Will ‘revenge travel’ rescue hotel stocks? October 11, 2021 While the COVID-19 pandemic has been good for markets such as work from home technologies, vaccines, and even pet care, there has been one market in particular that has taken quite the beating. With travel restrictions and lockdowns worldwide, we have seen the battering of travel and hospitality, and the devastating loss of jobs within [...]
On a charge or out of juice – can EV charging infrastructure keep up with demand? October 11, 2021 One of the most notable trends of the past 18 months has been soaring demand for electric vehicles (EVs). This is particularly the case in Europe, where the share of EVs as a percentage of overall car registrations has grown to almost 10% (chart 1). Other geographies are also now showing renewed signs of strength, [...]
US spy couple accused of selling nuclear secrets October 11, 2021 US nuclear engineer Jonathan Toebbe and his wife Diana were arrested on espionage-related charges on Saturday, announced the US Department of Justice. The couple, who was apprehended by the FBI and the Naval Criminal Investigative Service, stands accused of selling restricted data regarding the design of nuclear-powered warships. The Toebbes will appear in a West [...]
‘Hands off our EU’ say thousands of Poles as country-wide protests erupt October 11, 2021 More than 100,000 people took to the streets as pro-EU demonstrations broke out across Poland amid fears of a “Polexit.” Last week Poland’s highest court ruled that certain decisions by the EU’s Court of Justice have no jurisdiction in the country, sparking outrage from the bloc’s highest authorities and prompting concerns of a schism. On [...]
The UK should ban domestic flights, says advocacy group – CityAM : CityAM October 11, 2021 British advocacy group Campaign for Better Transport is calling on the government to ban some domestic flights to reduce the amount of CO2 emissions produced domestically by aviation. If introduced, the ban would end several short-haul routes such as London to Manchester, London to Edinburgh and Birmingham to Glasgow. Travellers would be offered train tickets [...]
The Met drops sexual assault claims against Prince Andrew after review October 11, 2021 The Metropolitan Police has decided to drop sexual assault claims against Prince Andrew after reviewing a document released as part of a US case against the Duke. The complainant, Virginia Giuffre, is seeking damages after alleging that Prince Andrew sexually assaulted her three times while she was 17, after being trafficked to the UK by [...]
Better connectivity will remove 750,000 lorries off Britain’s roads October 11, 2021 Improving transport connectivity in the UK could save up to 27.8 megatonnes of CO2 emissions by 2035, the equivalent of taking 750,000 lorries off the country’s roads. In a report published today, communications industry analyst Assembly showed that connectivity will play a huge part in the UK’s transition to carbon neutrality. Directly enhancing the connectivity [...]
Sam Torrance: Hard working Rafa Cabrera Bello deserves return to form October 11, 2021 Rafa Cabrera Bello is one of the hardest workers on and off the course so his first win in four years, at the Open de Espana on Sunday, is well deserved. He hadn’t even finished in the top 10 at an event since January, so the omens weren’t good when he began the final round [...]
Buy-to-let and partnerships power LendInvest portfolios in first results since IPO October 11, 2021 In its first update since going public, property finance asset manager Lendinvest has reported a 31.7 per cent increase in assets under management and a 39.8 per cent increase in funds under management. The growth was caused by record originations in buy-to-let (BTL) as well as new transactions and financial partnerships – including the £100 [...]
ASOS revenue jumps 20 per cent to £3.9bn October 11, 2021 Online fashion giant ASOS has revealed strong financial results for the year ending August 2021 and announced plans to up revenue to £7bn. Gross profit soared by 15 per cent to stand at £1.8bn as successive Covid lockdowns provided a boost to online shopping with the company’s customer base growing by 13 per cent to [...]
