Budget: What should Rishi Sunak prioritise to boost UK manufacturing? March 2, 2021 Government borrowing has now exceeded £270bn in this financial year, according to the Office for National Statistics. While under normal circumstances, this may have raised some eyebrows, we are still operating in unprecedented times. Despite the significant COVID-19 relief bill, further investment stimulus is required, and the UK manufacturing sector will be hoping this is [...]
Financial services firms move £1.3 trillion to EU following Brexit vote March 2, 2021 Financial services firms move £1.3 trillion to EU following Brexit vote
London regains top spot in Schroders’ Global Cities Index March 1, 2021 London has returned to the top spot in the Schroders’ Global Cities Index after scoring highly in its response to climate change in comparison to other cities in the index. This year, the index has introduced a transport score into the ranking, with a particular focus on mass transit systems. As a result, car-reliant Los [...]
Fourth executive jailed in Britain’s Iraq oil bribery case March 1, 2021 A former sales manager of Dutch energy services company SBM Offshore was sentenced on Monday to three-and-a-half years in jail after being convicted by a London jury of bribing public officials to win oil contracts in post-occupation Iraq. Paul Bond, 68, was found guilty of two counts of bribery after a retrial at London’s Southwark Crown Court [...]
Halfords on track for £100m profit as cycling division keeps the wheels turning March 1, 2021 Halfords this morning said that it was on track to post full year profit of £90m to £100m as a pandemic-inspired cycling boom continued. That’s after paying back £10.7m in furlough income, as the firm announced that it would do this morning. The firm’s shares rose 17 per cent on the back of the announcement. [...]
BDO: Sunak faces all sorts of challenges February 28, 2021 In many ways the first Budget of 2021, which is set to take place on Wednesday, feels like a significant one. It’s against a backdrop of an ambitious roadmap recently unveiled by the Prime Minister to take us out of lockdown, while at the same time the deficit is the highest seen in the post-war [...]
Covid clubbing: What will a night out look like after the pandemic? February 26, 2021 Boris Johnson this week unveiled the UK’s route out of lockdown, unleashing a jubilant flood of social media memes. With 21 June set as the target date for a full lifting of restrictions, Brits were quick to fantasise about how they’ll celebrate their newfound freedom after 15 months of lockdown. The timeline could still be [...]
Majority of work from home job listings now ‘temporarily remote’, as return to office nears February 26, 2021 Majority of work from home job listings now 'temporarily remote'
The state of the state of Ethereum February 26, 2021 Last week saw record transaction costs on Ethereum, peaking at around $7,000,000 per hour in fees.
Goldman Sachs CEO was right, a remote workforce will sow division, not creativity February 26, 2021 For much of the last year, chatter amongst business leaders has been on the “new normal” and how we’ve adapted to it. Businesses of all shapes and sizes have quickly and comfortably adjusted to a Zoom-based reality. We’ve all heard the doomsayers claiming the transition is the death knell for the office A few large [...]