Brexit: High court rejects attempt to overhaul Northern Ireland protocol June 30, 2021 Belfast’s high court has today dismissed a legal challenge to the Northern Ireland Brexit protocol. The Belfast court ruled that the EU Withdrawal Act supersedes claims that the Protocol breaches the Acts of Union between Britain and Ireland. The ruling will be welcomed by UK and EU negotiators who are set to announce a range [...]
OneWeb scores $500m injection from India’s Bharti Global ahead of satellite launch June 30, 2021 OneWeb has received an investment injection of $500m today from business giant Bharti Global, making the Indian conglomerate the start-up’s largest shareholder. Just days after the UK space start-up inked a deal with BT, OneWeb, which currently has 218 satellites, is due to launch another 36 on Thursday. Bharti now has a 39 per cent [...]
Euro 2020: BBC pulls in more than 20m viewers for England’s Germany win June 30, 2021 More than 20m people tuned into the BBC yesterday to watch England’s 2-0 victory over Germany at Euro 2020. The historic clash attracted a peak audience of 20.6m viewers, representing more than 80 per cent of audience share. The bumper numbers mean almost a third of the UK population settled in for the game, which [...]
City Moves: Who’s switching jobs in the Square Mile this week? June 30, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. IoD’s chief economist departs for Fitch Ratings The Institute of Director’s (IoD) chief economist will step away from the role next week to become director of economics at US credit rating [...]
Another Round review – drinking drama earns its Oscar June 30, 2021 A lot of films make it to our screens thanks to an interesting concept – what if there was a theme park that brought back dinosaurs, what if a man’s whole life was a 24-hour TV show, what if you could invade someone’s dreams? The idea behind Danish drama Another Round is slightly less ambitious, [...]
Crypto markets ending June on a high June 30, 2021 There’s no hiding from the fact that June was a brutal month in the alt markets, but can they build on the upward momentum in July?
Opioid treatment firm Indivior upgrades outlook and shares take off June 30, 2021 Drug addiction treatment firm Indivior upgrades outlook and shares take off
Civitas Social Housing raises target dividend following portfolio growth June 30, 2021 Civitas Social Housing has raised its target dividend by nearly three per cent after the real estate investment trust (REIT) performed well in the last year despite Covid-19. The REIT has raised its target dividend to 5.55 pence per share for 31 March 2022, up from 5.4 pence per share in the 2021 financial year. [...]
Shop prices fall faster in June June 30, 2021 The price of goods in UK shops fell at a faster rate in June than in May as businesses sought to maintain momentum in consuming spending, according to data published today. The British Retail Consortium’s Shop Price Index showed shop prices dropped 0.7 per cent annually in June, a faster rate than May’s 0.6 per [...]
Google to crack down on financial scams after City watchdog threat June 30, 2021 Google is set to tighten its advertising rules in the UK in a bid to crack down on financial scams following pressure from the City watchdog. The tech giant said all financial services advertisers will have to prove they are authorised by the Financial Conduct Authority (FCA). The new policy will come into force from [...]