Online harms laws pose threat to free speech, Lords committee warns July 22, 2021 The government’s plans to crack down on harmful online content pose a threat to freedom of speech and would be ineffective, peers have warned. In a report published today, the House of Lords communications and digital committee slammed plans to address “legal but harmful” material, saying the issue should instead be addressed through tougher law [...]
EY Parthenon brings on former government advisor Mats Persson as partner July 22, 2021 EY has announced the appointment of Mats Persson, a former chief of staff to Sajid Javid, as a partner in its strategy and transactions business. Persson had already been acting as an independent advisor over the last year, designing strategies for transport and energy companies, the auditing giant said in a statement published last week. [...]
China rejects WHO plan to further investigate Covid-19 origin July 22, 2021 A senior Chinese health official rejected the next stage of a World Health Organisation investigation into the origin of Covid-19, which plans to audit labs and markets in the city of Wuhan. Zeng Yixin, vice-minister of the National Health Commission, said in a press conference in Beijing that he was taken aback by a hypothesis [...]
Daily Mail owner posts revenue rise amid Rothermere takeover bid July 22, 2021 The owner of the Daily Mail has reported a sharp rise in revenue in its latest quarter as it gears up for a potential take-private bid by Lord Rothermere. Daily Mail and General Trust (DMGT) said its group revenue grew by a quarter in the three months to the end of June. This was driven [...]
Study says two shots of either AstraZeneca or Pfizer effective against Delta variant July 22, 2021 Two does of the Pfizer or AstraZeneca Covid-19 vaccine provide nearly as much protection against the Delta variant as they do against the previously dominant variants, a new study shows. The positive news comes as cases of the Delta variant are rising exponentially around the world. Over 44,000 people tested positive for the virus in [...]
UK government to sell-off more of NatWest stake July 22, 2021 The UK government is set to sell more of its stake in NatWest over the next year. Over the next 12 months, the government plans to sell 15 per cent of its stake in the bank formerly known as Royal Bank of Scotland through a share sale. Read more: NatWest chairman warns City will never [...]
New investors flock to AJ Bell as platform hits £70bn assets under management July 22, 2021 AJ Bell continued to attract a substantial amount of new customers to its platform in the third quarter, delivering a 30 per cent increase in its total assets. In a trading update, AJ Bell said its total assets under administration for the three months ended June 30 rose to £70.4bn, a 30 per cent rise [...]
Exclusive: Clim8 is a green investing platform that wants to distance itself from ESG July 22, 2021 Clim8, a London-based sustainable investing platform, is on a mission to challenge ESG funds so that investors can bypass “greenwashing” and find a portfolio of companies that are having a positive impact on climate change. The platform, which launched its app “Clim8 Invest” in March, today announced it has closed its third funding round. The [...]
Small businesses will drive recovery if they can access the right finance July 22, 2021 Having reached ‘Freedom Day’ this week, it would be gratifying to think that the small businesses that power our economies in the UK are on the path to a sound trading recovery. Economic indicators, including our own Global Economic Conditions Survey for the last three months, are reporting a strong rebound in the UK economy [...]
Musk: Tesla to resume accepting Bitcoin as payments July 22, 2021 Tesla is to resume accepting Bitcoin as payments after it finishes checks on the cryptocurrency’s environmental impact, chief executive Elon Musk said yesterday. “I wanted a little bit more due diligence to confirm that the percentage of renewable energy usage is most likely at or above 50 per cent, and that there is a trend [...]