Schroders in talks to acquire River & Mercantile in £230m deal October 25, 2021 Asset management firm Schroders is reportedly in talks to buy River and Mercantile Group’s solutions business, Sky News reported. The deal – which will take Schroders’ assets to £750bn – will be worth around £230m, sources told Sky News’ Mark Kleinman, and could be announced as soon as Tuesday morning. Managing £43bn worth of assets, [...]
HSBC online banking hit by an outage, impacting business customers October 25, 2021 HSBC’s online banking has been down this morning, according to reports, which primarily impacted the bank’s business customers. Service complaints spiked at around 9:30am this morning, according to DownDetecter, with more than 60 per cent of the complaints regarding HSBC’s online banking. The issue had largely been resolved by around 11:30am, with reports of the [...]
HSBC online banking hit by an outage, impacting business customers – CityAM : CityAM October 25, 2021 HSBC’s online banking has been down this morning, according to reports, which primarily impacted the bank’s business customers. Service complaints spiked at around 9:30am this morning, according to DownDetecter, with more than 60 per cent of the complaints regarding HSBC’s online banking. The issue had largely been resolved by around 11:30am, with reports of the [...]
Budget: Chancellor admits transport investments will get £1.5bn of new money October 24, 2021 Chancellor Rishi Sunak has admitted that out of the £7bn pledged for transport investments, only £1.5bn has not yet been allocated, the Independent reported. Speaking this morning on Trevor Phillips on Sunday, Sunak said the government “topped that up by £1.5bn” when asked about the actual amount of funding that will come from new money. [...]
ITV and Michael Grade eye Channel 4 takeover October 24, 2021 The former chief executive of Channel 4 Lord Grade and ITV are reportedly mulling takeover bids amid government plans to privatise the network. Lord Grade, who was at the helm of Channel 4 between 1988 and 1997 and also chaired the BBC and ITV, is considering snapping up the network The Times first reported. Earlier [...]
Labour calls for vaccine passports as part of Plan B restrictions in winter October 24, 2021 Labour has today called for the government to bring back Covid restrictions this winter, after a pair of rapid U-turns on the issue. Shadow chancellor Rachel Reeves said Boris Johnson should advise people to work from home, while also making face masks and vaccine passports mandatory as a part of the government’s Plan B Covid [...]
TSB turns down ‘£1bn merger approach’ from Co-Operative Bank October 24, 2021 Co-operative Bank’s £1bn-plus offer for TSB has been rebuffed by its Spanish owners. Sabadell’s board decided to reject the offer at the end of September. The deal would have created a high street lender with 340 branches and over eight million customers, according to Sky News, which first reported the acquisition attempt. This would encompass [...]
Government eyes legal requirement for NHS staff to be vaccinated October 24, 2021 The government is looking at legally enforcing a Covid vaccine mandate for all NHS staff. Health secretary Sajid Javid wants to push through legislation requiring protection against the virus as a condition of employment as soon as possible, according to The Sunday Times. Some 106,351 NHS staff in England have not been vaccinated, around seven [...]
Scientific advisers urge government to add Covid protections now to avoid a ‘lockdown Christmas’ October 23, 2021 Two top scientific advisers have warned the UK is heading for another winter lockdown if the government does not reintroduce some Covid protection measures as soon as possible. Vaccines are “wonderful” but “not quite enough”, according to Professor Reicher, a member of the Scientific Pandemic Insights Group on Behaviours (SPI-B), which works with SAGE. “I [...]
Kwasi Kwarteng rules out a fourth Covid lockdown over winter October 20, 2021 Kwasi Kwarteng has today ruled out another winter lockdown, after warnings from some scientists that Covid curbs should be re-implemented over winter. The business secretary said he was “concerned” about increasing daily death rates, but pointed out that “at the beginning of the year we had hundreds, if not thousands, a day”. There were 223 [...]