Frost expected to threaten to break with Northern Ireland Protocol on Wednesday July 19, 2021 Boris Johnson’s defacto Brexit minister has confirmed he will update parliament on the Northern Ireland Protocol this week, with rumours swirling he will threaten to deviate from the post-Brexit arrangement. Lord David Frost told a parliamentary committee meeting today that the protocol “must work in a different way if we’re to find the stable route [...]
Swiss bank UBS to settle US charges over volatility-tied compliance failures July 19, 2021 Swiss bank UBS’s brokerage branch is set to dish out $8m to settle charges made by the US’ securities regulator over compliance failures. The compliance issues related to the sales of a volatility-linked, exchange-traded product, the regulator confirmed today. The Swiss bank was charged by the US Securities and Exchange Commission (SEC) for failing to [...]
Companies boosted by Covid rank among the worst market performers July 19, 2021 Companies boosted by the onset of the Covid crisis rank among the worst performers on the market over the last year. Takeaway delivery company Just Eat Takeaway.com has benefitted from a surge in orders since the arrival of the virus as a result of Brits rushing to find substitutes to dining out during lockdowns. However, [...]
Let’s talk logistics: Transport software firm Microlise to float in London July 19, 2021 Transport logistics software group Microlise is set to list on London’s junior market later this week, as the transport industry seeks to slash emissions amid supply chain struggles. “Our customers are under pressure to meet increased environmental regulations and want more integration across supply chains,” CEO Nadeem Raza said. “The challenges of the pandemic and [...]
Surf legend Kelly Slater is ready to ride the crypto wave July 19, 2021 Multiple world champion surfer Kelly Slater says he’s contemplating creating his own cryptocurrency.
Freedom Day: UK runs out of lateral flow tests the day lockdown lifts July 19, 2021 The UK has run out of lateral flow tests for Covid-19, the same day most lockdown restrictions were lifted in the country, which has been coined ‘Freedom Day’. Those trying to buy testing kits from the government’s website have been told that ‘no more tests can be ordered’ and to ‘try again tomorrow’. It comes [...]
Forward Partners loses pre-trading gains on London AIM debut July 19, 2021 Tech-focused venture capital firm Forward Partners’ pre-trading gains were eroded by almost 13 per cent upon its listing on London’s AIM market on Monday morning. Shares in the VC firm slid to 100p at some points on Monday following its AIM debut – in line with its float price, and 12.5 per cent down on [...]
Bus privatisation a ‘masterclass in how not to run a public service’, report finds July 19, 2021 The privatisation of the UK’s bus industry three decades ago has proved a “masterclass in how not to run an essential public service”, a new report into the sector has found. Philip Alston, a law professor and former UN special rapporteur for poverty, said that since Margaret Thatcher’s reforms in 1985, the country had been [...]
Croatia Green List destination: The Hotel Bellevue in Dubrovnik July 19, 2021 With Croatia among the destinations moved to the Green List today, it is suddenly at the forefront of travel plans for discerning holiday-makers. Here’s how to combine a beach holiday with a city break at the Hotel Bellevue in historical, luxurious Dubrovnik. THE WEEKEND: With its perfectly preserved ancient stone walls, winding medieval streets and [...]
Robinhood seeks $2bn capital rally ahead of summer Nasdaq IPO July 19, 2021 Trading platform Robinhood is eyeing a more than $2bn fundraise to accompany its initial public offering which is expected later this summer. The app, which rose to fame amid the Gamestop meme-stock rally at the beginning of the year, filed paperwork for the listing at the beginning of July. Robinhood is set to market 55m [...]
