EV charging firm Myenergi ‘mulling £500m London listing’ August 5, 2021 Energy tech firm Myenergi is reportedly making plans for a London float that could value the company at up to £500m amid a surge in interest in “green” solutions. The company, which is best known for its Zappi electric car home charging system, is backed by Sir Terry Leahy, the former Tesco boss. A spokesman [...]
Qatar Airways grounds 13 Airbus jets due to ‘degrading’ fuselages August 5, 2021 Qatar Airways has today grounded 13 of its Airbus A350 planes due to the faster than expected deterioration of their fuselages. The airline was instructed to cease flying the affected planes by its regulator after the issue was discovered. It marks yet another escalation in an ongoing row between Qatar and Airbus over the problem. [...]
Jab and coke: Heaven nightclub to open a pop-up vaccination centre August 5, 2021 Heaven nightclub will be the scene of a very different kind of afters on Sunday afternoon as the NHS opens a new vaccination centre. Heaven, which is located in Soho and is home to club nights such as G-A-Y, will act as a pop-up vaccination centre from midday until 9pm for all Londoners who have [...]
Wall Street lifted by Covid-era low jobless claims August 5, 2021 US stocks opened up sharply on Thursday morning after investors were boosted by fresh data showing the American labour market recovery still has legs. The blue-chip S&P 500 gained 0.43 per cent to reach 4,421, while the Dow Jones shot up 0.6 per cent to 34,998. The tech-heavy Nasdaq notched the best performance out the [...]
US jobless claims continue to shrink as layoffs fall to lowest level in 21 years August 5, 2021 The number of Americans claiming unemployment benefits fell again last week as the labour market continued its slow recovery from the pandemic. According to the US Labor Department’s latest report, 385,000 filed for benefits last week, down 14,000 on the previous week. The latest total perfectly tallied with economists’ forecasts, but remains far above pre-pandemic [...]
Dominic Cummings claims Boris Johnson offered him peerage August 5, 2021 Dominic Cummings has claimed that Boris Johnson offered him a seat in the House of Lords as he was leaving Downing Street last year. Cummings said the Prime Minister “almost immediately started laughing” after he made the offer and that the Prime Minister “realised that that was not exactly the sort of thing that would [...]
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 [...]