Markets today: Europe set for a modest rebound as Asia markets bounce back October 19, 2021 Not a particularly great start to a new week yesterday for markets in Europe, but having just come off the back of three days of strong gains at the end of last week, markets were probably overdue a bit of a pullback. The big question for CMC chief market Michael Hewson, chief market analyst at [...]
Exclusive: City investors know regulation is on the horizon for buy now pay later firms October 19, 2021 The Buy Now Pay Later sector (BNPL) has seen a surge of activity since the start of the pandemic as consumers turned to online shopping and welcomed the option to purchase trending items of clothing, beauty products and other goods without parting with all of their cash up-front. More and more BNPL options, including Klarna [...]
Abuse in British politics: MPs open up about death threats following Sir David Amess tragedy October 18, 2021 Dozens of MPs have opened up about the often frightening and bizarre experiences of receiving death threats as they paid tribute to Sir David Amess in the wake of the Conservative backbencher’s murder on Friday. Justice Secretary Dominic Raab spoke of having received at least three threats on “life and limb” in the past two [...]
Covid cancellations: CMA launches probe into Teletext over package holidays October 18, 2021 The Competition and Markets Authority (CMA) said it has launched court action against Teletext Holidays over inadequate progress on refunding package holidays for trips cancelled due to the coronavirus pandemic. CMA chief executive Andrea Coscelli said: “Companies must abide by consumer protection law and treat their customers fairly. “After engaging with Teletext Holidays extensively, we [...]
Law student died only weeks after calling his GP about a lump on his neck October 18, 2021 The family of law student David Nash believe there were missed opportunities to spot a treatable infection which led to his death because he was not given a face-to-face GP appointment. Here is the sequence of events in the three weeks between his first GP appointment and his death, according to his parents, Andrew and [...]
Nightclubs warn shortage of bouncers can turn into ‘threat to public safety’ October 18, 2021 Nightclubs are urgently calling for Government intervention to a worsening shortage of bouncers which industry bosses say could become a “threat to public safety”. The Night Time Industry Association (NTIA) said last month that one in five night-life and hospitality businesses closed or reduced operating hours due to a shortage of security staff. However, it [...]