Boris Johnson comments on women in burqas made Tories seem ‘insensitive’ to Muslims, says probe May 25, 2021 Anti-Muslim sentiment within the Tory party “remains a problem” and Boris Johnson’s comments on women in burqas created a sense that the party is “insensitive” to the community, according to a report into Islamophobia in the party. The independent report, authored by professor Swaran Singh, also said there was a “recurrent concern” among community groups [...]
Elon’s games continue while crypto markets roar back into life May 25, 2021 The crypto markets continue to restore some value as Bitcoin edges closer to $40,000.
Investment professionals must beware of the cyber risks in portfolios May 25, 2021 Internet security blog posts are usually more at home on the inside pages of IT trade publications than on the front pages of international newspapers. The one published by Microsoft Corporate Vice President Tom Burt on 2 March, about the emergence of “state-sponsored threat actor” Hafnium, was a notable exception. A new threat had emerged, [...]
Full reopening key for West End landlord Shaftesbury after its £338m loss over winter lockdown May 25, 2021 West End landlord Shaftesbury banking on a summer revival after its £338m loss over winter lockdown
Software group Aveva shares rise as business bounces back May 25, 2021 Shares in Aveva pushed higher this morning after the software group reported strong growth in the second half following an initial pandemic-induced hit to trading. Aveva, which specialises in industrial software, posted revenue of £820m for the year to the end of March — a decrease of 1.6 per cent but in line with expectations. [...]
Car dealer Lookers sees sales soar following April reopening May 25, 2021 Car dealership Lookers this morning said sales had soared since the reopening of non-essential retail last month. The firm said that trading across the group has been strong since 12 April, benefitting from increased consumer demand and cost reduction initiatives. Sales for new retail units in the four months to 30 April shot up 33 [...]
Competition watchdog to probe Covid-19 vaccine maker AstraZeneca over £27.5bn US drug deal May 25, 2021 The UK's Competition and Markets Authority (CMA) will probe Covid-19 vaccine maker AstraZeneca's £27.5bn megadeal to buy a US drug company.
Listed law firm DWF announces two acquisitions as trading beats expectations May 25, 2021 City law firm DWF has resumed M&A activity, acquiring two businesses after a strong year of trading amid the pandemic. The listed firm this morning announced it had acquired compliance training business Zing 365 Holdings for £1.8m, as well as reaching an agreement to acquire BCA Claims & Consulting. DWF said completion of the £2.2m [...]
Public sector borrowing shows first year-on-year fall since start of pandemic May 25, 2021 Public sector borrowing is estimated to have been £31.7bn in April, £15.6bn less than in the same month last year when public finances first fell the full impact of the pandemic. The fall in borrowing in April compared with a year earlier is the first annual decline since the start of the pandemic, but last month’s borrowing remains huge [...]
Made.com: Online furniture seller plots London IPO May 25, 2021 Made.com has unveiled plans for an initial public offering in London after cashing in on rapid growth during the pandemic. The online furniture retailer today said it will seek to raise roughly £100m through the issue of new shares, while the float will include an offer of shares to be sold by existing shareholders. The [...]
