Afghanistan: ‘Not everyone is going to get out’, says Wallace August 26, 2021 Defence secretary Ben Wallace has warned that thousands of Afghans who have helped the UK risk being left behind. Officials are increasingly concerned about the risk of the airport being attacked by ISKP, a branch of the Islamic State terror group. The Foreign Office has advised against travelling to Kabul airport. The new travel advice [...]
UK to scrap web cookie requests in post-Brexit data revamp August 26, 2021 The UK will scrap “pointless” web cookie requests as part of a major package of reforms that will replace the EU’s data laws with a new post-Brexit regime. Culture secretary Oliver Dowden today unveiled a string of new measures designed to harness the power of data to drive growth and create jobs. The move will [...]
Barclays invests £294m to expand India operations August 26, 2021 Barclays has announced plans to invest more than 30bn rupees (£293.9m) in its India unit to expand operations. The infusion of capital will enable Barclays, which has operated in the Asia Pacific region for 50 years, to grow its Corporate and Investment Banking and Private Clients businesses. Barclays offers financing, advisory and risk management services [...]
Property: Market now faces acute supply shortage after buying frenzy August 26, 2021 Housing stock levels are down 26.4 per cent compared to the 2020 average, as buyer demand has eroded existed supply. While buyer demand remains strong, up 20.5 per cent, stock supply will remain low into next year, according to the property platform Zoopla’s monthly House Price Index. The property market is experiencing its greatest stock [...]
The UK’s plans for Afghan refugees will be a test of the nation’s moral character August 26, 2021 The UK has promised to welcome 20,000 Afghan refugees fleeing the Taliban. The proposal looks set to mirror a scheme introduced at the height of the humanitarian crisis in Syria, under which more than 20,000 vulnerable refugees have been resettled by the start of 2021. In its first year, the Afghan Citizens’ Resettlement Scheme will [...]
Barclays invests £294m to expand India operations – CityAM : CityAM August 26, 2021 Barclays has announced plans to invest more than 30bn rupees (£293.9m) in its India unit to expand operations. The infusion of capital will enable Barclays, which has operated in the Asia Pacific region for 50 years, to grow its Corporate and Investment Banking and Private Clients businesses. Barclays offers financing, advisory and risk management services [...]
Britain and its allies must not use the IMF’s new special drawing rights to heap more debt on poor countries August 26, 2021 In 2008, the IMF created Special Drawing Rights (SDRs) – an international reserve asset used to supplement member countries’ official reserves – in response to the global financial crisis. This week it has done so again with a new target in mind: coronavirus. The IMF estimates ending the pandemic could inject $9tn into the global [...]
Lorry drivers’ wage growth surges more than seven times UK average as firms hike pay amid worker shortages August 26, 2021 Wages for lorry drivers are soaring as UK logistics businesses scramble to scale staffing levels to clear a swelling backlog of delivery orders, according to fresh figures published today. Research from job site Indeed shows salaries for driving jobs have surged more than seven times faster than the average wage growth recorded for all jobs [...]
Britain and it’s allies must not use the IMF’s new special drawing rights to heap more debt on poor countries – CityAM : CityAM August 26, 2021 In 2008, the IMF created Special Drawing Rights (SDRs) – an international reserve asset used to supplement member countries’ official reserves – in response to the global financial crisis. This week it has done so again with a new target in mind: coronavirus. The IMF estimates ending the pandemic could inject $9tn into the global [...]
Afghanistan: More than 11,000 people evacuated from Kabul by UK armed forces August 25, 2021 UK armed forces have evacuated more than 11,000 UK and Afghan nationals from Kabul since the Taliban took control of the nation, the Ministry of Defence confirmed tonight. So far 11,474 people have been flown out of Kabul since the mission began on 13 August. The tally includes embassy staff, British nationals,Afghan nationals under the [...]
