Sarah Everard: Wayne Couzens sentenced to whole life in prison September 30, 2021 Met Police officer Wayne Couzens has been sentenced to a whole life order after admitting to the kidnap, rape and murder of Sarah Everard. Couzens was a serving police officer with the Metropolitan Police when he kidnapped the 33-year-old marketing executive. At the sentencing at the Old Bailey on Thursday afternoon, Lord Justice Fulford said [...]
Oxford Nanopore soars on London debut, touching £5bn September 30, 2021 Shares in genome sequencing company Oxford Nanopore rocketed as much as 45 per cent this morning after its IPO, in the best-ever London market debut for a company of its size. Oxford Nanopore shares were trading at 619p per share at market open, pushing its market cap up to £4.93bn – significantly higher than the [...]
IEA: Ease tax burden to stimulate job creation after furlough ends September 30, 2021 The government should tilt policy toward stimulating job creation after the furlough scheme ends today, according to a free-market economic think tank. Professor Len Shackleton, editorial and research fellow at the Institute for Economic Affairs (IEA), slammed the chancellor’s decision to hike national insurance as the jobs market emerges from 18 months of life support. [...]
Sunak to unveil £500m grants to ease cost of living for UK’s poorest September 30, 2021 Rishi Sunak is set to announce £500m in grants to help the country’s poorest during the current cost of living crisis the UK is facing. The chancellor is expected to announce in his Tory party conference speech next week that it will be put in place to help households cope with costs over what is [...]
M&S pledges to be fully net zero on carbon emissions by 2040 September 30, 2021 Supermarket Marks & Spencer has committed to becoming fully net zero in carbon emissions by 2040, a decade ahead of a national government target. The retailer set out plans for rapid decarbonisation of its operations that will cut its carbon footprint by a third by 2025, from a 5.7m tonne 2017 baseline. M&S has reset [...]
Can Bitcoin style validation solve financial statement fraud? September 30, 2021 Jason Meyers, inventor of Auditchain Protocol addresses the question of how a Bitcoin-style validation could solve financial statement fraud.
Sunak should slash taxes at budget to protect recovery, urges taxpayers’ lobby group September 30, 2021 Chancellor Rishi Sunak should slash taxes at the budget to prevent the UK’s economic recovery from the Covid-19 crisis running out of steam. That’s according to the chief of the top lobby group for taxpayers, who warned looming tax hikes will hit hardworking families and businesses and cause the recovery to “fall flat”. John O’Connell, [...]
Uber pauses services in Brussels in ‘unprecedented’ strike – with its drivers September 30, 2021 Uber paused its services in Brussels this morning, in what the ride-hailing giant described as an “unprecedented” joint action with its drivers against the local government’s ban on using smartphones when driving. In a blog post to customers, Uber said its app and rides were temporarily suspended in protest against the Brussels government’s lack of [...]
GDP uplift boosts FTSE 100 as London markets shake off ‘cocktail’ of headwinds September 30, 2021 A better than expected GDP reading boosted London’s FTSE 100 during the morning session today. The capital’s premier index climbed 0.52 per cent to 7,145.44 points during the first two hours of exchanges. The UK economy grew by a faster than first thought rate between April and June, driven by Brits heading out spending savings [...]
Central bank chiefs warn inflation shock will persist September 30, 2021 The cream of the central banking crop collectively warned yesterday shortages plaguing rich nations pose a threat to their economic recovery and are unlikely to end anytime soon. Andrew Bailey, governor of the Bank of England, Jerome Powell, chair of the US Federal Reserve and Christine Lagarde, president of the European Central Bank (ECB) said [...]
