Extinction Rebellion target the City, with Guildhall and StanChart doused in paint August 27, 2021 In the group’s fifth consecutive day of action Extinction Rebellion (XR) activists have vandalised Guildhall and the headquarteres of Standard Chartered. In a video shared on Twitter police could be seen clashing with protestors as the green rabble rousers painted red streaks and pressed handprints onto the bank’s main entrance. Activists also targeted the Guildhall. [...]
Share of London buyers from outside capital at five year high August 27, 2021 The share of buyers moving to London from outside the capital has reached its highest level in five years. Data from Hamptons, the luxury estate agents based in London, showed that the proportion of buyers who moved in from outside the capital jumped to 13.5 per cent for the 12 months ending June 2021. Migrated [...]
August sees highest numbers of commuters into the City this year August 27, 2021 August has seen the highest number of commuters travelling into the City since the pandemic began, new data from Transport for London (TfL) today shows. Since lockdown was lifted in July, more and more people have headed back to their offices, in a positive omen for the future of the Square Mile. 19 August was [...]
Powell confirms Fed may start winding down stimulus measures this year August 27, 2021 The chair of the US Federal Reserve has confirmed the central bank could start winding down the wave of stimulus measures it unleashed to dampen the economic impact of the Covid crisis this year. Jerome Powell said the US economy has reached a point where it no longer needs the same scale of monetary policy [...]
Forget everything you think you know about sambuca August 27, 2021 When you think of sambuca, the chances are you imagine sticky shots in a dark nightclub, that one friend who insists on buying a round after everyone has already had too much, dizziness, nausea, hangovers. Sambuca has a place in the British psyche alongside Jagermeister and tequila as a drink of debauchery and trouble. But [...]
Covid R number jumps to between 1.0 and 1.1 August 27, 2021 England’s Covid R number edged up over the last week, according to official estimates released today. The country’s R number is now estimated to be between 1.0 and 1.1, up from 0.9 and 1.2 previously. The R number is a measure of how quickly coronavirus is spreading throughout the population.
Oil prices climb on suppliers switching off production ahead of storm hitting Gulf of Mexico August 27, 2021 Oil prices jumped today and are set to post huge gains for the week as energy suppliers shut off production in the Gulf of Mexico in preparation of a storm hitting the area on the weekend. International benchmarks WTI and Brent Crude rose 1.85 per cent and 1.62 per cent to $66.87 and $72.22 respectively. [...]
‘Next chapter’ starts for Cazoo as firm lists via New York SPAC : CityAM August 27, 2021 Used car platform Cazoo made its long-awaited stock market debut today as the firm went public in New York with a valuation of $8bn. The float, which makes serial entrepreneur Alex Chesterman’s latest project the most valuable US listed UK firm, came after it completed its merger with SPAC Ajax I. Also Read: Cazoo goes [...]
Brexit disruption: Tesco chairman warns supermarket shelves could be empty at Christmas August 27, 2021 Supermarket shelves could be empty at Christmas due to food retailers grappling with severe Brexit-related supply chain issues, the chief of one of the UK’s largest supermarkets warned yesterday. John Allen, chairman of Tesco, told the BBC’s World at One programme that supermarkets are struggling to source stock ahead of the busy festive period as [...]
The Entertainer chief warns of toy shortages at Christmas August 27, 2021 The chief of one of the UK’s largest toy retailers has warned there will be reduced choice of toys at Christmas as a result of supply chain disruption and severe labour shortages. Gary Grant, founder of The Entertainer, told BBC’s Today programme prices for toys are likely to rise sharply as retailers act to protect [...]
