Keep it in the family: 11 siblings behind two boozy powerhouses July 13, 2021 Brewing and distilling have for centuries been family pursuits, but the McAvoy family have taken that idea to almost absurdist lengths. Launched in 2017, the Sis4ers Distillery is run by sisters, Kerry Collins, Hayley Robinson, Kate Haslam and Lucy McAvoy, themselves the siblings of the brothers behind the Seven Bro7hers Brewing Co, based on the [...]
Global PC shipments lag after pandemic peaked demand July 13, 2021 Worldwide shipments of PCs grew just 4.6 per cent in comparison to the second quarter in 2020, after the pandemic peaked demand, according to research and advisory firm Gartner. The shipments totalled 71.6m units in the second quarter of this year and while the growth appears minor, it remains above pre-pandemic levels. The lagging growth [...]
Rumours of Apple Bitcoin purchase swirl on social media, but are they to be believed? July 13, 2021 Bitcoin is down roughly three per cent to just above $33,000, keeping it within that same narrow range it’s been trading in over the last month or so.
David Cameron earned more than $1m a year as Greensill lobbyist July 13, 2021 Collapsed finance group Greensill Capital paid the former Prime Minister a salary of more than $1m (£722,000) a year to lobby government ministers and officials on behalf of the firm. Cameron was contracted to work 25 days a year as an adviser to the board, meaning his daily take home earnings amounted to more than [...]
Nokia expects stronger 2021 results July 13, 2021 Nokia says it expects to revise upwards its expectations for 2021, following a strong second quarter. The telecommunications company said it will also provide the full details on its second quarter, half-year financial performance and the revised full year 2021 guidance at the end of July. Shares in the group rose 7.5 per cent to [...]
Credit Suisse’s Swiss compliance head leaves with immediate effect after just four months July 13, 2021 The head of compliance at Credit Suisse’s Swiss unit, Floriana Scarlato, is leaving the bank with immediate effect, even though she had only been in the role since March. Scarlato will be taking up a new role outside the bank and her successor will be announced in due course, the financial giant confirmed. Scarlato is [...]
Biden to warn US companies about risks of operating in Hong Kong July 13, 2021 The US government will this week warn companies of the increasing risks of doing business in Hong Kong as China imposes greater control on the financial hub according to reports. Biden is said to be concerned that US companies would face threats from the Chinese government to gain access to data that foreign companies store [...]
London in need of affordable housing to power recovery, say insurers July 13, 2021 London will struggle to rebuild from the pandemic unless more affordable housing is built, insurers Legal & General have warned today. The L&G Rebuilding Britain Index show housing is the poorest performing measure – behind jobs and economic prosperity – with affordable housing falling flat in London and the South East and West of England. Nigel [...]
Kier group ‘moderately ahead of expectations’ after attempts to slash debt July 13, 2021 Infrastructure services and construction group Kier, which worked on London’s HS2, has finished the year “moderately ahead of expectations”, it said today. The group has been on the receiving end of hefty government contracts, namely a £1bn prisons contract for the Ministry of Justice, for the year ending 30 June. Kier had also accepted a [...]
FCA threatens action against retail banks for poor financial crime controls July 13, 2021 The Financial Conduct Authority (FCA) has issued a warning to retail banks about their continuing weaknesses and failings surrounding financial crime controls in a letter published in full today. The letter, which was penned by David Geale, the Director of Retail Banking & Payments Supervision for the FCA, and sent to banking industry chiefs across [...]
