‘Lower prices, more choice’: UK mulls tariff cuts for exports from developing countries July 19, 2021 The government is set to trim tariffs on UK imports from developing countries to both boost their economies and bring Brits “lower prices and more choice”. Around 70 countries currently qualify for the new Developing Countries Trading Scheme (DCTS), which will also introduce simpler bureaucratic rules when exporting to the UK once approved. The UK [...]
Space Jam: A New Legacy review – a messy Warner Bros advert July 19, 2021 You might think cinematic crossovers are a modern invention, but 25 years ago two icons of entertainment met on the big screen. At the peak of his popularity, Michael Jordan starred in Space Jam, his one and only film role, opposite Bugs Bunny and The Looney Tunes. The film was a box office hit, and [...]
Thousands of Lloyds, Halifax and Bank of Scotland customers locked out of their accounts July 19, 2021 Thousands of customers have reported that they are locked out of their Lloyds Bank, Halifax and Bank of Scotland’s internet banking services and apps. Over 1000 people had reported issues with the Lloyds website by 11am today, according to Down Detector, which monitors IT issues at large consumer-facing companies. 1,100 people reported issues with Halifax [...]
Deloitte partner lays down the law for junior staff in leaked email July 19, 2021 The UK lead of Monitor Deloitte told junior staff that they should become “millionaires, authors or bums” if they wanted to be picky with their projects, in a leaked internal email. Alexander Curry, a partner and UK Lead at Monitor Deloitte, said that junior staff do not own their own time, in an email sent in [...]
UK investor confidence sinks as ‘Freedom Day’ renews pandemic uncertainty July 19, 2021 Investor confidence in the UK has sunk five per cent in July, as ‘Freedom Day’ renews pandemic uncertainty across the country, according to new research. The UK’s investor confidence lags behind that of the rest of the world, which averages dips of two per cent, data from Hargreaves Lansdown found. “Far from bringing an added [...]
KPMG settles lawsuit with $84m payout after failing to spot fraud at Chinese group July 19, 2021 KPMG has agreed to pay around $84m to settle legal claims after failing to identify fraud at a Chinese timber company. China Forestry’s IPO led to backlash against poor listing standards in Hong Kong. Its liquidators claimed the accounting giant was negligent in failing to detect serious false accounting by some of the company’s top [...]
Celebrities come out for crypto, but will Iron Mike have diamond hands? July 19, 2021 The Bitcoin price continues to hold above $30,000 again today, although it’s now down eight per cent on this time last week.
Pictures: Revellers return to nightclubs at midnight on ‘Freedom Day’ July 19, 2021 Dancefloors across England were packed with pandemic partygoers at midnight as Covid rules eased in the country. Thousands of clubbers queued for sell-out venue events on Sunday July 18 to celebrate the lifting of restrictions that came into force this morning. As of 00:01 today England dropped most of its remaining Covid-19 social restrictions, such [...]
US property firm picks up Angel office development in bet on office return July 19, 2021 American property firm Tishman Speyer confirmed the £86.5m purchase of a major office development in Islington this morning as it bets on workers returning the office. The deal with British property investment business Derwent London sees the sale of their office freehold interest in Angel Square, just behind Angel tube station. Derwent London announced the [...]
Wedge fund: one man’s passion for the unloved Aston Martin Lagonda July 19, 2021 We assembled the world's largest collection of 'wedge' Aston Martin Lagondas ‒ and met the man who owns all 24 of them. Then we drove one.