Arcane taxes on junk food is all pain with almost no benefit July 16, 2021 Some people are born lucky. They can eat junk food all day long without putting on any weight. Others develop rolls of fat after a few packets of crisps. The former can live blissfully without these concerns. The latter must struggle every day – either with obesity or self-control and exercise – to stay in [...]
The outlook for business post-pandemic July 16, 2021 As we work towards exiting the pandemic we’ve spoken to insolvency expert, Blair Nimmo CA, on the outlook for businesses post-pandemic. Blair, the former UK Head of Restructuring and Global Head of Insolvency at KPMG, is Interpath’s Chief Executive Officer. As well as leading the strategic direction of the Interpath business, Blair also takes an [...]
Pop-up vaccine centres are coming to London parks in time for the sun this weekend July 16, 2021 In the latest iteration of the government’s “grab a jab” mass vaccination drive in the capital, several parks around the city will play host to pop-up clinics this weekend. It’s the final push for the NHS vaccination programme to maximise the jab rollout before the majority of coronavirus restrictions are lifted on Monday. Pop-up clinics, [...]
Government unveils new ‘hospitality strategy’ to boost sector post-Covid July 16, 2021 The UK’s hospitality businesses are set to receive increased support through the government’s vocational training programmes in a bid to boost the sector post-Covid. The new “hospitality strategy” will also see the government work with the British Business Bank and other lenders to “support access to finance for hospitality firms so they can invest in [...]
US stocks lose ground despite strong jobless claims July 15, 2021 US stocks fell on Thursday despite strong jobless claims data strengthening the outlook for the American economy. The blue chip S&P 500 dropped 0.65 per cent today, while the tech-heavy Nasdaq fell 1.14 per cent on falls among growth stocks. The Dow Jones slipped 0.17 per cent. Read more: US stocks muted as Powell moves [...]
Exclusive: London workers flood back to the office ahead of freedom day July 15, 2021 Workers in London are already returning to the office in their droves ahead of the lifting of all Covid restrictions on 19 July. Research shared exclusively with City A.M. by Land Sec shows 70 per cent of London office workers are already coming into the office at least one day a week. Read more: So [...]
Londoners may be set for bumper 5 per cent TfL fares hike in 2022 July 15, 2021 Londoners could face a 5+ per cent hike in Tube fares next year as Transport for London (TfL) is forced to adjust its prices to ballooning inflation. Under the terms of TfL’s most recent government bailout, the transport body has to increase its prices each year by 1 per cent more than the retail price [...]
Cairngorm Capital acquires robo-adviser and wealth manager to launch new digital firm July 15, 2021 Private equity firm Cairngorm Capital has acquired wealth manager Whitefoord and robo-adviser Munnypot to launch a new digital firm combining financial advice with investment management. The new firm, called Verso Wealth Management, will combine online investment service Munnypot’s digital platform technology with Whitefoord’s investment management and financial advice services to create an automated advice platform. [...]
City lawyer takes government to High Court over Northern Ireland Protocol July 15, 2021 Four businesses will submit evidence against the government to England’s High Court in the coming weeks in a bid to prove the Northern Ireland Protocol infringes on the European Convention of Human Rights. Clive Thorne, partner at City of London firm McCarthy Denning, is representing the four Northern Irish businesses and says he is trying [...]
Post-Brexit NI: Trade deal has bigger hangups than so-called ‘sausage war’ July 15, 2021 The UK and the European Union’s post-Brexit trade deal has bigger hang-ups than the so-called “sausage war” would have let on, a Northern Ireland retail head told MPs. There are much larger problems that lie ahead for the trade industry, Northern Ireland Retail Consortium director Aodhan Connolly said. Speaking at a hearing on the impacts [...]
