Fresh landscape: Marshalls financials climb past pre-pandemic levels August 19, 2021 The financials at landscaping products group Marshalls have begun to surpass pre-pandemic levels, after the group watched operating profits collapse amid lockdown last year. Revenue hit £298.1m in the six months to 30 June, inching past the £280.1m it recorded in 2019. The group posted a profit before tax of £38.9m as it again surpassed [...]
It’s wedding season on steroids: Here’s how to dress properly August 19, 2021 I’m at an age where most of my friends who are so inclined have already married. However, throw in a partner a decade younger and some pals who have made mid-stream horse changes, and I do still get invited to weddings. This year is special, of course. The pandemic and its attendant lockdown acted as [...]
Fed policymakers prepared to curb support August 19, 2021 A majority of Federal Reserve ratesetters think it could be time to wind down the central bank’s enormous monetary support unleashed in response to the Covid crisis this year. Minutes breaking down discussions at the central bank’s latest Federal Open Market Committee meeting reveal most of its policymakers would support curbing the Fed’s bond buying [...]
Hacker in possession of $80m+ after crypto exchange attack August 19, 2021 Liquid, a crypto exchange based in Japan, confirmed that it has been the victim of an attack with a hacker now in possession of $80m+. The hack targeted funds stored in the exchange’s “warm wallets,” a term used to describe wallets which are made vulnerable to hacks because they are connected to the internet. In [...]
Oil prices tumble on mounting early Fed taper fears August 19, 2021 Oil prices plummeted to their lowest level in four months today, driven by mounting concerns that the US Federal Reserve could rein in the wave of monetary support it unleashed in response to the Covid crisis earlier than expected. International benchmarks WTI and Brent Crude dipped 3.53 per cent and 3.03 per cent to $63.15 [...]
Deloitte gives all 333,000 staff lessons on climate change August 19, 2021 All Deloitte employees will be given lessons as part of a climate change education programme over the next six months according to reports, as the auditing giant seeks to boost climate change literacy in its workforce. The “climate learning program” that all 333,000 of the auditor’s international staff will be sent on, has been created [...]
Low-traffic zones reduced as Ealing follows other London borough councils in scrapping car bans August 19, 2021 Low-traffic zones, a scheme to reduce traffic in residential areas have been a subject of controversy since they were first implemented in 2020. Harrow has already scrapped the majority of theirs, and now Ealing looks set to follow. The step in Ealing to challenge them follows major backlash against the zones and two local protests. [...]
Mastercard faces £10bn class-action lawsuit in UK August 19, 2021 A UK court has approved the UK’s biggest class action lawsuit of over £10bn against global payments processor Mastercard on behalf of 46m consumers, according to reports. The previously rejected lawsuit was formally certified on Wednesday to go to trial by the Competition Appeal Tribunal (CAT) in London. It will be the first mass claim [...]
Porsche Cayenne Turbo GT 2021 review: the SUV supercar August 19, 2021 The ultimate Porsche Cayenne and the fastest SUV around the Nurburgring, the new Turbo GT puts even the Lamborghini Urus in its place.
Robinhood transaction volumes hit $451m amid surging interest in crypto August 19, 2021 Robinhood, the trading platform made infamous by the GameStop incident in January 2021, has doubled revenues in the second quarter of 2021. Total net revenue for the three month period stood at $565m (£415m), a year on year increase of 131 per cent. Transaction volumes jumped by 141 per cent to $451 million, with the [...]
