City figures warn London’s financial crown at risk if UK does not roll out digital Sterling August 18, 2021 City figures have warned that London’s status as Europe’s financial capital will be in serious jeopardy if the Treasury and Bank of England are slow to introduce digital Sterling. Rishi Sunak said last month that the Treasury was looking into one day releasing a so-called “Britcoin”, but that no decision had been made. Sunak said [...]
Brits abroad: M&S to sell Percy Pigs and other classic products to over 150 countries August 18, 2021 M&S has teamed up with export platform British Corner Shop to sell 800 of its classic food products, including Percy Pig sweets and Luxury Gold Teabags, in an effort to recover its struggling business through online sales. It comes after the British retailer reported a significant annual loss in May, as pandemic store closures weighed [...]
10 minute Covid test hoped breakthrough for travel sector – CityAM : CityAM August 18, 2021 University of Birmingham researchers have developed a new Covid test that provides results in less than 10 minutes. The RTF-EXPAR test is reportedly as sensitive at detecting coronavirus as PCR tests, according to the scientists behind the breakthrough. The tests also detect low levels of the virus, which lateral flow do not despite also delivering [...]
Exclusive: Charities invest in stocks as interest rates drop August 18, 2021 UK charities have reduced cash holdings and invested in stocks as they face fundraising challenges. There has been a huge drop in the interest rates on cash deposit accounts for charities, according to independent investment manager James Hambro & Partners. The average interest rate on a deposit of £10,000 from a charity cash deposit account [...]
PayPal ditches late fees for buy now pay later purchases August 18, 2021 PayPal will stop charging late fees when customers miss payments on buy now, pay later (BNPL) purchases worldwide, in an effort to attract customers amid booming market competition. As of October 1, purchases from customers in the US, UK and France will no longer be subject to late fees, while the company’s BNPL services in [...]
The British Kebab Awards: Westminster’s unlikely mainstay event August 18, 2021 For the uninitiated, the British Kebab Awards probably sound like something attended exclusively by shop owners and those people from YouTube who eat the same food for every meal. While these two categories of people should not be taken for granted, the event is in fact better known in SW1 as a mainstay on the [...]
Wall Street opens flat as investors await Fed minutes August 18, 2021 Wall Street’s main benchmarks opened broadly flat today as investors held back from making any sudden moves until after the publication of minutes from the Fed’s latest Federal Open Market Committee meeting. The blue-chip S&P 500 edged 0.07 per cent higher to 4,450.73 points, while the Dow Jones inched down 0.07 per cent to 35,321.59 [...]
Ethereum will overtake Bitcoin by 2026, says deVere boss August 18, 2021 Ethereum will continue to outperform Bitcoin in 2021 and will, ultimately, exceed its rival’s value, the CEO of one of the world’s largest independent financial advisory organisations has predicted.
Marvel What If… Episode 2 – Chadwick Boseman’s final triumph August 18, 2021 Last week gave us a rousing opening to Marvel’s What If…?, a series that imagines parts of the Marvel Universe if certain decisions had been made differently. The introduction of Captain Carter was well received, and led speculation as to whether the character could be seen in future live action stories, given that The Multiverse [...]
Data watchdog warns pub goers to think before giving details to ordering apps August 18, 2021 Pub goers should be cautious when giving personal information to venues, according to the UK’s data privacy watchdog. The Information Commissioner’s Office (ICO) has warned Brits to consider what information they are providing when using apps to order food and drink at pubs. Pubs should only ask customers for information that is “relevant and necessary”, [...]
