International energy watchdog predicts slump in oil demand in second half – CityAM : CityAM August 12, 2021 The resurgence in new Covid cases globally triggered by the spread of the Delta variant will hit oil demand in the coming months, according to the international energy watchdog. The International Energy Agency said the fresh wave of Covid infections in Asian countries is likely to curb oil consumption as authorities reimpose restrictions on economic [...]
Shakespeare on advertising: Farage lifeboat attack gives RNLI a boost – CityAM : CityAM August 12, 2021 On July 28, ex-UKIP leader and current GB News host Nigel Farage attacked the Royal National Lifeboat Institution (RNLI) – describing them as a “taxi service” for illegal trafficking gangs because they rescue migrants at risk of drowning in the channel. If his aim was to discredit the charity, it had the opposite effect. Data [...]
XRP takes limelight as bitcoin stumbles at $47k – CityAM : CityAM August 12, 2021 Crypto at a Glance Bitcoin’s ascent continued yesterday, though the largest cryptocurrency by market cap has pulled back somewhat this morning from highs of nearly $47k. It’s down 2% over the last 24 hours at time of writing, changing hands for around $45,200. The markets generally continue to look in buoyant spirits though, with the [...]
How to build the best digital marketing team August 12, 2021 No matter the size of your organisation, it’s increasingly important to have a strong digital marketing strategy. And finding the right people to create and effectively execute that strategy is key. But where to start, especially if your marketing team is a team of just a few people or even no one at all? Here [...]
London-listed Seraphim injects $6.5bn into space tech in just six months – CityAM : CityAM August 12, 2021 Seraphim has injected $6.5bn into space tech in the past six months, 85 per cent of what it invested in the whole of last year. The total half-year figure spans 172 transactions, dwarfing the 221 the space investor secured in 2020’s full-year. The space tech sector experienced a record-breaking quarter in terms of financing in [...]
A quarter of staff not allowed time off to get Covid jab – CityAM : CityAM August 12, 2021 Covid vaccinations are crucial in rebuilding confidence in the economy and protecting people against the virus, however a quarter of workers were not given time off to get the jab, a new survey finds. Research by the public body Acas found one in four employers did not allow staff to take time off to not [...]
Tui says recovery has begun as bookings jump : CityAM August 12, 2021 Tui today reported its first cash positive quarter since the pandemic began as the relaxation of travel restrictions across Europe boosted holiday bookings. The Anglo-German firm said that it had made an extra 1.5m bookings in the period, with 4.2m people booked for the summer period in total. Also Read: Cineworld reports $580m loss after [...]
Grave impact of pandemic on English football laid bare by report but US investor appetite grows August 12, 2021 A report published by accountancy firm BDO has displayed the impact of the Covid-19 pandemic on English football clubs. The BDO report, which surveyed the finance directors from the top four leagues, found that more than 80 per cent of clubs accessed the furlough scheme, while 70 per cent deferred tax payments. The impact of [...]
UK GDP up 4.8 per cent in second quarter : CityAM August 12, 2021 The UK economy grew at a rate of 4.8 per cent in the second quarter, data from the ONS said today, as the bounce back from the coronavirus pandemic continues. As a result, GDP is now 4.4 per cent below where it was in the last quarter of 2019, before Covid-19 struck. Also Read: PwC [...]
Blackstone: As streaming services climb and climb, there is a race for space for film production August 12, 2021 Britain is known across the globe as a hub for the creative industries – and one of the best places to make film and television. It has a rich history, with productions from Harry Potter and James Bond, to Indiana Jones and Star Wars dazzling audiences across the world. It’s also an industry undergoing extraordinary [...]
