Sunak has enough room to scrap national insurance hike, according to top City economists January 25, 2022 Chancellor Rishi Sunak has enough room to scrap the looming national insurance hike to ease the heavy cost of living burden weighing Brits down, according to leading City economists. Bumper tax revenues driven by the UK economy performing much better than forecast has provided the Chancellor with a big enough tax windfall to cancel the [...]
Lufthansa mulls over participation in MSC acquisition of Alitalia’s successor ITA January 25, 2022 German carrier Lufthansa is reportedly deciding whether to participate in the acquisition of Italian airline and Alitalia’s successor ITA with shipping giant MSC. Lufthansa confirmed to Reuters it was in talks with the Swiss shipping company to become a partner in the deal. “We will use the next 90 days to explore all possible options [...]
Companies House to close two ageing online portals in push to make web services more accessible January 25, 2022 Companies House has confirmed that it will close two of its online web portals, with a view to focusing on its main web service. In a statement, Companies House said it would be closing its Companies House Direct (CHD) and WebCHeck services, as it urged users to use its Find and update company information service [...]
Bitcoin rebounds after another day of market turbulance January 25, 2022 After a brutal few days, Bitcoin fell to a fresh low of $33k yesterday morning before seeing a sharp rebound to more than $37k.
Letters: How meta is the metaverse January 25, 2022 [Re: When tech giant becomes gaming giant: Microsoft buys Call of Duty maker Activision Blizzard for a record £51bn, Jan 19] We have seen growth of over 300 per cent in PCT Patent filings for AR/VR technology over five years. This is all the more relevant with news of Microsoft’s acquisition of Activision Blizzard, which [...]
Raising pension age led to record rates of over-65s employment January 25, 2022 The government’s decision to up the state pension age from 65 to 66 has seen higher number of 65-year-olds staying in work than at any point since at least the 1970s. However, poorer people with less education were significantly more likely to stay in work than richer people with university degrees. Becky O’Connor, Head of [...]
Met chief Cressida Dick confirms police will investigate Downing Street parties January 25, 2022 The Metropolitan Police is to investigate allegations of lockdown rule-breaking parties at Downing Street. Scotland Yard’s commissioner Dame Cressida Dick told members of the London Assembly that police will probe claims of parties held at Number 10. It comes after the police force has previously stated it would not investigate retrospective reports of breaches. Police [...]
Short sellers see $114bn surge in gains amid U.S. sell-off January 25, 2022 Short sellers have enjoyed a boom in gains since the start of this year amid a major US stock market sell-off, according to new data.
Umbria Network reveals fast and inexpensive cross-chain bridging for crypto assets January 25, 2022 Umbria has developed a new style of bridge, which offers a much faster and low cost solution to the traditional validator-driven bridging model
Going Dutch: Motorists who open door with wrong hand to be fined up to £1,000 January 25, 2022 Motorists who open their car’s door with the wrong hand will risk being fined up to £1,000. Under the new High Code’s updates – coming into force from Saturday – motorists are forced to use the ‘Dutch Reach’ manoeuvre, which requires drivers and passengers to get out of their cars using the hand “on the [...]
