Changes to UK amber list travel rules will be “later this summer” June 24, 2021 Travel to the UK’s amber list countries will be quarantine-free on return for fully vaccinated Brits “later this summer,” under government plans still being decided. Transport secretary Grant Shapps said the government is still considering plans and will set out further details on amber list travel in July, delaying what the travel industry had hoped [...]
Scottish govt: Brexit is damaging business, migration and devolution in Scotland June 24, 2021 Many of the “negative impacts which were envisaged” at the time of the vote in June 2016 are “only now “starting to crystallise”, the Scottish Government has said five years on from the Brexit referendum. Determining the “real impact” of the Brexit vote to leave the European Union will take many years, according to a [...]
Homeowners could still sue for damages amid leasehold ground rent reforms June 24, 2021 Even though Persimmon Homes and Aviva have agreed to change the way they operate in regard to leaseholds and ground rent charges, homeowners could still be entitled to compensation, according to legal experts. Following a recent investigation by the Competition and Markets Authority (CMA), house builder Persimmon will allow its leaseholders to buy the freehold [...]
Prince Charles partners with insurance firms to tackle climate change June 24, 2021 Prince Charles has teamed up with the Lloyd’s of London insurance market to launch a task force aimed at transitioning the industry to a net zero economy. The task force will be chaired by Lloyd’s, with support from Charles’ Sustainable Markets Initiative. It will include the chief executives of insurance firms such as AXA, Allianz, [...]
AxisStars: Former Man Utd and France footballer Louis Saha on cleaning up the industry and ‘keeping sharks at bay’ with his app business June 23, 2021 Louis Saha enjoyed a glittering football career but he was far from an instant success. A promising teenager, he struggled at first at humble Metz, scored just once in a loan spell at Newcastle United, and dropped down a division to sign for Fulham in the hope of kick-starting his career. Saha proved a success [...]
Current institutional approach to decentralised finance (DeFi) June 23, 2021 Rob Gaskell of Appold takes a detailed look at the effects of institutional interest in decentralised finance.
Nasdaq hits record high as Wall Street rally continues June 23, 2021 US stocks rose today as the Nasdaq hit a record high after Fed officials calmed fears of a sharp tapering of monetary stimulus. The Dow Jones Industrial Average and the benchmark S&P 500 both gained 0.1 per cent at the open. Meanwhile, the tech-heavy Nasdaq advanced by 0.2 per cent to open at a record [...]
Festivals face ‘survival threat’ without insurance scheme, MPs warn June 23, 2021 Music festivals face a serious threat to their survival unless the government underwrites an insurance scheme covering the risk of cancellation, MPs have warned. In a report published today the Public Accounts Committee (PAC) warned that festivals were making “difficult decisions” about whether to risk their survival by going ahead this summer. The MPs added [...]
UK business given £12.3bn export support from government June 23, 2021 The government’s export credit agency has announced it gave a “record level” of financial support to UK exporters in the last year. UK Export Finance (UKEF) provided £12.3bn of support to UK exporters in the last financial year, almost three times the amount given in 2019-20, according to its annual results published today. The agency, [...]
FCA tables new climate disclosure rules to tackle fossil fuel investment chains June 22, 2021 The UK’s financial watchdog has tabled new proposals on climate-related disclosure rules for listed companies and certain regulated firms in the UK today. As climate-conscious commitments and environmental disclosure climb in importance for investors and consumers alike, the Financial Conduct Authority’s (FCA) new rules help ensure climate-related risks are known across the investment chain. “The climate change [...]