“Ludicrous” management of roads is suppressing mobility say hauliers October 20, 2021 Duncan Buchanan, director of policy at the Road Haulage Association (RHA), has told a Transport select committee hearing that local congestion rules such as low emission neighbourhoods are the main barrier for hauliers. “It starts to look as a punishment for something you should be able to do,” said Buchanan when talking about the need [...]
Sajid Javid warns Covid cases could hit 100,000 a day during winter October 20, 2021 Sajid Javid has warned Covid-19 cases could hit 100,000 per day this winter as he declares “the pandemic is not over”. The health secretary said at a press conference that the government would not be implementing more Covid-19 restrictions through its winter Plan B “at this point”, but encouraged people to meet outdoors where possible [...]
Evergrande’s plans to offload property unit fall through as default deadline looms October 20, 2021 Embattled Chinese property giant Evergrande’s plans to offload half of its property services unit have fallen through. The deal, which would have raised $2.6bn to pay off its creditors, collapsed after Evergrande decided the purchaser had not met the terms to make an offer. Evergrande was once China’s top-selling developers. But, after years of piling [...]
UK signs deals for two new Covid-19 antiviral treatments October 20, 2021 The UK has signed deals to secure two potential antiviral Covid-19 treatments, which could see thousands of patients treated with the drugs by winter. Health secretary Sajid Javid today announced the two drugs, if approved by the UK’s medicines regulator, will be given to those most at risk of dying from Covid-19 to help “reduce [...]
SFO arrests flight-risk suspect of car-leasing investigation October 20, 2021 The Serious Fraud Office (SFO) has arrested a suspect that was being investigated as part of an ongoing enquiry into the Raedex Consortium, which includes companies such as Buy2Let Cars and Paygo Cars. Considered a flight-risk, the suspect was apprehended with the help of the Surrey Police and is being questioned by SFO officers. Today’s [...]
New CEO appointed at nChain October 20, 2021 Blockchain architect nChain has appointed Hakan Yuksel as Chief Executive Officer at the company headquarters in Zug, Switzerland.
UK banks’ earnings season is tough one to call October 20, 2021 Wall Street’s biggest banks have reaped the rewards of a booming deal environment, the release of loan loss reserves and swelling deposits. Goldman Sachs, Bank of America and JPMorgan all flexed their muscles as they kicked off US earnings season last week. Now, it is the turn of their British pretenders, starting tomorrow with the [...]
Mysterious Ma: Billionaire Alibaba founder spotted in Spain October 20, 2021 The billionaire co-founder of Alibaba, Jack Ma, has been spotted in Spain in reportedly his first trip abroad since he butt heads with hawkish Chinese regulators. The reports of Ma being alive and well, and seemingly not banned from leaving China, triggered Alibaba’s Hong Kong-listed shares to jump 6.7 per cent on Wednesday – their [...]
Bitcoin price sprints past $66,000 to new all-time high October 20, 2021 Bitcoin has shot to a new all-time high today, after the first cryptocurrency-linked exchange-traded fund made its debut on Wall Street. The cryptocurrency price has climbed north of $66,000, sprinting past its previous record in April this year and taking its 2021 growth to more than 120 per cent. Arch-rival cryptocurrency Ether also rose, as [...]
Used car prices skyrocket as UK inflation eases October 20, 2021 The UK average price of a used car has increased by 23.9 per cent this week as a result of September’s inflation rates easing to 3.1 per cent. Data from automotive advertising firm Auto Trader have also revealed that year-on-year prices quadrupled this week, especially if compared with the 5.7 growth recorded in the week [...]
