Post-Brexit rebound: London muscles out Amsterdam to reclaim trading top spot July 2, 2021 The City reclaimed its place at the top of Europe’s largest share trading centre rankings last month for the first time since Brexit, muscling out Amsterdam from top spot. £7.6bn (€8.9bn) of shares a day were traded on average at London venues in June, compared to £7.6bn (€8.8bn) for various Dutch venues, new data published [...]
Asda adopts permanent hybrid working for office staff July 2, 2021 Staff at Asda head offices will be able to choose where they work on a permanent basis even Covid restrictions are eased and working from home guidance is dropped. The change means around 4,000 staff, most of whom are based in Leeds, will be able to work more flexibly on a permanent basis. Asda said [...]
EP: 70 Sandown Eclipse Day July 2, 2021 It’s Eclipse Day at Sandown on Saturday when the 3-year olds take on older horses for the first time in their career. The Group 3 “Charge” over 5 furlongs and the Listed “Distaff “for the fillies are further highlights on the Esher card. Trainer Robert Cowell joins us as our special guest. City A.M. racing [...]
City A.M. TV: A market snapshot (video) July 2, 2021 US markets have continued their grind higher this week with the S&P500 eking out gains on all four trading sessions so far. Across the globe, though, the strength in other equity markets has been less marked: In the Euro zone most equity markets have traded sideways or even lower over the course of June; in [...]
MELD – the ‘Banking Stack of Cardano’ launches novel ISPO bringing in $100m of staked ADA July 2, 2021 Crypto AM Daily presents all the key points from the world of cryptocurrency, including MELD, Cardano and Bitcoin's green credentials.
Delta variant cases rise by more than 50,000 in a week July 2, 2021 Cases of the delta variant of Covid-19 have risen by 50,824 since last week, representing a 46 per cent case increase, according to the latest figures from Public Health England. There are now nearly 162,000 cases of the Delta variant in the UK, making up approximately 95 per cent of the nation’s Covid cases. [...]
Smart devices could expose homes to thousands of cyber attacks a week July 2, 2021 A home filled with smart devices could be exposed to thousands of hacking or unknown scanning attacks from around the world in a single week, according to a new report. A real-world study carried out by consumer group Which recorded more than 12,000 attack attempts in a week, including 2,435 specific attempts to maliciously log [...]
OECD: Ireland snubs global tax deal July 2, 2021 Ireland refused to sign a major agreement to overhaul the global corporation tax regime on Thursday. 130 countries and jurisdictions agreed to the deal brokered by the Organisation for Economic Cooperation and Development, which paves the way for sweeping international changes. The new regime will see a global tax for 100 of the world’s largest [...]
Online materials retailer CMO valued at £95m in London AIM listing July 2, 2021 Online-only building materials firm CMO has bagged a sturdy valuation of £95m ahead of its London AIM listing, the company confirmed this morning. CMO said it is trying to rally around £45m in a share placement for 132p per share on London’s junior AIM market. Last week, the online retailer announced its intention to list [...]
Haribo latest company to sound alarm on lorry driver shortages July 2, 2021 Brits could soon find it difficult to get their hands on Haribo’s famous gummy sweets, as a shortage of lorry drivers has left the German confectionary giant struggling to get its products to UK shops. Haribo told wholesale and retail customers it had a number of problems in the supply chain and was “working flat [...]
