Ryanair sues Government over traffic light rules as ministers mull exemptions for vaccinated Brits June 17, 2021 Ryanair to sue Government over traffic light rules as ministers mull exemptions for vaccinated Brits
‘Not up to government’: Return to office under threat as ministers mull legal right to work from home June 17, 2021 Brits could be granted the right to work from home forever under shock post-pandemic plans being considered by the government. Ministers have proposed legal changes that would prevent employers from forcing staff to come into the office unless they can prove it is essential. The government will consult on the plan over the summer ahead [...]
Ofcom flooded with GB News complaints amid advertising boycott June 17, 2021 Ofcom has been hit with a flood of complaints over GB News’ opening night, piling pressure on the channel amid an advertising boycott. The media watchdog received 373 complaints about a programme hosted by Dan Wootton on Sunday night. During a monologue in his inaugural show, the former Sun executive editor railed against Covid lockdowns, [...]
City Moves: Who’s switching jobs in the Square Mile this week? June 16, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. CBRE board bags ex-BlackRock real estate lead A former head of global real estate at investment heavyweight BlackRock is set to join real estate services firm CBRE in June. Marcus Sperber [...]
David Frost: UK-EU Northern Ireland negotiations making little progress June 16, 2021 Talks between the UK and EU over post-Brexit conditions in Northern Ireland are still making “little progress” as tensions remain high, according to UK-EU minister Lord David Frost. Frost said that “we would prefer to find negotiated ways forward”, but that “all options remain on the table”. Last week’s G7 summit in Cornwall was often [...]
Government tells UK farmers to ‘stop being defensive’ and embrace Australia trade deal June 16, 2021 The UK-Australia trade agreement, announced yesterday, will serve as a “stepping stone” to a wider trans-Pacific pact, the International Trade Secretary said as she rejected farmers’ concerns about the deal. Liz Truss insisted there will be opportunities for British farmers to sell produce into Australia and “we’ve got to stop being defensive”. She said the [...]
Bitcoin recovery stalls at $40,000 as malaise sweeps alt markets June 16, 2021 Bitcoin’s recovery appears to have stalled somewhat at $40,000, despite yesterday popping its head briefly above $41k for the first time in nearly a month.
Fintech darling Wise set to float in London ‘as soon as this week’ – reports June 15, 2021 One of London’s most prominent fintech firms Wise is set to move ahead with a planned IPO in London this week. Wise has drawn up plans to launch the listing on the London Stock Exchange, according to Sky News, in what will be a closely watched test after Deliveroo’s much-ballyhooed IPO failed to meet expectations. [...]
Michael Gove says only ‘unprecedented and remarkable’ Covid-19 change would delay 19 July ‘terminus date’ June 15, 2021 Michael Gove said 19 July is the absolute “terminus date” for ending England’s remaining coronavirus restrictions, and only an “unprecedented and remarkable” change would push it back further. The Cabinet Office minister’s comments came the morning after Boris Johnson announced a delay of four weeks to so-called “Freedom Day”, the fourth and final step of [...]
Premier League clubs slip to record £1bn loss as Covid-19 hammers income from match days and broadcasters June 15, 2021 Premier League clubs suffered a record aggregate pre-tax loss of almost £1bn in 2019-20 as a result of Covid-19’s impact on football. The combined revenues of the 20 top-flight teams fell for the first time ever to £4.5bn, a drop of 13 per cent, according to Deloitte. A delay to the completion of the season, [...]