FRP Advisory reports dip in insolvency jobs as government measures stave off corporate collapses May 14, 2021 FRP Advisory reported a drop off in restructuring appointments in the last financial year as government financial aid protected many businesses from collapse during the Covid pandemic. The professional services firm, which plans to pay a dividend for the year, said the number of insolvency appointments it secured in the last 12 months was down [...]
Airline industry calls on the UK to lift borders like the EU May 14, 2021 Germany, Spain and Holland became the latest European nations to lift the shutters on travel restrictions yesterday, as the airline industry called on the UK to do the same. Still placing tough restrictions on arrivals, the UK has received calls from Ryanair and the British Airline Pilots Association (BALPA) for more clarity on travel. Ireland’s [...]
Bitcoin holding steady at $50,000 as Cardano’s ADA soars to yet another all-time high May 14, 2021 Despite Elon Musk's meddling, Bitcoin has steadied above $50,000 while Cardano's ADA is given a boost thanks to its greener credentials.
Jaguar E-Type Unleashed review: a big cat with claws May 14, 2021 The Jaguar E-Type Unleashed is the equivalent of a remastered classic LP, with a 380hp 6.1-litre V12, uprated chassis and modern luxuries.
Alphawave shares lift slightly, after 22 per cent plunge in London stock market debut May 14, 2021 Following a turbulent market debut yesterday, Alphawave’s shares rebounded slightly in its second day of trading in the capital. The tech firm’s share price bounced to 366.2p per share this morning, down 1.03 per cent, after prices fell as low as 310.85p yesterday. Over half a billion pounds was wiped from the Canadian computer chip [...]
Sanjeev Gupta pulls funding for troubled Wyelands Bank May 14, 2021 Sanjeev Gupta’s Wyelands Bank is set to be sold or would-up after its accounts revealed that repayments on 80 per cent of its loan book were overdue. The move, reported by The Times, came after the Bank of England ordered Wyelands to repay £194m to its retail depositors in March. The bank said yesterday that [...]
Amazon to create 10,000 UK jobs this year May 14, 2021 Amazon today announced that it would create 10,000 new jobs in the UK in 2021 as the online giant expands its workforce in the country. It said that it would also invest £10m over three years to train up 5,000 of its staff using its “Career Choice” programme. The firm has partnered with the British [...]
Fashion platform Farfetch beats growth expectations with 46 per cent sales jump May 14, 2021 Luxury fashion platform Farfetch beat growth expectations in the first quarter of the year as its sales jumped 46 per cent. The British e-commerce site said revenue hit $485m in the first three months of the year, with gross merchandise value rising 50 per cent to $916m. Meanwhile, profit after tax reached $517m during the [...]
The UK’s lifting of restrictions could be delayed if variants and infections surge, minister says May 14, 2021 Vaccines minister Nadhim Zahawi has warned today that there could be a delay in June’s lifting of restrictions if variants or infection rates become a problem. To avoid a postponement of the well-anticipated 21 June, Zahawi told LBC: “The way we don’t have to do that is by everybody doing their bit, by taking the [...]
Climate change tracker hits record low as progress gathers pace May 14, 2021 The current pace of progress will result in temperatures rising by 3.6°C above pre-industrial levels, events of the first quarter of 2021 suggest. The implied temperature rise last summer was 3.9°C. In this update Schroders’ Global Head of Sustainable Investment comments on changes in oil and gas investment and carbon pricing. What is the Climate [...]
