FTSE 100 jumps as investors digest Bank of England rate decision June 24, 2021 The FTSE 100 climbed this afternoon as investors digested the Bank of England’s decision to hold rates at a record low. The capital’s premier index gained 0.56 per cent in afternoon trading to reach 7,113. A weaker pound helped to the lift the export-heavy blue chip index. Food delivery company Just Eat gained 2.19 per [...]
Record backlog: 60,000 cases waiting to be heard in UK crown courts June 24, 2021 The backlog of criminal cases in the UK’s crown courts has hit almost 60,000 – the highest number since records began. There were 59,532 outstanding crown court cases in the first quarter of 2021, up 45 per cent on the same period last year, according to the latest figures from the Ministry of Justice (MoJ) [...]
European Parliament approves landmark law to make emissions targets legally binding June 24, 2021 The European Parliament has approved a landmark law today which makes emissions targets within the European Union legally binding. Earlier today, the UK’s Committee on Climate Change (CCC) said the government’s lack of policies jeopardise the country’s chances of meeting its net zero emissions by 2050 target. “Today is a historic day,” Swedish Social Democrat [...]
Citi bank boss wants staff in the office as they ‘work better together’ June 24, 2021 Citi today said that it expects its UK-based staff to come into the office at least three days a week once Covid restrictions are lifted, claiming that the “business works best from being together”. Speaking on the BBC’s Today Programme this morning, James Bardrick, the UK head of Citi, said that the company is asking [...]
Renegade wine made in Bethnal Green – with YOUR face on it June 24, 2021 Warwick Smith is Bethnal Green’s first and so far only winemaker, and probably the only one that puts his customers’ faces on the bottle. “We ask people to put themselves forward every year and we pick a selection. The idea is that the wines stay with the people. If we make the same wine in [...]
Ollie Phillips: Alun Wyn Jones and Dan Biggar have points to prove in historic Lions clash with Japan June 24, 2021 The British and Irish Lions kick off their summer against Japan this weekend and everything about it excites me. A home Lions match is a rare treat and the fact that 16,500 fans will be back at Murrayfield on Saturday afternoon makes it even more special. A first ever match against a Japan side that [...]
Deliveroo founder and Amazon gain £70m shares windfall after today’s court ruling June 24, 2021 Shares in Deliveroo shot up 8.5 per cent today after Britain’s Court of Appeal ruled that its riders were self-employed, dismissing an appeal by the IWGB union against past judgements on their status. The boss of Deliveroo saw his fortune balloon by nearly £25m after the company’s riders were dealt a blow in their fight [...]
Buzzfeed to go public through $1.5bn US Spac deal June 24, 2021 Buzzfeed today unveiled plans to go public through a blank-cheque deal that will value the media firm at $1.5bn (£1bn). The website, known for its listicles and quizzes, said it will merge with 890 Fifth Avenue Partners, a Nasdaq-listed special purpose acquisition company (Spac) that holds $288m in its trust account. In addition, Buzzfeed has [...]
Prince Charles partners with insurance firms to tackle climate change June 24, 2021 Prince Charles has teamed up with the Lloyd’s of London insurance market to launch a task force aimed at transitioning the industry to a net zero economy. The task force will be chaired by Lloyd’s, with support from Charles’ Sustainable Markets Initiative. It will include the chief executives of insurance firms such as AXA, Allianz, [...]
SpaceX to launch UK-built satellites into space to track climate change June 24, 2021 SpaceX is set to launch three UK-built satellites into space tomorrow, designed to monitor climate change and track endangered wildlife. The UK companies behind the environment tracking tech received a near £15m from the UK Space Agency, through the European Space Agency’s Pioneer Partnership Programme. “As we get ready to host the UN climate change [...]
