Venezuela to shave six zeroes off its inflation battered currency August 5, 2021 The Venezuelan central bank will shave six zeroes off the country’s currency, the bolivar, to make transactions less complicated, it said on Thursday. The change will come into force on 1 October with the distribution of new currency notes. “All monetary amounts expressed in national currency will be divided by one million,” the central bank [...]
Law firms brace as chancellor mulls over new tax on legal sector August 5, 2021 Rishi Sunak may be considering imposing a tax levy on the revenues of large commercial law firms, to help to prop up the ailing legal aid system, according to reports. The chancellor may be contemplating reviving the idea of a bespoke levy on commercial legal practices, an idea first suggested five years ago by then [...]
Stillwater – Amanda Knox-inspired drama is slow but solid August 5, 2021 Whoever said “there’s no such thing as bad publicity” clearly didn’t work on publicity for Stillwater, as this week’s drama comes to the screen with a lot of baggage. The film is very loosely inspired by the trial of Amanda Knox, who posted tweets denouncing the film. As if that wasn’t enough, star Matt Damon [...]
Afternoon tea in style: A short guide August 5, 2021 For the British, “tea” is an absurdly complex word. It is laden with meaning and nuance, and how you deploy it will, in certain circles, say more about you than you might like. Most obviously, it is, supposedly, our national drink. I can’t abide tea at any price, but steeped leaves from China, India and [...]
Belarusian Olympic sprinter defects to Poland after warning from Grandmother August 5, 2021 Belarusian Olympic sprinter Krystsina Tsimanouskaya, who decided to defect to Poland instead of returning to her home country, did so because her grandmother warned her not to go home. Tsimanouskaya, 24, has said her family were worried she would be sent to a psychiatric hospital upon her arrival in Belarus. “I have always been far [...]
Firefighter wins claim against Fire Brigades Union after suspension for pro-Brexit speech August 5, 2021 A firefighter who sued the Fire Brigades Union (FBU) for unfair dismissal over a pro-Brexit speech has announced he has won his claim. Former FBU executive council member Paul Embery was suspended from his post for giving a speech at a Leave Means Leave rally in March 2019 in London. Embery, now a columnist at [...]
‘True David and Goliath battle’: Oatly loses UK trademark dispute to Glebe farm August 5, 2021 British oat milk producer Glebe Farm has today won a trademark infringement case brought against it by celebrity-backed oat drink giant Oatly. Glebe Farm was accused by Oatly, which boasts Oprah Winfrey as one of its investors, of trademark infringement and passing off, after the family-run business used the brand PureOaty on their gluten-free oat [...]
London restaurants warned of meat and seafood shortages this autumn August 5, 2021 Rrestaurants and gastropubs in London and the rest of the UK have been warned of potential shortages of key menu items alongside a spike in inflation this autumn. Buying specialist Lynx Purchasing said hospitality businesses would face “significant and widespread” challenges with higher prices and food shortages for the rest of the year, including supply [...]
Shapps: Vaccination will be a condition of travel ‘forever more’ August 5, 2021 Grant Shapps today said that being vaccinated against coronavirus will become a necessity for travel “forever more”, as the government loosened its restriction on international travel. He also warned young people that they could find themselves unable to leave the country if they do not get vaccinated. “I think double vaccination, full vaccination, is going [...]
Bank of England to tighten monetary policy to tame runaway inflation August 5, 2021 The Bank of England signalled today it is likely to start reining in the wave of monetary stimulus it unleashed in response to the Covid crisis to control inflation. “At some point, monetary policy may need to tighten so that the MPC can meet its remit” of achieving an inflation target of two per cent, [...]