Eurovision winner denies taking drugs during event after online speculation May 23, 2021 The lead singer of Eurovision winners Maneskin has denied speculation he was taking drugs during the event. Damiano David from the Italian band said he did not take drugs after a viral video of him bending down during the broadcast circulated overnight, leading many to speculate that he was using cocaine. When asked about the [...]
Heathrow to open separate terminal for red list arrivals May 21, 2021 Heathrow Airport will open a dedicated terminal for arrivals from red list countries in a bid to minimise mixing between passengers from different destinations. The UK’s largest airport said it would introduce segregated arrivals for people travelling from high-risk red countries in Terminal 3 from 1 June. They will then travel to a hotel to [...]
Brexit impact: Heathrow loses legal bid over end of tax-free shopping for tourists May 21, 2021 Heathrow Airport has lost a High Court bid to challenge the scrapping of tax-free shopping for tourists. Two schemes providing VAT-free shopping for some international visitors were withdrawn by the Treasury at the end of the Brexit transition period on 1 January of this year. The Treasury and HMRC’s decision related to the VAT Retail [...]
Klarna mulls London stock market float after post-Brexit listing revamp May 21, 2021 Klarna is weighing up a potential stock market float in London, but has said its decision will rest on changes to listing rules in the capital after Brexit. Chief executive Sebastian Siemiatkowski said London had the opportunity to strengthen its reputation as a global financial hub by attracting more fintech firms and banks. “As Brexit [...]
EU will allow UK tourists with vaccine as Johnson says no holidays to Spain or France May 21, 2021 EU will allow UK tourists with vaccine as Johnson says no holidays to amber list countries Spain and France
UK will cut tariffs on Australian imports to zero by mid-2030s under trade deal May 21, 2021 UK will cut tariffs on Australian imports to zero by 2030s under trade deal
Government poaches trade expert Allie Renison to bolster international efforts May 21, 2021 Allie Renison, one of the UK’s most respected trade policy experts, is set to join Government as a senior official at the Department for International Trade. City A.M. understands she will take up the role in the coming weeks. Renison has served as Head of Trade Policy at the Institute of Directors for several years [...]
Westminster must stop City of London ‘neglect’, says ex-Johnson adviser May 21, 2021 The government must stop its “policy of benign neglect” toward the City of London and urgently bring in financial services regulation reforms, according to Boris Johnson’s former economic adviser. In a report released by centre-right think tank Policy Exchange, Dr Gerard Lyons called for a strong stance on parting from the EU’s financial services regulations [...]
Morgan Stanley shakes up leadership as race for CEO successor intensifies May 20, 2021 Morgan Stanley announced a number of leadership changes and set off a competition between potential successors to replace Chief Executive Officer James Gorman in the next few years. In a statement Gorman said the announcement “reflects the next generation of leadership at Morgan Stanley.” “I am highly confident one of them will be the CEO in [...]
Snooze you lose: London sleep tech firm Simba sees sales s-leap 295 per cent May 20, 2021 London-based sleep technology company Simba has not slept on sales this year as it posted a 295 per cent leap, in its highest-ever first-quarter sales and profits. The record year-on-year UK sales jump suggests consumers have invested heavily in their sleep after a tough 12 months while online shopping has seen a surge in interest. [...]