NatWest to launch first eco-friendly loans as part of new £100bn green funding pot October 13, 2021 NatWest said this morning it plans to bring £100bn to green funding to the market by the end of 2025 and the City bank will also roll out its first eco-friendly business loans. The bank stressed its strategy is to help small firms capitalise on the drive to tackle climate change. The pledge sees the [...]
Alibaba founder Jack Ma mysteriously reappears in Hong Kong after a year October 13, 2021 Alibaba Group founder and Chinese billionaire Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong and has met business associates in recent days, two sources told Reuters. Watch the full report.
Right tax cuts will boost UK economy and unlock SME investment, says City investor October 12, 2021 Prime Minister Boris Johnson recently refused to rule out further tax rises, calling the pandemic a “fiscal meteorite”. Speaking at the Tory Party conference in Manchester, the Prime Minister praised the UK’s economic recovery which is so far ahead of other G7 nations. Meanwhile, Jacob Rees-Mogg highlighted that the country was already at the “upper [...]
Both auctioneer and bidder: Fire chief snapped up brigade’s £13k Land Rover for £500 October 12, 2021 Birmingham Crown Court was told today how fire chief Stewart Edgar bought one of his own brigade’s Land Rovers, which had new tyres that alone were worth more than the £500 he paid for it. The chief fire officer acted as “both auctioneer and bidder” to fraudulently buy the luxury car, after dishonestly turning down [...]
Maersk starts deviating cargo ships away from UK as containers can no longer be unloaded October 12, 2021 Maersk has started rerouting several of its container ships away from Felixstowe because of a backlog of containers in the UK. The Danish shipping giant said it plans to unload its ships elsewhere in Europe before using smaller vessels to finally get deliveries to the UK, according to the Financial Times. Lars Mikael Jensen, head [...]
Meghan: Harry dying to become investor ‘for years’ as £100m Netflix couple takes on new finance role October 12, 2021 Harry and Meghan are increasingly diving into the world of finance, as the Duke and Duchess of Sussex have become “impact partners” and investors at sustainable investing firm Ethic. Meghan said: “From the world I come from, you don’t talk about investing, right? You don’t have the luxury to invest. That sounds so fancy.” She [...]
Better late than ever: Trial begins over 1987 killing of Africa’s ‘Che Guevera’ October 12, 2021 The trial of 14 people over the 1987 assassination of Burkina Faso’s former president Thomas Sankara began in the capital Ouagagdougou on Monday, with Sankara’s widow Mariam saying she hopes that the truth will emerge. Watch the full report.
BREAKING: Tsunami alert for thousands of holidaying Brits in Greece after earthquake October 12, 2021 Thousands of holidaying Brits and even more Greek locals are being urged this afternoon to stay away from the beach in Crete as authorities issued a tsunami alert following an earthquake earlier this afternoon. A strong earthquake has jolted the Greek island of Crete, three weeks after another quake killed a man on the island [...]
M&A cash: Uncertainty and reduced leverage capacity make it harder to finance takeovers October 12, 2021 One of China’s biggest property developers, Evergrande, has come under mounting pressure in recent weeks to repay investors and bond holders on the back of three missed payments on over $300bn of liabilities. This potential default has triggered fears across global markets that investors will not get their money back. It has also had an effect on [...]
95-year old Queen uses walking stick for first time while attending Westminster service October 12, 2021 The 95-year-old Queen was handed the stick after stepping from her state limousine for a Westminster Abbey service this morning, and appeared to be moving freely as she walked to her seat for the start of the service. She used the stick again as she left. It is believed to be the first time she [...]
