What are the long-term prospects for healthcare investing post Covid-19? July 16, 2020 The pandemic has shone a spotlight on healthcare but what happens when a vaccine is found? We asked Schroders’ investment experts for their views on the sector’s long-term prospects. The Covid-19 crisis has hurt most economic sectors this year. As of 30 June, healthcare was one of only three sectors to post positive year-to-date returns [...]
Monzo relaunches premium accounts in third profit-chasing attempt July 16, 2020 Monzo is today relaunching its paid-for Plus account, in a near complete overhaul from its previous iteration that was scrapped last year. The new account will utilise open banking rules to allow users to view and move money from different bank and credit card accounts within the Monzo app, in a direct challenge to fintech [...]
Rishi Sunak shoots down speculation he will raise capital gains tax July 15, 2020 Rishi Sunak has distanced himself from reports that he is looking at increasing capital gains tax to help pay for the government’s Covid-19 spending. The Treasury announced yesterday it was commissioning the Tax Simplification Office to conduct a study “asking for “evidence to seek views about capital gains tax”, prompting speculation from financial services firms [...]
UK small businesses ‘optimistic for the future’ despite coronavirus crisis July 15, 2020 Most UK small and medium sized businesses (SMEs) are optimistic about the future despite the huge challenges created by the coronavirus pandemic, according to the latest research. In total 60 per cent of UK SME owners are hopeful about the future of their business, making the UK the most optimistic in western Europe, alongside the [...]
Happy Bastille Day as Binance turns 3 July 14, 2020 Greetings from the Jurassic coast where young Lady Luna (my fast growing puppy) and I are on holiday with my relatives enjoying all the Dorset countryside has to offer! My French husband and I celebrated our 23rd Anniversary on the 12th July over WhatsApp and my old university French friend Carine Remy Greenwich celebrates her [...]
UK economy grows by much less than expected after April crash July 14, 2020 The UK economy grew at a much slower rate than expected in May after April’s historic crash, official figures have shown, in a sign that the recovery could be weaker than anticipated. UK GDP expanded by 1.8 per cent in May, the Office for National Statistics (ONS) said, after shrinking by an enormous 20.3 per [...]
Crypto AM shines its Spotlight on Tap July 14, 2020 tap, the world’s first truly unified crypto banking app launched to the public on the 24 February 2020 and is the only company regulated in Europe currently operating a prepaid MasterCard. Regulated to trade and store customers’ digital assets by the Gibraltar Financial Services Commission, tap is in essence, bridging the gap between traditional and [...]
UK launches Brexit awareness ad blitz for tourists and businesses July 13, 2020 The government today has launched a £93m advertising blitz to prepare businesses and tourists for the end of the Brexit transition period on 31 December. Advertising will focus on incoming changes to travel insurance and passport requirements for tourists heading to the EU, while also highlighting new trading regulations with Europe. Titled “the UK’s new [...]
London leads Europe in follow-on fundraising with busiest period in a decade July 13, 2020 While London markets may have faced a lull in new placings, they had their busiest half for follow-on fundraising in a decade. Data from accountancy firm EY shows more than £21bn of funds were raised in the first and second quarters in London. In the six months to June, existing issuers dominated the market raising [...]
Johnny Depp admits he ‘accidentally’ headbutted Amber Heard during scuffle July 9, 2020 Johnny Depp has admitted to “accidentally” headbutting ex-wife Amber Heard during a fight between the pair at their shared penthouse in Los Angeles in 2015. Depp is suing the Sun’s publisher News Group Newspapers (NGN) and the Sun’s executive editor Dan Wootton over an article from April 2018 that referred to Depp as a “wifebeater”, [...]