US activist fund Causeway Capital builds major stake in WH Smith September 12, 2021 Activist US fund Causeway Capital has amassed a £178m stake in WH Smith as the retail giant tries to get back on its feet post-Covid. Causeway Capital, which is based in Los Angeles, this month increased its share in WH Smith to 9.05 per cent and is now the retail chain’s largest single shareholder. WH [...]
Ukraine set to become next country to make Bitcoin legal tender September 12, 2021 Expert says Ukraine is lining up to become the next country to adopt Bitcoin as legal tender.
Sir Keir Starmer to publish 14,000-word mission statement in leadership reset September 12, 2021 Sir Keir Starmer will publish a 14,000-word mission statement with the Fabian Society to signal a reset of his party leadership to Labour members. The essay, which has been confirmed by the historic Labour think tank, will come out just before the party’s conference at the end of this month and will attempt to silence [...]
Mandatory Covid vaccine passports for night clubs and events scrapped September 12, 2021 Sajid Javid has announced the government will not be moving forward with plans to implement mandatory vaccine passports for night clubs and large-scale events. The measure will be scrapped, after two weeks of assurances from Number 10 and ministers that they would still be brought in at the end of this month. Boris Johnson originally [...]
Sajid Javid says he wants to drop PCR tests for travel ‘as soon as I possibly can’ September 12, 2021 Sajid Javid has said he wants to ditch PCR tests for double vaccinated travellers entering the UK “as soon as I possibly can”. The health secretary said today that the UK shouldn’t keep those restrictions in place for “longer than is absolutely necessary”. Everyone who enters the UK has to show proof of a negative [...]
Brexit hit: Stephen Rubin’s Pentland moves to Ireland September 12, 2021 Citing Brexit, the chairman of Pentland Group has relocated overseas according to The Times, who first reported the news. Stephen Rubin was Britain’s biggest taxpayer three years ago according to The Sunday Times Tax List. His brand management company Pentland Group is the largest shareholder in JD Sports, and owns other sports clothing brands including [...]
Pentland move to Ireland in Brexit aftermath – CityAM : CityAM September 11, 2021 Citing Brexit, the chairman of Pentland Group has relocated overseas according to The Times, who first reported the news. Also Read: Exclusive: We are benefitting hugely from Brexit, says Estonia’s prime minister Stephen Rubin was Britain’s biggest taxpayer three years ago according to The Sunday Times Tax List. His brand management company Pentland Group is [...]
Channel 4 agrees late deal with Amazon Prime to air Emma Raducanu’s US Open final September 11, 2021 Emma Raducanu’s US Open final against Leylah Fernandez will be aired live for free on Channel 4 after the broadcaster agreed a last-minute deal with Amazon Prime. The 18-year-old is the first British woman to reach a Grand Slam singles final since Virginia Wade, who played at Wimbledon, in 1977. Amazon Prime Video had exclusive [...]
Bank of England warns banks over poor regulatory reporting September 11, 2021 Some banks and building societies are not providing enough reliable information for regulators to properly identify threats to the financial system, the Bank of England (BoE) wrote in a letter to CEOs published yesterday. Financial firms are required to report data on areas including assets, capital and operations to the BoE who use the information [...]
Rishi Sunak hopes insurers could help fund social care costs September 11, 2021 Chancellor Rishi Sunak has told Treasury officials to start talks with the insurance industry over potential new products to help finance social care costs, a treasury source said, according to reports. The news follows plans set out earlier this week by the Prime Minister to raise taxes on workers, employers and some investors in an [...]
