UK engages in Covid vaccine waiver discussions with the US and WTO May 11, 2021 The UK has begun seeking constructive engagement with the US and other World Trade Organisation (WTO) members on the conflicting issue of vaccine waivers, a government spokesman has said. Following pressure from charities to back the proposal, the UK government is yet to confirm whether it will back the US’ waiver. The waiver, proposed by [...]
Curve follows Series C with crowdfunding round to pursue global expansion May 11, 2021 London fintech Curve has launched a new crowdfunding campaign five months after closing its £72.5m Series C round. Founded in 2015, the company allows users to consolidate all their credit and debit cards into one smart card and app and now boasts more than 2m customers. Its Crowdcube campaign is set to go live later [...]
New kid on the block ICP breaks straight into top 10 as Doge-killer SHIBA storms in May 11, 2021 Bitcoin’s market dominance is actually up today – currently hovering above 45 per cent - having slipped to 44 per cent yesterday.
Queen’s Speech planning reforms to make building new housing developments easier May 11, 2021 The government’s planning reforms are expected to be unveiled today when the Queen delivers a speech opening a new session of parliament this morning. The speech will reportedly include legislation on reform of the planning system to allow more new homes to be built on undeveloped land. It comes as the Conservatives aim to expand [...]
Extinction Rebellion co-founder arrested after attacks on Canary Wharf banks May 11, 2021 Extinction Rebellion co-founder Gail Bradbrook was arrested at her home this morning for conspiracy to cause criminal damage and fraud after her group attacked banks in Canary Wharf. Activists from Extinction Rebellion smashed the window frontage of HSBC and Barclays last month. They have also targeted Lloyd’s of London, where they dumped fake coal outside [...]
Natwest boss Alison Rose: I’m optimistic about this nation of SMEs May 11, 2021 The economic consequences of the pandemic have been severe, not least on the UK’s smallest businesses, but for Natwest boss Alison Rose it has shown just how resilient the country’s SMEs are. Rose, who was appointed chief executive towards the end of 2019, has spent the majority of her tenure tackling the impact of the [...]
Michel Barnier calls for halting of immigration to EU May 11, 2021 Michel Barnier calls for halting of immigration to EU
Myth-Busting: Money printing must create inflation May 11, 2021 London ranks ninth on the UBS Global Real Estate Bubble Index for residential properties. Like in many other countries, property prices in the United Kingdom reached an all-time high in 2020. A global pandemic with sudden mass unemployment should have forced UK citizens to sell their homes, but the furlough policies, stamp duty holidays, and record-low interest rates [...]
City Pub group hammered by 57 per cent plunge in revenue May 11, 2021 Hammered by restrictions, the City Pub group raked in £25.8 million in revenue last year, 57 per cent less than 2019 figures, despite buying a hefty stake in Kensington Park Hotel. The group, which has 45 pubs across London, Southern England and Wales, snapped up a 49 per cent stake in the hotel in the [...]
Collision of Covid-19 and Brexit fuels a £700bn blow to economic output May 11, 2021 The UK economy has been forecast to suffer an over £700bn blow to output due to the collision of Covid-19 and Brexit, the National Institute of Economic and Social Research warned today. The bruising figure was made worse by the government’s “poor Covid-19 response”, the think tank said, adding that it has left the UK [...]
