Payouts may be given to families to offset higher gas bills under new green government plan July 9, 2021 Families may be provided with cash payouts to offset the cost of higher gas bills under a new green government plan. Whitehall advisors have been discussing plans to compensate households for the more expensive gas bills which will arise from the government push to reduce carbon emissions. The proposals will be aimed at encouraging households [...]
Rishi Sunak calls on workers to return to the office July 9, 2021 Chancellor Rishi Sunak says Brits – especially younger workers – should return to the office as pandemic restrictions ease. The Chancellor expressed concerns that staff could lose crucial work experience while the economy returns. He said it was “really important” for younger staff especially, according to the Telegraph. Sunak admitted that working remotely and mostly [...]
Grant Shapps has reopened travel but plans to manually check vaccine statuses is out of the dark ages July 9, 2021 Yesterday, Grant Shapps announced the new plans to finally allow the travel sector to reopen by allowing fully-vaccinated people to skip quarantine upon return from Amber list countries. However, the Transport Secretary admitted travellers should “expect” queues at border control as a result of the stack of paperwork passengers now need to fill out. Despite [...]
Is being green just the latest trend for businesses? July 9, 2021 ICAS Lecturer Hannah Davis CA, explores whether being ‘green’ is just the latest trend for businesses and whether they are genuinely sustainable. Green branding In ICAS’ subject Business Acumen we talk about sustainable branding and specifically what it means to be a ‘green’ brand. A brand is thought to be ‘green’ when it is constituted [...]
Hiring in the City roars back to life July 9, 2021 The City is roaring back to life driven by financial services firms ramping up hiring activity as the spectre of Covid on the Square Mile recedes, new figures published today reveal. The number of jobs available in London’s financial services sector rose more than twofold over the last year, according to Morgan McKinley’s spring employment [...]
Brexit: Financial services will thrive on the world stage with access to rich foreign markets July 9, 2021 Something has changed in financial services. The events of the last week have put this beyond doubt. In the aftermath of the Brexit referendum, we were focused on designing a deep and comprehensive relationship with the EU based on alignment. When that was rejected, we hoped for the significantly less comprehensive equivalence determinations. As the [...]
Rishi Sunak calls on other G20 countries to finalise global tax deal July 9, 2021 Rishi Sunak has called on other G20 countries to “maintain momentum” over a global tax deal on the eve of a Venice summit. Sunak will meet with other G20 finance ministers and central bank governors in a bid to endorse the global tax plan that has been agreed by the G7 and the Organisation for [...]
Facebook ‘lost’ important rule on dangerous individuals for three years July 8, 2021 Facebook “misplaced” guidance on an important exemption to its rules on dangerous individuals and organisations for three years, the company’s oversight board has revealed. The board, which was created to rule on controversial content decisions, said it had overturned Facebook’s original decision to remove an Instagram post encouraging people to talk about the solitary confinement [...]
Not over yet: UK ‘liable to pay EU €47.5bn’ in Brexit divorce bill July 8, 2021 The UK is reportedly liable to pay €47.5bn (£41bn) to the EU as part of a post-Brexit financial settlement. The EU’s consolidated budget report for 2020, seen by RTE News, states that the UK owes the bloc €47.456bn under a series of articles to which both sides agreed as part of the Brexit Withdrawal Agreement. [...]
Former Barclays boss Bob Diamond to take crypto firm Circle public in Spac deal July 8, 2021 Former Barclays boss Bob Diamond is set to take cryptocurrency firm Circle public through a $4.5bn (£3.3bn) blank-cheque listing. The complex Spac deal will see Circle merge with Concord Acquisition Corp, which is backed by Diamond, before the combined entity is acquired by a new Irish holding company that will trade on the New York [...]
