More restrictions to be ditched as PM to make announcement later today May 10, 2021 Boris Johnson will hold a press conference later today about how the UK will move into the next phase of reopening the country, Health Minister Nadine Dorries said this morning. “It does look as if the roadmap is on course,” Dorries told Sky News. “The prime minister will be making an announcement later this afternoon [...]
Hugging to be allowed soon as UK on track for lockdown easing May 9, 2021 Brits will be allowed to hug once again soon as Boris Johnson is set to confirm the next stage of the UK’s easing of lockdown restrictions. Cabinet Office minister Michael Gove said the prime minister will give the green light tomorrow for the next stage of the roadmap on 17 May. This will mean people [...]
Lloyds in talks over £400m deal for retirement group Embark May 9, 2021 Lloyds Bank is in talks over a £400m deal to acquire retirement products provider Embark in what would be its biggest acquisition since it returned to private ownership four years ago. The lender is close to finalising a deal and an announcement could come as early as this month, Sky News reported. Embark, which was [...]
GDPR is three years old this month – has it really disrupted the business of data? May 9, 2021 We all remember it: the onslaught of emails from every newsletter we had ever signed up to asking us to confirm we were happy to stay in their database. The introduction of the General Data Protection Regulation three years ago threatened to cause ruptures in the way we dealt with our information. It can seem [...]
Analysis: Extending superdeduction to creative industries would make a difference May 9, 2021 One of the most eye-catching measures in Rishi Sunak’s latest Budget was the introduction of the “super deduction” regime which will allow businesses to offset 130% of investment spending on plant and machinery against profits for the next two years. So, spend £10m on new equipment and firms reduce taxable income by £13m. This is [...]
Gousto taps City bigwig Garrett-Cox as chair ahead of stock market float May 7, 2021 Recipe box firm Gousto has tapped one of Britain’s most prominent businesswomen as its next chair as it gears up for a potential stock market float. The meal kit company, which was founded in 2012, has agreed the appointment of Katherine Garrett-Cox to lead the company through a listing. The appointment is expected to be [...]
Ministers to start searching for new audit watchdog chair May 7, 2021 The Department for Business, Energy and Industrial Strategy (BEIS) will shortly kick off the search for the new chair of the Financial Reporting Council (FRC). BEIS will advertise for the role in the coming weeks, Sky News first reported. The FRC’s current interim chair Keith Skeoch has reportedly had his contract extended in recent weeks [...]
British Airways owner IAG posts €1.1bn loss as passengers remain grounded May 7, 2021 British Airways owner IAG today reported an operating loss of more than €1.1bn for the first quarter as the pandemic kept passenger numbers low. Passenger capacity for the first three months of the year was 19.6 per cent of 2019 due to government restrictions and quarantine requirements. IAG hopes to push passenger numbers up to [...]
The United Way is a timely doc on the Manchester football giant May 5, 2021 Depending on your view, this is the best or worst time to release a documentary about Manchester United. It arrives days after fans invaded the Old Trafford pitch, demanding the removal of current owners The Glazer Family as the fallout from the European Super League fiasco continues. With the club in turmoil, it may not [...]
Coronavirus: Two Indian delegates test positive at G7 meeting in London May 5, 2021 The G7 foreign ministers’ meeting in London has been hit by a coronavirus scare after two Indian delegates tested positive for Covid. Britain is hosting the three-day meeting, which was stalled last year due to the pandemic, at Lancaster House in the capital. Although India is not a G7 member, it was among other countries [...]