Angela Merkel to address Johnson’s cabinet in final UK trip as German chancellor July 1, 2021 Angela Merkel will become the first foreign leader in 24 years to address a British cabinet tomorrow in her last trip to the UK as German chancellor. Merkel and Boris Johnson will also agree to set up an annual meeting between the UK and German cabinets – the first arrangement of its kind for the [...]
Job losses could surge as furlough support reduces from today July 1, 2021 Job losses could surge as furlough support reduces from today
The end of the furlough scheme must be the beginning of a renewed focus on London’s recovery July 1, 2021 The furlough scheme has been a lifeline for London workers. At its peak, as many as one million Londoners were furloughed – from builders to bakers, coders to café owners (and many of my team at Centre for London). We all know someone who has depended on and can be grateful for the government’s support to see [...]
Cairn Homes to post dividend of 2.66 cents, while demand has ‘never been stronger’ July 1, 2021 Cairn Homes is set to reinstate a dividend of 2.66 cents per share, while the demand for new homes has “never been stronger”, the housebuilders boss said. The group raked in a sturdy €131m revenue from 403 closed new home sales in the six months to 30 June, up from €81m from 207 closed sales [...]
Barclays to up junior bankers’ base pay to $100,000, following Wall Street rivals June 30, 2021 UK bank Barclays is expected to increase base pay for junior bankers to $100,000 amid an exodus of young workers. The pay hike would bring the company’s rates in line with those announced by JPMorgan this week. In April, Bank of America also increased junior banker salaries by up to $25,000. While the changes are expected [...]
John McAfee: A crazy life of searching for one thing, which he eventually found by chance June 30, 2021 Crypto AM editor Darren Parkin chronicles the remarkable life of John McAfee, who died on June 23 2021.
Loki Episode 4 review: Chaos reigns in hit Marvel drama June 30, 2021 *** WARNING: This article contains spoilers about new and past episodes of Loki *** It seems a bit misleading to call last week’s episode of Loki as uneventful, given Sylvie (Sophia Di Martino) revealing a key plot point and facing the apocalypse with Loki (Tom Hiddleston). However, narratively it gave our heroes a chance to [...]
Recognising voices: Lessons from Asian Pacific American Heritage Month – targeted violent crime on the rise June 30, 2021 DiverCity® Podcast · The Perspectives of Discrimination and Representation Violent crime targeting Asian people in the US soared by 150% in the US in 2020. The UK has noted a 300% increase in hate crimes against East Asian and Southeast Asian communities since 2020. Tackling this horrific rise in violence means tackling subversive racism and [...]
Australian bank Macquarie places £1bn bet on UK rental housing market June 30, 2021 Australian bank Macquarie is betting on the UK rental housing market with the creation of its new business that is planning to invest over £1bn, according to reports. The bank’s asset management arm is eyeing London to buy, develop and operate multi-family housing complexes, as well as other cities across the country, it said in a [...]
UK’s debt risks soaring by over £100bn due to post-pandemic inflation June 29, 2021 The Bank for International Settlements (BIS) today published its annual report today, suggesting that the UK’s post-pandemic debt could rise by over £100bn due to inflation. In its report, the Swiss-based bank set out its outlook for global recovery from the Covid pandemic. Its primary scenario was one of solid recovery but at uneven rates, [...]