The UK’s economy will bounce back to pre-COVID levels by the end of 2021 despite the end of lockdown being delayed, the CBI has forecast – a year earlier than expected.
Source: Sky Business News
Monthly Archives: June 2021
UK asks EU for grace period extension amid Brexit sausage trade row
The UK has asked the European Union to extend the grace period on chilled meats being sent from Great Britain to Northern Ireland.
Source: Sky Business News
Brewdog boss sorry for staff 'pain' as pledges review
James Watt has promised an independent review of the beer company after fierce criticism from ex-staff.
Source: BBC
Meat sector warns of Brexit production squeeze
UK faces shortage of home-reared chickens as EU workers stay away, says trade group.
Source: BBC
Victoria's Secret swaps Angels for different faces
Lingerie firm hopes partnerships with the likes of football star Megan Rapinoe will revamp the brand.
Source: BBC
JP Morgan swallows Nutmeg as it prepares for UK launch of new digital bank
The advance of Wall Street’s banking giants into the UK financial services sector took another big step today when JP Morgan Chase announced it had bought the digital wealth manager and so-called ‘robo advice’ firm Nutmeg.
Source: Sky Business News
Number of UK adults with cryptoassets like Bitcoin rises to 2.3 million
An estimated 2.3 million UK adults now hold cryptoassets such as Bitcoin – despite warnings of the risks involved – according to the City watchdog.
Source: Sky Business News
‘My firm was taken to court over unpaid rent'
Many firms face county court judgements for unpaid rent despite the moratorium on commercial evictions.
Source: BBC
Covid: Employers can put self-isolating staff on furlough
The Treasury was “reluctant” to say the scheme could be used this way, emails from a civil servant suggest.
Source: BBC
UK tech titan backs Wise decision on dual-class shares
Britain’s most prominent institutional investor in the world’s biggest technology companies has endorsed a decision by the founders of Wise, the fintech app, to pursue a public listing which will give them super-sized voting rights.
Source: Sky Business News