Business news

• Reddit chief: I was late to spot GameStop stock mania

  04-03-2021 22:12 via bbc.co.uk
  
  Steve Huffman says he supported the aims of a Reddit group taking on the hedge funds.
  
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• Investors lambast Sunak’s plans to raise corporation tax

  04-03-2021 21:03
  Shareholders warn move could make UK less attractive to invest and hit dividends
  
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• Brussels to launch legal action against UK ‘soon’ over N Ireland

  04-03-2021 20:23
  Britain’s unilateral move to extend waivers on trade checks inflames tensions with EU
  
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• Women retirees win £2.7bn for underpaid pensions

  04-03-2021 19:51 via bbc.co.uk
  
  About 200,000 pensions may get top-ups averaging £13,500 after nearly two decades of shortfalls.
  
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• UK scraps EU cap on Covid grants for struggling businesses

  04-03-2021 19:43
  Limit to be tripled after some large companies locked out of scheme over state-aid rules
  
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• Johnson under pressure to publish ‘levelling-up’ fund criteria

  04-03-2021 18:56
  Criticism after Sunak’s constituency put in higher category than more deprived areas
  
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• UK budget/BT: deductive logic

  04-03-2021 18:34
  Telecoms group is one winner of Sunak’s ‘super deduction’ but boost will only be temporary
  
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• Regulation Changes Affecting the UK Gambling Market and Remote Casino Business

  04-03-2021 18:32 via ibtimes.co.uk
  
  Since the enactment of The Gambling Act 2005, the UK had not seen any other significant gambling industry changes.
  
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• Budget 2021: Rishi Sunak insists Covid-recovery tax rises fair

  04-03-2021 17:33 via bbc.co.uk
  
  Chancellor Rishi Sunak is accused of hitting the poorest hardest in his Budget plan to balance the books.
  
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• US suspends tariffs on single malt Scotch whisky

  04-03-2021 17:23 via bbc.co.uk
  
  Tariffs on UK cheese and cashmere will also be lifted as the countries try to resolve an old trade row.
  
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• ‘Act big’ in the US means thinking smaller in the UK

  04-03-2021 17:07
  What may be the right level of fiscal stimulus for one country is not true for them all
  
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• Sunak will be forced to raise UK taxes again, economists warn

  04-03-2021 16:51
  Chancellor’s public spending plans are ‘implausible’, experts say, and could be amended in the autumn Budget
  
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• Northern Ireland protocol risks being tested to destruction

  04-03-2021 16:01
  The UK’s unilateral move to ease burden on business inflames tensions with EU
  
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• US suspends tariffs on UK exports in Airbus-Boeing trade dispute

  04-03-2021 16:00
  Biden administration moves to de-escalate long running trade row with temporary measure
  
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• Budget 2021: 'Scrooge Sunak not levelling with people' on cuts

  04-03-2021 15:49 via bbc.co.uk
  
  The Budget leaves the chancellor looking more Scrooge than Santa, says the Institute for Fiscal Studies.
  
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• Property boss says stimulus has made UK market ‘too big to fail’

  04-03-2021 15:33
  Vistry chief says tax breaks and Help to Buy extension have tied economic sentiment closer to house prices
  
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• Melrose targets big acquisition as it relaunches Nortek sale process

  04-03-2021 15:20
  FTSE 100 buyout group aims to offload $3.5bn US air conditioning business within a year following delay caused by pandemic
  
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• Apple investigated in UK over 'unfair' App Store claims

  04-03-2021 15:05 via bbc.co.uk
  
  The Competition and Markets Authority has launched an investigation into how Apple's app store is run.
  
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• Financial bubbles also lead to golden ages of productive growth

  04-03-2021 14:47
  The ESG stock frenzy of today, however egregious, may yet translate into a better tomorrow
  
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• UK Budget 2021: essential reading

  04-03-2021 14:28
  
  These are some of the key articles in the Financial Times coverage of Wednesday’s Budget, Rishi Sunak’s second as chancellor
  
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• Housebuilder Vistry says UK property market now ‘too big to fail’

  04-03-2021 14:24
  Interventions including tax break and Help to Buy extension tie economic sentiment closer to market
  
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• Deliveroo unveils plans for '$7bn' London listing

  04-03-2021 12:38 via bbc.co.uk
  
  The food delivery firm hopes to list its shares on the London Stock Exchange this year.
  
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• Budget 2021: 10 ways Rishi Sunak's speech affects you

  04-03-2021 11:37 via bbc.co.uk
  
  Chancellor Rishi Sunak's Budget is packed with policies that will affect your finances. Here is a guide.
  
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• Rishi Sunak defends increase in UK corporation tax

  04-03-2021 11:36
  Chancellor says government committed to ‘internationally competitive’ business environment
  
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• Prince Harry, Meghan Markle file legal dispute on use of "Archewell" by Philippine deodorant brand

  04-03-2021 11:29 via ibtimes.co.uk
  
  The Duke and Duchess of Sussex are in a legal battle with a Filipino small business owner over the filing of "Archewell Harvatera" for a brand of deodorants.
  
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• Who is Jane Andrews? Sarah Ferguson's ex dresser who finished prison term for murdering boyfriend

  04-03-2021 11:25 via ibtimes.co.uk
  
  Jane Andrews worked for the British royal from 1988 to 1997, during which they reportedly shared a close bond.
  
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• Glow-in-the-dark sharks in deep New Zealand waters surprise scientists

  04-03-2021 11:08 via ibtimes.co.uk
  
  The sharks could swim up to 984 feet below sea level, which explains why it took a long time before they were discovered.
  
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• National Guard soldiers at U.S. Capitol get sick after being fed raw meat

  04-03-2021 10:43 via ibtimes.co.uk
  
  The undercooked meals were made more dangerous because there was a delay of up to four hours before they were given to the guards.
  
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• Tiger Woods 'healing' after possible 'medical episode' led to car crash

  04-03-2021 10:17 via ibtimes.co.uk
  
  There are speculations that Woods may have been under the influence or fell asleep on the road prior to the crash.
  
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• Meghan Markle 'distressed' about bullying allegations; knew 'it would get ugly,'

  04-03-2021 10:01 via ibtimes.co.uk
  
  A friend of the Duchess of Sussex accused Buckingham Palace of being racist towards the "Suits" alum.
  
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• Prince Harry copies Prince William while protecting Meghan Markle from harassment

  04-03-2021 09:34 via ibtimes.co.uk
  
  The brothers both sent legal letters to the British press asking them to keep details about Meghan Markle and Kate Middleton's life private.
  
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• Alec Baldwin reacts to claims saying baby daughter Lucia is 'product of an affair'

  04-03-2021 08:38 via ibtimes.co.uk
  
  Alec Baldwin claps back at online trolls who questioned the birth of his and wife Hilaria's new baby daughter.
  
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• Duchess Camilla gives update on father-in-law Prince Philip's health amid rising concerns

  04-03-2021 08:31 via ibtimes.co.uk
  
  Camilla is the second member of the royal family to publicly say that they are "keeping their fingers crossed" for the Duke.
  
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• Kanye West, Kim Kardashian divorce update: 'KUWTK' star to keep Hidden Hills home

  04-03-2021 08:28 via ibtimes.co.uk
  
  Kim Kardashian will get to keep the Southern California mansion she bought with Kanye West in 2014 for the sake of their four kids.
  
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• Amazon Fresh till-less grocery store opens in London

  04-03-2021 08:23 via bbc.co.uk
  
  The shop will stock hundreds of new own-brand items including UK-sourced milk and desserts.
  
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• Diego Maradona was kidnapped by his lawyer, claims ex-wife

  04-03-2021 08:20 via ibtimes.co.uk
  
  Explosive audio recordings were leaked on Saturday, showing a troubling web of circumstances surrounding Maradona's final days.
  
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• Meghan openly blasts 'The Firm' in new teaser for Oprah interview while palace launches probe against her

  04-03-2021 07:19 via ibtimes.co.uk
  
  Meghan claimed that there is an active role that the royal family is playing in perpetuating falsehoods about her and Harry.
  
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• Lex Greensill and the British establishment

  04-03-2021 06:00
  More on the unravelling of the supply-chain finance group
  
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• Leavers will forever blame Brussels for Brexit’s failure

  04-03-2021 06:00
  Hubris, resentment and insecurity still loom large in Britain’s attitude to the EU
  
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• Lionel Messi is gone if I don't win, threatens Barcelona presidential candidate

  04-03-2021 05:42 via ibtimes.co.uk
  
  Laporta emphasised his intention to convince Messi to renew his contract.
  
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• Eight injured in 'suspected terrorist' stabbings in Sweden

  04-03-2021 05:08 via ibtimes.co.uk
  
  Police initially treated the incident as "attempted murder" but later changed it in a statement to include a "suspected terrorist crime."
  
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• UK businesses think big about smaller office spaces

  04-03-2021 05:00
  Employers want new, high-specification offices to tempt staff away from their homes
  
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• Shopping for ways to ease retailers’ £25bn business rates burden

  04-03-2021 05:00
  Online sales tax or changes to way high street levy is calculated head options, but Treasury loath to lose revenue
  
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• SpaceX rocket explodes on ground after seemingly successful flight

  04-03-2021 04:43 via ibtimes.co.uk
  
  SpaceX founder Elon Musk has been developing the next-generation Starship rocket for the purpose of going to Mars
  
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• Brazil reports 2nd straight day of record Covid deaths

  04-03-2021 04:24 via ibtimes.co.uk
  
  Brazil is so far using Chinese-developed CoronaVac and the Oxford University/AstraZeneca vaccine, both of which require two doses.
  
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• UN says 38 dead in Myanmar's 'bloodiest' day since coup

  04-03-2021 03:56 via ibtimes.co.uk
  
  The junta has so far ignored the global condemnation, responding to the uprising with escalating strength.
  
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• Sands pulling out of Las Vegas to bet big on Asia

  04-03-2021 03:36 via bbc.co.uk
  
  The gaming giant will invest in Singapore and Macau, where it is building a London-themed resort.
  
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• Chancellor Rishi Sunak extends furlough in Covid budget

  04-03-2021 03:07
  
  ‘I hear furlough’s being extended’
  
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• Budget 2021: 'I'm finding it hard to celebrate'

  04-03-2021 02:39 via bbc.co.uk
  
  There's more support for many in the Budget, but for some it still falls short.
  
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• Twin sisters worth millions thanks to female gamers

  04-03-2021 01:16 via bbc.co.uk
  
  The Nakajima twins develop games for women and three-quarters of their workforce are female.
  
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