Crowdcube launches IPO platform for retail investors June 1, 2021 Crowdcube has today announced the launch of a new IPO platform as minister plan to reduce the dominance of institutional investors in listings. The UK crowdfunding company allows retail investors to xxx . It will offer a service for public as well as private share sales from this summer, the Financial Times reported. “These community [...]
Number 10 indicates England still on track for 21 June shedding of Covid restrictions June 1, 2021 Downing Street has today suggested England is still on track to shed its Covid-19 restrictions on 21 June, despite warnings from scientific advisers that rising case numbers should lead to a delay. A Number 10 spokesperson said that Boris Johnson’s comments last Thursday, that there is nothing “currently in the data” to suggest a delay to the [...]
Sarah Everard died from ‘compression of the neck’, police said June 1, 2021 A post–mortem found Sarah Everard, who went missing in March, died from compression of the neck, police have said. Everard, 33, went missing as she walked home from a friend’s house in Clapham on March 3. Her body was found a week later in woodland in Kent. The Metropolitan Police said on Tuesday: “A post-mortem [...]
City A.M. TV: A Market Snapshot June 1, 2021 Market snapshot: Many key global equity markets have been tracking sideways, consolidating their gains in recent weeks.
BP invests $220m in US solar development projects June 1, 2021 BP today boosted its investment in US renewables with a $220m purchase of solar projects from developer 7X Energy. The energy giant struck a deal for assets with a production capacity of 9GW, which will be developed through a joint venture with Lightsource, Europe’s largest solar developer. It marks BP’s first independent investment in solar [...]
How Welsh whisky is taking a sip of Scotland’s favourite dram June 1, 2021 North Wales is celebrating the opening of its latest distillery and the release of the first Welsh whisky in over a hundred years. Gwynedd’s Aber Falls Distillery, which used to be a slate works, a margarine factory and a drinks wholesaler depot, has launched its Inaugural Release, a non-age statement single malt made from 100 [...]
UK could rake in £14.7bn annually from Biden’s tax plan, think tank says June 1, 2021 The UK could rake in an extra £14.7bn every year by adopting US president Joe Biden’s ambitious tax proposal, according to the Institute for Public Policy Research today. Biden’s proposal for a new global minimum corporation tax rate of 21 per cent could bolster the UK’s recovery finances post-pandemic and Brexit, the Institute for Public [...]
Business chiefs warn ministers not to end free workplace Covid testing June 1, 2021 Business leaders have urged UK ministers not to end a scheme that provides free workplace Covid tests. Companies have insisted that the tests are crucial to plans to fully reopen the economy later this month, according to the Financial Times (FT). Firms have been able to claim free testing kits from the government since April, [...]
Booming sales at Wickes as locked down Brits turned their hands to DIY June 1, 2021 Sales at Wickes boomed in the six months to 22 May, as a nation under lockdown restrictions got creative with DIY and home renovations. In a trading update this morning, the retailer, which sells various home improvement products, revealed like-for-like growth jumped some 46 per cent on the same period in 2020. Following better [...]
India news sparks breakout in crypto markets June 1, 2021 Yesterday saw Bitcoin (BTC) and Ethereum (ETH) both record their biggest 24 hour gains in more than a week, hitting more than $38,000 and $2,700 respectively as they recovered from the weekend’s fresh lows.