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 [...]
16 UK cases so far: Public Health England confirms new Covid variant July 23, 2021 A new variant of coronavirus has been detected in the UK and is now under investigation, Public Health England (PHE) has said. The investigation began on Wednesday into the variant currently known as B.1.621. Just 16 cases have been found so far. The UK public health body said that there has not been any evidence [...]
Indian food delivery app Zomato surges 80 per cent on IPO July 23, 2021 Indian food delivery startup Zomato skyrocketed as much as 80 per cent on its stock market debut today, setting the pace for a string of upcoming listings in the country. Shares in Zomato, which is backed by Ant Group, surged as high as 138.9 rupees each, giving the company a market capitalisation of $12bn. It [...]
China and Russia must “do more” for climate change says Alok Sharma as COP26 nears July 23, 2021 The president of COP26 says climate change affects us all – but that “big emitters” China, India and Russia “need to do more”, as the summit is around 100 days away. The global COP26 climate summit is scheduled to take place in Glasgow in November, after being delayed because of the pandemic. “China, India, Russia [...]
Mr Kipling manufacturer Premier Foods sales ahead of expectations July 23, 2021 Premier Foods have reported stronger than expected sales as the Mr Kipling manufacturer’s healthier ranges have proven popular with consumers. Group sales were up by 6.3 per cent compared to two years ago – at top end of Group’s expectations – while its branded sales also rose, by 9.3 per cent. The Hertfordshire-based company published [...]
