‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
The spy case in Berlin is a reminder that money will always be the greatest temptation and weapon – CityAM : CityAM August 16, 2021 Spying almost always makes headlines whenever it hoves into public view. There is something inherently fascinating about the idea of nations engaged in cloak and dagger operations against one another, trying to find a weak point they can exploit for their own advantage. All the more so when an intelligence service employs dramatic tactics like [...]
UK competition watchdog to investigate Central England Co-op funeral deal August 16, 2021 The Competition and Markets Authority (CMA) will investigate the deal by the Central England Co-op to snap up part of its rival in the funeral care business, the Midcounties Co-op. The UK competition regulator said today it is considering whether the merger deal “may be expected to result in a substantial lessening of competition” within [...]
Government to review energy firms that exaggerate their green credentials August 16, 2021 The government is set to launch a review into energy tariffs that falsely claim to be green amid concerns that some firms are exaggerating their environmental credentials. Energy minister Anne-Marie Trevelyan said 9m households are on energy tariffs that are branded as 100 per cent renewable or green, but industry figures have warned the claims may [...]
London revealed as best European city for runners August 16, 2021 London has been named the best city in Europe to run in after a study found its conditions to be the best for a metropolitan jog. Sportswear brand Puma measured the cities’ suitability using a number of factors, including air pollution, temperature, congestion, the number of running clubs, quality of water and elevation. The team [...]
FTSE: Ultra and Future soar but it’s not enough to lift London’s main index August 16, 2021 The FTSE 100 started off the week with a fall, as a rout on energy and mining shares could not be undone by a surge in the shares of Ultra Electronics and publishing house Future. The blue-chip FTSE 100 dropped 0.8 per cent, dragged down by miners Glencore, Anglo American and Rio Tinto and oil majors BP and Royal Dutch [...]
London’s newly-listed LendInvest scores £150m partnership with Barclays and HSBC August 16, 2021 Property finance asset manager LendInvest has announced a £150m lending collaboration with two of Britain’s biggest banks, just weeks after its £255m IPO on London’s AIM index. The new tie-up is geared towards financing UK property entrepreneurs and will see the British banks provide funding for short-term mortgages through LendInvest’s digital platform. It’s the first [...]
IPCC report: why the detail matters to energy investors August 16, 2021 The United Nation’s Intergovernmental Panel on Climate Change (IPCC) report will shock many people. The data speaks for itself and illustrates the most important challenge facing humanity over the next 100 years. We expect the IPCC report to shock government leaders and lead to actionable policies being implemented at the COP26 climate summit in November. These [...]
Defence Secretary admits “some people won’t get back” from Afghanistan August 16, 2021 Defence Secretary Ben Wallace admits “some people won’t get back” from Afghanistan as five are shot dead at Kabul airport. Over the weekend 600 UK troops arrived in Afghanistan in a bid to support the extraction of some 4,000 British citizens and eligible Afghans from the country. Their arrival came not a moment too soon [...]
Post Office and DPD sign click-and-collect delivery deal August 16, 2021 The Post Office is teaming up with French van delivery company DPD for click-and-collect services in the national mail service’s first partnership in its 360-year history. From next week, customers will be able to choose to get their parcels delivered by DPD couriers directly to a Post Office branch. As employees return to offices, the [...]
The future of the office: How one property firm is using virtual reality to create the new normal August 16, 2021 The future of the office has never been more richly discussed. For all the benefits of flexible working, most firms seem determined to bring people back in to reap the benefits of collaboration and creativity. But the co-founder of one property firm, Kitt, is determined to make sure that when we get back to the [...]
