New Porsche 911 GTS could be the sports car sweet-spot June 25, 2021 The latest ‘992’ generation of Porsche 911 GTS gains a 30hp power boost and driver-focused suspension to further enhance its popularity.
Google delays cookie ban after UK watchdog pressure June 25, 2021 Google has delayed plans to remove third-party cookies from its Chrome browser by almost two years following pressure from rivals and competition regulators. The search engine giant had planned to ban companies from gathering users’ browsing data from January next year, but has now pushed back the move to the end of 2023. Google said [...]
Euro 2020 fails to trigger surge in spending on pints June 25, 2021 Euro 2020 has failed to trigger a burst in spending at pubs and restaurants, reveals new research. Spending in pubs and restaurants in the first 13 days since Europe’s flagship international football tournament kicked off was eight per cent lower than the 13 days before, according to debit card spending data from Lloyds Bank. The [...]
Amigo shares jump after lender extends funding lifeline June 25, 2021 Amigo today said it had secured three months of breathing space from its lender as the business tries to avoid collapse. The guarantor lender said the bank had extended the grace period, which was set to run out today, to 24 September. However, it has been cut to £100m from £250m. Amigo has been under [...]
Teneo boss loses charity job after drunken antics at Prince Harry’s J-Lo concert June 25, 2021 The head of PR behemoth Teneo has stepped down from the board of a charity following allegations of drunken misconduct at a star-studded fundraising concert. Declan Kelly, chairman and chief executive of Teneo, has lost his board seat at campaign group Global Citizen after an alcohol-fuelled incident during the concert in May. He has also [...]
Flag flies over Guildhall to celebrate role of UK Armed Forces June 25, 2021 The Armed Forces flag is flying over the City of London Corporation’s headquarters today – to mark a national celebration of the UK’s servicemen and women. The flag was raised at Guildhall during a week of events across the country ahead of Armed Forces Day on Saturday (26), which this year includes a focus on [...]
Does low volatility mean a shock lies in store for investors? June 25, 2021 Despite the many viral, economic, and geopolitical risks in the world today, volatility in asset markets has fallen to remarkably subdued levels. The VIX Index, the market’s so-called fear gauge, has recently fallen to a reading of around 16. This is below the average since 1991 of 19. The VIX reflects the amount of volatility [...]
Car production still stalled at just half of pre-pandemic levels June 25, 2021 The number of cars produced in the UK last month remains mired at nearly half of pre-pandemic levels as the industry grapples with shortages of key components like semi-conductors. In May, 54,962 cars rolled off production lines, a tenfold improvement on the same month in 2020, when factories were in lockdown. However, the figure is [...]
NHS Test and Trace: 600m tests unaccounted for and scheme still ‘wracked with problems’ June 25, 2021 NHS Test and Trace: 600m tests unaccounted for and scheme still 'wracked with problems'
Exclusive: Business chiefs call for long-term TfL funding to support return to work June 25, 2021 The government must agree a sustainable long-term funding deal for Transport for London (TfL) to help support the capital’s post-pandemic recovery, business chiefs have urged. In a new report seen by City A.M., lobby group London First said maintaining public transport services in the capital was “vital” in rebuilding confidence and supporting the shift to [...]
