Rishi Sunak calls on Biden to strike deal for global tech tax May 31, 2021 Rishi Sunak has called on Joe Biden to strike a deal on taxing the US’ tech giants as a part of a larger reform on international business taxes. Sunak is set to hold a G7 meeting of finance ministers later this week in the lead up to the G7 summit in Cornwall next week, which [...]
China widens child policy to three children to combat declining population May 31, 2021 China is set to widen its child policy to three children, after easing its longstanding one-child only policy in 2015, to combat its declining population. The change, approved by president Xi Jinping in a politburo meeting, will signal the end of its two children only policy, state media outlet Xinhua said. It follows China’s 10-year [...]
UK may be edging into a third wave, according to scientist advisor May 31, 2021 The UK may be in the early stages of a third wave of Covid-19 infections, according to a scientist advising the government. Professor Ravi Gupta has said that although new cases were “relatively low”, the Indian variant had caused “exponential growth” in infections. The University of Cambridge professor added that lifting Covid restrictions in England [...]
Domestic UK Covid vaccine passports set to be scrapped May 31, 2021 The government is set to drop plans to introduce mandatory Covid vaccine passports for live events. People working on a Michael Gove-led review of mandatory vaccine certification for things like sporting events and festivals increasingly believe they will not happen, after serious backlash from Tory MPs. A source close to the vaccine passports review told [...]
EP: 60 The Cazoo Derby & Cazoo Oaks Previews May 31, 2021 In this special bonus episode brought to you by CAZOO, City A.M. racing editor Bill Esdaile takes an in-depth look at this week’s two major Group 1 classics for the 3 year-old colts and fillies at Epsom racecourse. Hosted by Chris Barnett. The City A.M. Punter Podcast ‘The Punter’ has been City AM’s dedicated sports [...]
City has lost a great green advocate but the fight will continue May 31, 2021 Last week the City of London, and dare I say the world, lost a key advocate of the role the financial sector plays in the fight against climate change. Sir Roger Gifford, Lord Mayor of the City of London in 2012-13 and Chair of the Green Finance Institute, was instrumental in driving forward the green [...]
Vietnam identifies new hybrid of Indian and Kent Covid-19 variant May 30, 2021 Authorities in Vietnam have discovered a new variant of Covid-19 that is a combination of the Indian and Kent variants and spreads quickly by air. “Vietnam has uncovered a new Covid-19 variant combining characteristics of the two existing variants first found in India and the UK,” health minister Nguyen Thanh Long said yesterday, describing it as [...]
Heathrow boss calls for government to reveal likely summer green list countries May 30, 2021 Heathrow’s chief executive has urged the government to reveal which countries are likely to be included on its travel green list in summer in order to give holidaymakers time to prepare. John Holland-Kaye said today that he thought Spain would eventually be “coming into the green zone” as it has low infection rates, but that families [...]
Fears grow that 21 June date to shed England restrictions will slip May 30, 2021 The government’s plan to lift England’s restrictions on 21 June may slip as Covid hospitalisations continue to rise across the country. Vaccines minister Nadhim Zahawi warned today that “we have to be cautious” and that the government would continue to examine the data until 14 June when a decision will be made. Covid cases and [...]
Slaughter & May adopts different working rules for junior and senior staff May 30, 2021 Law firm Slaughter & May is planning separate rules for its junior and senior lawyers that will see those in higher positions able to work from home more often. Trainee lawyers, newly qualified associates and new recruits will be required to work from the office four days a week on average from September, the Telegraph [...]
