Priti Patel targets countries deemed uncooperative on asylum seekers July 6, 2021 Home Secretary Priti Patel could soon be able to block visas for citizens from countries thought to be uncooperative in taking back asylum seekers. The power is included in a clause in the proposed Nationality and Borders Bill published today. It would grant home secretary Patel, and all future post holders, the ability to suspend [...]
Bus operators handed £226m in emergency Covid funding July 6, 2021 Bus operators will be granted £226.5m in government support to ensure vital services can continue to run after Covid restrictions are listed. Ministers today confirmed the new funding package will run from September until April and will be available to operators across England, outside London. The recovery funding will follow the current £1bn emergency support [...]
Half of the total UK population is now double-vaxxed July 6, 2021 More than 33m people have received both doses of the Covid-19 vaccine, according to the latest government figures, but the number of deaths from Covid is slowly edging up too. The number of people who have now received full vaccine protection in the UK equates to 50.5 per cent of the total UK population of [...]
Former Sainsbury’s boss backs Ellie Goulding’s hard seltzer brand July 6, 2021 Former Sainsbury’s chief executive Justin King has made a “significant” investment in Ellie Goulding’s hard seltzer drinks brand and joined the board as a senior adviser. Served, which was founded by brothers Dean and Ryan Ginsberg last year, has seen its revenue surge in recent months and was valued at £13.6m after a funding round [...]
Soho House eyes $3.2bn valuation ahead of New York listing July 6, 2021 The parent company of the Soho House members club said it is targeting a valuation of about $3.2bn (£2.3bn) as it prepares to list on the New York Stock Exchange. The group, which filed for the initial public offering (IPO) under the name ‘Membership Collective Group’ in June, said it plans to raise as much [...]
EU regulators clear Astrazeneca’s £28bn takeover of rival Alexion July 6, 2021 European regulators have cleared Astrazeneca’s £28bn takeover of rival Alexion Pharmaceuticals, the British company announced today. The deal, first agreed in December, will give Astrazeneca access to five new drugs and more than a dozen in Alexion’s pipeline. Astra said the clearance from Brussels was an important step towards completed its buyout of the New [...]
Hedge fund Marshall Wace plots investments in cryptocurrency companies July 6, 2021 The London-based hedge fund group is planning to buy stakes in privately held digital asset companies that are at a late stage in their development. Marshall Wace is planning a long term crossover strategy to make late-stage venture capital investments in digital finance companies, a person with knowledge of the plans told City A.M. The [...]
Lord Bethell probed over Westminster pass for Matt Hancock’s aide Gina Coladangelo July 6, 2021 Tory peer under investigation over pass for aide Matt Hancock was caught kissing
US lobby groups gear up to fight Biden corporate tax hikes July 6, 2021 US business lobbying groups are preparing to stop new corporate tax hikes in a spending bill linked to the bipartisan $1.2tr (£870bn) infrastructure deal. As reported by Reuters, the US Chamber of Commerce, the National Association of Manufacturers, the National Retail Federation and other wealthy lobby groups plan to sway a handful of Democrats against [...]
Three very cool roles open in London right now July 6, 2021 Are you looking for a new job at the moment? We have some great news – loads of brilliant companies are hiring this summer, all over the UK and beyond. This week, we wanted to highlight some really cool jobs that are open in London. Check them out and be sure to apply if they’re [...]
