‘Pingdemic’: Transport workers set for exemption, Shapps says July 23, 2021 Some transport workers will be exempt from having to isolate if they are “pinged” by the NHS Covid-19 app, the government has announced this evening. Transport secretary Grant Shapps said that testing would be introduced at a number of key transport sites around the country. It comes after a number of rail franchises announced that [...]
City back open for business following lifting of lockdown restrictions July 23, 2021 The City of London Corporation’s Deputy Chairman of the Policy and Resources Committee, Chris Hayward, today addressed the Court of Common Council, the City Corporation’s main decision-making body, to outline a range of steps being taken to support recovery across the Square Mile. In the first in-person meeting at Guildhall since virtual sessions were introduced [...]
New visa planned for graduates of ‘top global universities’ July 23, 2021 Individuals who have attended a “top global university” will be eligible to move to the UK without a job offer under a new scheme unveiled today. A new “High Potential Individual” route will be introduced, the government has announced as part of its new innovation strategy. The government said that the scheme would make it [...]
WPP pulls out of Facebook media agency review July 23, 2021 WPP, which currently handles Facebook’s lucrative media planning and buying account, has pulled out of the social media’s agency review. GroupM, WPP’s media investment management division, has opted not to compete to retain the account, leaving rivals Dentsu, Havas and Publicis Groupe vying for the contract. Facebook’s media buying account is highly sought-after, reportedly covering [...]
UK’s first fossil-fuel-free development to be built on London’s South Bank July 23, 2021 The UK’s first fossil-fuel-free major property development is set to be built in London and will be worth some £2.5bn. The new South Bank neighbourhood, by property developer Native Land, will see the 1.4m sq ft space known as Bankside Yards be built with zero emissions in operation. It includes more than 350,000 sq ft [...]
London Tories call for Khan to reopen van and lorry scrappage scheme July 23, 2021 London’s Conservatives have today written to Mayor Sadiq Khan urging him put £50m from City Hall’s business rates reserves towards reopening scrappage schemes for vans and heavy vehicles ahead of the expansion of the ULEZ zone. Although Khan has so far provided £61m to drivers looking to trade in non-ULEZ compliant vehicles, the van and [...]
Tokenisation: assets are regular mail, tokenised assets are email July 23, 2021 Alex Lightman talks us through the complex world of tokenisation.
Tech stocks lead gains on Wall Street July 23, 2021 US stocks opened up on Friday morning driven by a rally among megacap technology shares. The blue-chip S&P 500 rose 0.54 per cent during the opening session. The Dow Jones increased 0.41 per cent, while the tech-heavy Nasdaq was up 0.4 per cent. Investors piled into tech stocks after a string of strong earnings were [...]
Euro 2020 pushes retail sales above pre-Covid levels July 23, 2021 Retail sales surged above pre-pandemic levels last month as consumers rushed back to high streets to buy products that were unavailable amid Covid lockdowns and splurged on pints during matches at Euro 2020, new figures released today reveal. The volume and value of retail sales in June were up 9.5 per cent and 10.6 per [...]
Exclusive: London Mayor urges China to respect ‘one country, two systems’ principle in Hong Kong July 23, 2021 London Mayor Sadiq Khan has called on the British government to continue applying pressure on the Chinese government to respect the Sino-British Joint Declaration. In an exclusive interview with City A.M., Khan commented that new laws in Hong Kong have severely limited the rights and political freedom of Hongkongers, which is one of the reasons [...]
