BP to ration fuel amid driver shortages – CityAM : CityAM September 23, 2021 BP has announced fuel will be rationed as the shortage of heavy goods vehicle drivers drags on the oil giant’s petrol and diesel supplies. At a government meeting last Thursday, BP told officials that last the company’s ability to transport fuel from refineries to its network of forecourts was faltering. Fuel will now be rationed [...]
BoE warns inflation will top previous forecast but takes no action September 23, 2021 The Bank of England warned today soaring energy and raw materials prices will push inflation above its previous forecasts, but did nothing to rein in price rises. Officials on Threadneedle Street upped their inflation forecasts for the year to above four per cent, over double its target. Despite the higher than expected inflation clip, the [...]
Crypto AM is delighted to announce FMFW.io as a Silver Partner September 23, 2021 FMFW.io will be a Silver Partner and participant in the upcoming Crypto AM Summit and Awards 2021 event that will take place on September 29 and 30.
House sellers in London less willing to drop asking prices September 23, 2021 House sellers in the capital are feeling increasingly confident as the number of sellers willing to drop their asking prices fell last month. There was a 51 per cent decrease in the number of home-sellers being prepared to drop their asking prices in August, compared to July. Estate agency Chestertons said a return of seller [...]
We ask the experts what makes the perfect gift shop September 23, 2021 Anyone who has set foot in a major gallery’s gift shop of late will know that it’s become something of a main attraction. Indeed, a glance at today’s gift shops provides a sweeping art history: from Giotto-themed pencils, to Pollock bath mats, Van Gogh eyewear, and Banksy face masks. For many visitors, the shop is [...]
Google partners with Prince Harry’s eco-tourism charity September 23, 2021 Prince Harry’s eco-tourism charity has begun a partnership with Google, in its bid to get the industry to better align with sustainable travel. Travalyst, which launched in 2019, aims to offer tourists more sustainable options when travelling. “The Travalyst Coalition strives to leverage its collective reach and help drive mass adoption of sustainability standards,” Travalyst [...]
BoE signals looming tightening but keeps rates and QE unchanged – CityAM : CityAM September 23, 2021 The Bank of England today signalled it could rein in the wave of stimulus it unleashed in response to the Covid-19 crisis soon. The Old Lady’s committee of rate setters acknowledged the UK economy’s sharp rebound from the pandemic had strengthened the case for “some modest tightening of monetary policy.” Also Read: US Fed to [...]
Bitcoin on road to recovery, but options expiry on Friday looms large September 23, 2021 The cryptocurrency market continues to recover this morning, with Bitcoin (BTC) rising around four per cent in price over the last 24 hours to just below the $44k mark.
Covid to be like the common cold – one day, says AstraZeneca vaccine co-designer September 23, 2021 It is likely that Covid-19 will become just like the common cold, the professor who co-designed the AstraZeneca vaccine has said. However, the big question remains as to how long it will take to get there, Dame Sarah Gilbert explained. Speaking to a Royal Society of Medicine webinar, Gilbert assured that Covid-19 will “eventually” become [...]
Opinion-in-brief: Britain’s businesses need tech to succeed September 23, 2021 For Britain’s 6 million small businesses, simply surviving these last two years has felt like winning. The challenges have been ceaseless: retaining staff, serving customers digitally, managing cash flow across multiple lockdowns. These have been heavy burdens to bear. But they have fought to keep their businesses afloat. Nearly two thirds watched their revenues fall [...]
