UK holidaymakers paid ‘more than £1bn’ on travel tests this summer September 9, 2021 UK holidaymakers could have paid more than £1bn for Covid tests this summer, a crippling levy that has kept the lid on the travel and aviation sector’s recovery. Research from the Evening Standard suggests that 5m passengers have taken a total of 11.5m PCR tests in the period from May to September. With each test [...]
Exclusive: Real estate and crypto top list of UK investors’ alternative asset picks September 9, 2021 In the current climate of low interest rates and high valuations, UK investors are looking for new ways to get returns in less liquid areas that are relatively cushioned from yo-yoing equity and bond markets. This mood music has pushed almost half (43 per cent) of UK investors to consider alternative assets to make their [...]
Facebook accused of gender discrimination in job adverts September 9, 2021 Campaign groups have accused Facebook of breaking UK equality laws by allegedly allowing businesses to target job ads based on gender. Campaign group Global Witness submitted complaints to the Equality and Human Rights Commission (EHRC) and Information Commissioner, after finding that posts for jobs, traditionally associated with particular genders such as mechanics or psychologists, were [...]
Ikea set to take on Topshop flagship store on Oxford Street September 9, 2021 Ikea has reportedly agreed a deal to take on Topshop’s flagship store on Oxford Street for around £385m. The furniture conglomerate has also bought the 73,000 sq ft NikeTown and a 4,700 sq ft Vans shop, adjacent to the Topshop store, according to real estate publication React News. Ikea is thought to be planning a [...]
Exclusive: Young professionals back the office over the living room September 9, 2021 London’s young professionals would rather work full time in an office than either permanently from home or in a “hybrid” arrangement, new data has found. According to new data from LinkedIn, shared exclusively with City A.M., 44 per cent of those aged 16 to 34 would choose to be in their actual offices for all [...]
Scott Morrison confirms climate targets dropped from UK-Australia trade deal September 9, 2021 Australian Prime Minister Scott Morrison has today confirmed the UK-Australia trade deal will not include binding commitments to climate change targets from the Paris Agreement. Morrison said it “wasn’t a climate agreement, it was a trade agreement”, which puts him at odds with the UK government who have claimed in the past 24 hours that [...]
Oxford Nanopore bets on London with IPO, to top up its £2.5bn valuation September 9, 2021 Oxford Nanopore, whose DNA technology has been used to sequence global variants, is set to float in London, in a listing that could secure a valuation north of £2.5bn. The biotech firm is the latest technology heavyweight to confirm its intentions for an initial public offering (IPO) in the UK’s capital, which has been on [...]
ECB to rein in Covid stimulus measures but promises to maintain support September 9, 2021 The European Central Bank announced today it will start reining in the wave of stimulus measures it unleashed in response to the Covid crisis, becoming the first of the world’s big three central banks to do so. The ECB said the Eurozone economy’s rapid economic recovery from the Covid crisis has engineered favourable financing conditions, [...]
Want to avoid the worst health effects of alcohol? Drink wine, says study September 9, 2021 New research has revealed that alcohol is bad for health even in small doses except for wine which helps to prevent coronary heart disease. Dr Schutte, of Anglia Ruskin University, is disputing previous studies into alcohol which suggested low levels of alcohol consumption can be beneficial. Data collected from 446,439 people over seven years concluded [...]
Marvel What If…? episode 5 review – an undead adventure September 9, 2021 There have been some interestingly complex questions in the first half of What If…?, Marvel’s cavalcade of hypotheticals. What would happen if Peggy Carter became the hero Steve was meant to be, or if the original Avengers were killed before they started? This week, things are a bit simpler, and this is reflected in episode [...]
