‘September surge’ continues apace as Tube and bus passengers rise again September 7, 2021 Commuters continued to rush back to public transport this morning, new figures from Transport for London (TfL) show, with both Tube and bus passenger numbers up sharply again this morning. Between 7am and 8am, there were 298,600 “taps” on the Tube, up 33 per cent on last week and 8.0 per cent on yesterday, while on [...]
Welcome to the one country where Bitcoin can be used as cash September 7, 2021 El Salvador has made history by becoming the first country in the world to make Bitcoin legal tender as part of a pioneering economic experiment. From today, Bitcoin will be accepted by businesses across the country alongside the US dollar. Every citizen will receive $30 worth of bitcoin pre-loaded onto a government sanctioned e-wallet. The [...]
Johnson to defy Tory MPs and launch £10bn-a-year tax hike to fund social care and NHS September 7, 2021 Prime minister Boris Johnson will defy a revolt among Tory MPs and scathing criticism and plough on with a hike to national insurance to generate more than £10bn a year to tackle the swelling backlog of NHS work and fix the UK’s ailing social care system. Johnson will today announce an at least one percentage [...]
TfL seeks new partner for cable car with Emirates deal set to end September 7, 2021 Transport for London (TfL) is seeking a new commercial partner for the cross-Thames ‘Air Line’ cable car with Emirates’ decade-long sponsorship set to end next year. Since it opened in 2012 ahead of the London Olympics, there have been over 13m journeys on the capital’s only cable car. The 1km line, which links Greenwich to [...]
Booster programme is needed to keep schools open, says minister September 7, 2021 The vaccines minister, Nadhim Zahawi, has said that a booster programme must be rolled out in order to keep schools open and avoid further lockdowns. In comments to Sky News, Zahawi said: “The right thing is that we open schools, we’ve opened them well with a really comprehensive testing programme. But we want them to [...]
BBC director of news Fran Unsworth to exit next year September 7, 2021 The BBC’s director of news and current affairs, Fran Unsworth, is set to depart next year after four decades with the corporation. Unsworth said she feels the time is right to exit the coveted position, which she entered in 2018, after having a “ringside seat” at some of the world’s most era-shaping events. The departing [...]
EY hit with $1bn claim for one of the largest bankruptcies in Swiss history September 7, 2021 EY’s Swiss practice is facing investor claims for giving clean audits to opaque conglomerate Zeromax for years before it collapsed, according to the Financial Times who first reported the news. Zeromax, whose crash in 2010 made it the second-largest bankruptcy in Swiss history, made multimillion-dollar jewellery purchases and made irregular offshore payments – which the [...]
Ted Baker sales jump 50 per cent in a year September 7, 2021 Ted Baker has reported strong sales in Q2 with revenue up 50 per cent compared to last year despite the ongoing impact of Covid-19 on retail. Store sales surged by +142 per cent between April 25 to August 14 compared to the same period a year ago. While sales were down -45 per cent compared [...]
888 makes inroads in Colorado as part of US invasion plans September 7, 2021 888, a leading online betting company, has announced its expansion into Colorado with the launch of a joint product with Sports Illustrated. The company will launch a Sports Illustrated wagering experience ahead of the start to the National Football League (NFL) season. The infamous media brand will direct its 30 million monthly viewers to 888’s [...]
China exports soar faster than expected in August September 7, 2021 China’s exports soared at a faster pace than expected in August, driven by a resurgence in global demand for goods from the world’s second largest economy, according to new figures released today. Shipments from the globe’s biggest exporter jumped 25.6 per cent annually in August, gathering momentum from July’s 19.3 per cent gain. Analysts polled [...]
