National Express exploring takeover of rival Stagecoach – CityAM : CityAM September 21, 2021 National Express has confirmed reports that it is looking into a possible takeover of its fellow transport heavyweight Stagecoach. The British bus operator has started discussions around buying out its Scottish rival, the UK’s largest bus operator. Also Read: All new London buses to be zero-emission Mayor says Stagecoach shares rose by almost 90 per [...]
Payment giant Eurowag moves ahead with £170m London IPO September 20, 2021 Eurowag, a pan-European payments & mobility platform, has announced that it will float on the London Stock Exchange (LSE). The company, which focuses on the commercial road transportation sector, hopes to raise €200m (£171m) from the move, to fund its expansion plans. The payments platform company will, it said, target “certain institutional investors”. Eurowag also [...]
UK tech: Record raise of £13.5bn pushes number of British unicorns to 105 September 20, 2021 The UK tech sector raised £13.5bn in the first six months of this year, almost three times more than the same period a year ago, according to new data. As a result, the number of British unicorns has jumped to 105. Companies including fintech giant Revolut, online video conference business Hopin and online car sales [...]
Travel rules set for major overhaul with costly PCR tests to be axed – CityAM : CityAM September 17, 2021 The UK’s travel restrictions are set for a major overhaul today, with a raft of changes expected to be announced later. It has been widely reported that ministers will scrap the requirement for double vaccinated passengers to take pricey PCR tests when they return to the UK. Also Read: Rallying travel stocks lift London markets [...]
The CAs seeking justice in forensic accountancy September 17, 2021 As crime increasingly moves from street to balance sheet, more and more CAs are finding themselves playing a part in the fight against fraud. Karam Filfilan speaks to forensic accountants about the growth of the specialism. This article first appeared in ICAS’ CA magazine. When people hear the word “forensic”, their imaginations are transported to a [...]
All new London buses to be zero-emission Mayor says September 17, 2021 Sadiq Khan, the Mayor of London, has announced that new Transport for London (TfL) buses will be carbon neutral, as the UK prepares to host COP26. TfL said in a statement that by the end of next year, ten per cent of London’s bus network will be zero-emission as the network has committed to only [...]
Brexit: Lorry driver shortages triggered by lack of EU workers September 16, 2021 Shortages of lorry drivers that are driving the UK economy to a grinding halt are primarily the result of a lack of EU workers due to Covid and Brexit, according to official statistics released today. One in four businesses are struggling to fill roles as a result of a sharp reduction in the supply of [...]
Analysis: Which demographics are still dying of Covid-19 the most? September 10, 2021 The UK’s immunisation programme is well underway, with 80.4 per cent of the population over the age of 16 receiving their second dose as of today, according to official government data. Despite immunisation rates steadily increasing, the number of deaths in the week to 27 August jumped 17.8 per cent to 649 across the country, [...]
Back to school in the City: Lessons for a CEO from M&A to COP26 September 10, 2021 It’s been back to school in the City this week, with the streets of the Square Mile once again flooded (if not quite packed) with people. On the surface, it may look similar to pre-Covid, as footfall ramps up and Transport for London reported the busiest month since March 2020. CEOs, however, cannot return to [...]
Which companies can help Europe achieve its “Fit for 55” plans? September 10, 2021 Last month, the European Commission released its “Fit for 55” proposals. These set out how the European Union should reach its legally-binding target to cut net greenhouse gas (GHG) emissions to 55% below 1990 levels by 2030. That target will be an important milestone on the road to reach net zero emissions by 2050. The [...]