City of London saw most commuters since beginning of pandemic last week May 27, 2021 The most people travelled into the City of London last week than at any point since the pandemic began last March as life in the capital continues to edge back to normality. According to the latest figures from Transport for London, there were 258,461 trips made in-and-out of stations in the Square Mile and Canary [...]
Hong Kong visa applications to the UK in 2021 hits 34,300 May 27, 2021 More than 34,000 Hong Kong citizens have applied in 2021 for bespoke UK visas that were launched last year in the wake of Beijing’s democracy crackdown. New data from the Home Office out today showed that the government had approved just 5,600 of these applications so far. The visas were announced by foreign secretary Dominic [...]
Matt Hancock denies Dominic Cummings allegations that he is a serial liar May 27, 2021 Matt Hancock has outright denied a series of damaging allegations from Dominic Cummings that painted the health secretary as incompetent and a serial liar. Hancock told MPs today that these “unsubstantiated allegations around honesty are not true”. Cummings claimed in an explosive seven-hour committee meeting yesterday that the health secretary should have been fired “15 [...]
Ofcom boss recruitment to be rerun as Paul Dacre runs afoul of big tech May 27, 2021 The process to select the next chair of the UK’s media regulator will be rerun amid big tech complaints about the potential appointment of former Daily Mail editor Paul Dacre. Culture Secretary Oliver Dowden has written to the Public Appointments Commissioner to restart the process to decide who should take OfCom’s top chair, according to [...]
Stop, go, stop: Easyjet and Jet2 bosses slam ministers over traffic light travel ‘guessing game’ May 27, 2021 The CEOs of Easyjet, Jet2, and the owner of Stansted airport have slammed the UK Government for its handling of the return of international holidays via a traffic light system where a country must be on the green list in order to facilitate return travel.
UK says any global tax deal must tackle Big Tech ahead of G7 meeting May 27, 2021 UK says any global tax deal must tackle Big Tech ahead of G7 meeting
FTSE 100 edges higher as mining stocks lift index May 27, 2021 London’s FTSE 100 rose this morning as mining stocks buoyed the index on higher metal prices. The blue-chip index advanced 0.1 per cent in early trading, but gains were limited by oil majors BP and Royal Dutch Shell both slipping on lower crude prices. Meanwhile, the mid-cap FTSE 250 added 0.1 per cent, as Equiniti [...]
Hong Kong HSBC and Citibank bankers threatened with prison if they deal with billionaire Jimmy Lai’s accounts May 27, 2021 Hong Kong HSBC and Citibank branches have been sent letters by the city’s security chief over billionaire media tycoon Jimmy Lai’s accounts – threatening up to seven years in prison, according to Reuters. The media moguls’ assets, including his stake in publisher Next Digital and local bank accounts, have come under fire in recent weeks [...]
Ranked: S&P Global’s $44bn mega-deal tops list of biggest 2020 acquisitions May 27, 2021 In what was a tough year for businesses across the world, it was a fruitful one for 6,000 mergers and acquisitions. While the pandemic threatened companies of all sizes, some managed not just to survive but to continue growing in the last 12 months. After a year unlike any other, which acquisitions were the biggest [...]
AJ Bell profit soars as it attracts new, younger customers May 27, 2021 AJ Bell has benefited from the renewed interest in investment, boasting record levels of new customers and inflows in the first half of the year. Revenue jumped 21 per cent to £73.9m in the six months to the end of March while profit before tax soared from £22.7m to £31.6m. It came as AJ Bell [...]
