Global banking powerhouses await forex class action ruling July 12, 2021 A London court this week will rule whether a multi-billion-pound class action filed against the world’s largest banks over accusations of foreign exchange rigging can proceed. Barclays, NatWest, UBS, Citigroup, JPMorgan and MUFG Bank are waiting to see whether they will face the first forex class action in the UK after the five-day hearing kicked [...]
WHO chief scientist warns against mixing Covid vaccines July 12, 2021 Mixing and matching different Covid vaccines could lead to a “chaotic situation”, the World Health Organisation’s chief scientist warned on Monday. “It’s a little bit of a dangerous trend” as there is little data available on the health impact of it, the WHO’s chief scientist Soumya Swaminathan told an online briefing. Read more: Covid scientists: [...]
Pandemic: Average household wealth grows for first time during recession since 1940’s July 12, 2021 Britain’s wealth gap continued to widen during the pandemic, with the richest 10 per cent earning £50,000 on average, according to think tank The Resolution foundation. The foundation attributed the increase to rising house prices and a lack of spending opportunities. Jack Leslie, a senior economist at the think tank, said it was rare for [...]
Johnson warns pandemic ‘not over’ as 19 July freedom day to go ahead July 12, 2021 Boris Johnson has warned the pandemic “is not over” as the government today confirmed that so-called freedom day will go ahead on 19 July. Johnson said that “we cannot revert from 19 July as it was before Covid”. “We will stick to our plan to lift legal restrictions and to lift social distancing,” he said. “We [...]
US stocks scale to new record highs July 12, 2021 US stocks reached another record high on Monday as investors eagerly await the start of earnings season. The tech-heavy Nasdaq and blue-chip S&P 500 both scaled to new heights today, but inched back shortly afterwards. The S&P 500 rose 0.19 per cent during morning trading, while the Nasdaq added 0.06 per cent. Read more: FTSE [...]
Chaos at Heathrow Terminal 5 as staff forced to self-isolate July 12, 2021 Chaos at Heathrow Terminal 5 as staff forced to self-isolate
Masks, mass events and more in the office: What Freedom Day means for you July 12, 2021 Millions of Londoners will enjoy a range of new liberties from 19 July, after Boris Johnson this evening announced the coronavirus restrictions that will be lifted as planned. Back in February when the PM outlined the government’s roadmap out of lockdown, he told MPs that step four would entail “all legal limits on social contact” [...]
Government’s vaccine bounce comes to an end as public opinion shifts July 12, 2021 New polling suggests the vaccine bounce in the polls has ended for prime minister Boris Johnson and his government, as Labour support slowly ticks up. Johnson’s net favourability score has fallen after he and his party experienced a boost in support in May polls, according to YouGov. The UK’s successful rollout of the Covid-19 vaccine [...]
Government scraps TfL bus service review due to extra restrictions July 12, 2021 Transport for London (TfL) will no longer have to carry out a review of bus services levels in July after the government agreed to waive the step after concerns were raised. Under TfL’s latest six-month funding package, the transport operator had to undertake a review of bus passenger numbers in both July and September. But [...]
Javid: Covid cases numbers to ‘get a lot worse before they get better’ July 12, 2021 Sajid Javid has warned that Covid cases numbers will “get a lot worse before they get better” as he confirms that England will go ahead with so-called freedom day next Monday. Javid said that the unlocking will still happen as Covid surges as there is “never a perfect time to take this step” and that [...]
