Eurostar receives £250m refinancing package after months of waiting May 18, 2021 Eurostar today announced that it had received a £250m refinancing package from a group of banks in a bid to shore up its finances amid the Covid-19 pandemic. The firm said that the deal, which comprises £50m shareholder equity, £150m shareholder guaranteed loans and £50m restructured existing loan facilities, would be guaranteed by majority shareholder [...]
Net Zero: New oil, gas and coal development must end this year, IEA says May 18, 2021 New oil and gas field development and extraction must end this year, while no new coal-fired power stations can be built if the Earth is to stay within safe limits of global warming, the world’s leading energy organisation has said today. Halting developments is fundamental to meeting the net-zero emissions goal by 2050, to keep [...]
City of London celebrates the return of indoor hospitality and culture as Government continues to ease lockdown restrictions May 18, 2021 The City of London Corporation has today (17 May) announced a further series of events to mark the reopening of its indoor hospitality, cultural and heritage institutions based across the Square Mile. As the Government’s roadmap to ease lockdown restrictions in England reaches its third step, Lord Mayor of London William Russell and Policy Chair of the [...]
Emerging Asia-Pacific capital markets: challenges and opportunities May 18, 2021 CFA Institute has published ‘The Emerging Asia Pacific Capital Markets: Challenges and Opportunities’. The report, compiled by Larry Cao and Luis Garcia-Feijóo, presents perspectives from local authors on the financial history, current status and outlook for 11 countries. Their insights should be particularly valuable for prospective investors. Many have argued that the 21st century will [...]
Frost: EU needs to get used to UK controlling its own fishing waters May 18, 2021 The EU needs to “get used to” the UK having control over its own fishing waters post-Brexit or else there will continue to be “difficulties”, according to Lord David Frost. The minister for UK-EU relations also told MPs yesterday that the post-Brexit relationship will be “a bit bumpy for a time”. There have been complaints [...]
A new breed of activist investors: capitalism is the engine of corporate change May 18, 2021 The ESG naysayers – and yes, they do exist – have a large slice of humble pie to eat. The world as we know it, and how we choose to make our own individual mark on it, has changed drastically in the last 20 years. Our sense of personal responsibility has been supercharged over the [...]
Diana Muendo CA: A creative approach to diversity May 18, 2021 Diana Muendo CA talks about having the courage to be curious, the diversity of art and big hair.
UK government to set up new unit to exploit ‘Brexit opportunities’ May 17, 2021 The UK government is setting up a new unit to explore “Brexit opportunities” particularly around shedding EU regulations, according to Lord David Frost. Frost, the minister for UK-EU relations, said he was helping hire a new head of the unit that will come from outside government and that it would explore things like changing financial [...]
BT’s boss buys £2m of shares one day after major investment push May 17, 2021 The boss of BT has bought more than £2 million of shares in his own company, just a day after announcing a major new investment drive. Chief executive Philip Jansen bought 1.25 million shares at £1.63 each, according to new filings with the London Stock Exchange. The purchase on Friday came the day after Jansen [...]
Those Who Wish Me Dead: Angelina Jolie’s back in action thriller May 17, 2021 It’s been an interesting decade for one of the world’s most famous stars. Angelina Jolie has arguably enjoyed a profile higher than most actors this century, but celebrity hasn’t always translated into box office. After being one of the big draws of the 2000s, her live action output in the 2010s has garnered mixed results [...]