Barclays UK assets hit £219bn as easing lockdown sees fewer loan costs July 28, 2021 Barclays UK assets have hit £219bn in the past six months as lockdown measures have eased, allowing for fewer loan costs. The bank’s UK division pulled in a total income of £3.2bn, which was up one per cent in comparison to last year but was partially offset by its operating expenses of some £2.1bn. Shares [...]
Rio Tinto boosts dividends as earnings double amid iron ore boom July 28, 2021 Mining giant Rio Tinto this morning announced that it would pay out $9.1bn in dividends after earnings more than doubled in the first half. The FTSE blue chip said that the increase was due to a boom in iron ore prices due to massive demand from China. Rio Tinto, which is the world’s biggest producer [...]
Barbie doll maker warns of higher prices as costs rise July 28, 2021 The toy giant Mattel has warned of higher prices in the lead up to Christmas as the industry looks to soften the blow of rising costs. The comments come after a rise in raw materials and shipping, owing in part to the global pandemic. However, the company still posted better than expected sales figures of [...]
The rise in house prices slows after stamp duty holiday ends July 28, 2021 Property prices have continued to rise but at a slower pace since the stamp duty holiday came to an end, according to the Nationwide HPI report for July. Annual house price growth slowed to 10.5 per cent in July, from the 17-year high of 13.4 per cent recorded the previous month. In month-on-month terms, house [...]
Exclusive: UK esports funding hits record high amid lockdown gaming boom July 28, 2021 British esports startups enjoyed record levels of investment last year as surging interest in the sector during Covid lockdowns helped fuel a major cash injection. Esports firms raised £42m in 2020, which was a record year for both value and number of deals. The momentum has continued into 2021, with eight deals worth £15m already [...]
It is our duty to help Hongkongers settle and prosper in London July 28, 2021 For centuries, Londoners have embraced the benefits of immigration and welcomed new arrivals to their city with open arms. Around a third of Londoners were born outside the UK and over 200 languages are spoken on our streets. We are proud of this diverse, thriving city, and look forward to it remaining a multicultural hub [...]
Self-employed: women lost almost double the income than men during the pandemic, survey shows July 28, 2021 Self-employed women lost around 20 per cent of their income during the course of the pandemic, compared to 11 per cent for self-employed men. This is according to a new survey by the insurance provider for small and medium-sized enterprises Superscript, shared with City A.M. The poll surveyed 2,015 male and female sole-traders, freelancers and [...]
Shop prices drop as retailers compete for consumers’ pounds July 28, 2021 Prices for products in shops dipped over the last year driven by strong competition between retailers to attract consumers, according to new figures released today. The British Retail Consortium and NielsenIQ’s latest shop price index shows prices in shops fell 1.2 per cent annually in July. Read more: UK inflation hits 2.5 per cent in [...]
To face mask or not to face mask? Covid etiquette is an experiment in human behaviour July 28, 2021 To mask or not to mask? Along with scores of other things we never would have anticipated, whether or not to cover up our nose and mouth is the latest thorny issue in Covid etiquette. The answer from Boris Johnson is clear: in public spaces such as transport, bars, restaurants or other busy indoor places, [...]
MPs join call to end electric vehicle charging ‘postcode lottery’ July 28, 2021 MPs have added their voice to calls for the government to lay out a clear plan for how it will deliver sufficient charging infrastructure for electric vehicles across the UK by 2030. A new report from the transport select committee said that it was vital for ministers to work with the National Grid to identify [...]
