Business news

• UK listings/Spacs: the crown duals

  02-03-2021 23:31
  City-boosting proposals are not enough to offset lack of EU financial services trade deal
  
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• Hill review: London takes aim at Amsterdam with new listing rules

  02-03-2021 23:30 via bbc.co.uk
  
  Under proposals in a new report, company founders could maintain control even after listing them on a London exchange.
  
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• Budget to give £20bn extension to UK Covid support until September

  02-03-2021 23:00
  Sunak will promise to use full ‘fiscal firepower’ at Treasury’s disposal
  
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• Budget to give £20bn extension to UK Covid-19 support until September

  02-03-2021 23:00
  Sunak will promise to use full ‘fiscal firepower’ at Treasury’s disposal
  
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• Budget 2021: What we know so far about Sunak's spending plans

  02-03-2021 23:00 via bbc.co.uk
  
  From money for the arts to help for small firms, here are the spending plans announced so far.
  
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• Budget 2021: Five things to look out for from Rishi Sunak

  02-03-2021 23:00 via bbc.co.uk
  
  Tax rises and an extension of Covid support are both tipped to be announced in this week’s Budget.
  
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• Budget 2021: Furlough set to be extended - Kwasi Kwarteng

  02-03-2021 19:49 via bbc.co.uk
  
  Kwasi Kwarteng says help for firms and workers will continue, as Chancellor Rishi Sunak prepares to unveil the Budget.
  
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• Nike exec quits after son's trainer resale firm revealed

  02-03-2021 19:29 via bbc.co.uk
  
  He reportedly used a credit card in her name to buy shoes for his resale company.
  
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• Sunak to use full ‘fiscal firepower’ to help companies and workers

  02-03-2021 19:00
  Chancellor in Budget will also prepare UK for tax rises once worst of pandemic crisis has passed
  
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• Pontins used 'undesirables list' of Irish surnames

  02-03-2021 18:54 via bbc.co.uk
  
  The holiday firm promises to change after disclosure of a list to screen out Gypsies and Travellers.
  
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• Rishi Sunak has reasons to be cheerful and fearful in his Budget

  02-03-2021 17:44
  Forecasts for public finances have improved but debt pile leaves UK vulnerable to rise in borrowing costs
  
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• Chancellor navigates fragile UK public finances

  02-03-2021 17:44
  Small rate increases will cause big jump in borrowing costs due to soaring public debt
  
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• Local governments need the power to save their high streets

  02-03-2021 17:22
  Whitehall should let UK communities decide how best to save jobs and shape town centres
  
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• Unions fear huge job losses as 'saviour of steel' hits crisis

  02-03-2021 17:19 via bbc.co.uk
  
  Unions fear for 5,000 jobs in UK steel and engineering as owner Sanjeev Gupta hits financial crisis.
  
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• Taylor Wimpey sets aside £125m for cladding and fire safety repairs

  02-03-2021 15:23 via bbc.co.uk
  
  The UK housebuilder sets aside more money to help bring buildings in line with latest regulations.
  
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• Folding iPhone rumoured to come out in 2023

  02-03-2021 12:16 via ibtimes.co.uk
  
  Apple competitors like Motorola, Samsung, and Royole have released their own versions of foldable smartphones.
  
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• Funerals: Cold-calling ban among plans for pre-paid services

  02-03-2021 12:12 via bbc.co.uk
  
  Stricter rules are proposed for when the sector is overseen by the UK's financial regulator.
  
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• Body language expert compares Meghan Markle's Oprah chat with Princess Diana's Panorama interview

  02-03-2021 11:43 via ibtimes.co.uk
  
  The former actress reportedly mirrored Princess Diana by showing a "slightly enigmatic smile" on her face.
  
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• UK house prices see 'surprise' pick-up, says Nationwide

  02-03-2021 11:30 via bbc.co.uk
  
  An unexpected acceleration in values last month pushed prices to a record high, the Nationwide says.
  
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• U.S. FDA issues emergency use authorisation for 10-minute rapid home-test kit for COVID-19

  02-03-2021 11:21 via ibtimes.co.uk
  
  With the Quidel QuickVue test, individuals no longer need to send a sample to the laboratory as they could have the results in just 10 minutes.
  
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• UK house prices rebound in February

  02-03-2021 11:10
  Low interest rates and desire for larger homes is driving growth, property experts say
  
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• Energy firms overcharged one million switching customers

  02-03-2021 11:01 via bbc.co.uk
  
  Households were overcharged by a total of £7.2m when they should have been protected from price rises.
  
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• National Grid to appeal against Ofgem price control ruling

  02-03-2021 10:54
  UK utility fears cut to credit rating after regulator’s decision that will reduce returns by almost 40%
  
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• Gal Gadot announces third pregnancy with sweet picture of baby bump

  02-03-2021 10:54 via ibtimes.co.uk
  
  The pregnancy announcement comes just a day after Gadot presented an award at the 2021 Golden Globes.
  
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• Meghan Markle pays tribute to Princess Diana, plus secret messages in Oprah interview

  02-03-2021 10:24 via ibtimes.co.uk
  
  Meghan Markle and Prince Harry's interview with Oprah Winfrey is riddled with symbolic messages including that of revival and an homage to two Commonwealth countries.
  
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• YouTube suspends Rudy Guiliani anew for alleged election misinformation dissemination

  02-03-2021 10:19 via ibtimes.co.uk
  
  If Giuliani receives a third strike within 90 days from the first strike, he will be banned.
  
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• Fans demand delay of Harry and Meghan's Oprah interview amid Prince Philip's health battle

  02-03-2021 10:08 via ibtimes.co.uk
  
  The producers of the interview are reportedly refusing to postpone airing despite Prince Philip's deteriorating health.
  
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• Japan urges China to stop 'psychologically painful' anal COVID-19 test

  02-03-2021 09:18 via ibtimes.co.uk
  
  Japanese visitors in Beijing confirmed with the embassy that they were subjected to the mandatory anal swab for COVID-19 testing.
  
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• Barcelona crisis: Arrests made over 'Barcagate' scandal involving former president Bartomeu

  02-03-2021 08:53 via ibtimes.co.uk
  
  Unconfirmed reports state that former club president Josep Maria Bartomeu was among those arrested.
  
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• Facebook to pay users $650 million in class action suit over privacy law woes

  02-03-2021 08:24 via ibtimes.co.uk
  
  The California federal court ordered Facebook to pay 1.6 million Illinois residents, and each will receive around $345 under the settlement.
  
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• Darkening mood at Windsor Castle as Prince Philip transfers hospital amid longest health battle

  02-03-2021 08:14 via ibtimes.co.uk
  
  Doctors will continue to treat the Duke "for an infection, as well as undertake testing and observation for a pre-existing heart condition."
  
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• Lady Gaga's dog walker Ryan Fischer breaks silence after 'close call with death'

  02-03-2021 07:58 via ibtimes.co.uk
  
  Ryan Fischer shares his gratitude for the outpouring of love and support he received and for the safe return of Lady Gaga's dogs.
  
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• Hilaria and Alec Baldwin accused of using baby no. 6 as publicity stunt

  02-03-2021 07:51 via ibtimes.co.uk
  
  Netizens think Hilaria and Alec Baldwin want people to talk about the baby's curious birth just five months after they had a son in September 2020.
  
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• What are the tax implications for someone working abroad during lockdown?

  02-03-2021 06:00
  A member of the team has been working remotely from Israel
  
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• UK Budget: the long road to levelling up

  02-03-2021 06:00
  The coronavirus crisis has made it even harder to work out which regions of the country are subsiding others
  
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• It is not up to consumers to police modern slavery

  02-03-2021 06:00
  Businesses and governments should take the lead in rooting out abuses
  
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• Queen Elizabeth II smiles, makes jokes in interview as Prince Philip transfers hospital

  02-03-2021 05:22 via ibtimes.co.uk
  
  The Queen joked about the statue of herself presented to her by officials in South Australia during a video call.
  
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• US father and son handed to Japan over Ghosn's escape

  02-03-2021 04:46 via ibtimes.co.uk
  
  Peter Taylor and his father, a former US Special Forces member turned private security contractor, had been imprisoned pending the outcome of the extradition fight.
  
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• Amazon accused of race-gender bias in workplace

  02-03-2021 04:31 via ibtimes.co.uk
  
  Amazon is digging into allegations made in the lawsuit, the spokeswoman added.
  
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• Huawei exec's extradition fight enters final round in Canada

  02-03-2021 04:05 via ibtimes.co.uk
  
  Meng remains under house arrest in her Vancouver mansion. Her extradition trial will resume on Wednesday and is scheduled to wrap up in mid-May, barring any appeals.
  
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• Winston Churchill's 'most important' painting sells for £7 mn

  02-03-2021 03:54 via ibtimes.co.uk
  
  Christie's said in a tweet that the sale figure with commission was £8.2 million.
  
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• World's first Covax jab injected as US eyes J&J rollout

  02-03-2021 03:37 via ibtimes.co.uk
  
  While inoculation campaigns are now well under way, the spread of highly infectious Covid variants has fuelled worries that they could prove more resistant to the vaccines.
  
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