EU puts tech tax on hold, amid US pressure – but Ireland pushes back July 12, 2021 The EU has decided to delay plans for a new digital services tax, under pressure from the US administration and after the G20 agreed to a global overhaul of corporation tax – but EU member Ireland has restated its criticisms of the wider reform. The European Commission had planned to outline its proposed tech tax [...]
Have your say on plans to protect City against rising sea levels July 12, 2021 The City of London Corporation has launched a public consultation on its proposed Riverside Strategy which aims to protect the Square Mile against rising sea levels as a result of climate change. The pioneering strategy is the first of its kind in the capital and sets out how to ensure the Square Mile’s River Thames flood defences continue to [...]
More staff yearn for their pre-pandemic commutes as return to looms July 12, 2021 More staff yearn for their pre-pandemic commutes as return to looms
Ecotricity reveals £56m pursuit of Good Energy July 12, 2021 Ecotricity this morning revealed that it has made a number of offers to take control of the stock of fellow energy supplier Good Energy. The latest offer, which values the firm at £56.6m, is the third bid that Ecotricity has made for the Chippenham-based company. The bid offers a 18.9 per cent premium on Good [...]
Italy may add another string to EU’s vaccine bow as new jab shows strong results July 12, 2021 Italy’s homemade Covid-19 vaccine has shown a strong immune response in its mid-stage trials, according to biotech firm ReiThera, which could potentially add another string to Europe’s vaccination bow. ReiThera said its vaccine candidate, called GRAd-COV2, showed no major side effects in intermediate phase two clinical trials – and that it is in talks with [...]
Covid-19 update: How large could UK’s third wave of cases be? July 12, 2021 Covid-19 update: How large will UK's third wave of cases be?
US semiconductor firm Achronix scraps $2bn Spac listing July 12, 2021 US semiconductor company Achronix has scrapped its planned $2.1bn (£1.5bn) blank-cheque listing after the deal was held up by regulators. The California-based company inked an agreement in January to merge with a special purpose acquisition company (Spac) named Ace Convergence Acquisition Corp. The deal was subject to meeting certain closing conditions, including gaining regulatory approval. [...]
Italian police foiled fake Covid-19 passport ring days before England final July 12, 2021 Italian police say they smashed a crypto scheme selling fake Covid-19 passports to thousands of customers just days before the Euro 2020 final with England.
The future of instant coffee looks a little brighter thanks to Little’s July 12, 2021 The coffee pod market now supplies 96 million cups a day to caffeine fiends across the globe. But it’s also coming under increasing scrutiny for its wasteful packaging, which sends many tonnes of plastic to the landfill. Devon’s Will Little might just have a solution for those time-poor coffee drinkers: “I asked myself ‘Why don’t [...]
Let the train take the strain: The revival of sleeper services July 12, 2021 The opening of the Eurostar service between London and Paris revolutionised travel for Britons to the Continent. The first train from Waterloo to the Gare du Nord ran on 14 November 1994, and a full daily service was operating by the following May. The completion of High Speed 1 in 2003 shortened the journey time [...]
