Doge dumps hard as fans cash out after Elon Musk’s SNL debut May 9, 2021 Dogecoin holders began selling assets hard as Tesla CEO Elon Musk made various gags about the cryptocurrency on weekly US variety show Saturday Night Live.
Wendy’s plots UK launch in 12,000-job burger boost May 9, 2021 American fast food chain Wendy’s is plotting a return to the UK in a move that will create more than 12,000 jobs. The burger chain is opening its first store in Reading next month and is eyeing as many as 400 sites. The company, which will compete with Burger King and McDonalds, pulled out of [...]
Astrazeneca shareholders in row over chief executive’s £2.3m bonus hike May 9, 2021 Astrazeneca shareholders have been plunged into a bitter row over plans to hike chief executive Pascal Soriot’s pay by £2.3m. The French pharma boss has been praised for rolling out the company’s Covid-19 vaccine at cost price, as well as driving up its share price since he took over in 2012. But major shareholders have [...]
Analysis: Extending superdeduction to creative industries would make a difference May 9, 2021 One of the most eye-catching measures in Rishi Sunak’s latest Budget was the introduction of the “super deduction” regime which will allow businesses to offset 130% of investment spending on plant and machinery against profits for the next two years. So, spend £10m on new equipment and firms reduce taxable income by £13m. This is [...]
Sadiq Khan wins 2021 London mayor election over Shaun Bailey May 8, 2021 Sadiq Khan has swept to victory in the 2021 mayor of London election, comfortably beating out Tory challenger Shaun Bailey. After two rounds of voting, Khan won with 1,206,034 total votes to Bailey’s 977,601 votes. The incumbent mayor won the election in a closer race than most pundits expected, with Bailey getting the most votes [...]
Confirmed: Sadiq Khan WINS Mayor of London election May 8, 2021 Sadiq Khan has won a second term as London mayor, getting the most votes in almost all constituencies that have reported today after opening up a five-point lead over rival Shaun Bailey. Khan and Bailey had been neck-and-neck in counting over the past 24 hours, which made the race closer than pundits predicted, with the [...]
London Assembly election results: Labour set to take the most seats May 8, 2021 Labour are set to be the biggest party in the London Assembly, with the party on track to win at least 12 of the 25 seats in the 2021 election. From the constituencies that have announced results, Labour have won eight and the Conservatives have won five seats. Labour is expected to win the last [...]
Angela Rayner to be sacked as Labour party chair and campaign co-ordinator May 8, 2021 Deputy Labour leader Angela Rayner has reportedly been sacked as party chair and campaign co-ordinator, after a series of devastating defeats in the Thursday’s elections. Multiple media outlets are reporting that Labour leader Sir Keir Starmer is blaming the party’s poor campaign on his deputy and has removed her from her posts in a move [...]
Tories complete super Thursday hat trick as Andy Street retains West Midlands mayoralty May 8, 2021 Andy Street has retained the West Midlands mayoralty, providing Boris Johnson with the perfect “Tory hat trick” of victories in the super Thursday elections. Street, a former John Lewis managing director, defeated Labour MP Liam Byrne by a larger margin of victory than in his 2016 win. The party also won landslides in the Hartlepool [...]
‘Prolonged disruption’ expected on GWR and LNER as cracks found on trains May 8, 2021 Hitachi trains have been taken off the network for companies like Great Western Railway (GWR) and the London North Eastern Railway (LNER), with significant disruptions now expected. The Department for Transport said in a statement today that cracks had been found in the chassis of some of the trains during routine safety checks. The department [...]
