UK looks to wrap up Australia trade deal in coming weeks June 3, 2021 The UK is aiming to close a free trade deal with Australia in the days after next week’s G7 summit in Cornwall. Both sides said last month that they would aim to sign up to an in principle agreement by June. It comes as the 11 nations of the Comprehensive and Progressive Agreement for Trans-Pacific [...]
Jet2 bolsters balance sheet by £537m as travel downturn goes on June 3, 2021 Package holiday firm Jet2 has today taken steps to shore up its finances to the tune of more than £500m as the wait for a full-scale return to travel goes on. The firm, which has cancelled all of its holidays until 24 June due to the ongoing travel “uncertainty”, said it had signed a new [...]
Number of Brits on furlough falls by 1.3m to lowest level this year June 3, 2021 Furlough numbers have dropped to their lowest level this year, as those needing the scheme fell to 3.4m. Official figures published today showed that 1.3m fewer employees accessed furlough across March and April, with the biggest falls in workers aged 24 and under. Since the start of the pandemic, more than 11.5m employees have been [...]
Rain rain go away: Wettest May on record dampens footfall hopes for high streets June 3, 2021 The reopening of indoor dining and socialising did not serve up the hoped for rise in footfall in May, as shoppers were put off by rain and ‘rule of six’ limitations. The wettest May on record saw footfall on high streets, in shopping centres and in retail parks fall versus the same period in 2019. [...]
After Love film review: A captivating story of grief June 3, 2021 Many independent dramas deal with the subject of grieving, a topic too sombre for commercial films but one that remains pertinent to everyone. However, Aleem Khan’s debut feature takes an unusual route to tell its story even for a film outside of the mainstream. Joanna Scanlan stars as Mary, a British woman converted to Islam [...]
EP: 61 Cazoo Oaks Day at Epsom June 3, 2021 Friday sees the fillies in Group 1 action at Epsom where the Cazoo Oaks is the feature race of the day. The Coronation Cup is another high class Group 1 race and master trainer Aidan O’Brien gives us an update on his runners for Day 1 of the Epsom meeting City A.M. racing editor Bill [...]
Backlash over Russian oligarch’s £1bn UK broadband bet June 3, 2021 Campaigners have called for greater scrutiny over foreign investment in the UK telecoms market after a Russian oligarch backed a £1bn plan to upgrade the country’s broadband network. Letter One, an investment company founded by billionaire Mikhail Fridman, is a key investor in a project by new broadband firm Upp to deploy full-fibre connections in [...]
UK rallies Australia to up its net zero targets ahead of G7 summit June 3, 2021 The UK is rallying Australia to up its emission reduction target for the 2030s, the British high commissioner has said today, suggesting 2050 will be too late. Ahead of the UK hosted G7 meeting next week, British high commissioner Vicki Treadell said the UK was asking all attending nations to raise their interim net zero [...]
Informa set to meet £1.7bn annual sales target as events resume June 3, 2021 FTSE 100 firm Informa today said it was on track to deliver its annual base goal of £1.7bn in sales as physical events returned in key markets such as the US and China. The world’s biggest event’s organiser said it expected to stay cashflow-positive as its subscription businesses grow, while the firm recovers from [...]
David Beckham scores stake in UK electric vehicle firm Lunaz June 3, 2021 David Beckham may be known for his impressive collection of classic cars, but the former England footballer is now swapping gas-guzzlers for electric vehicles. The maverick midfielder has taken a 10 per cent stake in Lunaz, a Silverstone-based company that electrifies classic cars such as Bentleys, Rolls-Royces and Jaguars. He joins a star-studded teamsheet of [...]
