More than half of UK adults have now received two vaccine doses June 3, 2021 More than half of all adults in the UK have now received two doses of the Covid vaccine as the rollout continues with pace. The milestone follows yesterday’s news that more than three-quarters of adults have had their first jab. “Over half of UK adults have now been fully vaccinated and have maximum protection against [...]
IRSG sets out financial services priorities for UK’s G7 presidency to aid post-pandemic recovery June 3, 2021 G7 leaders are being urged to ensure the economic recovery from COVID is green, sustainable and equitable in a new report by the International Regulatory Strategy Group (IRSG), which is co-sponsored by the City of London Corporation and TheCityUK. Financial Services Priorities for the UK’s G7 Presidency calls on G7 finance ministers meetings in London from [...]
World’s biggest crypto influencers revealed, with a surprise at number one June 3, 2021 The list of the world’s most influential people in cryptocurrency has been revealed – with a surprise in the top slot, thanks to the medium of TikTok.
Wall Street opens lower while FTSE plunges to snap June winning streak June 3, 2021 Wall Street’s main indexes opened lower today as investors weighed up data showing a pick up in jobs growth for cues on the trajectory of inflation. The Dow Jones Industrial Average fell 0.7 per cent at the open, while the Nasdaq Composite shed 1.3 per cent. Meanwhile, the S&P 500 dropped 0.8 per cent to [...]
Scotch Malt Whisky Society owners set to list on AIM on Friday June 3, 2021 The Artisanal Spirits Company will list on London’s alternative market tomorrow, with CEO David Ridley telling City A.M. he is “excited” to finally see years of work come to fruition. The owners of the Scotch Malt Whisky Society (SMWS) are expecting a market capitalisation of around £78m. The society offers curated single malt whiskies for [...]
3 Companies that are actively hiring in London right now June 3, 2021 As we all start returning to a normal, covid-free life, a lot of us may start looking to make some changes. Especially when it comes to our careers. For the last 18 months or so, we’ve all been doing our best to keep our heads above water, but now feels like a great time to [...]
Trafigura ‘warned’ Credit Suisse over ‘suspect’ GFG invoice June 3, 2021 Commodities trading house Trafigura warned Credit Suisse over a suspect invoice from Sanjeev Gupta’s GFG Alliance in July 2020, it has emerged. The so-called receivable, the FT reported, indicated that Trafigura owed money to Liberty Commodities, the metal trading arm of Gupta’s conglomerate. Prior to going bust in March, Greensill, GFG’s main financier, would lend [...]
Boris Johnson’s Spamalot: Conservative Party fined £10,000 over nuisance emails June 3, 2021 The Conservative Party has been fined £10,000 for sending dozens of marketing emails to people who did not want to receive them. Data watchdog the Information Commissioner’s Office (ICO) opened a probe into the party over 51 emails sent in Boris Johnson’s name over the eight days after he was elected prime minister in July [...]
Services sector expanded at fastest rate in 24 years in May June 3, 2021 The UK’s service industry saw business activity grow at its fastest rate in 24 years last month as the reopening of the country’s economy after the pandemic continued apace. The UK Composite Purchasing Managers’ Index (PMI) for services rose to 62.9 in May, up from 61 in April. Any score above 50 indicates growth. It [...]
Theresa May joins Tory rebellion against Boris Johnson’s foreign aid cuts June 3, 2021 Theresa May has joined a group of 30 Tory rebels that are preparing to defy Boris Johnson and vote against his foreign aid cuts next week. The growing group of backbenchers could hand the Prime Minister his first House of Commons defeat since his 2019 election victory by amending a bill to restore the UK’s [...]
